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The point itself is not that important – are VISA cards better than MASTER credit cards for both of them are just payment gateways. That means when you pay through a VISA card, it is the VISA which is paying money on your behalf and when you pay through MASTER card, it is the MASTER which is paying on your behalf.
And when you repay the credit amount to the bank on the end of each month, the repaid amount goes back to the subsequent debt payer. Whether VISA is good or MASTER depends entirely upon the country where the card is being used. In a country like India, VISA is more acclaimed than the MASTER card which means it is more widely accepted than a MASTER Card.
So, when Indian Credit card companies launch a credit card, they prefer to launch a VISA card for Indian Markets. However, when it comes to Global markets, credit card companies offer MASTER cards as a better option than VISA, especially when traveling to European countries. The reason is the same as above – MASTER credit cards are more accepted in European Countries than other countries.
Major VISA credit card in India include those offered by Credit Card majors like HDFC bank, Citibank, HSBC, Standard Chartered, Bank Of Baroda, Bank of India, State Bank of India, Indian Bank…. And so on. (Visa cards come under divisions – Visa Buxx (not used in India), Visa Debt and Visa Electron.) Be it a Master card or a Visa Card – both of them offer the same facilities like balance transfer, lower interest rates, loan on credit statement, life insurance, dismounts, waivers, special privileges in restaurants, hotels and bars and so on.
The whole sole point is that – whenever you take a credit card, take the one which is widely accepted in your own country and if you are taking it for an overseas trip, then take the one which is widely accepted there to avoid any kind of hassle. So, whenever you take a credit card, be concerned about the acceptability of the card rather than the payment gateway.
For more information on credit cards, kotak credit cards, business credit card, platinum credit cards and signature credit cards visit at kotakcards.com
Popularity: 8% [?]
better, Cards, Credit, Master, Than, Visa
- ISBN13: 9780470484241
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
Strategies and tools to live debt free
The world of borrowing and debt management has changed dramatically, leaving people confused about how best to secure their financial future. This book is the only guide with detailed advice to help you become debt free or master the debt you have, based on the latest laws and new government programs and policies implemented under the Obama administration.
Is the information and advice on debt management different than in years past? Definitely. In this savvy, engaging guide, bestselling financial expert Jordan Goodman will tell you how to
- Win the mortgage game: avoid foreclosure, obtain the best refi, and modify your mortgage even if it is “under water”
- Clean up your credit report and dramatically boost your credit score
- Negotiate new terms and payments for burdensome medical bills, student loans, and credit cards
- Protect yourself from the devastation of identity theft
- Master the new credit card rules, and avoid the rate and fee traps
- Learn a revolutionary strategy that will help you become mortgage free in 5 to 7 years, change the way you pay all your bills, and save hundreds of thousands of dollars
Master Your Debt recommends many pioneering strategies as it lays out an innovative plan for achieving the elusive goal of financial success. The book is filled with helpful web sites, toll free numbers, associations and government agencies, and vetted companies and services to help you implement this advice. In today’s volatile economy, getting out of debt is the key to surviving and thriving, and author Jordan Goodman provides you with the strategies and tools to live debt free.
Master Your Debt: Slash Your Monthly Payments and Become Debt Free
Popularity: unranked [?]
E-book That Demystifies Top Mba Program Admissions.
Master The Mba Admissions Process…
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