Credit Card Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
DDR | D | Dicker Data Ltd | -13.15 | |
MME | D | Moneyme Limited | -1.54 | |
QFE | B | QuickFee Limited | -1.25 | |
HUM | D | Humm Group Limited | -1.15 | |
ABA | F | Auswide Bank Ltd | 0.00 | |
PIL | F | Peppermint Innovation Ltd | 0.00 | |
LFS | D | Latitude Group Holdings Limited | 0.43 | |
BOQ | B | Bank of Queensland Limited | 1.87 | |
SKO | D | SERKO LIMITED | 9.22 |
Related Industries: Banks - Regional - Australia Computer Distribution Credit Services Software - Application Software - Infrastructure
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
RDV | A | Russell High Dividend Australian Shares ETF | 3.34 | |
MVB | A | Market Vectors Australian Banks ETF | 1.13 |
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- Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. In 2018, there were 1.122 billion credit cards in circulation in the U.S.
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