diff --git a/builtin-fetch.c b/builtin-fetch.c
index 3c998ea..0bb290b 100644
--- a/builtin-fetch.c
+++ b/builtin-fetch.c
@@ -289,7 +289,7 @@
 	}
 }
 
-static int store_updated_refs(const char *url, const char *remote_name,
+static int store_updated_refs(const char *raw_url, const char *remote_name,
 		struct ref *ref_map)
 {
 	FILE *fp;
@@ -298,11 +298,13 @@
 	char note[1024];
 	const char *what, *kind;
 	struct ref *rm;
-	char *filename = git_path("FETCH_HEAD");
+	char *url, *filename = git_path("FETCH_HEAD");
 
 	fp = fopen(filename, "a");
 	if (!fp)
 		return error("cannot open %s: %s\n", filename, strerror(errno));
+
+	url = transport_anonymize_url(raw_url);
 	for (rm = ref_map; rm; rm = rm->next) {
 		struct ref *ref = NULL;
 
@@ -376,6 +378,7 @@
 				fprintf(stderr, " %s\n", note);
 		}
 	}
+	free(url);
 	fclose(fp);
 	if (rc & 2)
 		error("some local refs could not be updated; try running\n"
diff --git a/transport.c b/transport.c
index 3dfb03c..8ad317b 100644
--- a/transport.c
+++ b/transport.c
@@ -1083,3 +1083,51 @@
 	free(transport);
 	return ret;
 }
+
+/*
+ * Strip username (and password) from an url and return
+ * it in a newly allocated string.
+ */
+char *transport_anonymize_url(const char *url)
+{
+	char *anon_url, *scheme_prefix, *anon_part;
+	size_t anon_len, prefix_len = 0;
+
+	anon_part = strchr(url, '@');
+	if (is_local(url) || !anon_part)
+		goto literal_copy;
+
+	anon_len = strlen(++anon_part);
+	scheme_prefix = strstr(url, "://");
+	if (!scheme_prefix) {
+		if (!strchr(anon_part, ':'))
+			/* cannot be "me@there:/path/name" */
+			goto literal_copy;
+	} else {
+		const char *cp;
+		/* make sure scheme is reasonable */
+		for (cp = url; cp < scheme_prefix; cp++) {
+			switch (*cp) {
+				/* RFC 1738 2.1 */
+			case '+': case '.': case '-':
+				break; /* ok */
+			default:
+				if (isalnum(*cp))
+					break;
+				/* it isn't */
+				goto literal_copy;
+			}
+		}
+		/* @ past the first slash does not count */
+		cp = strchr(scheme_prefix + 3, '/');
+		if (cp && cp < anon_part)
+			goto literal_copy;
+		prefix_len = scheme_prefix - url + 3;
+	}
+	anon_url = xcalloc(1, 1 + prefix_len + anon_len);
+	memcpy(anon_url, url, prefix_len);
+	memcpy(anon_url + prefix_len, anon_part, anon_len);
+	return anon_url;
+literal_copy:
+	return xstrdup(url);
+}
diff --git a/transport.h b/transport.h
index b1c2252..27bfc52 100644
--- a/transport.h
+++ b/transport.h
@@ -74,5 +74,6 @@
 int transport_fetch_refs(struct transport *transport, const struct ref *refs);
 void transport_unlock_pack(struct transport *transport);
 int transport_disconnect(struct transport *transport);
+char *transport_anonymize_url(const char *url);
 
 #endif