Each region has different policies.

CreditCard, also known as credit card/overdraft card, is a card issued by a bank that gives the cardholder a certain credit limit. The cardholder can consume within the credit limit and then repay. Credit cards can provide settlement services and can be used for shopping and consumption.

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit limit.