### Question
How is the term credit card defined?


### Answer
The term **credit card** is defined in *15 U.S.C. § 1602* as the following:

> any card, plate, coupon book or other credit device existing for the purpose of obtaining money, property, labor, or services on credit

#### Citation:
  - *15 U.S.C. § 1602*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part A-General Provisions**

