Visa vs Mastercard - How Do They Compare? (Credit Card Comparison)

How do Visa and Mastercard credit cards compare? Which one is better? What even is the difference between the two cards? Who should you trust with your money?

According to data released April 26, 2018, by the American Banking Association, there were 364 million open credit card accounts in the United States as of the end of 2017. And credit cards are found in most Americans' wallets with multiple studies showing that about 7 in 10 Americans have at least one credit card. With so many cards on the market, which one is the right one to choose? We won’t be looking at every card out there today but we will be comparing two of the major players.
The two that we’ve all heard of and most of us have used or will use at some point. Welcome to this episode of The Infographics Show: Visa vs. MasterCard.

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[TheInfographicsShow]

Visa, Mastercard, cash, credit or debit? Pick your poison and let me know why? 💲

[StevenBeshears]

Let me save everyone 8 minutes of their lives... The answer is neither, its personal preference.

[KnightSlasher]

Are you kidding me clearly Birthday cards are the best

[natagua]

I love this channel but you haven't compared them at all. You just told us what to look for when comparing them, without actually comparing them.

[markarca]

I remember the MasterCard tagline I heard in their TV ad years ago: "There's some things money can't buy. For everything else, there's MasterCard."

[BradWelton]

“Accepted in over 200 countries.”

Dafuq man, there are only 195 official countries.

[AverytheCubanAmerican]

Infographics Show - priceless
There are some things money can't buy, for everything else there's Mastercard

[rzpogi]

Initially, making online purchases with international companies in the Philippines could be only be done with VISA cards and not with Mastercards. Also, initially, prepaid cards in the Philippines are Mastercards but later Visa cards also appeared.

[ChernobyLime]

you guys never really explained which one is better over the other you just gave facts about how to get a credit card and what to watch out for...

[niklasevans]

I love how they point out that US issued cards now require pin numbers when paying, its not like the rest of the world has had that for the past 10 years....

[alanwolenskyii]

Do not open a card with an annual fee.

They have potential to make you more in points and rewards, but it's a mind-game that they play, in order to get you to spend more. By charging a fee, you are more likely to make a purchase using that card, and also, to ensure you're not missing any benefits or paying for the fee when you really didn't need too, you may begin to rationalize and justify otherwise irrational spending.

Buy within your needs. It's very simple: if you don't have the money in the bank, do not buy anything with your card.

I'm aware that some people fall on hard times, and perhaps they have a pay check coming in a few days, remember the above statement... Do not buy anything with money you do not have.

I hope some of this information helps someone.

[Hellspooned]

One difference, at least in Sweden is that a refund from a store takes visa 2-5 bank days which usually is the same for mastercard. but sometimes mastercard takes over a month.

[ryanbob]

I lower people’s credit scores when they look at me :(

[np]

I didnt report my lost card😃
Who ever stole it...is spending less than what my wife does.

[nataliearias]

An American Express video would be cool. I love the background information you include in your videos.

[funny-video-YouTube-channel]

Some shops only accept debit cards. *Credit cards have more fees, * when buying a flight or so.

[markarca]

Please take note that Visa and MasterCard is also used in debit cards, not only in credit cards.

[NotHPotter]

4:01 If they lost their card, how are they going to know the numbers on the back? I don't think most people memorize those.

[Nihilnovus]

When you combine them together you get the VCard and no one will take that

[quito]

I’ve stopped using credit cards a long time ago. Best financial decision ever. I just use a debit card, so I never spend money I don’t have and never get into debt.