What is a Credit Card? A Simple Explanation for Kids and Beginners Video
Check out the new version of this video at:
https://www.youtube.com/watch?v=UjjeU-Ls8DA
This video answers a basic question "What is a Credit Card" in a simple way.
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The video addresses the topics below:
- What is a Credit Card
- How to choose a credit card
- Where does the money spent using a credit card come from
- What is the interest rate charged for a credit card
- What are the other fees charged for a credit card
- How long do you have to repay the money / make the payment
- What happens if you can not repay the bank / card company
- What are the benefits of a credit card
- What types of rewards do you get when you use a credit card
- Where can you get a credit card from, and how to get a credit card
Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!
⬇️ RELATED VIDEOS ⬇️
What is a Debit Card: https://www.youtube.com/watch?v=CaAuFwJJ8sA
7 Easy Ways To Get Out of Credit Card Debt Fast: https://youtu.be/shbsr5alQuY
What is Credit Score or FICO Score: https://www.youtube.com/watch?v=Hy7emWoXdmk
5 Easy Ways to Improve Your Credit Score: https://youtu.be/74j1224FGBU
What is a Virtual Credit Card: https://www.youtube.com/watch?v=TKqpiq0dqtA
What is an ATM: https://www.youtube.com/watch?v=1umtIHeT5T0
What is a Digital Wallet or E Wallet: https://www.youtube.com/watch?v=YxsaV10l7Ro
Credit Card vs Debit Card: https://www.youtube.com/watch?v=mllbYh0DFMc
⬇️ RELATED PLAYLISTS ⬇️
Debit Cards and Credit Cards for Kids: https://www.youtube.com/watch?v=CaAuFwJJ8sA&list=PLD1Hjcbe9g7pVyoT39kzdedyM3CX3WPcn
Introduction to Cashless Payment Types to Kids - Credit Cards, Debit Cards, Digital Wallets or eWallets: https://www.youtube.com/watch?v=CaAuFwJJ8sA&list=PLD1Hjcbe9g7psIjoIvtFbO1hNvRuu6vLw
All About Banking for Kids - Bank, Credit Union, Checking & Savings Accounts, ATM, Online Bank, ACH Bank Transfer, Etc: https://www.youtube.com/watch?v=UgSoiLTyHag&list=PLD1Hjcbe9g7rMIuicw1N5OpZb_3okaWnN
Key Personal Finance Terms for Kids: https://www.youtube.com/watch?v=mi0N0ZQtN4k&list=PLD1Hjcbe9g7qM1_HcgCIbA4b1V9VygbJN
All about Money for Kids: https://www.youtube.com/watch?v=WbRvCnsjLxU&list=PLD1Hjcbe9g7p1rYk37aaqpkZNHvq4MS5I
Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund: https://www.youtube.com/watch?v=3wMITaE5_Qk&list=PLD1Hjcbe9g7opE4MnIRUhDEJSHdaG1vTE
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A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking.
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The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.
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