A bank credit card account is an open-end account at a financial institution that allows the holder to make purchases almost anywhere.

Question

Quizplus · Accepted Answer

A bank credit card account is indeed an open-end account that permits the cardholder to make purchases almost anywhere. Since it is a revolving credit account, the cardholder can carry a balance and make minimum payments or pay off the balance in full each month.

A Bank Credit Card Account Is an Open-End Account at a Financial