|
News & Tips
A revolving account is the credit facility extended to the cardholder. For instance, some airline reward cards which offer frequent flyer miles will not allow cardholders to redeem miles at certain airlines.
But such behavior causes lenders to become hesitant making loans, especially for big ticket items such as cars and homes. However, Discover Card, in particular, does not have the level of international acceptance as Visa or MasterCard.
|