Credit Card Definitions
Learn the definitions for key credit card terms so you understand how your credit card works and can▨ use it in an effective, responsible way.
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Elite Status: Wh🌟at It Means, How It Works, Advantageꩲs
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Wh♛at Is a Cap? Definition on Credit Products and How It Works
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Business Credit Card: What it is, How it༺ Works🍒, Pros and Cons
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Credit Card: What It Is, ♚How It Works, and How to Get One
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Authorized Tran🐈saction: How It 🍌Works With Credit and Debit Cards
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Deadbeat: What i🐓t is, How it Works, Special Considerations
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Average Daily Balance Method: Definition and Calculation Exღamp👍le
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What Is the Fair and Accurate Credi♏t Transactions Act (FACTA)?
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Avꦗerage Outstanding Balance on Credit Cards: How It Works and Calculation
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Charge Ca🐓rd: Definition, How It Works, Pros, and Cons
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Credit Card Debt: What It Is, How It Works
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Chip Card: Definition, Ho𝔍w It Works, Types, and Benefits
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Cr💖edit Card Accountabi♌lity, Responsibility, and Disclosure Act
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Credi🌳t Card Posting: Definition, Timing, vs. Transaction Date
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EMV: What It Means, How It Works, and Limitations
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Chip-and-PIN Ca♍rd: Definition, Features, vs. Chip-and-Signature
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Credit Card Encryption๊: What It Is and How It Works
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Authori♛zation Only: Meaning, Transaction Types, Pros and Cons
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🌺Closed Loop Card: Definition, How It Works, vs. Co-Branded Card
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Batc🦂h Credit Card Processing: What It Is and How It Works
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Credit C🌠ard Authentication: What It Isꦇ and How It Works
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Additional Cardholder: How to Add, P🥃ros and Cꦇons, Alternatives
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Terms and Condꦰitions: Overview and 𝐆Examples in Credit Cards
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Credit Card Block: ♛What It Is, How It Works, Danger to Cardholders
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Balance Protection: Wha♓t it Means, How it ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚWorks, Example
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Convenience Check: What it Means, How it Works
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Expired Card: What It is, Benefitsꩲ of Replacing it
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Credit Repair Organizat🐲ions Act (CROA): Meaning, How It Works
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Balance Chasing: What It Is, How It Works
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Authorized Amount: What𓄧 it is, How it Works, Example
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Deceased Alert: What it Means, How it Works, Examಞple
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Credit🐓 Card Authorizat𓆏ion Key: What It Is, How It Works, Example
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Chargeback Period: What it Means, How it Works
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Dormancy Fee: What It Means, How It Works
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Credit Card ཧArbitrage: Wh🦋at it is, How it Works, Disadvantages
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Bank Card Association: What It is, How It Works
CredIt 🌄Card Funding: What It Me🍌ans, How It Works, FAQs
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Card Rec☂overy Bulleti🍒n: What It is, How it Works, Evolution
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Debt-to-Limit Ratio: Meaning, Impact, Example
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Double🍸-C✨ycle Billing: What It Is, How It Works, Example
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Rewards Credit Card:꧑ What It Is, How It W𒁃orks, Choosing One
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How Mastercard Makes Money
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Affinity Card: Meaning, Benefits, Example
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American Express Card (A☂mEx Card): Definition, Types, and Fees
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What Is a Ba🐷lance Transfer Fee—and Can Yo💃u Avoid It?
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What Is a Bank Identification Number (BIN), and How Doeܫs It Work?
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Billing Statement: Definition, ๊Key De🗹tails, How to Read
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What Is Cash Back? Hint: It's Not Free Money
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Discover Card: History, Features, and Perks
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Embossed Card Definition, How It Works, History
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Fleet Cards: What They are, How They🎃 Work, Examples
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Gift Card: Definition, Types, and Scams To Avoid
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Grace Period (Credit): What It Is, How It Works
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Issuer Identification Number (IIN): Defin🍌ition and Examples
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Knuckle-Buster
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Luhn Alꦫgorithm: Uses in Identity Verification for Credit Cards
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Magnetic Stripe Card: D🌳efinition, How It Works, vs. Chip Card
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Mastercard: Definitio𒁏n and Ranking in Global Payments Industry
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Merchant Category Codes (MCC): Definition, Purp♐oses,ꦯ and Examples
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Merchant Discount Rate (MDR): Definition, Pꦡurpose, Averඣage Fees
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Minimum Finance Chꦛarge: What It Is, How It Works, Example
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Minimum Monthly Payﷺment: Meaning with Credit Cards
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Minimum Spend: What It Is, How It Works, Example
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National Issuers
New Balance: What It is, How It Works, Example