Nope they are different. A charge card is a credit card that you have to pay off at the end of every month.
Charge cards are not a conventional credit card, but it’s definitely a cousin to the royal family. When you use a charge card, everything you buy must be paid in full when the bill is due. That means no APR! Sounds great, doesn’t it? Well, if you don’t pay, you will be punched in the face by Mike Tyson sized fees and your card will be frozen like the iceberg that sunk the Titanic, until you pay the bill that is. This is the biggest difference when comparing a charge card to a credit card. A credit card allows for you to continuously draw from a line of credit even if you are carrying a balance from a previous month. A charge card forces you to pay off that balance every month.
