Most Universally Accepted Credit Cards
Author: 84s10
Posted: Wed Jul 07, 2004 4:14 pm
Post subject: Most Universally Accepted Credit Cards
2/15/2002 10:16 pm CDT
In one were going to get a credit card and wanted to get a card that is accepted for transaction in the most places (in the United States)...would it be a VISA, MASTERCARD, American Express, or what...? Been trying unsuccessfully to find some statistics on this...I would assume the most widely accepted card is Mastercard, then VISA...just based on observation of places I frequent.
Does anyone know if there are some statistics available on this and where I could find 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: Dr. Bill Lavinski
Posted: Wed Jul 07, 2004 4:15 pm
Post subject: Most Universally Accepted Credit Cards
2/16/2002 4:07 am CDT
Well...assuming I understand your question, Mastercard is the most universally accepted card in the world. American Express, Diner's Club and even Discover card are the least accepted. Merchants pay a small percentage on every trnasaction on Bank Cards (American Express and such are NOT BANK CARDS). Simply put, they cost the merchant TOO much money to bother with. American Express is starting to lose its luster and has been suffering great loses all over the world. People with good credit refuse to pay annual fees anymore and their "Blue" card layed an enormous egg (seems their "smart" chip wasn't).
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 Jul 07, 2004 4:14 pm
Post subject: Most Universally Accepted Credit Cards
2/15/2002 10:16 pm CDT
In one were going to get a credit card and wanted to get a card that is accepted for transaction in the most places (in the United States)...would it be a VISA, MASTERCARD, American Express, or what...? Been trying unsuccessfully to find some statistics on this...I would assume the most widely accepted card is Mastercard, then VISA...just based on observation of places I frequent.
Does anyone know if there are some statistics available on this and where I could find 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: Dr. Bill Lavinski
Posted: Wed Jul 07, 2004 4:15 pm
Post subject: Most Universally Accepted Credit Cards
2/16/2002 4:07 am CDT
Well...assuming I understand your question, Mastercard is the most universally accepted card in the world. American Express, Diner's Club and even Discover card are the least accepted. Merchants pay a small percentage on every trnasaction on Bank Cards (American Express and such are NOT BANK CARDS). Simply put, they cost the merchant TOO much money to bother with. American Express is starting to lose its luster and has been suffering great loses all over the world. People with good credit refuse to pay annual fees anymore and their "Blue" card layed an enormous egg (seems their "smart" chip wasn't).
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 1:42 PM
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