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Credit cards glossary

  • 0% credit cards

    0% credit cards offer to take on new spending, or an existing credit card balance, and not charge interest on this money for a set period.More...

  • Bad credit credit cards

    Bad credit credit cards exist for those with poor credit records.More...

  • Balance Transfer

    Many credit cards allow new customers to transfer an existing outstanding balance from an old card to a new one.More...

  • Balance transfer credit cards

    Balance transfer credit cards allow new customers to transfer an existing outstanding balance from an old credit card to a new one.More...

  • Card Not Present fraud

    Card not present fraud is when a criminal uses someone else's credit or debit card to obtain goods or services.More...

  • Cashback credit cards

    A cashback credit card returns a percentage of what the cardholder spends on the card to the cardholder.More...

  • Charity credit cards

    Charity credit cards return a percentage of what the cardholder spends on the card to a specific charity.More...

  • Cheap credit cards

    Cheap credit cards provide the ability to borrow money at a lower interest rate than many other cards.More...

  • Chip and pin

    Chip and pin technology means consumers have to type in a four-digit pin (personal identification number) rather than sign their name when paying for goods with a credit or debit cards.More...

  • Football credit cards

    Football credit cards are a method of borrowing money linked to your favourite football club.More...

  • Identity fraud

    Identity fraud is when a criminal dishonestly impersonates another individual to their financial benefit.More...

  • Interest free credit card deals

    Interest free credit card deals offer consumers the chance to borrow money on a credit card without being charged interest for a set period of time.More...

  • Late Payment Charge

    A late payment charge is a fee charged to customers of financial products (such as credit cards, store cards, phone bills, loans, etc) when payments are not made by the due date.More...

  • Minimum payment

    The minimum payment on a credit card is the smallest amount on a credit card bill that can be paid back each month without incurring penalty charges.More...

  • Phishing

    Phishing is a method of online fraud.More...

  • PIN

    A PIN is a personal identification number used for security purposes.More...

  • Skimming

    Skimming is a method of credit card fraud, whereby a fraudster ‘skims’ or reads and copies the information on the magnetic strip of a credit card.More...

  • Store Card

    A store card is a credit card that is linked to a specific shop or shops that are members of a single group.More...

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