In message , at
01:53:37 on Sun, 3 Nov 2013, Clive George
remarked:
In my case it's like a classic Amex, paid off each month, although it's
from Mastercard.

Sound like a credit card to me.

No, a credit card does not require you to pay off the whole balance
every month. They aren't advancing me credit, more a case of delaying
when I have to pay, by up to a month. Traditionally they delay when the
trader gets the money as well - hence the reluctance of many of them to
accept Amex.

Amex charge more AFAIK.

It's widely understood that they charge more commission, but for many
traders the cash-flow is probably more important.

I use a credit card in the same way you use a charge card - DD set up
to pay the lot off monthly. What extra does the charge card give you?

It's part of a bundle of services other than lending me money. Although
they rot away over time (like the £250 cheque guarantee card part of the
bundle) so I'm wondering if I really need it any more.
--
Roland Perry