Credit Card

A credit card is a plastic card issued by a financial institution that allows the cardholder to borrow funds to make purchases or pay for services. It provides a convenient and widely accepted method of payment, allowing individuals to make purchases even when they do not have immediate access to cash. Credit cards typically come with a predetermined credit limit, and cardholders are required to repay the borrowed amount within a specified time frame, usually with interest. They offer various benefits such as rewards programs, cashback offers, and fraud protection, making them a popular choice for everyday transactions and online shopping.