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.

This is a billing process in which the card issuers can charge the consumers for the two full billing cycles which even eliminates the grace period even though the customer may have paid the balance the earlier month. This method was extremely criticized and is now banned by the Federal Regulators.