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IS IT TRUE?

Senior Contributor

IS IT TRUE?

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!

Banking with CBofTV, BofH, and BBVA. All three are free checking accounts.
First Premier CC $500
Chapter 7 BK Discharged on 7/11/16
Equifax, Experian, Transunion, and ChexSystem are FROZEN.
Gardening Since 10/25/2017
6 REPLIES
Contributor

Re: IS IT TRUE?


BearsAndTurtlesRtheBest wrote:

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!


No way..  u can have multiple cards with same logo.. visa, mc, amex..

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
Valued Contributor

Re: IS IT TRUE?


wealthcreator wrote:

BearsAndTurtlesRtheBest wrote:

Is it true that you can only have one mastercard?? I already have a sears mastercard and woud like the slate mastercard. should I go for VISA just to be safe or does having more than one mastercard allowed? THANKS!


No way..  u can have multiple cards with same logo.. visa, mc, amex..


+1

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Highlighted
Frequent Contributor

Re: IS IT TRUE?

Not sure where you got this from but it is not even remotely true. Mastercard is just a processing network, banks are the issuers of credit cards.

 

So for example it would be like saying you cant have a Chase Freedom mastercard just because you have a citi diamond preferred mastercard, which makes no sense.

 

Hopefully this helps clear everything up

EQ 778 | TU 776
Barclay US Airways WMC 7.5k | BCE 5.8k | BofA Travel Rewards 9.1k | Chase Marriott Premier 13k | Citi TYP WMC 6.5k | Freedom Visa Sig 8k| Discover it 10k
Moderator Emeritus

Re: IS IT TRUE?

You can have multiple MCs.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Senior Contributor

Re: IS IT TRUE?

thanks for clearing it up now we know that is it pure bologne Smiley Happy

Banking with CBofTV, BofH, and BBVA. All three are free checking accounts.
First Premier CC $500
Chapter 7 BK Discharged on 7/11/16
Equifax, Experian, Transunion, and ChexSystem are FROZEN.
Gardening Since 10/25/2017
Established Contributor

Re: IS IT TRUE?

+10000000000