oboloo Glossary

Auth Granted Credit Card

oboloo Glossary

Auth Granted Credit Card

An Auth Granted Credit Card is a type of financial product that allows customers to borrow money from the issuing bank or credit union. This type of card enables customers to access funds for short-term purchases, make payments for goods and services, and even withdraw money from ATMs. Unlike other forms of financial products, an Auth Granted Credit Card does not require the cardholder to maintain a minimum balance or pay interest rates. Instead, the customer pays a flat fee when they use the card. Customers can also take advantage of special discounts and rewards programs offered by their issuer. An Auth Granted Credit Card provides consumers with the convenience and flexibility of making purchases without having to carry cash.