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Credit Cards

Air Accident Insurance

Welcome to our lesson on air accident insurance. This type of insurance is designed specifically for the operation of aircraft and the unique risks involved in aviation. It differs from other forms of transportation insurance and includes terminology, limits, and clauses specific to air accidents. Let's delve deeper into the details of this specialized coverage.

Issuing Bank

These cards can either be credit, debit or prepaid cards. In the realm of finance, the term "issuer" is used to describe the banks responsible for issuing cards. These card...

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Free Credit Period

In the world of finance, there exists a concept known as a free credit period. This period, typically lasting between 20 to 50 days, is a time frame in which the card holder...

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Previous Balance

Credit card companies often use a method known as the 'previous balance' to determine the fees charged to their customers. This method takes into account the outstanding bal...

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Charge Card

A charge card is a type of payment card that requires you to pay off the full amount of your purchases by the due date. Unlike credit cards, charge cards do not allow you to...

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