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Credit Cards

Issuing Bank

These cards can either be credit, debit or prepaid cards. In the realm of finance, the term "issuer" is used to describe the banks responsible for issuing cards. These cards come in various forms - credit, debit, or prepaid. It is essential to understand the role of the issuing bank in order to fully comprehend the intricacies of the banking industry and the functioning of these cards. Let's delve deeper into this concept.

Free Credit Period

In the world of finance, there exists a concept known as a free credit period. This period, typically lasting between 20 to 50 days, is a time frame in which the card holder...

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Global Card

A Global Card grants you the convenience of utilizing your credit card while traveling abroad. It allows you to make purchases in various currencies and then pay off the bal...

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Introductory/Intro Rate

A credit card's introductory rate, often referred to as a teaser rate, is a lower interest rate offered by the bank during the card's initial launch period. This is primaril...

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Issuing Bank

These cards can either be credit, debit or prepaid cards. In the realm of finance, the term "issuer" is used to describe the banks responsible for issuing cards. These card...

More