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GLOSSARY 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 Terms that begin with M Magnetic Stripe Magnetic-Stripe Reader Magnetic-Stripe Terminal Minimum payment Magnetic-Stripe Terminal When a financial institution grants a credit card to a consumer they issue them a card which has a magnetic-stripe on the back which holds personal and account information necessary to process an electronic payment transaction.  A Magnetic-stripe terminal is the device that reads the magnetic stripe on a plastic card. Previous Credit Card Term: Magnetic-Stripe Reader Next Credit Card Term: Minimum payment Best Credit Card Reviews 1. IberiaBank Visa® Platinum Card No Annual Fee | Online Access to Account | Go Platinum Today! Read Review 2. Blue Cash Everyday(SM) Card from American Express No Annual Fee | Up to 3% Cashback on everyday purchases | 0% Intro APR for 12 Months!Read Review

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.