Credit Card Glossary: Terms and Definitions
A basis point is one-hundredth of 1 percentage point. If your credit card rate goes from 16.49 to 16.99 percent, it has risen 50 basis points.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.