Many people have credit cards, but not everyone understands the definition of a credit card and how it’s different from a debit card, or how credit cards work. There are also questions about how interest works on a credit card, different types of cards, and how to apply for a card. When you know the answer to some of the most common questions about credit cards, you could make better financial decisions.

Credit Card Definition and Facts
9 min read
Last Updated: February 27, 2025
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