What is the meaning of Charge card?

Charge card is a card that requires a full payment of the charge by the due date. Unlike credit cards, which give borrowers a revolving line of credit and lets them borrow against it, carrying a balance with an agreed-to interest rate, charge cards do not allow carrying a balance and no interest is charged. American Express and Diner''s Club are examples of charge cards.

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APABarry Goldsmith. (2010). charge card. Retrieved September 22, 2026, from http://smartdefine.org/charge_card/definitions/1149802
ChicagoBarry Goldsmith. 2010. "charge card" http://smartdefine.org/charge_card/definitions/1149802 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, charge card, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/charge_card/definitions/1149802>.
MLABarry Goldsmith. "charge card" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/charge_card/definitions/1149802>
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