| A | B |
|---|
| This is a fee that some, but not all, credit card issuers charge to use their credit card | annual fee |
| Also known as interest rate, it is the percentage used to compute the finance charges on an outstanding balance | APR |
| The amount of unused credit available on your credit card account | available credit |
| This document details the terms and conditions of your credit card account. | cardholder agreement |
| The maximum amount you are allowed to carry as a balance on the card | credit line or credit limit |
| Based on the interest rate, this is the amount of interest you pay on the outstanding balance | finance charge |
| Amount charged if your payment is received after the billing due date | late payment fee |
| The amount due based on the percentage of the outstanding balance or a minimum fixed amount | minimum monthly payment |
| When you write a check or make a withdrawal from your checking account that leaves you with a balance below zero. | overdraft |
| The APR offered by a card card company as a promotional offer. The rate is then adjusted to the standard APR | introductory rates |
| The period of time between the billing statement date and the date full payment is due | grace period |
| The maximum amount you can charge on a credit card is called | your credit limit |
| Who is responsible for reporting identity fraud? | The person who was defrauded |
| Who is responsible for keeping track of your debit card purchases? | You! |
| The maximum amount you can charge on a credit card is called | your credit limit |
