| No. | Item | Definition |
|---|---|---|
| 1. | accrue | build up over time |
| 2. | activation | starting the card for use |
| 3. | annual fee | yearly charge for holding card |
| 4. | approval | acceptance of a transaction |
| 5. | APR | yearly interest rate on borrowing |
| 6. | authorization | approval request for a transaction |
| 7. | autopay | automatic bill payment setup |
| 8. | available credit | unused amount left to spend |
| 9. | balance | amount currently owed or held |
| 10. | bankruptcy | legal process for overwhelming debt |
| 11. | benefit | extra feature or advantage |
| 12. | billing address | address linked to the account |
| 13. | billing cycle | period covered by one statement |
| 14. | bonus | extra reward for meeting conditions |
| 15. | breach | security incident exposing data |
| 16. | cardholder | person authorized to use card |
| 17. | cash advance | cash borrowed on the card |
| 18. | chargeback | reversal after a disputed charge |
| 19. | chip | embedded card security technology |
| 20. | contactless | payment without swiping or inserting |
| 21. | credit | borrowed purchasing power to repay later |
| 22. | current balance | amount owed right now |
| 23. | CVV | security code on the card |
| 24. | decline | refusal of a transaction |
| 25. | default | failure to meet payment terms |
| 26. | defer | postpone payment until later |
| 27. | delinquent | late beyond the allowed period |
| 28. | denial | rejection of an application |
| 29. | disclosure | required explanation of key terms |
| 30. | dispute | formal challenge to a charge |
| 31. | due date | day payment must arrive |
| 32. | EMV | global chip card security standard |
| 33. | encryption | scrambling data for security |
| 34. | exchange rate | value of one currency in another |
| 35. | expiration | date after which card stops working |
| 36. | fee | charge for a service or penalty |
| 37. | finance charge | total borrowing cost on statement |
| 38. | fine print | small detailed contract language |
| 39. | fixed APR | rate that usually stays the same |
| 40. | foreign transaction fee | charge on international purchases |
| 41. | fraud | unauthorized deceptive card use |
| 42. | freeze | temporary block on card use |
| 43. | grace period | time before interest starts accruing |
| 44. | hard inquiry | credit check affecting your score |
| 45. | hold | temporary amount reserved by merchant |
| 46. | installment | fixed partial payment over time |
| 47. | insurance | financial protection against certain losses |
| 48. | interchange | fee between banks for card use |
| 49. | interest | cost charged on borrowed money |
| 50. | intro APR | temporary starting interest rate |
| 51. | issuer | company or bank providing the card |
| 52. | late fee | charge for missing the due date |
| 53. | liability | legal responsibility for charges |
| 54. | limit | maximum amount you can borrow |
| 55. | login | signing into an account |
| 56. | mailing address | where statements or cards are sent |
| 57. | Mastercard | major card payment network |
| 58. | merchant | business accepting card payments |
| 59. | miles | travel rewards based on spending |
| 60. | minimum payment | smallest amount required this month |
| 61. | network | payment system connecting card parties |
| 62. | NFC | short-range contactless communication |
| 63. | number | long identifier on the card |
| 64. | offer | promotional deal from issuer |
| 65. | one-time passcode | temporary code for secure login |
| 66. | payment | money paid toward the bill |
| 67. | penalty APR | higher rate after certain violations |
| 68. | pending | authorized but not fully posted |
| 69. | phishing | tricking users into revealing information |
| 70. | PIN | secret number for verification |
| 71. | posted | officially added to the account |
| 72. | principal | original amount borrowed or owed |
| 73. | purchase | transaction to buy something |
| 74. | receipt | proof of a purchase |
| 75. | redemption | using rewards for value |
| 76. | refund | money returned after a purchase |
| 77. | renewal | issuing a new card again |
| 78. | replacement | new card issued instead of old |
| 79. | reverse | cancel a charge or decision |
| 80. | reward | benefit earned from card use |
| 81. | secured card | card backed by a deposit |
| 82. | skimming | stealing card data at payment devices |
| 83. | soft inquiry | credit check not affecting score |
| 84. | statement | monthly summary of account activity |
| 85. | surcharge | extra fee added to a purchase |
| 86. | terms | rules and conditions of account |
| 87. | tokenization | replacing card data with tokens |
| 88. | transaction | single card use or charge |
| 89. | transfer | moving debt or funds elsewhere |
| 90. | travel notice | issuer alert before traveling abroad |
| 91. | unsecured card | card without required deposit |
| 92. | username | name used to sign in |
| 93. | utilization | share of credit currently used |
| 94. | variable APR | rate that can change |
| 95. | verification | confirming identity or information |
| 96. | Visa | major card payment network |
| 97. | void | cancel before final processing |
| 98. | waive | officially not charge a fee |
| 99. | wallet | digital app storing payment cards |
| 100. | warranty | repair or replacement promise |
