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.
- Loyalty programs
- Loyalty programs are used by many credit card issuers to maintain or create customers by giving them incentives to use a specific card. Loyalty programs usually have their own cards, called rewards cards, points cards, discount cards or member cards. For example, some airlines offer loyalty credit cards that grant their users discounts on flights if they spend achieve cumulative spending goals.