Although they are called credit cards, T&E cards and single-purpose cards are uniquely different from bank credit

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Although they are called “credit cards,” T&E cards and single-purpose cards are uniquely different from bank credit cards. What are the differences? What do they have in common with a traditional charge account?

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Question Posted: Jan 13, 2016 01:38 AM

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Although they are called credit cards, T&E cards and single-purpose cards are uniquely different from bank credit

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Travel and Entertainment TE cards require full payment of the balance each month bank credit cards o...View the full answer

Personal Finance Turning Money into Wealth

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