Credit Cards Glossary: Affinity card, American Express, Annual Fee


Posted in Credit Cards News by Admin - Jun 1, 2009

Content: Decription of Affinity card, About American Express, international credit card issuing, description of Annual Fee

Affinity card is A credit card offered in conjunction with two organizations, one a card issuer and the other a nonfinancial group with which consumers have an affinity. Universities, sports franchises and nonprofit organizations are examples of affinity groups that often offer special discounts or deals for using their credit cards issued in partnership with a major bank.

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Jun
1

Credit Cards Glossary: Adjusted balance and Additional cardholder


Posted in Credit Cards News by Admin - Jun 1, 2009

Content: Adjusted balance Decription, credit card account , Additional cardholder Description, credit card statement

Adjusted balance : The method by which many issuers subtract payments during the month made on a credit card account along with adding finance charges incurred.

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Jun
1
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