Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
As echoed above, what's important is having different issuing banks, not so much whether they are Visa, MasterCard, etc. However it just so happens to be that Discover is also the issuing bank for almost all their cards (excluding Sam's Club) and to a lesser degree for Amex (excluding co-branded BofA, Fidelity, etc). That is why many recommend them for rounding out card portfolios. But at the same time having one Visa from Citi and one Visa from Chase would also be considered two different issuing banks. In short, pay more attention to having different issuing banks instead of the affiliated payment network (Visa/MC/Disc/Amex).
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred