Credit card glossary (A-Z) — every term explained simply. From "What is APR?" to "What is utilization?" — every question is answered here. Use the guide to understand your statement and the free tool to convert it.
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A
Interest rate — India me 30-48%, USA me 18-30%. Full payment par 0%. How to calculate Available Credit — credit limit minus used amount; how much more you can spend.
Interest calculation ka basis — har din ke balance ka average.
B
Ek card ka debt dusre par 0% APR ke saath. Full guide
3-5% of transferred amount ($5-10 min USA).
Business expenses for — employee cards, GST records. Business statements
C
Account ka primary holder.
ATM se cash — fee + turant interest, no grace period. Costs
Billing cycle ka last day — statement generate. Guide
Max spend allowed. How to build it. Credit Report — a detailed document of your credit history, free once a year (India: from RBI bureaus).
300-900 (CIBIL India) / 300-850 (FICO USA) — creditworthiness.
Rates, fees, terms ka legal document.
D
APR ÷ 365 — roz ka interest rate.
Statement me kharch — purchases, fees, interest. Excel me Debit column.
Dynamic currency conversion — foreign me local currency me pay do, DCC reject do.
E
Equated Monthly Installment — badi purchase ko chhote hisson me. Guide
F
Annual, late, cash advance, foreign transaction, overlimit — statement me alag sections.
Interest + fees ka official naam. Calculation
2-3.5% on foreign currency spends. Avoid do
Suspicious activity par bank ka notification.
G
Fees aur interest par 18% GST (India) — statement me alag line.
I
L
M
Foreign transactions par 2-3.5% (India) — Axis 3.5%, Amex 2.7%.
Merchant ki category — groceries, dining, fuel etc. Cashback category is decided by this.
Amex ka points program. Track
Monthly interest rate = APR ÷ 12.
O — Outstanding Balance: the total you owe — current + overdue.
Overlimit Fee — charged for spending beyond your limit (capped by the RBI in India).
Online Transaction — spending on the internet; online-only cashback cards count these.
P
Payment Due DateDue date ka official naam. Guide
Penalty APRLate payment ke baad badha hua rate.
PointsRewards units — redeem flights, vouchers, cashback. Value
Posting Date — when the bank adds the transaction to your account; billing is based on this.
Previous BalancePichle statement ka ending balance.
Prime Rate — the banks' base rate; variable APRs are linked to it.
Processing FeeEMI/loan par ek baar ki fee (₹99-₹999).
Purchase APRPurchases par interest rate.
R
RefundReturn/merchant credit — statement me Credit. Timeline
Revolving Credit — carrying a balance and paying it next month, with interest.
Reward Points — points program; earn points on spending, redemption me value.
ReversalTransaction wapas — refund/credit adjustment.
S
Secured Credit CardFD ke against — credit building for.
Statement — the monthly bill: transactions + balance + due date. How to read it
Statement Balance — the billed amount up to the closing date; pay in full for no interest. Guide
Statement Credit — a refund/cashback that reduces your balance.
Statement Period — the range of transactions in this bill.
SurchargeExtra charge — fuel, wallet loads par.
T
Total Amount DueFull bill — due date tak pay do to no interest.
TransactionHar spend/paymentransaction/refund — the statement's basic unit. Convert to Excel. Transaction Date: when you spent. Transfer Fee: the balance-transfer fee (3–5%).
U
Unbilled TransactionsStatement ke baad ki purchases — agle bill me aayengi.
Utilization Ratio — credit utilization; keep it under 30%.
V
Variable APR — an interest rate that moves with the prime rate.
Voucher — a redemption option for points: shopping/travel vouchers.
Z
Zero Balance — after full payment; no dues.
0% APRIntroductory offer — 6-18 months no interest. Balance transfer for best.
Statement samajhna seekh gaye? Ab convert do!
🚀 Free Credit Card to Excel Converter
⚠️ Important Note: Credit card rates, fees and rules vary by bank and card (and change over time). This guide is general information — confirm details with your bank's official statement, fee schedule or customer care. Our tool only helps extract your statement data into Excel — it does not provide financial advice. Poora disclaimer read.
Due date ka official naam. Guide
Late payment ke baad badha hua rate.
Rewards units — redeem flights, vouchers, cashback. Value
Pichle statement ka ending balance.
EMI/loan par ek baar ki fee (₹99-₹999).
Purchases par interest rate.
Return/merchant credit — statement me Credit. Timeline
Transaction wapas — refund/credit adjustment.
FD ke against — credit building for.
Extra charge — fuel, wallet loads par.
Full bill — due date tak pay do to no interest.
Har spend/paymentransaction/refund — the statement's basic unit. Convert to Excel. Transaction Date: when you spent. Transfer Fee: the balance-transfer fee (3–5%).
Statement ke baad ki purchases — agle bill me aayengi.
Introductory offer — 6-18 months no interest. Balance transfer for best.
🚀 Free Credit Card to Excel Converter