8 BIG Differences Between US And UK Credit Cards
from Sasha Yanshin Hosted by Sasha Yanshin
Most people think that credit cards are the same in different countries but the truth is - every country has quite a number of local specifics due to different laws, different business practices, different mentality and customer expectations.The United States and UK are two of the biggest credit card markets in the world with credit card use being very popular throughout both countries.It might be natural to assume that credit cards in both countries work the same way but there are some major differences that I wanted to talk about.I didn't mention some of the differences such as the fact that the UK interest rates are compounded and US ones are simple (which means US credit cards are actually more expensive when the shown APR is the same).I also didn't go into the details of how things like application processes are different because that would definitely send a lot of people to sleep.But there's some really interesting differences between the way US and UK credit cards work - hope you find it interesting!CAMERA GEAR I USE (in newer videos)○ My camera - https://bit.ly/sasha-camera○ Main lens - https://bit.ly/sasha-lens○ Microphone - https://bit.ly/sasha-mic○ Tripod - https://bit.ly/sasha-tripod○ Memory card - https://bit.ly/sasha-card○ Ring light - https://bit.ly/sasha-lightFull list of gear here: https://kit.co/sashayanshin/sasha-video-gearDISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
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