Credit Card Glossary: Terms and Definitions
Fee harvesting cards
Cards for people with bad credit often carry high fees — such as annual fees, monthly fees, setup fees, activation fees — that make credit extraordinarily expensive. Cards for with numerous fees for people with subprime credit are known as fee harvesting cards. The Credit CARD Act of 2009 limits upfront fees to 25 percent of the available balance for the first year.
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.