The term "Year of Card Membership" refers to a 12-month period during which an individual holds a credit, debit or charge card issued by a financial institution. Full definition
This is a great offer if you could spend at least $ 10,000 in the first year of card membership year. (takeoffwithmiles.com)
The trade - off is that instead of paying $ 550 for an annual fee, you'll pay $ 195 beginning in the second year of card membership. (mybanktracker.com)
This card also offers an excellent 0 % introductory APR on all purchases and balance transfers for the first full year of card membership plus two extra months. (rewardexpert.com)