Primary refers to it being a primary key, which means it is the first column checked against when relating to other tables, when running joined queries.
Default is the default value given, assuming that no data is passed to it when a row is created.
Please keep in mind that you should be hashing your passwords when they are stored in a database. They should be hashed in PHP, then stored as a varchar(8/16/32) depending on the hash type you use.
Passwords are not meant to be saved as plain text in a database. Imagine getting hacked, and all your users will have their passwords exposed. Always try to make it one step harder if you can.
However, before you even get there, we need to get you a working page.