A Billing Zip Code is the address you have on Credit Card statements sent to you from Bank. This is the first use of “Billing Zip Codes”. It may also be used by Healthcare providers to preserve your privacy and identification. Most Credit card firms use the zip code of where your Credit Card bills are sent, as your Billing Zipcode.
For example, your home address might be 12435 Peach Street Anytown, Oh 44100, but have your Credit Card statements go to a P.O. Box with a different (44101) Zip Code. They use the Billing Zip Code as a Verification tool to stop unauthorized users from charging items on your card if it were lost or stolen. Most Pay at the Pump gas pumps, require you to insert your Billing Zip Code for “Credit” purchases. This is usually not needed for “Debit” purchases since you must enter a PIN for debit acquisitions. Some bill collectors and online retailers also need a Billing Zip Code to pay bills or make purchases.