Credit Cards   Visa credit cardsMasterCard credit cardsAmerican Express credit cardsDiscover credit cards

Thursday, February 9th 2012
Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
#  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Truncation
The habit of merchants to display only some digits of a customer's credit card number on a sales draft or receipt, in order to provide better security while still enabling identification (for the cardholder) of the card used. Truncation has been required by federal law since 2006. By law, no more than the last five digits of a debit or credit card may be shown on a receipt.
USA (English)   |   USA (Español)   |   UK   |   Australia   |   Canada