Which is better Visa or Mastercard?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
20 posts

Which is better Visa or Mastercard?

Visa
9
64%
Mastercard
5
36%
 
Total votes : 14

toiletsoup
 
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Which is better Visa or Mastercard?

Postby toiletsoup » Wed Feb 17, 2010 12:09 am

I would like to know which is better Visa or Mastercard? They always say Visa/Mastercard together. Does that mean they are more or less the same thing or is there a difference between them?


DoingHomework
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Postby DoingHomework » Wed Feb 17, 2010 4:11 pm

toiletsoup wrote:I would like to know which is better Visa or Mastercard? They always say Visa/Mastercard together. Does that mean they are more or less the same thing or is there a difference between them?


There are slight differences between them but very little you would notice as a casual user.

Visa's merchant agreement is not acceptable to many government agencies so many colleges and government services do not acceptVisa but do accept mastercard and other cards.

It used to be that pay phones did not accept visa but did accept mc. But who uses pay phones anymore...

I would not considerthem to have any significant differences but depending on exactly what you want to do, there might be some minor differences that matter to you, especially regarding the extra benefits.

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Postby latucia » Mon Feb 22, 2010 10:54 pm

I don't know a whole lot about which is better but in my opinion I would have to say Mastercard because they are more prestigious. There are too many Visa cards out there but not as many use Mastercard.

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Mogul of Pineapples
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Postby Mogul of Pineapples » Sun Feb 28, 2010 12:04 am

How about neither? AmEx and Discover beat both any day.
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.

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Primary Travel Card: Chase Sapphire Preferred

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Postby fantasy86dj » Tue Mar 02, 2010 8:07 pm

I think Visa myself, just a personal preference thing. I have got a Mastercard debit card though but these days when shopping if a merchant accepts Mastercard they also accept Visa.

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Postby DoingHomework » Fri Mar 05, 2010 4:18 pm

fantasy86dj wrote:if a merchant accepts Mastercard they also accept Visa.


Not true. There are many places that take MC but not visa

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Mogul of Pineapples
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Postby Mogul of Pineapples » Thu Mar 25, 2010 9:21 pm

DoingHomework wrote:Not true. There are many places that take MC but not visa


What types of places? I know there are certain events like the Olympics that only take Visa but I've never ran into a normal store that takes MC but not Visa.
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: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

DoingHomework
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Postby DoingHomework » Mon Mar 29, 2010 2:04 pm

Mogul of Pineapples wrote:What types of places? I know there are certain events like the Olympics that only take Visa but I've never ran into a normal store that takes MC but not Visa.


It's rare but I have run into a few places. Usually it is when they have some sort of deal with one of the companies. Pay phones (yeah, I know, who uses those?) used to only take MC because of a relationship with AT&T. Some merchants in Europe do not take MC.

It's pretty rare. For teh most part V and MC are essentially the same.

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Postby Cucumber » Tue Mar 30, 2010 2:15 pm

I asked a couple friends and they seem to think Mastercard is more prestigious LOL they're both like the exact same thing! :rolleyes:
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Visa is much more prevalent

Postby jeffysdad » Tue Mar 30, 2010 6:39 pm

When I was "collecting" cards 1-2 years ago I wound up with 3-4 Visas for every MC.

As for service, prestige, etc., I don't think it matters. MC has a nice payment tag if your bank offers it. However, you can only use it at McDonald's, CVS and probably a couple other glamorous places, it seems.

The bank behind the card is much more important.
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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