Credit Card Glossary

Puzzled by credit card jargon? Browse the glossary for the definitions of common and confusing credit card terms.

Card member agreement

The rules that govern your use of the credit card. By federal law, it must include the annual percentage rate (APR), the formula used to calculate your minimum payment amount and annual fees. The card issuer can change the terms at any time, but must notify the cardholder in advance in writing.