As you know, Visa and Mastercard are the two major credit card networks. While deciding between these two, you might need clarification as they have several similarities. Do you have Master or Visa credit cards in your wallet? This article will help you to decide which is better for you.
Benefits
Visa and Mastercard both offer similar fundamental features. These two are recognized as the World Elite level credit cards, whereas MasterCard contains stunning features, including luxury incentives for the customers.
To understand the detailed advantages each card offers, let’s check out this table below.
| Emergency Services | ||
| Visa | Mastercard | |
| Roadside Dispatch | Offered | Not Offered |
| Travel Assistance Services | Offered | Offered |
| Stolen Or Lost Card Reporting | Offered | Offered |
| Cash Advance | Offered | Offered |
| Card Replacement | Offered | Offered |
Let’s Look At The Travel Benefits Provided By Visa And Mastercard
| Visa | Mastercard |
| Visa Signature Luxury Hotel Collection provides perks and savings at more than 900 hotels | 3000+ properties across the globe in the premium hotel and resorts included in Mastercard |
| Offers travel safety measures and emergency support | Golf Concierge |
| Offers customers the privilege of access to the Priority Pass Lounge | Guarantee hotel stay by Mastercard |
| Offers services for cardholder inquiries |
These Are The Insurance And Purchase Protection Difference
| Visa | Mastercard |
| Liability-free policy | |
| Offer extended warranty coverage | |
| Offer compensation for lost luggage | |
| Offer compensation for the trip delay | Zero-liability protection for Mastercard |
| Incidental airline fees | |
| Travel accident coverage | |
| Theft protection in hotels | Anti-ID theft program |
| Cell phone safety | Cell phone safety |
| Price protection | |
| Return security and Purchase Security | |
| Baggage delay compensation |
Visa VS Mastercard: Which Is Better?
Suppose you need clarification about which one is better, Visa vs Mastercard. In that case, the reality is that both cards can be a good choice because both credit cards are accepted throughout the United States as well as Globally and have several valuable benefits.
You can choose the card based on your niche because both networks provide similar benefits. You may find some differences in credit card rewards structure or interest rates.
Mastercard provides insurance, ID theft, mobile device protection, exclusive event deals, concierge services, and many more.
Whereas Visa offers attractive benefits like a three-tier system, insurance, luxury hotel perks, emergency services, travel benefits, and many more, as mentioned above.
Frequently Asked Questions
Why Is Everyone Switching From Mastercard To Visa?
Despite having clear facts that both the cards Mastercard and Visa are accepted almost everywhere in the world. But still, you can’t deny that Visa cards have some extra advantages. You can avail of those benefits even being a most basic level cardholder. You can get the advantages like lost or stolen card reporting, disbursement of emergency cash, and zero liability.
Which One Is More Popular, Visa Or Mastercard?
As I told you before, both cards are popular and accepted globally. But the Visa card offers some attractive benefits from the basic level compared to Mastercard.
What Are The 4 Types Of Credit Cards?
If you notice my previous blog, What is a credit card? You will notice the credit card types in detail. There are different types of credit cards, including rewards credit cards, secured credit cards, standard credit cards, and Charge cards.
Which One Provides More Safety, Visa Or Mastercard?
Both cards are known for their tight security. Visa and Mastercard both provide zero fraud liability among all cards. So, if a cardholder faces any fraud issue, they will not be liable for money lost.
Conclusion
Like American Express and Discover, Visa and Mastercard are the two major card networks. None of these card companies issue credit cards themselves; they have various collaborations with different financial institutions to issue cards.
If you are fascinated with any of these cards, you can go with that. Otherwise, there is a similar difference between Visa and Mastercard.
