What Is a Ghost Credit Card?

Answer

A ghost credit card is a virtual credit card. It is considered virtual in the sense that large corporations opt to give an entire department or all its employees a credit card number, which they can use for purchases to a specified limit, instead of issuing every employee with a personal credit card. The company then makes a collective payment for all purchases.
Q&A Related to "What Is a Ghost Credit Card"
A credit card is a way to access a revolving loan balance. You use the card, or the account number and expiration date printed on its front, to tap into a predetermined credit line.
http://www.ehow.com/info_8271862_open-credit-card....
Credit card statements provide you with an extra record of transactions you made using your cards. Some credit card companies also provide you with statements that track your spending
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A credit card company will consider you a risk if you have a low FICO-or credit-score. Credit scores are used to determine the likelihood that you will not repay a loan. Scores range
http://www.ehow.com/facts_5746613_constitutes-cred...
Convenience Convenience is the main benefit of a credit card. That's because purchases can be made and then paid back over time. Impulsivity Credit cards can encourage impulse shopping
http://www.ehow.com/how_4927937_what-pros-cons-cre...
1 Additional Answer
Ask.com Answer for: what is a ghost credit card
What Is a Ghost Credit Card?
A ghost credit card is a virtual credit card. Corporations, government agencies and other large employers use ghost credit cards as an alternative to issuing a credit card to each employee. Each employee uses the ghost number, and then the organization... More »
Difficulty: Easy
Source: www.ehow.com
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