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Balance

The total amount of money you charged from one bill to the next is called your _____________.

Minimum Payment

Annual Fee

Late Payment Fee

Credit Limit

Interest Rate

Credit is not free! You are being lent money by a bank. You are charged for this service. This charge is called the __________ or Annual Percentage Rate (APR).

The most amount you can charge on your credit card is referred to as _______________________.

Shown on your credit card statement, the lowest amount you can pay every month towards your bill is called the___________.

The charge for a payment that is received after the due date on the bill is called a ________________.

The amount you pay each year to have a credit card is called an ___________________. Some cards do not charge to have a card.