Woodstock has credit card plans and services available for sale. A credit card is a plastic card used for payment services. The idea is to allow the consumer to buy goods or services, based on an implicit assurance of paying (later). A revolving account is created by the card issuer, who then grants usable credit to the card holder. They are usually issued by banks or credit unions. The card holder need not pay off the entire debt accrued on the card immediately, he can do so in instalments. However, interest is charged on the remaining debt amount. Many different card plans and types are available in Woodstock, such as gold cards, platinum cards and classic cards. The services offered on each type may vary. General services include internet banking and card protection plan. Many credit cards also have a redemption service, that allows the card holder to redeem points earned by using the card against gifts and services. Credit cards enable consumers to buy items he/she may not be immediately able to pay for.