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Bank Credit Cards and Non-Bank Credit Cards
Czechia

Bank Credit Cards and Non-Bank Credit Cards

What are the differences and what major pitfall to avoid

Anna Rubešová's avatar
Anna Rubešová
Dec 12, 2022
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24Hour Journal
24Hour Journal
Bank Credit Cards and Non-Bank Credit Cards
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Roughly 90% of Czechs own one or more payment cards, classified as debit cards or credit cards. The latest published statistics of the Czech National Bank speak of 1,500,000 credit cards held by Czechs in 2020. However, the use of credit cards in the Czech Republic is decreasing yearly. But why? One reason for their year-over-year decline is the mistake…

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