On Tue, 24 Jan 2012 23:49:30 -0600, Stephen Sprunk put finger to keyboard
and typed:

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.

UK terminology is the same.

Mark
--
Blog: http://mark.goodge.co.uk
Stuff: http://www.good-stuff.co.uk