Current location - Loan Platform Complete Network - Loan consultation - Credit card related English vocabulary
Credit card related English vocabulary
Credit card is a micro-credit payment tool provided by banks to users. It is a special card issued by banks or other financial institutions to people with good credit for shopping and spending at designated merchants or depositing and withdrawing cash at designated banking institutions. It is a special kind of credit certificate. I sorted out English words related to credit cards for everyone, hoping to help you!

English words related to credit cards:

bank of issue

annual fee

Credit limit/restricted credit limit

interest rate

monthly balance sheet

Balance transfer credit card balance compensation

Available credit limit/limit available credit limit

Annual interest rate = annual interest rate

Activate a card to open it.

Reward program product integral feedback

Integral reward points

cash in advance

credit card

Affinity card identification card

platinum card

student card

Preferred card/gold card

stored value card

Classic Capka

co-branded card

supplementary card

Debit card transfer card

ATM card financial card

debit card

Cash prepaid card

Company card

MID/ merchant id[ merchant number]

TID/ terminal id[ terminal number]

Location ID[ location number]

Basno. [Batch number]

Tracy. [inquiry number]

Reference number. [serial number]

Authorization code [authorization number]

Credit card vocabulary explanation:

Available credit refers to the credit line that can be used for shopping, cash advance and transfer.

Balance Transfer: This service allows you to withdraw the balance from one credit card at a lower cost to repay the debt of another credit card.

Cash advance: You can withdraw cash from the ATM by credit card.

Affinity card: a card jointly issued by a bank and a third party, and the third party can obtain value-added benefits from each transaction. For example, universities, professional organizations or alumni associations can get a certain percentage of benefits from membership card transactions.

Annual fee: Some credit cards have to pay an annual fee whether you use them or not, ranging from 25,50, 100 yuan. And then what? Gold card? And then what? Platinum card? The annual fee is as high as several hundred yuan.

Annual interest rate (APR): refers to the annual interest rate of the loan on the credit card. If you pay the balance you owe on time every month, you generally don't have to pay it back, that is, an interest-free loan; Otherwise, APR is applied to the outstanding balance of each month.

Credit card authorization: When you pay for a transaction, you must show your credit card or account number to the other party. Credit card authorization records your available credit limit to ensure timely credit support during the transaction.