Checking account

Checking account (demand account, transaction account) is the account that you need in everyday life for:

  • making or receiving payments
  • depositing cash - put money to the bank
  • withdrawing cash - take money out
  • etc.

In some countries, instead of checking account you can use a current account.

There are various ways …

Credit Card

Credit card is a plastic payment card that allows you to make your purchases or pay for some services on credit, without enough money in your bank account.

Any credit card directly linked to your bank card account. If you pay back the money you borrowed within the “grace period …

Current Account

Current account is the account that you need in everyday life (in USA this type of account named checking account) for:

  • making or receiving payments
  • depositing cash - put money to the bank
  • withdrawing cash - take money out
  • etc.

There are various ways to deposit money (not all these ways can …