Visa vs Mastercard - How Do They Compare? (Credit Card Comparison)
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- Опубліковано 6 лип 2024
- 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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Sources for this episode:
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Visa, Mastercard, cash, credit or debit? Pick your poison and let me know why? 💲
Cookie? 🍪
The Infographics Show why does this have 4 likes?
Lol no likes
How to get Master card
Bitcoin. Fast, cheap, un-confiscable and mine
Let me save everyone 8 minutes of their lives... The answer is neither, its personal preference.
LMAO thanks
Aww man I read the comments after watching the vid.
=(
Thanks
How predictable.
Thanks
Are you kidding me clearly Birthday cards are the best
Facts
Aymen
No! *Real money...*
The invisible card
No it's a 3x5 card you know that one small card
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.
Its a low effort video
Well there isn't really a comparison between visa and MasterCard for consumers anyway you use them the same way and are both widely accepted globally I've never seen anywhere take one but not the other the only real things to look at are are what the bank offer you.
Because there is no comparison you can make between them. They both do the exact same thing. The only thing you can compare is the cards that the bank offers, not Visa/MasterCard. I don't care if my card is Visa or Mastercard, I care about the annual fee, interest rate, and rewards.
Ok you make a video and show us how it’s supposed to be compared
Big thanks to *Darkjacob* on telegram he is a life saver to me right now I jus got CC with high balance from him now🙏
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."
Thats on their website lol
Lol
“Accepted in over 200 countries.”
Dafuq man, there are only 195 official countries.
Infographics Show - priceless
There are some things money can't buy, for everything else there's Mastercard
Visa is better don't @ me
k
Avery I have to disagree. Visa is better
Between the both, which one has the anti-hack system?
ProjectFlight, I'm referring to their priceless commercials
I lower people’s credit scores when they look at me :(
Lol
100m radius for me!
nice
jokes on you, I'm not old enough to have one
Lmfao
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.
"Do not buy anything with money you do not have"
That sounds wonderful!👏👏👏
Credit cards with annual fees are not only about rewards and points. It's about the added benefits such as insurance (travel, medical, car rental). It's not a mind game. When you sign up, you compare the pros and cons. If one outweighs the other, you know the answer. Don't discourage others by saying do not open a card with annual fee when you haven't even touched upon the best benefits which is actually the insurance benefits and not the points. $120 yearly is nothing when you're getting lost baggage, flight delay, car rental, etc.
There are cards out there with no annual fee that cover most, if not all, of the benefits that you're talking about, which is why I chose to leave speaking about those perks out. It absolutely is a mind-game. Credit card companies flaunt around their cards; showing flashy items, perks, and famous personalities to represent their brand. This is all part of their marketing strategies and helps their perception to the public. It's a game, much like all other advertisements, the only difference is the playing field. While a seldom few can manipulate the system, there is almost no meaningful gain for the average American. I'd encourage everyone to always do a process analysis, whenever making a finacial decision. If you are, for example, a frequent flyer or business owner, it probably benefits you to indulge in a "premium" credit card, such as the American Express Platinum or Chase Saphire Reserve cards, respectively. This is, however, no means to suggest that simply because the rewards are better, you should pay an annual fee to recieve them; especially when there are many a free alternatives.
I do agree that there are instances in which it would benefit a person to pay for a "premium" card, however, I do not agree that it is for the other 99%.
Alan Wolensky II I don’t think any charge free card has the same benefits as an Amex Platinum or Chase Sapphire. If you fly on a certain airline and stay at a certain hotel chain all the time, then choosing the right card can offer good benefits that outweigh the annual fees.
For example Amex platinum takes care of up to $200 a year in airline ancillary charges and $200 in Uber credits spread out over 12 months as well as free TSA pre check and Global Entry. These are costs that a frequent flyer might anyway incur, and by booking with an Amex Platinum, you get 5x points on airfare and access to centurion lounges. Throw in a Saks Fifth Avenue credit as well as the Platinum Concierge service, it adds up to a pretty good deal.
so, use discover? it has no annual fees
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...
That's because neither is better, they're both poison
@@brooklyn560 I like how people *pretend to* hate big and influential brands and services they themselves use, (take Facebook for instance), just to sound cool!
youtube 2k18
@@deutscherritter344 I don't use credit cards, continuously spending money I don't have just doesn't makes sense to me. Debt is slavery fam, outside of a mortgage and a dire emergency of course
@@brooklyn560 depends on how you look at it. I see credit cards as a relatively secure method of paying for stuff. If you keep a good track of money you earn they aren't really a thing to fear.
An American Express video would be cool. I love the background information you include in your videos.
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....
Cards have required pins in the US for over a long time..
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.
How about now? Is visa still better?
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.
Please take note that Visa and MasterCard is also used in debit cards, not only in credit cards.
False. Mastercard debit cards have Maestro
@@bodigames Actually it's both, but maestro is getting removed.
I didnt report my lost card😃
Who ever stole it...is spending less than what my wife does.
@@androidmaster3369 ?
@@androidmaster3369 6:05
Old joke
💀💀
I deeply came across this trustworthy vendor *Johncowrd* on telegram this my second time for getting cc from him
When you combine them together you get the VCard and no one will take that
I deeply came across this trustworthy vendor *Johncowrd* on telegram this my second time for getting cc from him
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.
quito787 That's good. I heard that debit card is better than credit card and I learn that to get a credit card you need to get a job. Credit card gives you more protection better than a debit card.
@@asielmilian38 I find it to be the same if not Debit is better because it requires a pin
Credit cards aren't inherently bad if you're fiscally responsible.
The very fact you can spend money you don't have is why I don't want to use a credit card.
I feel like the opposite is true for me. I used to pay cash for everything; now, I use my credit cards for everything, pay them off every month, and make a significant amount in cash back (around 70 dollars every month)
Americans invent first Credit Card
Still pay their workers with checks
Check? What’s that?
@@bletwort2920 Cheques, as they spell in the commonwealth nations.
🔥
I couldn’t imagine not having direct deposit
Cheques are a brutal medieval method of paymant, I suffered when I wanted to pay in advance for a campground in the USA. The local state authority didn't accept on-line card payment nor any form of bank transfer, I just had to MAIL them a cheque in an envelope from Europe to USA, but I struggeled to even find a bank that would issue me the cheque. Almost noone does that in Europe and in tha banks they looked at me like I was from the 80s. Even the eastern Europe is more technologically advanced than many of the US state authorities. This is ridiculous.
Don’t let Dave Ramsey see this!
I got this Notification as soon as i clicked add to cart on amazon😂😂
NAHHHHH You is kidding me
Not even joking
Some shops only accept debit cards. *Credit cards have more fees,* when buying a flight or so.
easy, disguise your credit card as a debit card
My first debit card was from Visa and that is why I always choose Visa for all my cards.
man i remember watching this channel when it was 1 million subs and man i got to say this channel has come a long way and also nice vid
I got my first credit card ever the other day. Was quite a cool feeling. Got the MasterCard
Visa is accepted in more places overseas.
MasterCard is more lenient on kids and online debit cards. VISA is hard to get a card service out of, monzo tried to go with VISA and they declined them because they were an online bank
Big thanks to *Darkjacob* on telegram he is a life saver to me right now I jus got CC with high balance from him now🙏
I like the new video format! So much better than before. Re-subscribing.
Do a video about the lost colony of Roanoke
yes
Yes please
Yassssss
Didn't AHS already did that?
WAKANDA FOREVER they assimilated with the natives
Boi, "They're both widely accepted in over 200 countries!"
GUESS WHAT?
THERE AREN'T 200 COUNTRIES!
Wut?
He’s including territories like Bermuda, Hong Kong, Gibraltar etc.
Maybe he should have said "They're both widely accepted in over 200 countries and territories!"
There are:
195 Sovereign States According to the UN;
201 States With At Least Partial Recognition;
204-207 De Facto Sovereign States;
206 Olympic Nations;
211 FIFA Countries Eligible for the World Cup;
249 Country Codes in the ISO Standard List;
There are currently 195 countries, but there are more territories. All I'm saying is he should have said "Countries and Territories"
4:25 LOL WTF INFOGRAPHICS !
L
They're referring to the fact that women weren't allowed to have credit cards until the Equal Credit Opportunity Act of 1974, and were still regularly denied credit cards afterwards for "reasons".
@@michaelheliotis5279 wooosh
@@magnumfang shut
You guys upload the most random shit, i love it.
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.
It’s either 3 or 4 numbers if you use your card you should know them off by heart
I know my three number. If you use it often enough it will become easy to learn and convenient
I've memorized all 16 digits the expiration date and the 3 on the back of my card.
In that case, they usually ask you for your social security number.
I remember its 3 number you must have alzhimers
"I'm sorry to hear you have lost your credit card, may I have the numbers on the back of the card?" ---- "....if I had it, sure?"
I have a Amazon Prime VisaCard...its included in a Prime membership
5:34 - Nothing like havin' that poutine and wine at 40 thousand feet in the air.
In Hong Kong, some of the most basic cards do not charge annual fee at all (some required you to repay fully every month), for cards that do charge annual fee, they can often be waived.
"It's rare to find a place that will accept one but not the other"
I went to Costco the other day and they told me they only accept Mastercard. A few years ago, they only accepted American Express.
AMEX and Costco had a major falling out. And depending on your location they only take Mastercard or Visa now.
Is that in Canada? In the US, they accept only Visa card at Costco stores and at Costco gas stations.
me today *talks to my friends which card to get to pay online*
youtube: "I heard you"
just wanted to know where u from :v
@@smoofedup6203 europe, slovenia.
@@nejcribic Koinchiwa
Someone posted this guy *@Darkblack19* on *telegram* yesterday and I tried him he is real..thank you very much for this help full information about the credit card with high balance 💯
most of my card accounts were opened by my employers, so I don't remember really ever choosing between these two
from this infographics, i realised that i've been saying mastercard really lazily "mustacard"
Not a very good comparison, the differences between them pretty much ended a couple of minutes into the video. After that it just became regular banter over how credit cards work in general. Maybe if you talked about each company's work culture or the CEO's vision etc it could have been better.
I will never use credit cards. I want to see what I have and how much I spend. You get a way better feeling for what you have when you have it in your hands, and also you can't loose all your money by loosing a little plastic sheet.
Minecraft Vadder Good luck trying to build a credit score without a credit card which in turn will make it hard/impossible to get mortgages/loans/apartments t
Minecraft Vadder usually, losing the card won't lose you any money if you report it immediately when you realise it's missing
Ok great! Can you please make comparison between credit cards and debit cards next?
4:00 lol. Gotta love gotta love the InfographEGGS Show easter eggs lol.
they both dont allow me to add funds to steam...
MC doesn't allow a lot of things here in Europe
I thought visa worked
They both work for me
Strange, Steam allows a local banks but not int'l bank
American express works with steam, I think VISA too at least my VISA electron does.
Which is credit card is better? That's up to you.
Hotel? Trivago!
Another thing to look for are countries, where you intend to use your cards, debit or credit. For instance, in Germany, you're out of luck if you have a Visa... most vendors don't accept them, so you're stuck with ATMs
Another good video topic would be Banks vs Credit Unions.
I've never used a credit card though, I have a debit card though and it's a Master Card.
Is there a difference? I use both.
Wait thats illegal
Only difference is that since Visa has larger POS coverage ,almost 136m across the world, it is best for using in foreign countries and for online transactions. Mastercard is best for withdrawals and domestic transactions..Well that's what many websites say.
Same
The Discover IT card is absolutely amazing if you know how to maximize it!
Chase trifecta is better
On a VISA vs MasterCard video, I get a Discover ad.
love to see the list of the 200 countries you mentioned
I’m confused.. credit card or debit card?
They mean credit card for this video but never talked about debit cards :/
Debt is better in long run
Credit cards always have money in it. Everytime you use it you gotta pay it back. Debit cards dont have money in it unless you or your employer put money in.
credit card is you borrowing money from the bank that you need to pay back. debit cards is your own money.
The only thing thats the same is the big fat "$0" on my account
Gift cards are great too! For decorating your wallet.
I didn't even know you could get a MasterCard I've only ever used or seeing visas
"are widely accepted in over 200 countries" but there atr only 195 recognised countries...
Both services combined maybe
@@idlecom read that again
@@moly446 he means add the countries that each are accepted together, even if one already was accepted there
The moon mars Pluto Saturn and Uranus idiot
@@bobvagana1887 lol
I see MasterCard way more then visa especially with young people in Denmark :)
And surprisingly I see more visa than MasterCard in eastern europe with most young people
isnt visa being used as like your main card and a mastercard is like the backup card or the card you use for your business?
Thanks very much for your help fixing my credit Mr joe 👏
Mastercard is the master race!
bro i got here so early the video is private...
I got here so early, they were still writing the script...
so i received MasterCard and the only used till now it came is to be part of my wallet and nothing else!
😅😅
This video blew my mind, probably because I’m stoned lol
Zac Attac - Be careful, weed causes mouth and throat cancer, monkaS.
I was just joking man. I don’t abuse substances
yeah
me neither
;)
What about Vbucks?
For 14 year olds
The exchange rate of Vbucks to Zimbabwe dollar is too high, for every 1 Vbucks you will get 10000000000000000000000000000 Zimbabwe dollar
Duglet Gaming I’m in the US Army and I’m 25 years old. I know countless amounts of soldiers who play fortnite. It’s ridiculous.
@Duglet Gaming how
Scam
Great video, thank you !
What a head-to-head comparison LOL 😁
I only have debit card!
same
Same
Big thanks to *Darkjacob* on telegram he is a life saver to me right now I jus got CC with high balance from him now🙏
I think it’s funny that now Bank of America’s “BankAmericard” are now MasterCards.
How do wechat pay/alipay compare and should Visa/MC be worried?
Wich one better visa or master card for online transaction.
One thing they share in common is im in debt with both.
TheJTheorem man you’re so stupid
@@bletwort2920 - ok, child.
Can you please lower the music, I'm trying to watch the video...
4:05 "I'm sorry you have lost your credit card. May I have the numbers on the back of the card?" ummm no, I lost my credit card...
they meant the cvv unless you cant remember it off by memory
So, which one is better? Did you even state the features of VISA or MasterCard that the other one doesn't have or if they both share a feature which one is better in that feature
I've got both and Amex + Discover!
Discover is the best. 👍
I have 3 credit cards since I started, never accumulated any debt, always pay on time during the statement and has excellent credit score.
It's not the credit card's fault that you can't control your desire / purchase behaviour
5:40 love the choice of meal (poutine on her plate) :)
4:03 “I’m so sorry to hear you have lost your credit card,may I have the numbers on the back of the card?” They would never ask that lmao the only ask for the CC number
In america all cards are now chip and pins. Congratulations america! welcome to the 21st century lol
:D
Thanks for not answering your own question
Big thanks to *Darkjacob* on telegram he is a life saver to me right now I jus got CC with high balance from him now🙏
Since we are on schedule of leaving the EU, i'd say Mastercard.
So do Americans also have bank cards that are directly linked to your account
Video is private? UA-cam needs to get it together.
Baird - that happens when you’re SUPER early for a video. try coming back a few minutes later :)
I had mastercard for 3 years and its actually really good card
Basically, read you terms from your "saving" program, track your savings, and you'll be fine.
Infographics video on Visa versus a visa next.
*THIS VIDEO IS ONE OF THE REASONS I (we) DELETED THE BOURGEOISIE !*
Bine, bre.
Who are you (we)?
One is a credit card for masters
The other is not
*PICK WISELY!*
MasterCard is for masters
Got a netspand visa card ad right before this vid
I hope you do AMEX, Discovery, JCB :)
what if all computers stopped working on whole world?
here comes the cyanide
What are the odds of a worldwide power outage?
Birth rate goes to 0
Then bullet is worth more than gold.
@@Nate.Wilson look up CME
American Express is the best
depends on where you life bro
Aren't accepted everywhere especially outside the US.
Specifically the Amex Platinum. Or the Chase Sapphire Reserve
No, discover is.
@@shawnlee664 Sorry to break the news to you but discover is trash, especially for international travel.
I have both, plus Amex. Thankfully we don’t get charged a yearly fee just to own a credit card here in the UK (unless you choose to, but it comes with a few benefits)
Ahhhh... Should we be concerned about that comment that guy mention at 4:24? 😂
Reply Visa If you like visa better, and like if you like mastercard better
nah
its all about the gift cards
@@anshkatiyar7988 so you like visa
@Pringles Boi
u got me there
i shouldn't have replied=)
don't forget about Amex. Gotta rep that platinum card.
Mackenzie Wright never seen any one with amex in my life
what is amex
Yeet American Express. They’re one of the most recognizable credit cards, with there designs
Next do Master card vs Omni card (yes,it’s a SCP reference)
Master Card And Visa Are Mostly Accepted In Most Places
MYTHS VCARD REEEE