Which Card Is Best For You? Visa Vs MasterCard
MASTERCARD V.S. VISA – Two of the leading credit card companies in the world, each offering their own benefits, but which one is best for you?
In this article we’re going to list down the benefits and perks you could get from both.
What’s the difference between the two cards? In reality, there’s not much different between MasterCard and Visa. As the most popular cards out there, it’s accepted in over 200 countries.
However, according to canstar.com, both Visa and MasterCard don’t actually issue the credit cards themselves. They are merely methods of payments.
Both companies are dependent on banks from several countries to issue credit cards that utilize these methods of payment. So when you pay your charges, you’re paying it to the bank or institution that issued your card, not MasterCard or Visa.
What do Visa and MasterCard offer?
According to investopedia, Visa offers three levels of membership: base, signature, and infinite. For gold or other elite cardholders, credit card companies could offer concierge services for added convenience.
These services vary and could provide access to event tickets, hotel recommendations, gift purchases and even freebies. Some of these freebies include furniture, and appliances.
MasterCard offers three levels of membership: base, world, and world elite. The copmany also offers “Return Protection” with a few cards.
However, Visa’s signature cards widely carry that service. But, MasterCard often has better cost protection service.
This means that when you buy an item with a MasterCard and the retailer cuts the price within 60 days, MasterCard actually gives you a refund on the difference. Aside from this, both cards are very similar.
Important Note: Most of the times, the main difference between credit cards is the perks included. That’s why choosing the right card depends on what you as a customer value the most.
Thanks for reading. We aim to provide our readers with the freshest and most in-demand content. Come back next time for the latest news here on Philnews.
Like this article? READ ALSO: Credit Card Advantages & Disadvantages – Things You Need To Ponder On