Credit cards commonly known as “PLASTIC MONEY”. These are the cards issued by the banks to ease the burden of carrying cash. Credit card is a plastic card that is issued to loyal customers which enables them to purchase goods or services from certain retailers and establish service to a certain limit without making payments. Credit card provides instaneous credit facilities. Credit cards are widely becoming popular and are used in places such as hotels, petrol pumps, banks, hospitals, shopping mall and other commercial establishments. It is only top income group and middle class people who are using the card facility that is provided by the Issued banks. The card has its credit limit at the end of the credit period. The card holder pays the credit amount used by him or pay minimum amount and carry the balance, for this balance carried the card holder has to pay certain amount of interest. This card has an interest free window for about 45 days. The card contains a unique 16 digit code and a magnetic strip. In this straneous and competitive world card credits are most probably used by the business class. With an aggressive promotion activity of banks, the card business has reached new heights. As said earlier there is a vast potentiality in India for credit card business.