阅读理解(10分)答进度A credt card is ba

阅读理解(10分)答进度A credt card is ba

2023年6月24日发(作者:)

阅读理解(10分)答进度A credt card is ba

A credit card is a plastic card (or its equivalent) to

be used upon presentation by the cardholder to obtain money,

goods, or services, possibly under a line of credit

established by the card issuer. The cardholder is billed for

any outstanding balance.

Credit card customers are given a credit limit on the

credit card account and can buy goods and services up to this

amount. Normally, banks will set different credit lines to

the different groups of cardholders. Every time cardholder

uses a credit card for purchasing, he/she must sign a sales

slip in the presence of the seller, and the signature is then

compared to the signature on the card. Copies of the sales

slips have the details of the card and they also show the

details and amount of the sale.

Each month the cardholder receives a statement from the

bank which details all the trans- actions in the month,

together with the total amount outstanding and any minimum

amount that needs to be paid. When the full balance is not

settled each month, the cardholder is charged a compound

interest ( say 0. 05% ) on the outstanding balance,and this is supposed to provide the bank with a main source of income

( although in China,this revenue is still low because people

are reluctant to run into debt) . Other two major sources of

credit card services are the annual fee from the cardholders

and the percentage of the sales revenue as the commission

paid by the seller.

A credit card is a plastic card and the like to be used

to obtain money, goods, or services and an overdraft is not

allowed.

A. Right

B. Wrong

C. Doesn't say

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