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.
- Reloadable card
- A reloadable card is often called a prepaid credit card, prepaid Visa card or prepaid MasterCard, but it also can be reloaded with monetary value multiple times. It does not necessarily have to be associated with a bank account run by the owner of the card.
They usually carry multiple fees, charged for purchase of the card, for use of the card and for reloading the card.