Credit Cards That are More Widely Accepted
Author: Alex
Posted: Wed Jun 09, 2004 4:10 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 2:54 pm CDT
Which cards are more widely accepted in the USA, AMEX or Discover? Which is a better card to have with Visa or Mastercard?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Ababykittyb
Posted: Wed Jun 09, 2004 4:10 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 3:50 pm CDT
VISA or Mastercard are each good. Not all companies accept AMEX or Discover. If you can get a Shell Mastercard, you can get credit for "free" gasoline.
Author: gpb
Posted: Wed Jun 09, 2004 4:11 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 6:15 pm CDT
the shell master card will be history after 1/26/03
Author: Eugeneb
Posted: Wed Jun 09, 2004 4:13 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 10:12 pm CDT
Which is a better card to have with Visa or Mastercard?
I know very few merchants who accept AmEx or Discover and do not accept Visa or Mastercard (Costco comes immediately to mind). If you have a V/MC, you already have everything that is accepted virtually everywhere credit cards are accepted. There's gotta be a better reason to need AmEx/Discover, or you don't need them.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouseb
Posted: Wed Jun 09, 2004 4:13 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 10:25 pm CDT
I carry all 4.
I have been to some stores/restaurants that take AMEX but not DISCOVERCARD. BUT more stores take DISCOVERCARD than AMEX that I shop at.
A lot take ALL 4.
Most gas stations take all 4.
You might want to just call or visit the 20 most used businesses and ask what cards they take from VISA/MC/AMEX/DISCOVER
Author: Artemisb
Posted: Wed Jun 09, 2004 4:14 pm
Post subject: Credit Cards That are More Widely Accepted
11/19/2002 3:49 pm CDT
I have both AMEX and Discover at very favorable terms. Never had trouble with AMEX (acceptance, available merchants) but I do not use these cards like cash. I use an ATM debit card for cash and they give me "cash back" for each withdrawal. I've had credit since 1977 and was probably one of the first women to be granted credit without a co-signer (father, husband, man down the street, etc.). My first card was issued by Chase Manhattan Bank and I've had a continuous relationship with them since that date and never any problems whatsoever.
DISCOVER is aggressively marketing their business and will offer very favorable rates to top borrowers, meaning, if you have credit with Chase, AMEX, Citibank, or any other large national bank, you will be offered favorable rates by "lower" echelon lenders.
I avoid these types of lenders because they are nothing but TROUBLE (see problems with CAPITAL ONE). I do not carry store cards, gas cards, or any other cards but AMEX, Mastercard, VISA, and Discover. If a lender raises their interest rates, I negotiate a better rate or I close the account if they decline. If you're going to rent money, you need to shop for the lowest rents possible.
It is quite easy to negotiate a favorable rate over the phone, especially if they call you and offer a deal. Top lenders will also waive annual fees if they want to retain your business and good will. I've been waiving annual fees on one of my accounts for over 10 years!
Always remember that lenders, like other for-profit businesses, are extremely competitive. They want to keep their best customers in lieu of future long term business and it pays to allow them to compete for YOUR business. Don't accept their garbage deal if you know you can do better elsewhere, and let them know that is what you'll do--go right to their competitors! Then the account rep will start pulling rabbits out of hats to win your business. I've done it many, many times and consider it a game. But you need to have excellent credit to play these games, so start early and it will pay off. Remember, one day you'll need good credit for something more important to you than a credit card account. That's when the payoff really kicks in.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Wed Jun 09, 2004 4:10 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 2:54 pm CDT
Which cards are more widely accepted in the USA, AMEX or Discover? Which is a better card to have with Visa or Mastercard?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Ababykittyb
Posted: Wed Jun 09, 2004 4:10 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 3:50 pm CDT
VISA or Mastercard are each good. Not all companies accept AMEX or Discover. If you can get a Shell Mastercard, you can get credit for "free" gasoline.
Author: gpb
Posted: Wed Jun 09, 2004 4:11 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 6:15 pm CDT
the shell master card will be history after 1/26/03
Author: Eugeneb
Posted: Wed Jun 09, 2004 4:13 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 10:12 pm CDT
Which is a better card to have with Visa or Mastercard?
I know very few merchants who accept AmEx or Discover and do not accept Visa or Mastercard (Costco comes immediately to mind). If you have a V/MC, you already have everything that is accepted virtually everywhere credit cards are accepted. There's gotta be a better reason to need AmEx/Discover, or you don't need them.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: mouseb
Posted: Wed Jun 09, 2004 4:13 pm
Post subject: Credit Cards That are More Widely Accepted
11/18/2002 10:25 pm CDT
I carry all 4.
I have been to some stores/restaurants that take AMEX but not DISCOVERCARD. BUT more stores take DISCOVERCARD than AMEX that I shop at.
A lot take ALL 4.
Most gas stations take all 4.
You might want to just call or visit the 20 most used businesses and ask what cards they take from VISA/MC/AMEX/DISCOVER
Author: Artemisb
Posted: Wed Jun 09, 2004 4:14 pm
Post subject: Credit Cards That are More Widely Accepted
11/19/2002 3:49 pm CDT
I have both AMEX and Discover at very favorable terms. Never had trouble with AMEX (acceptance, available merchants) but I do not use these cards like cash. I use an ATM debit card for cash and they give me "cash back" for each withdrawal. I've had credit since 1977 and was probably one of the first women to be granted credit without a co-signer (father, husband, man down the street, etc.). My first card was issued by Chase Manhattan Bank and I've had a continuous relationship with them since that date and never any problems whatsoever.
DISCOVER is aggressively marketing their business and will offer very favorable rates to top borrowers, meaning, if you have credit with Chase, AMEX, Citibank, or any other large national bank, you will be offered favorable rates by "lower" echelon lenders.
I avoid these types of lenders because they are nothing but TROUBLE (see problems with CAPITAL ONE). I do not carry store cards, gas cards, or any other cards but AMEX, Mastercard, VISA, and Discover. If a lender raises their interest rates, I negotiate a better rate or I close the account if they decline. If you're going to rent money, you need to shop for the lowest rents possible.
It is quite easy to negotiate a favorable rate over the phone, especially if they call you and offer a deal. Top lenders will also waive annual fees if they want to retain your business and good will. I've been waiving annual fees on one of my accounts for over 10 years!
Always remember that lenders, like other for-profit businesses, are extremely competitive. They want to keep their best customers in lieu of future long term business and it pays to allow them to compete for YOUR business. Don't accept their garbage deal if you know you can do better elsewhere, and let them know that is what you'll do--go right to their competitors! Then the account rep will start pulling rabbits out of hats to win your business. I've done it many, many times and consider it a game. But you need to have excellent credit to play these games, so start early and it will pay off. Remember, one day you'll need good credit for something more important to you than a credit card account. That's when the payoff really kicks in.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 4:57 PM
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