A revolving account consists of revolving debt and revolving credit. It allows you to borrow funds over and over again up to an approved amount (revolving credit), while allowing you to roll over debt from month to month (revolving debt).
Your lender sets the maximum amount you can borrow, known as your credit limit. You can decide how much money you will borrow (aka charge) and how much you will pay back each month. Your lender won’t care how much you borrow as long as you stay below your credit limit and make your minimum payment requirements every month.