Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove Ads

Understanding Credit Cards

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.

annual fee   yearly credit card fee  
annual percentage rate (APR)   cost of credit as a yearly interest rate  
balance transfers   transferring debt from one credit card account to another  
credit card   plastic card; allows accessibility to a credit line that has already been established  
credit limit   max. $ amount borrowable  
introductory rate   APR charged during credit card's intro. period after a card account is opened  
late payment fee   fee when cardholder doesn't make the min. monthly payment  
over-the-limit fee   fee when card account balance surpasses set limit  
penalty APR   interest rate charged on new transactions if the penalty terms in the credit card contract are triggered  
pre-approved   one has passed an initial credit history check  
return payment fee   fee if cardholder makes a payment but doesn't have enough $ in the account to cover the payment  
Schumer box   terms and fees of a credit card in a chart on all credit applications and solicitations  
variable-rate APR   APR may change depending on other factors  


Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: Tate.cord70