The difference between the three biggest credit card providers and why I love mine

They say I’m unusually loyal when it comes to credit card providers. When Costco stopped accepting American Express cards, I actually cancelled my Costco membership (you can read about that here). Friends often laugh at me when we go out for dinner or drinks and I throw my Amex card on the table at the end of the night, while they’re struggling with their Visa debit or, even worse, cash. Laugh all you want – but be sure to read this article and then decide…

If you have a credit card in your wallet, chances are it has a VISA or MasterCard logo on it. What’s the difference? MasterCard and VISA rely on partnerships from different banks in the world. They don’t issue any card of their own – it’s all through their partner banks. VISA and MasterCard simply sell their payment methods, not their cards. MasterCard and VISA charge their partners, the banks, a fee for using their payment system. That’s how they make money. And they do it well – their payments systems are used by thousands of bank…