Parts of a Credit Card

Information about your job/annual income - where/how long you've worked, how much you make

Fee you pay if you move the balance of your card to another card

The area you are supposed to sign so no one else can use your credit card

The bank that sponsors the card

Annual Percentage Rate (APR)

Customer service number for the card/issuing bank

0% is great but not if followed by a 29% APR - find out how long intro period lasts!

Money you get back for making purchases at a gas station

Strip of information a card machine reads to identify one card from another

Microchip that creates a one-time unique code when used at a chip-enabled register

Usually tracked as points that you can cash in for airline tickets in the future

The credit card company that manages the card (Visa, MasterCard, Discover, American Express)

Fee you have to pay when you withdraw money from the card at an ATM - usually 2% charge

Application Fee

Fee charged when you don't make your payment on time

Anti-fraud code that further protects your card

16-19 Digit number that acts as the ID for the credit card - every credit card is unique

Date the card was created (not on all cards)

Money you get back after buying certain things on your card-usually 1-5% of the purchase price

3D image that verifies a real card from a counterfeit

The full name of the person (or business) that owns the card

Fee that is charged to your credit card annually

Charge for each time you go over your maximum credit card limit

The date the card will no longer be valid - card will be useless after this date

Long list of terms you will agree to if you decide to complete the application