Abstract: A magnetic card reader receives a magnetic card with a magnetic stripe through an entrance port, transports the magnetic card along a transport path by transporting unit, carries out a process of reading and writing information out of and to the magnetic stripe of the magnetic card by magnetic read/write unit located facing the transport path, cuts the magnetic card into at least two cards in the direction orthogonal to the card transporting direction by a cutter unit located in the transport path, and guides those cut cards to a card discharge path or a collector path, both being continuous to the transport path, by first path-selector unit located at the intersection of the card discharge path and the collector path.