Eli5: the difference between Visa credits master cards etc.

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So like the title says I really dont understand why all the credit cards have different titles, what do they offer that’s different etc.?

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Anonymous 0 Comments

Visa, Mastercard, Discover, Diners Club, American Express, etc. – they are different companies that offer credit card products (among other things). Some of what they offer is nearly the same across all or most of the companies, and there are some key differences. The different companies have different customer bases and credit/consumer risk tolerances, some are more reward-based, some have different products for different market segments, but they all do basically the same thing.

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