Acquiring banks connect the dots of a credit card purchase between the cardholder, the card issuer, the payment network and the merchant. The acquiring bank handles the merchant’s transactions.It could be a grocery store, a gas station, an online store or millions of other businesses. The merchant is the business where you’re making a purchase.That’s why you might see two logos on your card: one for your card issuer and the other for the payment network. The payment network-think of Visa® or Mastercard®-connects your card with millions of businesses that accept credit card payments.Your credit card issuer provides you with a credit card, making you a cardholder.To understand how credit cards work, it may help to understand who’s involved in the transactions you make. Key players involved with credit card transactions With a debit card, you’re pulling funds directly from your linked bank account. With a credit card, you’re borrowing money from a card issuer. So how does this differ from a debit card? The biggest difference is where the money comes from when you make a purchase. The limit is set by the credit card issuer and is the maximum amount you can charge to your account. That means you can repeatedly spend and pay back the money you’re borrowing up to a certain credit limit. As long as the account stays open and in good standing, you can keep using it. Revolving credit accounts don’t have a set end date. Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier.A credit card is a type of revolving credit account.Just hover your card over a contactless reader, wait for the confirmation, and you're all set Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier.Help strengthen your credit for the future with responsible card use.Be automatically considered for a higher credit line in as little as 6 months.No rotating categories or limits to how much you can earn, and cash back doesn't expire for the life of the account.Earn unlimited 1.5% cash back on every purchase, every day.Enjoy up to 6 months of complimentary Uber One membership statement credits through.Monitor your credit score with CreditWise from Capital One.Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options.Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed.You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time.Building your credit? Using a card like this responsibly could help.Put down a refundable $200 security deposit to get a $200 initial credit line.No annual or hidden fees, and you can earn unlimited 1.5% cash back on every purchase, every day.Whether you're at a 4-year university, community college or other higher education institution, this card might be an option for you.Build your credit with responsible card use. Earn 8% cash back on entertainment purchases when you book through the Capital One Entertainment portal.Earn up to $500 a year by referring friends and family when they're approved for a Capital One credit card.Lock your card in the Capital One Mobile app if it's misplaced, lost or stolen.Enjoy no annual fee, foreign transaction fees, or hidden fees.Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges.Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through.Early Spend Bonus: Earn $50 when you spend $100 in the first three months.Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), with 1% on all other purchases.
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