A _____, offered by companies such as American Express, carries no spending limit, and the entire amount billed to the card is due at the end of the billing period.

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02-07-2021
Business

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A _____, offered by companies such as American Express, carries no spending limit, and the entire amount billed to the card is due at the end of the billing period.

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andromache andromache · Answer 1 · 2021-07-03T21:08:30-04:00

andromache andromache

03-07-2021

Answer:

Charge card

Explanation:

A charge card is a type of electronic payment card in which there is no interest is to be charged but you needs to the pay the balance of the statement either full or monthly basis. Also it has the highest annual fee that should be charged

So as per the given situation, it is the charge card scenario

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