What is the difference between MasterCard & Visa?

There isn't much of a difference between Mastercard and Visa when it comes to acceptance. Both card networks are accepted in more than 200 countries and territories, and almost every merchant that takes credit cards accepts both Visa and Mastercard. Mastercard does have a slight advantage over Visa in terms of worldwide acceptance.

Are Visa & MasterCard the largest credit card network?

However, Visa and Mastercard are far and away the largest credit card networks in operation today, with both brands offering three different tiers of credit cards through their partnerships with banks, travel companies and other organizations.

What are the benefits of using a Visa & MasterCard card?

As card networks, Visa and Mastercard work with banks and financial institutions to process debit and credit card payments, but they don’t issue any cards themselves. The benefits cardholders care about the most, like rewards, rates and fees, aren’t dependent on whether you’re using a Visa or Mastercard.

What is a World MasterCard®?

World Mastercard®: These cards are the middle tier of Mastercard's lineup, boasting more benefits, many of which are focused on travel. Similar to the Visa Signature® tier, an applicant must get approved for a credit limit of $5,000 or more to get a World Mastercard®.