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.

A reloadable gift card issued by banks. Open loop cards, generally carry logos of major credit card issuers like MasterCard, Visa, and Discover etc on them and can be used at all places where these cards are usually accepted, for a fees. Retailers issue the closed –loop cards and the usage of these cards are confined to those stores alone.