From a consumer's standpoint, is there any difference between Visa or Mastercard?
2007-11-22 05:00:16 · 4 answers · asked by . 4 in Business & Finance ➔ Credit
I have a Visa and a Mastercard.
I don't notice any differences.
My Visa is from Chase and has a $800 credit limit.
My MasterCard is from GE MONEY BANK and has a $1500 credit limit.
I like the rewards better on the Visa. Every dollar I spend gets me 1 point on amazon.com. Every dollar I spend on amazon gets me 3 points. Once I get 2,500 points I get $25 amazon gift certificate.
My mastercard is similar, but the rewards are for money to use on paypal. I also think the chase.com is faster when I go to pay my bill.
2007-11-22 05:09:46 · answer #1 · answered by Kevin F 2 · 0⤊ 0⤋
Basically no. But there may be some differences between the features, ie lost luggage protection, car rental insurance benefits, etc. So if you have some interest in a given benefit, one might be better.
I believe Visa is accepted at more locations in Europe.
2007-11-22 16:34:13 · answer #2 · answered by Gatsby216 7 · 0⤊ 0⤋
no, from a consumer's standpoint would be payback points as with Discover card and lowest % on unpaid amounts.
other than that, they are all the same value to the consumer
2007-11-22 05:08:33 · answer #3 · answered by pip 1 · 0⤊ 0⤋
no, they're the same.
2007-11-22 05:07:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋