Glossary
Below is a list of credit card and credit industry terms which can assist with reading credit card statements as well as the fine print on credit related documents.
- Account Alerts
- Additional Cardholder
- Annual Fee
- Annual Percentage Rate
- Application Disclosures
- Authorized User
- Automatic Payment
- Available Credit
- Average Daily Balance
- Balance
- Balance Subject To Interest Charges
- Balance Transfer
- Billing Cycle
- Cardholder Agreement
- Cardmember Agreement
- Cash Advance
- Cash Advance Apr
- Cash Advance Limit
- Check Cash Advance
- Chip Card
- Contactless Card Payments
- Credit Bureau
- Credit Card
- Credit Card Application
- Credit Criteria
- Credit Freeze
- Credit Inquiry
- Credit Limit
- Credit Lock
- Credit Report
- Credit Score
- Credit Utilization Ratio
- Current Balance
- Cycle Date
- Daily Compounding Interest
- Default
- Delinquency
- Digital Wallet
- Dispute
- Due Date
- Dynamic Currency Conversion
- Equal Credit Opportunity Act
- Fair And Accurate Credit Transactions Act
- Fair Credit And Charge Card Disclosure Act
- Fair Credit Billing Act
- Fair Credit Reporting Act
- Fees
- Fixed Rate
- Foreign Transaction Fee
- Fraud
- Fraud Protection
- Grace Period
- Hard Inquiry
- Interest Charges
- Interest Rate
- Late Fee
- Minimum Payment Due
- Monthly Fee
- Nonsufficient Funds Fee
- Outstanding Balance
- Over Limit Fee
- Paid In Full
- Past Due
- Payment Allocation
- Payment Due Date
- Payoff Balance
- Periodic Rate
- Posted Transaction
- Posting Date
- Previous Balance
- Prime Rate
- Processing Transaction
- Purchase Transactions
- Remaining Statement Balance
- Residual Interest Charges
- Returned Payment
- Revolving Balance
- Schumer Box
- Soft Inquiry
- Statement
- Statement Balance
- Transaction Fee
- Transaction History
- Travel Notification
- Unsecured Debt
- Unusual Activity
- Variable Rate
- Zero Balance
- Zero Liability Protection