### Question
How does DEPARTMENT OF COMMERCE define credit card?


### Answer
Under *15 U.S.C. § 1602*, **credit card** is defined as:

> 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 40-DEPARTMENT OF COMMERCE > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part A-General Provisions**

