Smerri wrote:I was just curious why some may have a few cards from American Express, or a few from Visa.
Visa and MasterCard are payment networks and don't issue cards. When there is a Visa logo it means that the tranasction is processed over the Visa payment network but that's all Visa has to do with it, everything else is the responsibility of Bank of America or whoever issued the card. That's means if you have multiple Visas or MasterCards, the only thing the cards have in common is where you can use them and other than that they are completely different credit cards.
Amex issues most of their cards but they also operate as a processing network to a lesser degree. For example the Asiana Amex from B of A is truly a B of A card. The only thing Amex has to do with it is processing the transactions over their network when the card is used for a purchase.
Now in your example of getting a Costco and a Gold, both would show up as completely seperate items on your credit report. Really the payment network of the card is irrevelent for payment networks.
Did I explain this in a way that makes sense?
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