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.
- A revolver is a credit card issuer term for customers who carry balances, paying off those balances over time, thus "revolving" them. The opposite of the revolver is the "transactor" -- people who pay their credit card balances each month, avoiding interest charges.