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Is a charge card the same as a credit card? No. Absolutely not. A credit card is a card where the balance can be carried over at the borrowers discretion while a charge card must be paid every month. American Express is a charge card and Visa is a credit card |
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A lot of the information on this site was taken from the FTC. Some of it copied directly. If you want, call them at 1-877-FTC-HELP |