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Differences between Visa and MasterCard card

Do you question some time? Why do some cards say VISA and others MasterCard? If you are interested out of curiosity or because you have to choose one, stay and read the information that we have gathered for you.

Table of Contents

What are the advantages of having a Visa Card?

To begin with, VISA (Visa International Service Association) is a multinational financial services company, which originated in the USA.

Like Mastercard, both allow all types of bank transfers throughout the world. Both with credit cards, debit cards, prepaid cards, and Gift cards. The main advantage of choosing Visa is that it captures most of the market. Their commissions abroad are usually lower.


You are more likely to find a bank that does not charge a commission when you make a currency exchange. And, it also offers many benefits in travel, restaurants and all kinds of businesses.

What are the advantages of having a MasterCard Card?

All cards associated with Mastercard offer you a series of advantages when you use them for your purchases. However, these may change depending on the bank that issues the card and the type of card you have.

Here are the most striking advantages of Mastercard:

1.Thanks to its Price Protection, if you have bought a product with Mastercard, and then you see it cheaper, while you are within the period of 60 days, the difference will be refunded.

2.They also offer a Satisfaction Guarantee whereby, if you are not satisfied with what you have bought using your Mastercard and the store does not return the money, within 60 days you can claim and recover up to $300.

3.Mastercard offers you a Warranty Extension offered by the brand or manufacturer of the product you have purchased, up to one year.

4.Mastercard cards offer you Purchase Insurance, which covers breakdown or theft of those products you buy, within 90 days of having purchased them.

In addition, you can also count on:

  • Special sales

  • Protection in your purchase

  • Assistance and Personal Protection

  • Travel Assistance and Protection

MasterCard offers its clients all kinds of exclusive discounts and tickets to shows.


What is the competition between Visa and MasterCard?

Points to mark:

1.Neither of the two entities issues credits or cards of any kind. Both are in charge of offering a service to the bank that issues the card.

2.Processing all economic transactions that are carried out with credit cards, debit cards, or Prepaid cards of customers.

3.Both entities are accepted in most parts of the world equally. In more than 20 million stores and in more than 150 countries.

4.Its maximum security systems protect customers from possible fraud when making transactions with their cards. In the case of Mastercard, it is called SecureCode, and in the case of Visa, it is the Visa System.

5.They are in charge of consulting with the bank or financial institution that has given us the card if the transaction we want to make can be accepted or not. They verify that it is possible to make the payment we want to make.
6.Both manage the payment between the card issuer and the business where we buy.

7.Both allows you to set your private password. Then you will have to use it to carry out all your transactions online.

8.They offer offers and promotions that are only available to people who use their debit, credit, or prepaid cards.
Should you have a Visa or MasterCard card abroad?

Both VISA and MasterCard are very powerful platforms that span the entire world. Depending on the country you are traveling to, you will have more possibilities with one card or another. We recommend that, before traveling, observe in your destination country which of the two entities has the greater scope. Even so, the one who completely outperforms this competition is VISA. You'll see why we tell you:


Visa leads the way because it is accepted by more than 30 million merchants around the world. And it has more than 2 million ATMs.

Instead, MasterCard is accepted in 20 million businesses and works with more than 1 million ATMs around the world. Beyond these differences, you will never run out of possibilities to make your transactions with VISA or MasterCard.

For this reason, we recommend that you place greater emphasis on more practical issues when choosing the card you will use to travel:

1.Look for the lowest annual maintenance cost

2.Fundamental: the travel insurance that includes

3.Does it offers you discounts on purchases or rentals?

4.You will have to pay commissions, take it for granted. But let them be the least possible. For example: When you change currency, by withdrawing cash from the ATM, the branch also charges you when you withdraw money, when you request a loan you pay commission.

Finally, we recommend that before traveling you see the advantages of doing it with Visa or MasterCard. Most of the banks work with both, so you will have to see discounts, commissions, issuance fees, maintenance, the interest rate that card issuers offer you.

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