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Bankcard

nouncandidate·updated May 9, 2026

A general-purpose credit card, issued by a financial institution under agreement with the bankcard associations (Visa and MasterCard), which customers can use to purchase goods and services and to obtain cash against a line of credit established by the bankcard issuer.

Framework senses

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
A general-purpose credit card, issued by a financial institution under agreement with the bankcard associations (Visa and MasterCard), which customers can use to purchase goods and services and to obtain cash against a line of credit established by the bankcard issuer.