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.
- Price protection
- Price protection is a perk offered by some credit card issuers to encourance consumers to use their cards. With price protection, if you use your credit card to buy an item and then find the same thing for a lower price elsewhere within 30 to 60 days, your credit card will refund the difference. Price protection plans vary by issuer, and have limits and record-keeping requirements.