Bank credit cards represent the most common kind of open account credit.

Name: Bank credit cards represent the most common kind of open account credit.
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Bank credit cards are indeed the most common kind of open account credit, as they allow consumers to borrow money up to a certain limit and pay it back over time with interest. Other types of open account credit include store credit cards, gas credit cards, and revolving lines of credit.

Bank Credit Cards Represent the Most Common Kind of Open