The payment history of an account over a specific period of time, including the number of times the account was past due or over limit.
The balance of an account less any hold, uncollected funds, and restrictions against the account. See also Available Balance and Positive Balance.
The difference between the credit limit assigned to a cardholder account and the present balance of the account. See also Available Credit.
The process of moving an outstanding balance from one credit card to another. This is usually done to obtain a lower interest rate on the outstanding balance. Transfers are sometimes subjected to a Balance Transfer Fee.
A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract.
The time interval between the dates on which regular periodic statements are issued.
A check that a bank has paid, charged to the account holder's account, and then endorsed. Once canceled, a check is no longer negotiable.
A demand deposit account subject to withdrawal of funds by check.
Cash deposits or checks that have been presented for payment and for which payment has been received.
Credit Card Issuer:
Any financial institution that issues bank cards to those who apply for them.
Credit Life Insurance:
A type of life insurance that helps repay a loan if you should die before the loan is fully repaid. This is optional coverage
A debit card allows the account owner to access their funds electronically. Debit cards may be used to obtain cash from automated teller machines or purchase goods or services using point-of-sale systems.
A service that allows an account holder to obtain account information and manage certain banking transactions through a personal computer via the financial institution's Web site on the Internet.
Society for Worldwide Interbank Financial Telecommunication code. An internationally-recognized identification code for banks around the world. SWIFT codes are most commonly used for international wire transfers and are comprised of 8 or 11 alphanumeric characters.