Credit Card Glossary: Terms and Definitions
Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
- Linked transfer account
- A linked transfer account is one in which a consumer's checking account is linked to another account at the same bank. The linked account can be a savings or a credit card account. If a checking overdraft occurs, the bank will transfer money from the customer’s other accounts linked to the checking account.