Credit Card terms starting with A

10 terms

1. Address on file Your address on file is the address that you provided on your application to open this credit card account, unless (1) we have received and processed your…
2. Affinity card A card that offers rewards that benefit groups and organizations.
3. Annual fee A yearly fee that may be charged for having a credit card. Some card issuers assess the fee in monthly installments.
4. Annual Percentage Rate (APR) The cost of credit on a yearly basis, expressed as a percentage.
5. Application Fee A fee charged when you apply for a credit card.
6. Assign We assign your credit card contract if we sell or pass to a third party any or all of our rights or obligations under the contract, including any amount…
7. Authorized charge An authorized charge is any charge that you or any authorized user makes on the account, and any fees and interest charges owing on the account.
8. Authorized user If you ask us to issue a credit card on this account to another person, he or she is an authorized user.
9. Average daily balance method with compounding According to this method, we calculate the interest charges for each balance by applying the “daily periodic rate” for that balance to the “average…
10. Average daily balance method without compounding According to this method, we calculate the interest charges for each balance by applying the “daily periodic rate” for that balance to the “average…