Question

what do you mean by credit card? what is the difference between the saving account and fixed deposit account.
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Answer 1

Answer:

A credit card allows people to buy goods and services without using cash.

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 But unlike a savings account, the money cannot be withdrawn before the fixed tenure, or rather it should not.

Explanation:

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