Grace period
Balance transfer
Variable interest rate
Cash advance
Penalty
Finance charge
Billing cycle
Fixed interest rate
Minimum payment
The period of time between credit card billings
The amount you are required to pay each month on a credit card
An interest rate that goes up and down with inflation and other economic conditions
Money borrowed against your credit card
The total dollar amount of all interest and fees you pay for the use of credit.
An interest rate that is set and does not change from month to month
Moving a balance from one card to another.
The amount of time you have to pay your current credit card balance in full to avoid paying interest.
A fee charged for violating a term of the credit agreement
