Borrowing costs5
- APR and monthly flat rate實際年利率與月平息The flat rate works from the original loan amount; APR turns interest and fees into a yearly rate, and is the one to compare.
- Handling fee手續費A one-off charge a lender makes for processing an application or drawdown.
- Early repayment fee提前還款費用A charge that may apply when you repay a loan before the end of its term.
- Key facts statement (KFS)關鍵資料說明（KFS）A short summary a lender gives before you borrow, with the rate, the fees and the main conditions.
- TU credit report環聯信貸報告The personal credit record held by TU, which lenders often check when you apply.
Cards and rewards8
- Annual fee waiver年費豁免The issuer does not charge the annual fee for a year when a condition is met.
- Foreign transaction fee外幣交易費A percentage fee on spending in a foreign currency or at an overseas merchant.
- Dynamic currency conversion (DCC)動態貨幣轉換When you pay by card abroad, the terminal asks whether to charge in Hong Kong dollars or the local currency.
- Cash rebate, points and miles現金回贈、積分與里數Cash rebate is a direct credit; points and miles are worth what you can redeem them for.
- Credit limit信用額The most a card issuer lets you owe on a credit card.
- Statement date and payment due date結單日與到期還款日The statement date closes a billing period; the due date is the last day to pay.
- Minimum payment最低還款額The least you must pay on the statement by the due date.
- Revolving interest循環利息Interest charged on the part of a card balance not repaid by the due date.
Accounts and deposits4
- Minimum balance and maintenance fee最低結餘與綜合費用The monthly fee a bank may charge when an account falls below its balance requirement.
- Deposit protection limit存款保障上限The most the Deposit Protection Scheme pays each depositor at each member bank.
- Time deposit定期存款Money placed with a bank for a fixed term at a rate that stays the same during it.
- Interest rate tiers利率階梯Different balance bands earn different deposit rates.
Investing2
Insurance4
- Premium and deductible保費與自負額The premium is what you pay for cover; the deductible is the part of each claim you pay first.
- Waiting period等候期A stretch after the policy starts when an event or illness is usually not paid.
- Exclusions不保事項The situations or items a policy says it will not pay for.
- Cooling-off period冷靜期A period after you sign or receive a policy in which you can cancel the contract.
Tax2
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This page is information, not investment, lending or tax advice.