▣Background A credit card allows consumers to purchase products or services without cash and to pay for them at a later date.To qualify for this type of credit,the consumer must open an account with a bank or company,which sponsors a card. They can use the card to make purchases from participating merchants until they reach this credit limit
Background A credit card allows consumers to purchase products or services without cash and to pay for them at a later date. To qualify for this type of credit, the consumer must open an account with a bank or company, which sponsors a card. They can use the card to make purchases from participating merchants until they reach this credit limit
Credit-card use originated in the U.S.in the 1920s;early credit cards were issued by various firms (e.g,oil companies and hotel chains)for use at their outlets only. The first universal credit card,accepted by a variety of establishments,was issued by Diners'Club in 1950. Charge cards such as American Express require cardholders to pay for all purchases at the end of the billing period (usually monthly)
Credit-card use originated in the U.S. in the 1920s; early credit cards were issued by various firms (e.g., oil companies and hotel chains) for use at their outlets only. The first universal credit card, accepted by a variety of establishments, was issued by Diners' Club in 1950. Charge cards such as American Express require cardholders to pay for all purchases at the end of the billing period (usually monthly)
▣Bank cards such as MasterCard and Visa allow customers to pay only a portion of their bill;interest accrues on the unpaid balance. Credit-card companies get revenue from annual fees ar interest paid by cardholders and from fees paid by participating merchants. 22沙2 22E8 VISA
Bank cards such as MasterCard and Visa allow customers to pay only a portion of their bill; interest accrues on the unpaid balance. Credit-card companies get revenue from annual fees and interest paid by cardholders and from fees paid by participating merchants
Listen and recognize the accent ▣British accent. chap,we were booked in. Explain the words while listening ▣chap: 目 a boy or a man 目 lobby: 目 a large entrance or reception room ▣Key to the exercise ▣1.D2.D3.C
Listen and recognize the accent British accent. chap, we were booked in. Explain the words while listening chap: a boy or a man lobby: a large entrance or reception room Key to the exercise 1. D 2. D 3. C
Dialogue 2 Card Insurances Ex.Decide whether the statements are true or false. ▣1，F_One insurance covers the loss of one particular credit card.all the cards Her,bag was snapped. 2.F The woman lost her credit cards because she left her handbag in a store. 3.F She telephoned all the credit card companies about the stolen cards within 10 minutes 目 We phoned all of the credit cards that I had on me, within 10 minutes 4.A chain of people involved in the robbery
Dialogue 2 Card Insurances Ex. Decide whether the statements are true or false. 1. _ One insurance covers the loss of one particular credit card. 2. _ The woman lost her credit cards because she left her handbag in a store. 3. _ She telephoned all the credit card companies about the stolen cards within 10 minutes 4. _ A chain of people involved in the robbery. F all the cards F Her bag was snapped. F We phoned all of the credit cards that I had on me, within 10 minutes T