credit card

A "credit card" is a financial tool issued by banks or other financial institutions that allows users to borrow money for purchases, typically with the expectation of repayment with interest.

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Definition

B2Banking

(common, technical)A plastic or digital card issued by a financial institution, enabling the holder to borrow money to buy goods or services, with the promise to repay the borrowed amount plus interest and fees.

Example

  • She used her credit card to buy the new laptop and plans to pay off the balance over the next few months.

B1General Use

(informal)Any type of card issued by a bank or financial institution that allows the holder to make purchases on credit.

Example

  • Do you have a credit card, or should we use cash?

Similar

Terms that have similar or relatively close meanings to "credit card":

cheque cardblack cardcalling cardmemory cardlaser cardname cardblue cardcard standgreen cardtrade cardfile cardwhite cardcredit lineyellow cardtest card