What Do The Different Credit Card Brands Mean To You?

For just about anything you want to get off your chest about credit cards.
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mookie
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What Do The Different Credit Card Brands Mean To You?

Postby mookie » Thu Dec 22, 2011 7:54 pm

just curious, what do the different credit card brands mean to you? for example:

amex: affluent
discover: sears (i can't get the fact that discover was started by sears out of my head)
visa/mc: universal acceptance
jcb: japan


sticf
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Postby sticf » Fri Dec 23, 2011 9:00 am

Amex: Customer Service, Old school trying to reshape to the times.
Discover: Rewards (first CC I remember to offer any type of rewards)
Visa/MC: Ubiquitous

jeffysdad
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Postby jeffysdad » Fri Dec 23, 2011 11:47 am

Visa/MC: don't mean anything; issuing bank is all that matters; however, Visa might (unjustifiably) confer a bit more prestige among some.
Amex: platinum/gold=heavy travelers/business users or those who want to appear so; others=generally for aspirational, status-conscious.
Discover: some might perceive it as an alternative to the "big" banks, faceless institutions, but there's nothing more warm and fuzzy about it than any of the other card choices.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

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Pete838
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Postby Pete838 » Sun Dec 25, 2011 11:26 am

Visa/MC: Great acceptance, but all that really matters is the underlying bank, which could range from Orchard to Barclay
Amex: Better rewards and better customer service. Lower acceptance than V/MC. Higher standards and fees impute somewhat of a prestige.
Discover: Pioneer of cash back. Reigning chap of gimmicky promotions. Acceptance getting better.
Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.
Ronald Reagan

Moneytalks
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Postby Moneytalks » Wed Apr 25, 2012 9:31 pm

Visa/MC: The standard
Amex: High-end, wealthy, or status conscious. Those who expect higher quality and better customer service.
Discover: Not really accepted everywhere, so, no comment
Wallet: Amex BCE & Chase Freedom. (Credit Card dieting since 2014)

DavidNY
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Postby DavidNY » Wed Apr 25, 2012 9:44 pm

Visa/MC: The default. If the merchant takes cards, they take Visa/MC. Visa Signature: Most perks on par with Amex.

Amex: Claims no preset spending limit when there is one. Most perks on par with Visa Signature, uniquely useful in certain cases involving travel, sometimes not accepted.

Discover: Sometimes not accepted, company over-spends on marketing while reducing rewards, replaced my 5% off gas card with a 2% off gas card, does not offer perks found on Visa Signature/MC World/Amex. Significantly lower credit line than other cards.

JCarter
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Postby JCarter » Thu Apr 26, 2012 1:11 am

American Express: Better consumer protection.

Discover: Use it on JCB's network rather than having a JCB.

MasterCard: Great travel protection.

Visa: mmm cash back on gas.



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