Glossary of Terms
After reading some of our content here at Moola!, you might find abbreviations or other terms that have been discussed in detail elsewhere, but used as shorthand or a reference in the context of what you read. While we try to keep our content clear and explained in detail, this page is here to help define any of those lingering questions you have.
Abbreviations
| TERM | DEFINITION |
| AA | American Airlines |
| AF | Annual fee |
| Amex | American Express |
| AU | Authorized user |
| BoA | Bank of America |
| BR | Bilt Rewards |
| C1 | Capital One |
| C1M | Capital One Miles |
| CB | Cash back |
| CL | Credit limit |
| DD | Direct deposit |
| EQ | Equifax |
| EX | Exprerian |
| FF | Frequent flyer |
| FTF | Foreign transaction fee |
| GC | Gift card |
| HH | Hilton Honors |
| HYSA | High-yield savings account |
| MR | Membership Rewards |
| MSR | Minimum spend requirement |
| NLL | No lifetime language |
| PP | Priority pass |
| RT | Round trip |
| SC | Statement credit |
| SMB | Small and medium-sized business |
| SUB | Sign-up bonus |
| T&C | Terms and conditions |
| TL;DR | Too long; Didn’t read |
| TU | Trans Union |
| TYP | ThankYou Points |
| UA | United Airlines |
| UR | Ultimate Rewards |
| YMMV | Your mileage may vary |
Definitions
| TERM | DEFINITION |
| 5/24 rule | Chase rule that limits any more than 5 new personal credit cards opened within a 24 month timeframe (from any card issuer). Business cards do not count toward this rule. |
| 2/3/4 rule | Bank of America rule that allows you to be approved for: – 2 new cards in a 2-month period – 3 new cards in a 12-month period – 4 new cards in a 24-month period |
| 3/12 rule | Bank of America rule that denies credit card approval if: – You have a Bank of America bank account, and have opened 7 credit cards within the last 12 months. – You don’t have a Bank of America bank account, and have opened 3 new credit cards in the last 12 months. |