Credit Card Points Terminology

This is a work in progress list of credit card points terminology and acronyms commonly used by points travelers. Check back here for constant updates.

PPD	Points Per Dollar: how many points you'll earn for each dollar spent.
CPP	Cent Per Point: how much each point is valued at, based on redemption.
Sign Up Bonus	How man points you'll earn after getting approved for a credit card and completing the required actions.
Annual Fee	What the credit card issuer will charge you to keep a card open per year.
Avios	Points currency for One World Alliance airlines.
UR Points	Ultimate Reward Points: points currency for Chase points.
MR Points	Membership Reward Points: points currency for AMEX points.
Thank You points	Points currency for Citi Cards.
5/24	Chase's unwritten rule which won't allow you to get approved for more than 5 personal cards (regardless of brand) in a span of 24 months.