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 credit card skimmer is a small device that lets a thief swipe a magnetic stripe credit card and surreptitiously record the information on it. A skimmer can be hand-held or installed where you would expect a legitimate card reader, such as an ATM machine or a gas pump.