Credit Card Glossary: Terms and Definitions
Split payment transaction
A split payment transaction takes place when you use two or more cards on a single transaction. Splitting a payment can be useful to consumers who have gift cards or prepaid reward cards, because they allow you to use every cent of them. Retailers commonly allow split payment transactions in their brick-and-mortar stores, but rarely allow it online.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.