View Single Post
  #275   Report Post  
Old January 25th 12, 04:49 AM posted to uk.railway,uk.transport.london,misc.transport.rail.americas
Stephen Sprunk Stephen Sprunk is offline
external usenet poster
 
First recorded activity at LondonBanter: Aug 2004
Posts: 172
Default E-ZPass, was CharlieCards v.v. Oyster (and Octopus?)

On 24-Jan-12 17:19, Colin Youngs wrote:
"Miles Bader" schreef
: [I'm not sure if it's connected, but Japanese CCs are also _much_
: stingier about extending credit past the end of the month -- you
: _can't_ just decide to pay off your card bill a bit more slowly if you
: realize you're a bit skint this month

Same in Belgium. When I get my monthly credit card bill, I must pay the
outstanding amount on the card in full. Each new month must start with a
zero balance.


At least in US parlance, a "credit card" is linked to a "revolving"
credit account, i.e. you are not required to pay the full balance every
month. A "charge card" is linked to a credit account that is _not_
revolving.

For completeness, a "debit card" is one linked to a deposit account, and
a "payment card" is the generic form for any of the three types.

S

--
Stephen Sprunk "God does not play dice." --Albert Einstein
CCIE #3723 "God is an inveterate gambler, and He throws the
K5SSS dice at every possible opportunity." --Stephen Hawking