Credit cards can be complicated, as they seem to have a language of their own. Unfortunately, if you don’t understand this language, you won’t be able to make the best financial decisions for your life. That’s exactly why we’ve compiled a list of credit card terms that every new or current credit card user should understand.

Below, you’ll see a full list of terms alphabetized. You can use the hyperlinked (blue) letters below to jump to the section containing the term you’re looking for. Once you find a specific term, click on it to be directed to a blog post or page that details everything you need to know about that term.


# | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | YZ

#

$0 Liability

0% Intro APR

A

APR

Annual Fee

Authorized User

B

Balance Transfer

Balance Transfer APR

Balance Transfer Fee

Balance Transfer Credit Cards

Billing Cycles

Blackout Dates

Business Credit Cards

Business Credit Scores

C

CARD Act

Cash Advance

Cash Advance APR

Cash Back Credit Cards

Chargebacks

Collections

Convenience Fees

Credit Bureaus

Credit Card Issuer

Credit Health

Credit History

Credit Inquiry

Credit Limit

Credit Reports

Credit Ratings

Credit Scores

Credit Utilization Ratio

D

Debt-to-Income Ratio

F

Fair Credit Billing Act (FCBA)

Fair Credit Reporting Act (FCRA)

Foreign Transaction Fees

G

Grace Period

I

Installment Credit

Intro APR

Intro Bonus

L

Low APR Credit Cards

Loyalty Program

M

Minimum Payment

P

Penalty APR

Purchase APR

R

Revolving Credit

Rewards

S

Secured Credit

Secured Credit Cards

Servicemembers Civil Relief Act

Sign-up Bonus

Student Credit Cards

T

Travel Rewards Credit Cards

U

Unsecured Credit

Z

Zero Liability


Want to learn more about credit cards? Follow our credit card blog to get tips for managing multiple cards, picking the perfect card to help you reach your financial goals and so much more.