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Subjects>Business>Accounting

Why aren't credit card counted as money?

Anonymous

∙ 12y ago

Updated: 9/22/2023

credit cards is counted as money because say if you get your check and your money will go on your credit card i love chocalate ,k,k,k,k,k,k,k,k,k,k,k,k,k,k,k,k,k

Wiki User

∙ 12y ago

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Q: Why aren't credit card counted as money?

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Continue Learning about Accounting

What state accepts credit cards?

all states accept credit cards there arent any that do not accept use of a credit card. I think other countries even allow the use of a credit card

What is the primary difference between a credit card and a debit card?

credit mean were you take money debit is what you give money

Is credit card notes payable?

I am not sure what you mean. If you have used your credit chard to purchase something or to obtain money, then yes, you must pay money into your credit card account to cover these actions.

What happens when the credit card on file with a company you owe money to is invalid?

They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?

What is difference between credit card and debit card.?

Charges against a debit card are withdrawn directly from your checking account, it's similar to writing a check. Charges against a credit card are accumulated and you are sent a bill at the end of the month for the money you borrowed with possible fees. with a credit card you are using the banks money. with the debit card you are using your own money.

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Related Questions

Does a credit card issued to wife in the name of additional credit card without her consent will it be counted as a unsolicited credit card?

No.

What is a secured credit card?

a credit card that is secured by a deposit of your own money

Can anyone get a credit card?

if you have money you have to pay for a credit card

Can you transfer money to a credit card?

Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.

How is the Walmart Money Card different from a normal Visa credit card?

The Walmart money card is different from a normal Visa credit card because an individual has to deposit money on the Walmart card before he or she can purchase items with the card. Whereas the Visa credit card already has money on it, or a certain amount of credit.

Can you wire money directly to a credit card?

No, you cannot wire money directly to a credit card.

How do you know if your credit card is secured?

A secured credit card is a card on which you load money to be used by you. You will know if your credit card is secured if you must put money on it to use it.

How can I use a credit card to deposit money?

You can use a credit card to deposit money by transferring funds from your credit card to your bank account or by using your credit card to make a cash deposit at an ATM that accepts credit card deposits.

Can you add money to a credit card?

Yes, you can add money to a credit card by making a payment towards the balance on the card.

How can one get credit card with bad credit?

u sex the credit card and it has no money on it

Why can't i purchase a money order with my credit card?

Because there has to be real money on the money order. A credit card is a loan of money to you.

When I transfer money with my credit card what do you see on my credit card account?

no

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