5524 credit card type

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This article is reprinted by permission from NerdWallet. Like numbers on a paper check, they provide payment routing information so charges are processed correctly every time you swipe or dip a card into a checkout card reader or type your information into an online form. The first digit on a credit card is like an area code in a phone number. Instead of representing a general geography like for New York City, it represents an industry type, like 4 for a financial institution. The other numbers are for all kinds of identification cards. For instance, 1 and 2 generally are for airlines not airline credit cards, which are issued by banks ; 7 is for petroleum companies; 8 represents telecommunications and health care; 9 is reserved for national numbering systems that a country might want to use.

5524 credit card type

When accepting credit card numbers over the phone from customers, you can easily identify the type of card without asking the customer. While each credit card has a unique string of numbers, in varying lengths, the first one or two digits will reveal the issuer of the card. You can also note other characteristics of the number to help you confirm the evidence. Simply noting the first digit of the credit card account number can help you narrow down or identify the issuer. Credit cards, such as MasterCard, Visa, and Discover, all have unique, identifying numbers as their first digits, with the exception of American Express, Diner's Club and Carte Blanche, which share the same first digit: the number 3. MasterCard's unique first digit is 5, while Visa's is always 4. A Discover card's first digit is consistently the number 6. You can further identify credit cards that start with the same first number by analyzing two or more digits. For example, even though American Express, Diner's Club and Carte Blanche all start with the number 3, you can confirm American Express numbers if the first digit, 3, is followed by a 4 or a 7. However, if a zero, 6 or 8 follow the 3, the credit card number belongs to a Diner's Club or Carte Blanche account. Some of the more common issuers of cards have between 13 and 16 digits. Each type of account number has specific lengths, which can serve as a secondary method to identify the type of credit card. For example, Visa account numbers can be up to 19 digits.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. It all goes back to when the credit card industry was struggling to get customers.

This page contains a list of issuer identification numbers and to which bank or institution they are assigned. These identify the institution that issued the card to the card holder. Assigned by national standards bodies. The three digits after the leading 9 are an ISO numeric country code. Redirected from List of Bank Identification Numbers.

Chase issues cards under a total of 90 IIN numbers including this one, so some card numbers issued by Chase may start with IIN numbers from one of these other ranges. You can view a list of all 90 of Chase's IIN numbers here. For more information, call Chase at While credit card number may seem like a random string of digits, they actually contain a large amount of valuable data about the card that can be used for validation and verification purposes. The first digit of the card is known as the MII digit, and indicates the credit card's scheme. In this case, the MII of 5 indicates that this is a Mastercard card. This sequence uniquely identifies the bank that issued the card. Digits of the credit card number contain the Primary Account Number, or PAN, issued by the bank to uniquely identify the account holder. These 8 digits are the most important part of the credit card number.

5524 credit card type

This page contains a list of issuer identification numbers and to which bank or institution they are assigned. These identify the institution that issued the card to the card holder. Assigned by national standards bodies. The three digits after the leading 9 are an ISO numeric country code. Redirected from List of Bank Identification Numbers. Jump to: navigation , search. Main article: Credit card number. Categories : Banks Banking technology Interbank networks Financial routing standards.

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While not actually part of the account number itself, the check digit is essential to allow easy validation of card numbers and detection of typos, missed digits, etc. If you want to get really nerdy, check your own cards with the Luhn algorithm, which employs simple math but is a little tricky to explain:. Have you ever wondered what all those numbers you can never quite memorize stamped across your credit card actually mean? Close Help. While each credit card has a unique string of numbers, in varying lengths, the first one or two digits will reveal the issuer of the card. MasterCard's unique first digit is 5, while Visa's is always 4. Edited By. The other numbers are for all kinds of identification cards. In this case, the MII of 5 indicates that this is a Mastercard card. China Construction Bank. By the s, it had grown drastically and expanded into the financial sector. SubCodes: , , 14, 20, 22, 42, 47, 50, 54, 56, 61, , , 71, , , , Your credit card is packed with important information and although the process behind it may be complicated, it helps simplify your life and the way in which you make payments. The numbers 1 and 2 relate to airlines or other industry assignments, while the number 8 identifies telecommunications or other industry assignments.

As you look for strategies to increase the number of your credit card rewards points , have you ever wondered about the numbers that form the foundation for all that earning potential? Each of those figures plays a role in each purchase you make.

We use our cards daily but most of us have little understanding of the history and objectives they represent. Some credit cards also carry the expiration date on the back if it not already on the front. The first digit of every credit card serves as a major industry identifier, or MII. In this case, the MII of 5 indicates that this is a Mastercard card. Do you have a comment or correction concerning this page? American Express , Platinum, Sri Lanka. Unlike the static magnetic stripe, the EMV uses a dynamic means of transmission. Bank of Montreal. American Express Green Card. This article is reprinted by permission from NerdWallet. Credit cards are meant to be used instantly for payments. Forbes Advisor Staff. Bank of East Asia. Find The Best Credit Card.

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