Thread: CharlieCards v.v. Oyster (and Octopus?)
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Old January 25th 12, 02:35 PM posted to uk.railway,uk.transport.london,misc.transport.rail.americas
Stephen Sprunk Stephen Sprunk is offline
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On 25-Jan-12 02:14, Roland Perry wrote:
In message e.net, at
07:47:43 on Wed, 25 Jan 2012, Mark Goodge
remarked:
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.

Although a "deposit account" is the UK term for a long term savings
account, and most people will only have a debit card linked to checking
(aka current) account.

At least in US parlance, a "deposit account" is a checking, savings or
time deposit account. See:
http://en.wikipedia.org/wiki/Deposit_account

S

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Stephen Sprunk "God does not play dice." --Albert Einstein
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