What Do the Numbers on Your Credit Card Mean?

March 27, 2013 No Comments »
What Do the Numbers on Your Credit Card Mean?

Have you ever stopped to take a hard look at your credit card? Aside from the cool design, shape, and colors, there are lots of numbers emblazoned on the front (unless it’s the Chase Sapphire Preferred).

And those numbers are pretty darn important, as they are necessary to process your transactions to ensure everyone gets paid and credited properly.

Years ago, the International Organization for Standardization (ISO) came up with worldwide standards for credit cards, which is why they all look similar and feel the same.

This group was also responsible for publishing the identification numbers of major industries.

Most Credit Cards Are 15-16 Digits

Typically, credit cards come with 15 or 16 numerical digits, though some are as short as 12 and as long as 19 in some parts of the world.

American Express credit cards are comprised of 15 digits, MasterCard and Discover credit cards are 16 digits in length, and Visa cards are either 13 or 16 digits.

These account numbers are further broken down as follows:

- six-digit Issuer Identification Number (IIN)
– up to 12-digit account number
– single-digit checksum

The first digit on a credit card is known as the Major Industry Identifier (MII), which identifies the category of the issuer of the card.

Here are some of the more common categories:

Category 3: Travel and entertainment and banking/financial
Category 4: Banking and financial
Category 5: Banking and financial
Category 6: Merchandising and banking/financial

American Express cards start with the number: 3
Visa credit cards start with the number: 4
MasterCard credit cards start with the number: 5
Discover credit cards start with the number: 6

As you can see, all major credit cards fall under banking and financial categories, though American Express cards have the special distinction of being travel and entertainment oriented, while Discover is merchandising oriented.

Because of these unique identifiers, merchants can easily determine what major credit card company issued your card, which comes into play for interchange fees.

Notice how a business will sometimes already know you’re using an American Express card or a Visa/MasterCard. It’s not magic, just a well-known fact.

First 6 Digits Identify the Type of Credit Card

The first digit is followed by five more digits, which identify both the issuer of the credit card and the card type (IIN).

American Express cards start with the number: 34XXXX or 37XXXX
Visa credit cards start with the number: 4XXXXX
MasterCard credit cards start with the number: 51XXXX to 57XXXX
Discover credit cards start with the number: 6011XX

So all Capital One Cash Credit Cards or all American Express Centurion Cards will start with the same six digits. You can look up the IIN for a particular credit card here to see if it’s correct. This list seems to be a bit hit or miss.

The numbers that follow the IIN include a unique account number for the cardholder, followed by a checksum, which is a complicated algorithm that ensures the numbers all add up properly in the event of an error.

So that’s basically it. Of course, there is also the expiration date on the card, which is an added security feature. And a CVV number on the front or back of the card, which is also intended to prevent fraud and boost security, especially for “card not present” transactions.

Hopefully you now have a better idea of how and why your credit card numbers are what they are. If nothing else, it’s interesting.

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