If the customer rolls over credit (pays only MAD), the interest-free period is withdrawn, and new purchases attract interest from Day 1. Full payment of the previous bill restores the grace period.

A Charge Card (e.g., Amex) has no pre-set spending limit but does not offer the option to roll over the balance. The full bill must be paid by the due date, unlike credit cards which allow minimum payment.

RBI allows customers to modify their billing cycle to align the due date with their salary date or cash flow convenience.

Paying only the minimum due revokes the interest-free period. Interest is calculated on the *entire* bill amount from the date of purchase, not just the unpaid portion, until the outstanding is cleared.

Once the loss is reported to the bank, the cardholder has zero liability for any transactions that occur *after* the reporting time. Most cards also offer "Zero Lost Card Liability" for a period prior to reporting as well.

Banks offer EMI conversion at a reduced interest rate (e.g., 15-24% p.a.) compared to the standard revolving credit rate (36-42% p.a.) to encourage affordability.

Cash withdrawal is a high-risk feature. Banks restrict the cash limit to a fraction of the total limit to minimize risk and discourage cash advances.

If a customer claims a transaction was fraudulent or goods were not delivered, they can raise a dispute. If valid, the bank forces a reversal of funds from the merchant, known as a Chargeback.

Revolving credit allows the borrower to pay only a minimum amount and roll over the rest of the debt to the next billing cycle, incurring finance charges.

Unlike retail purchases (POS/Online) which may have an interest-free period, Cash Advances on credit cards attract interest charges immediately from the date of transaction until the date of payment, along with a one-time cash advance fee.

Paying only MAD keeps the card active but the unpaid balance attracts heavy interest (30-40% p.a.), leading to a debt trap. It acts as a negative factor in credit scoring long-term.