CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
31
You visited us 31 times! Enjoying our articles? Unlock Full Access!
Question

What happens after the expiration date of a credit card?

A
Credit limit decreases
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Credit limit increases
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
The card blows up
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
The card no longer works
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D The card no longer works
  • A credit card is a thin rectangular slab of plastic issued by a financial company especially a bank, that lets cardholders borrow funds to pay for goods and services.
  • These cards impose the condition that cardholders pay back the borrowed money, plus interest, as well as any additional agreed-upon charges. It comes with an expiry date post which the card no longer works.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Commercial Bills and Commercial Paper
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon