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Finance & Banking vocabulary · Payments & Cards

Cardholder

Meaning in finance & banking, with examples

/ˈkɑːdhəʊldə/nounCommon term

In finance & banking, cardholder means: The person to whom a payment card is issued and who is allowed to use it; for company cards, the named employee who uses the card.

In Turkish: kart sahibi, kart hamili

How it is used

Used in card agreements, disputes and card scheme rules. The cardholder signs the agreement, disputes unknown transactions and is protected by chargeback rules. Schemes talk about cardholder verification (PIN, signature or biometrics) and 'cardholder not present' transactions online.

Example sentences

  1. The cardholder says she did not make these three online purchases.

  2. Supplementary cards can be issued to family members of the main cardholder.

Common collocations

  • primary cardholder
  • cardholder agreement
  • cardholder verification
  • cardholder not present
  • credit cardA plastic or digital card that lets you buy now and pay the bank later. You can spend up to a limit and pay interest if you do not repay the full amount on time.
  • debit cardA card linked to your bank account that takes money directly from your balance when you pay or use a cash machine.
  • chargebackThe reversal of a card payment after the cardholder disputes it, for example because of fraud or goods that never arrived. The money is taken back from the merchant.
  • merchantA business that accepts card or digital payments from customers for goods or services, such as a shop, restaurant or online store.
  • PINShort for personal identification number: a secret code, usually four to six digits, that proves you are the cardholder when you use a card.

More terms: Payments & Cards

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This page explains English vocabulary for learners. It is not financial advice.