Credit Card Glossary: Terms and Definitions

Super-prime credit

People with super-prime credit have credit records that are so pristine that they are offered the best available terms by those extending credit. The term “super-prime” credit came into use during the recession, when creditors wanted to restrict lending to such a tiny slice of elite customers that the old term — prime — wasn’t good enough. No exact score divides the super-prime tier of credit from its lesser credit cousins prime and subprime; it depends on the product and each creditor sets its own rules.