A MasterCard has a total of 16 digits. MasterCard, as well as most major credit card systems, use the ANSI Standard X4.13-1983 system, in which each digit identifies a particular attribute of the card. .Know More
The first digit on any credit card designates the particular system by which it was issued. For example, the MasterCard system is identified by the number 5, American Express and Diners Club credit card numbers start with the number 3, while Visa and Discover Card systems are identified by the numbers 4 and 6, respectively.
Each credit card number has a structure that varies by system. In the MasterCard system, digits two through six are used to identify the bank number, digits seven through 15 designate the account number and digit 16 represents a check digit.Learn more about Credit & Lending
According to NerdWallet Finance, Visa has two significant advantages over MasterCard: it generally offers return protection more extensively and features superior loss of use coverage with respect to insurance on car rentals. Otherwise, Visa and MasterCard generally offer consumers similar experiences.Full Answer >
While exact activation and registration requirements may vary by the type of MasterCard held, activation instructions are generally available on the packaging of the card, according to MasterCard's website. Depending on card type, this activation may be required in order to begin use of the card.Full Answer >
The primary difference between MasterCard and Visa credit cards for consumers is the number of places that accept each card. Other differences between the two credit card companies become important for individuals and businesses as their unique circumstances, including creditworthiness, come into play.Full Answer >
Over half of the families in the United States are unable to afford to send their kids to college. In a 2013 survey, 62 percent of Americans said that they believe most people are not able to afford the cost of a college education.Full Answer >