A monthly record of your account transactions provided by your credit card company electronically or on paper

A standard table that legally must appear in a credit card agreement showing basic information about the card's rates and fees

-A type of credit card that requires the borrower to pay the company a fixed, up-front amount of money as collateral, which becomes the credit limit of the card, thereby making it low-risk to the credit card company

Open line of credit that can be used for any purchases as long as you are under the limit and that's payments vary monthly based on size of the debt

A higher interest rate triggered by being late with or missing a credit card payment

The number of days between a borrower's statement date and when payment is due, often without accruing interest

These offers come in very plain envelopes that, rather than being branded with a bank’s logo or name, bear generic return addresses to “Credit Card Administration” or “Processing Center.”

The act of transferring debt from one credit card account to another, usually for a fee

A contract that outlines the terms and conditions for using your credit card

The maximum amount that may be borrowed on a credit card

The rate charged for borrowing money usually expressed as a percent of the amount borrowed

The typically low rate charged during the introductory period after a credit account is opened, after which the regular, typically higher, APR will apply

A fee charged if your payment is received after the due date

A person who has permission to use and/or carry another person's credit card, but isn't legally responsible for paying the bill

A credit card service that allows cardholders to withdraw a certain amount of cash, either through an ATM or directly from a bank, typically at a high interest rate or for a fee

-A credit card benefit that pays the cardholder a small percentage of their net expenditures, often in cash, payment toward their balance, reward points, travel miles, or gift cards

The smallest amount of a credit card bill that a credit card holder must pay during a billing cycle to remain in good standing with the lender

Someone who legally agrees to take responsibility for a person's debt if they cannot repay it