Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Credit Card Terms

Total questions: 28

Worksheet time: 14mins

Name
Class
Date
1.

To be officially approved

a)

authorized

b)

Credit limit

c)

establish

d)

fraud

2.

Unique number given to a credit card customer

a)

authorized

b)

fraud

c)

account number

d)

credit history

3.

The amount owed

a)

Gross monthly income

b)

Late fee

c)

FICO

d)

balance

4.

An amount of money that is owed to another person, bank or business

a)

merchant

b)

transaction

c)

debt

d)

creditor

5.

A person or business to whom money is owed

a)

creditor

b)

Credit history

c)

Credit limit

d)

FICO

6.

A record of a person’s debt

a)

Magnetic stripe

b)

creditor

c)

merchant

d)

Credit history

7.

A device merchants use to process credit cards

a)

credit history

b)

magnetic strip

c)

fraud

d)

credit card machine

8.

Maximum amount a person may charge on a credit card

a)

credit limit

b)

credit history

c)

merchant

d)

FICA

9.

Information given by a person or a business about how someone uses their credit

a)

balance

b)

debt

c)

Credit reference

d)

fraud

10.

A number that shows how creditworthy a person is

a)

establish

b)

credit score

c)

Late fee

d)

microchip

11.

The date by which a payment is due

a)

credit history

b)

Due date

c)

fraud

d)

NFC

12.

To begin, create or set up

a)

account humber

b)

credit history

c)

establish

d)

credit reference

13.

Fair Isaac Corporation

a)

FICO

b)

NFC

c)

FRID

d)

FOCI

14.

The tricking of someone in order to cheat

a)

fraud

b)

security

c)

FICO

d)

NFC

15.

Total amount earned before any tax deductions

a)

Gross monthly income

b)

Credit limit

c)

Late fee

d)

Minimum payment

16.

Near field communication; wireless technology that lets two devices communicate and share data

a)

KFC

b)

NFC

c)

NFL

d)

AFC

17.

The amount of money added if a payment is not made on time

a)

gross monthly income

b)

interest

c)

late fee

d)

lender

18.

A person, bank, or business that loans money

a)

FICO

b)

lender

c)

microchip

d)

security

19.

A strip of magnetic information found on the back of a credit card.

a)

NFC

b)

transaction

c)

FRID

d)

Magnetic stripe

20.

A company that processes credit card transactions

a)

VISA

b)

FICA

c)

NFC

d)

FRID

21.

A small, thin piece of material with tiny electronic parts

a)

microchip

b)

magnetic strip

c)

primary

d)

account number

22.

Lowest amount of money customer is required to pay

a)

Gross monthly income

b)

merchant

c)

minimum payment

d)

interest

23.

A percentage of money that is owed on top of money borrowed

a)

interest

b)

fraud

c)

minimum payment

d)

debt

24.

The amount of money added if a payment is not made on time

a)

fraud

b)

microchip

c)

transaction

d)

late fee

25.

A three digit number on the back of a credit card

a)

NFC

b)

security code

c)

FICO

d)

account number

26.

Radio frequency identification; sends very short radio signals

a)

RFID

b)

FRIDGE

c)

NFC

d)

NFL

27.

The sales amount before taxes, shipping, or discounts are applied to an order

a)

minimum payment

b)

debt

c)

balance

d)

subtotal

28.

A business exchange between a cardholder and a merchant

a)

transaction

b)

VISA

c)

subtotal

d)

credit score