Credit Card Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
CTC | F | Canadian Tire Corporatio | 0.00 | |
CTC.A | D | Canadian Tire Corporation Limited | 1.15 | |
L | A | Loblaw Companies Limited | -0.44 | |
LB | D | Laurentian Bank Of Canada | 0.00 | |
WN | A | George Weston Limited | 0.47 |
Related Industries: Banks - Regional - Canada Grocery Stores Specialty Retail
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
XST | B | iShares S&P/TSX Capped Consumer Staples Index ETF | 34.54 | |
XDV | C | iShares Canadian Select Dividend Index ETF | 8.57 | |
CDEF | C | Manulife Smart Defensive Equity ETF | 5.21 | |
TCLV | B | TD Q Canadian Low Volatility ETF | 5.02 | |
ZLB | A | BMO Low Volatility Canadian Equity ETF | 4.45 |
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- Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. In 2018, there were 1.122 billion credit cards in circulation in the U.S.
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