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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Credit (financial definition) - when used in terms such as credit card, refers to the granting of a loan and the creation of debt.
  • Supermarket gas stations - discount gas stations found at some supermarkets (Albertsons, Kroger, and Vons), convenience stores (7-Eleven), mass merchandise stores (Wal-Mart) and membership warehouse stores (Costco, Sam's Club, and BJ's). Some such stations require a special membership card to receive the discounted gasoline price.
  • Contactless smart card - a smart card in which the chip communicates with the card reader through RFID induction technology and physical contact between card and reader is not required.
  • Visa card - one of the world's most popular credit cards.
  • Secured credit card - a type of credit card in which you must first put down a deposit between 100% and 200% of the total amount of credit you desire. This minimizes credit card company risk for bad credit customers.

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