Fill in the blank notes to cover common words and phrases associated with opening and using credit cards. Answer key included.

-annual fee

-annual percentage rate (APR)

-balance transfer

-bankruptcy

-cash advance

-charge account

-credit limit

-default

-default rate

-fixed-rate

-grace period

-interest/interest rate

-introductory APR

-late fee

-maxed-out credit card

-minimum monthly payment

-statement

-transaction fees