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.
- Prime borrower
- In credit card parlance, prime borrowers are cardholders with a good history of paying their debts on time. Prime borrowers tend to get the lowest rates from credit card issuers.