What is the differance of Credit card Visa & Master Card ? what type of advantages both credit can provide?
598417
If you go to a "Visa Only" Business with your MasterCard you cannot shop there and viceversa.\n\nHowever, exclusive businesses are slowly disapearing and you can always find another business.\n\nI suggest you to always keep at least a Visa and a MasterCard just to be safe.
901031
yes, mastercard is accepted all over the world.  Just be responsible with it.
649208
S/He's right.  It's too vague at the moment - you need to actually get some figures to be able to do anything meaningful.\n\nThen to compare them, you could look at a scenario where by you buy one item and just pay the minimum each month to see how long it will take.\n\nYou can then plot a graph showing the outstanding amount for the two cards (PS don't forget the fees!) - this will then compare them.\n\nThen you could expand your investigation for different scenarios (eg pay off everything each month, pay off everything every other month, pay off twice the minimum recommended amount, transfer a balance and do nothing else until you have to pay it off...)
457805
Im in debt 2300 on a 2000 limit visa.   I owe mastercard 500 on 500 credit,  I owe sears 200 on 3000 limit.  I have a card at home hardware for 2000, I dont owe anything
1084613
Store credit cards have higher interest rates.\nThey approve more applicants more likely than banks, as they take on the risk of people with bad / poor credit, as well as possible delinquencies, but make people pay through the nose in interest to make more money.\n\nYou're better off getting a bank's (or credit union's) credit card as opposed to a store's.  Store's will generally give you certain discounts or promotions, but unless you pay off the full balance monthly, you're only hurting yourself.
482270
It all depends on if you want to pay an annual fee or not. There are plenty of custom cards out there that give you rewards in something you do quite frequently. For instance. I travel a lot and usually fly United, so I got the united visa which gives me miles everytime I spend. I also have an Amex which you pay a yearly fee for and they give you points and you can use these points for misc. stuff from airline points to jewelery. If you are looking for a card that does not have a year fee, the best one I see is the citibank dividends card. It gives you cash back like the discover card but it's better. It's better since if you read the fine print, the discover card gives you like 2% back, but it is on a ladder system meaning you have to spend like $8k before you get to the 2%, while the citibank dividends card gives you that 2% right off the bat no matter how much you spend.
224998
Visa and Mastercard.  If you pay by credit card and there's a problem, you have a little protection.
844033
you can get the prepaid master card or visa card at any store, you don't need any bank account...all you have to do is just get the prepaid credit card and pay how much you want in the card to use it....you can refill it anytime you want
291642
Yup. because a credit  card is a credit card. lol but thats a good question
83375
So let’s take a look at the positive and negative features of a credit card.\n\nThe Positives:\n\nWant to go take your girlfriend out for dinner? Be smart enough to carry a credit card along with you. Or otherwise, like the young man in the Standard Chartered ad, the cash you have could prove to be ‘a pain the neck’. There are other tangible benefits also. With a credit card one can spare frequent visits to the bank for withdrawing cash. The purchases you make can be paid for after a month or so before it starts attracting interest.\n\nNowadays, a credit card has many freebies attached to it. For starters, you can log on free air miles and hotel nights every time you use a Citibank credit card. One can also get a certain amount of extra protection on one’s purchases with a credit card. For example, a HSBC card insures you for lost baggage and damages by theft or fire.\n\nThe Negatives:\n\nIf you are prone to go on shopping binges, beware, the plastic money in your possession makes it a little too easy. And one may not know of it till the monthly bill stares right on your face. Secondly, one may end up paying too much if the balance is allowed to carry over for a long period of time. For this it is important to read the fine print before one applies for a card. There are myriad ways a bank could charge you on the services offered. And God forbid if you happen to lose your card and remain unaware of it. Nowadays credit cards have become game for con artists who have mastered the art of living off them.\n\nSee our feature article – Putting the genie back into the bottle\n\nBefore we go any further, why not become familiar with the various terms and jargons used by the credit card industry.\n\nCredit Card – A credit card is a financial instrument, which can be used more than once to borrow money or buy products and services on credit. Banks, retail stores and other businesses generally issue these.\n\nCredit limit – The maximum amount of charges a cardholder may apply to the account.\n\nAnnual fee – A bank charge for use of a credit card levied each year, which ranges depending upon the type of card one possesses. Banks usually take an initial fixed amount in the first year and then a lower amount as yearly renewal fees.\n\nRevolving Line Of Credit - An agreement to lend a specific amount to a borrower and to allow that amount to be borrowed again once it has been repaid. Most credit cards offer revolving credit.\n\nPersonal Identification Number (PIN) - As a security measure, some cards require a number to be punched into a keypad before a transaction can be completed. The number can usually be changed by the cardholder.\n\nTeaser Rate - Often called the introductory rate, it is the below-market interest rate offered to entice customers to switch credit cards.\n\nJoint Credit - Issued to a couple based on both of their assets, incomes and credit reports. It generally results in a higher credit limit, but makes both parties responsible for repaying the debt.\n\nTypes Of Cards\n\nMasterCard – MasterCard is a product of MasterCard International and along with VISA are distributed by financial institutions around the world. Cardholders borrow money against a line of credit and pay it back with interest if the balance is carried over from month to month. Its products are issued by 23,000 financial institutions in 220 countries and territories. In 1998, it had almost 700 million cards in circulation, whose users spent $650 billion in more than 16.2 million locations.\n\nVISA Card – VISA cards is a product of VISA USA and along with MasterCard is distributed by financial institutions around the world. A VISA cardholder borrows money against a credit line and repays the money with interest if the balance is carried over from month to month in a revolving line of credit. Nearly 600 million cards carry one of the VISA brands and more than 14 million locations accept VISA cards.\n\nAffinity Cards - A card offered by two
1093600
~~credit card = buy now pay later with interest~~\n\n~~debit card = buy now money is taken out of your checking, savings, or money market account. no interest charges because you buy now and pay now.~~
18884
There is not one who is actually better. i would stay away from American Express, They have lousy customer service and they hardly ever work with someone to lower interest rates.  On that note, Visa and mastercard are trademarks. It depends on the bank that they are issued from. Capitol One seems to be the front runner now, they have low interest rates and they do not charge outrageous late fees, they have a 10 day grace period before any fee is assessed. I hope that helps. I went by my own personal experiences.
781791
They are the same. At some places you will be asked not to enter your pin when choosing the Credit Card option and instead have to sign for it.
737235
It all depends on what kinds of rewards you want.  For example, I shop a lot from amazon.com and found their Visa useful because I get a $25 gift certificate for every 2500 points.  Do you travel much, tired of spending a lot on gas?  Those are the types of things to consider.  I don't think a single card will be your answer.
427524
You can check here:\nhttp://www.edealinfo.com/creditcard/\n\nThe most popular ones are Citi Dividend Platinum Select MasterCard and Chase Cash Plus Rewards Visa Card.  Both have no annual fees, 5% cash back on grocery stores, drug stores and gas stations, 1% on other purchases.  The only difference is that Citi Dividend has a $300 limit on cash back per year.\n\nHaving too many cards increases the possibility of identity theft and stolen credit cards, and most likely you will lose check of them.  You don't really need specific credit cards for specific stores/purposes if you don't spend that much on them, because the benefit difference is not that much.
720108
With a Credit Card, you spend now, and pay through the nose later. With a Debit Card, you pay now, and spend your money whenever needed, later !
1043934
You can get a MasterCard by either Premiere Bank or CorTrust Bank. Both offer a non secure line of credit without a credit check. There are fees which are charged to your new card(s).