kdm31091 wrote:Some banks are more Visa heavy and some are more MC heavy. It has to do, I'm sure, with whatever deal they strike up with the network.
Don't think either one is going anywhere anytime soon.
My bank (USAA) just announced the switch from MasterCard to Visa. They used to be MasterCard centric up until about 5 years ago. Then they offered Visa. Now they're dumping MasterCard completely.
I assume it has to do with the competition and negotiation of fees in the contracts and it's probably ultimately good for the consumer.
In another way, it's kind of odd to me, just from a historical perspective. It used to be that you could pretty much get a MasterCard or Visa from just about any bank (well, before banks became credit-card centric, I suppose).