Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Discover Cash Back Bonus - a percentage of the amount spent would be refunded to the account (as high as 1 percent), depending on how much the card was used.
  • ISO 7810 - an international standard that defines three formats for identity or identification cards, ID-1, ID-2, and ID-3.
  • Compounding - to compute interest on the principal and accrued interest together, rather than on the principal alone.
  • Charge cards - often used to incorrectly describe credit cards, are cards that do not extend the user credit but instead require that the charges be paid in full each month in full.
  • ISO 7810 - an international standard that defines three formats for identity or identification cards, ID-1, ID-2, and ID-3.

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