Visa vs. MasterCard vs. American Express:
The different brands of credit cards exist not only to differentiate one from another. On the contrary, there is a whole meaning behind each brand of card. A meaning that not only makes it possible to differentiate the different credit cards, but also provides different benefits compared to other brands.
Some benefits are more useful than otherswhile there are some that only deal with luxuries that have no real utility.
However, you have to take into account some important parts of credit card brands, and that is that You cannot choose exactly which credit card you will receive when joining a bank.
On the contrary, the bank within its own benefits tells you which credit card it is affiliated with. Without much more to add, let’s get started.
Visa Advantages and Disadvantages
Visa is one of the oldest brands when it comes to credit cards. Today they have a large presence in the marketoccupying almost 50% of it.
It is precisely at this point that one of the main advantages is found and that is that it is one of the most accepted cards in the world.being able to be used in practically any country and any place.
Other of the advantages the thing is require less maintenance chargesIt is relatively cheap and at its most basic levels (classic and Gold visa) it has quite interesting benefits, such as having price protection and an information center for travelers. However, just as it has advantages, it has some disadvantages.
The main disadvantage the thing is Tiers above Gold (Platinum, Signature and Infinity) are by invitation only. Therefore, it is a bit difficult to be part of their superior programs.
That aside though, if you do manage to get into such programs you will get a fair number of benefits, like protection against lost air travel, and even free airfare.
Advantages and Disadvantages of MasterCard
MasterCard is another of the oldest brands in the market and shares 40% with other brands.
As with Visa, its main benefit is the fact that which is present in a large number of countriesso at no time will you be isolated or without the possibility of making payments.
In addition to that, another advantages the thing is They run a lot of promotions and contests. MasterCard has the largest number of promotions within the different credit card brands.
As regards the disadvantages It is that its maintenance is somewhat expensive, especially in the highest modalities of the product.
Advantages and Disadvantages of American Express
American Express is a slightly more interesting option. Unlike other options that are present in all countries, American Express is more exclusive and therefore y tambiéns of the least accepted cards on the market,
It is clearly a disadvantage because, unlike other options, you cannot be completely sure that you will be able to make your purchase effectively in all stores.
However, American Express has the largest number of different prizes and contests for the users of its different products. It is an option that allows the usuario to feel valuable and quite exclusive. This is because the usuario knows that he belongs to a club with benefits that few people have access to.
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