The world of Credit Cards is full of a number of Specific Terms which you need to know in order to understand the Transactions, Rules better. But you will not find a uniformed dictionary where you can turn to seek help from. To solve this problem, TopCreditCards.com, presents here the complete Credit Card Glossary covering Terms from A - Z commonly used in the credit card world.

Simply Click on the Alphabet or Click on the Definition to find out the Meaning of the Term with Detailed Explanation below.

An Automated Teller Machine(ATM) commonly referred as the ATM, is a computerized machine that performs the function of a bank carrying out transactions, withdrawals, deposits and other customer requirements. An ATM is located in a place which is easily accessible and has a screen that operates through touch and a keypad that can be easily operated. Without making an effort of going to a bank, all that the customers have to do is insert the credit or debit card and get their financial needs met. The Personal Identification Number also known as PIN number, is very specific, that also functions as a security measure. The advantage of an ATM is that it is a space- saver, economizes on effort and time, and if the cards are from renowned organizations they can be used anywhere across the globe.