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Super Contributor
Posts: 6,670
Registered: ‎04-07-2008
0

Re: VISA vs Mastercard

Thanks for the feedback.

 

All my High CL cards are VISA

 

The only MC's I have is a Cap One rebuilder and a USAA Classic (also a rebuilder I believe) And both cards have a $1000 each. When I travel abroad, I have never had an issue with VISA; AMEX for sure in Europe but Visa no issues at all.

 

 




Senior Contributor
Posts: 3,322
Registered: ‎05-05-2011
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Re: VISA vs Mastercard

Some CCs will allow you to PC from Visa to MC. I believe both Navy and Chase Freedom will do that. Others probably would as well. IMO, it's just a good idea to have the variety. Also, sometimes one or the other will have a promo/contest where each purchase gives you an entry. It does seem like Visa is a lot more prevalent here. I only have one MC (Barclay's) and all others are Visa.

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EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Valued Contributor
Posts: 2,505
Registered: ‎11-11-2010
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Re: VISA vs Mastercard


Razeus wrote:

MC doesn't get much love here in the U.S.  The issuing banks seems to push Visa.  I've never had an MC in my life, always Visa.  It wasn't even an option when I signed up for my Freedom card.


Citi used to issue MC primarily. Now even Citi is switching over to Visa.

 

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 731
Registered: ‎02-15-2012
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Re: VISA vs Mastercard

There's not a whole lot of advantages to one over the other in the US.  Sam's Club is the only place I know that takes one but not the other.  I think Visa Signature typically has a little bit stronger benefits over World MasterCard, but the individual card may enhance them anyway; also MasterCard has World Elite level, which has more perks.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Valued Contributor
Posts: 2,505
Registered: ‎11-11-2010
0

Re: VISA vs Mastercard


Koop10010 wrote:

There's not a whole lot of advantages to one over the other in the US.  Sam's Club is the only place I know that takes one but not the other.  I think Visa Signature typically has a little bit stronger benefits over World MasterCard, but the individual card may enhance them anyway; also MasterCard has World Elite level, which has more perks.


World Elite is meant to compete against Visa Infinite. Visa Infinite beats World Elite MC, as does Visa Signature to World MC. MC overall has less perks than Visa.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 932
Registered: ‎06-12-2012
0

Re: VISA vs Mastercard

For some reason most subprime cards are MC and most prime cards are Visa.

JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Regular Contributor
Posts: 244
Registered: ‎07-29-2012
0

Re: VISA vs Mastercard

So MC is more accepted outside US ? I thought I was the other way around !

By the way my Freedom card is MC.

Cap1 QS $11500, Freedom $5000K, Slate $8000 Amex Sky $2000K, Discover IT $4400, BCE $8800, NFL $1500, Lowes $7000

Starting Score: 0
Current Score: 742
Goal Score: 800


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Valued Contributor
Posts: 2,505
Registered: ‎11-11-2010
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Re: VISA vs Mastercard


DeadSpider wrote:

So MC is more accepted outside US ? I thought I was the other way around !

By the way my Freedom card is MC.


Correct, MC has better international acceptance.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 932
Registered: ‎06-12-2012
0

Re: VISA vs Mastercard

Your Freedom is pumped/marketed in the Visa flavor. Not all subprime are MC and not all Prime cards are Visa but it just seems most subprime is MCs and most prime is Visas.

JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Regular Contributor
Posts: 244
Registered: ‎07-29-2012
0

Re: VISA vs Mastercard

So much for Visa commercials "It's everywhere you want to be" IT'S A LIE Smiley Frustrated

Cap1 QS $11500, Freedom $5000K, Slate $8000 Amex Sky $2000K, Discover IT $4400, BCE $8800, NFL $1500, Lowes $7000

Starting Score: 0
Current Score: 742
Goal Score: 800


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