Category: Credit card terminology

Affinity credit card

An affinity credit card program Allows an organization to offer members and supporters ict-Those Who-have an “affinity” For That organization-a credit card branded with the organization’s brand and imagery. An affinity credit card program may pay the brand owning a bonus for each new account generated, plus a percentage of every transaction charged to the card. In some cases the brand-owning…


Acceptance mark

An acceptance mark , in respect of credit cards , is a gold logo design That indicates qui year card schemes automated teller machines or merchant Accepts. Common uses include decals and signs at merchant locations or in merchant advertisements. The purpose of the mark is to provide the card holder with information. An acceptance mark differs from the card’s product name (Such As American Express Black…