The Learning Center
GLOSSARY TERMS
# - A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z
Terms that begin with M

Minimum payment

If you carry a balance on your card, this is the minimum amount due each month. Each credit card issuer calculates this amount independently, but it is usually between 2-3% of your balance.


Previous Merchant Account Term: Magnetic-Stripe Terminal

Next Merchant Account Term: New Balance


Current Top 5 Credit Card Recommendations
1. Chase PerfectCard MasterCard
0% Intro APR | Up to 6% rebate on gas purchases | No Fee First Year.Read Review
2. Discover ® Titanium Card
0% Intro APR | Low 9.9% everyday APR | No Annual Fee. Read Review
3. Chase Travel Rewards
0% Intro APR on balance transfers for up to 12 months | Earn 1 point for every $1 you charge | Choose from 250 airlines | No Annual Fee.Read Review
4. American Express Gold Delta SkyMiles ® Business Credit Card
Earn 10,000 Bonus SkyMiles | Earn DoubleMiles on "everyday" expenses | Easy online application. Read Review
5. Citi ® Diamond Preferred ® Rewards Card
0% Intro APR for 12 months | Earn up to 5 reward points on everday purchases | No Annual Fee.Read Review