5 different kinds of plastic money

Credit card

  • Cashless payment with a set spending limit
  • Payment takes place after the purchase
  • Great flexibility thanks to installment facility
  • Most well-known credit cards: American Express, MasterCard, Visa

Charge cards

  • Cashless payment without a set spending limit
  • Payment takes place after the purchase
  • No credit or installment facility
  • Most well-known charge cards: American Express, Diners Club 

Debit card

  • Card is directly linked to the cardholder’s bank account
  • Transaction is debited immediately from bank account
  • No credit or installment facility
  • Most well-known debit cards: Maestro, Postcard 

Customer card/store card (PLCC)

  • Card with payment and credit function
  • Can only be used at specific retailers
  • Well-known customer cards: myOne, Globus, Media Markt

Prepaid card/gift card

  • Card is topped up with credit before use
  • No credit or installment facility
  • Open system (American Express, Visa, MasterCard) or closed system (can only be used at specific retailers)