Business Credit Cards

A credit card issuer is a bank or credit union that offers credit cards and extends credit limits to cardholders who qualify. When consumers make credit card purchases, the credit card issuer is responsible for sending payments to merchants for purchases made with credit cards from that bank. 

Cash back is a bonus paid to credit cardholders who make qualifying credit card purchases. A percentage of each transaction is paid as cash back, which accumulates until the cardholder redeems the reward for a payout.

Credit card rewards come in different forms, but they all provide a benefit for using your card more. The value of the rewards you earn and the types of purchases that earn rewards can vary by credit card. There are typically three different types of rewards: cash, points, or miles. 

Mastercard is one of four major U.S. processing networks, providing technology to facilitate electronic payments between consumers, businesses, and organizations. In addition, Mastercard also offers payment products, like credit and debit cards that financial institutions can offer to consumers and businesses.

“A” credit is a grade a lender may give you if you have a particularly high credit score as a borrower. The “A” designation makes you less risky to lenders and can lead to a higher chance of approval and lower interest rates.

A travel points credit card is a great tool to have in your wallet. Use your credit card enough, and you can stash away enough points to cover the cost of your next trip. Travel credit cards all have different rewards structures, but they have one thing in common—you earn points or miles for making purchases.

Co-branded credit cards are credit cards backed by a credit card network, card issuer, and a consumer brand such as Delta, Target, or Marriott. Co-branded cards tend to be popular because they offer rewards you can redeem with the brand. 

The merchant discount rate is the fee, generally calculated as a percentage of the transaction amount, charged to merchants by a payment processor on a debit or credit card transaction. Payment processors charge the merchant discount rate to cover costs charged by banks and credit card networks as well as to make a profit.

PayPal Credit gives PayPal users a way to extend the payment period for certain purchases through a line of credit based on their creditworthiness. Synchrony Bank, which is known for partnering with retailers to offer credit cards, manages the program.