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Why are credit cards and debit cards not considered to be money?

Why are credit cards and debit cards not considered to be money?

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Why are credit cards and debit cards not considered to be money?

Why are credit cards and debit cards not considered to be money?

Answer

They are not considered to be money because the amount of money is inside the account of a credit card.
If it was cash then it would definitely be considered as money.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 24 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 116 views.

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