wha t dobyou mean by cradit card ? what is the defference between the savings account and fixed deposit account
Answers
Answer:
Explanation:
Fixed Deposit Account is a kind of investment, where the money is deposited for a particular period of time (tenor) and the bank/financial institution pays interest on the money deposited. But unlike a savings account, the money cannot be withdrawn before the fixed tenure, or rather it should not. A Fixed Deposit Account is a kind of investment, where the money is deposited for a particular period of time (tenor) and the bank/financial institution pays interest on the money deposited. But unlike a savings account, the money cannot be withdrawn before the fixed tenure, or rather it should not.
A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company, that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
Answer:
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.