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The SALT Blog has mashed up YouTube videos with money vocab to help you make sense of (and remember) financial terminology. Today, we’re taking on an item that comes with every credit card offer you receive, the Schumer box.

The Internet is just littered with cat videos (with the SALT Blog no exception).

But more specifically, YouTube is littered with videos featuring Maru. I spent a good 10 minutes sorting through 23,000 results trying to find the video above. They seemed similar, yet different. And a lot were in a language I don’t understand.

Honestly, it felt a lot like sorting through different credit card offers.


In the world of SAT synonyms (not to be confused with “SALT synonyms,” which may just be a new article idea…), cat video is to Internet what credit card offer is to mailbox. The latter items are full of their respective formers.

So how can you tell them all apart? Well, you act like Maru—and dive headfirst into the box. More specifically, the credit card’s Schumer box.

Every credit card offer is required by law to have a Schumer box. This box outlines the terms of the card, including its annual fee (if there is one), it’s annual percentage rate (APR), and other transaction fees. And here’s the best part: All credit card companies format their Schumer boxes in the same fashion.

With consistent formats, Schumer boxes let you easily compare terms and conditions between offers. So, by acting like Maru, you’ll be able to find a card that fits you (even if he can’t find a box to do the same for him).

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  1. Joey September 25, 2012 / 12:00 pm

    I never knew that box had a specific name. Maru is always a good teaching tool :)

    • Ryan Lane September 25, 2012 / 1:19 pm

      Thanks for the comment, Joey! Isn’t it funny how we all know the name “Maru,” but not the name for the credit card box? Senator Schumer got into the wrong business!

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