affinity card

  

Definition

Credit card promoted by an association, club, college, or other organization, under an arrangement with an issuing bank. The issuing bank usually pays a percentage of net interest income to the promoter as commission, or provides some other type of compensation.

Related Videos




http://www.businessdictionary.com/definition/affinity-card.html

Browse by Letter: # 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