Credit cards Flashcards
0
Q
What does it do ?
A
It allows the cardholder to pay for good and services, but with the banks money, but the cardholder has to pay the bank back at a later stage.
1
Q
Is a credit card a payment card ?
A
Yes
2
Q
Which are the two of the most prominent types of credit cards ?
A
Visa and MasterCard
3
Q
List 6 things that the font of a credit card has ?
A
Bank logo, EMV chip,hologram,account number,expiration date, cardholder name.
4
Q
Name 3 things on the back of a credit card ?
A
Magnetic strip,signature strip,card security code.
