Credit versus Charge Cards

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 26 July 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You may think “charge card” is just a nickname for “credit card;” but, that’s fake news. Nicole explains how they’re different and which one is right for you. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:09.0	That's a good one.
0:10.0	Dean and should I have a 401k because then I can do it?
0:12.0	No, I know.
0:15.0	I don't think the whole world will revolve around you on your money.
0:18.0	What a dumb son.
0:19.0	Charge for wasting our time.
0:23.0	I will take a check.
0:25.0	Look at all these people.
0:27.0	You recognize her from anchoring on CNN, CNBC, and Bloomberg.
0:31.0	The only financial expert you don't need a dictionary to understand.
0:35.0	The cold lap in.
0:37.0	Today we're switching gears from credit scores to credit cards.
0:41.0	We'll write in with this question.
0:44.0	Hey Nicole, I'm 31 so I'm sort of embarrassed that I don't know this.
0:48.0	But what's the difference between a charge card and a credit card?
0:51.0	I have a credit card and I've been pretty good about paying it off in full.
0:55.0	I'm now thinking of getting a second card.
0:57.0	If I'm planning on making a big purchase, what type of card should I sign up for?
1:02.0	First of all, Will, don't be embarrassed.
1:04.0	Here on Money Rehab, our specialty is answering the money questions you've been pretending to understand.
	...

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