What Does It Mean By Name On Card

When a credit card is issued it has the name of the account holder on it.

What the 3 digits on the back of your card mean and how they re used to protect your finances. The first part of the number on identification cards that follow these standards including credit cards and debit cards consists of information about the card s issuer. Or it can refer to the account holder s name for example if your account was opened in your name and your name was john smith your account name would be john smith. In the above illustrative image name on card is mr jack smith.

Each set of numbers has a specific purpose such as to identify your account number the identity of the card issuer and to prevent others who access your account number from making unauthorized purchases. The first digit of your card is an industry identifier which indicates the type of business the issuer of your card is involved in or in some cases outright identifies the type of credit card such as visa or mastercard. Depending on the context your account name can either be the type of account you have for example the name of the account may be a goalsaver account. The account holder is authorized to use the card for transactions and is responsible for paying the bill.

Answered may 19 2017 author has 140 answers and 634 5k answer views. Name on card refers to the name of the cardholder that is usually printed on the face of the card.