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U R @: Learning Center : Credit Card NetWorks : MasterCard
MASTERCARD
MasterCard is the second most recognizable card in the world, and is accepted worldwide. MasterCard does not issue credit cards directly to individuals; instead, they work with financial institutions and merchants to ensure a customer relationship.
MasterCard is known globally as MasterCard, Cirrus and/or Maestro (all registered names of MasterCard).
There are numerous MasterCard Cards to choose from and you can apply for a MasterCard through your bank. For a pre-paid MasterCard card, you can stop by a gas station, sign up through the internet or also stop by a financial institution. There are MasterCard Credit/Debit cards for bad credit, excellent credit good credit, for students, and for businesses.
For example, there is the Citibank Citi Platinum Card. This card can be issued by either MasterCard or visa. There are other numerous MasterCard cards from Citi, such as the Student Cards, the Platinum select cards, the Platinum dividend cards, the business cards, the travel cards, the sheer rewards cards, the credit cards for bad credit, etc. For Citibank customers with a savings/checking account, there is the Citibank debit card. This can also be branded by VISA or by MasterCard.
If you are looking to get a MasterCard credit card for bad credit then there is the Orchard Bank Silver MasterCard. This card has a $49.00 annual fee, periodic credit line increases, and a low variable APR of 8.9%.
When you use your MasterCard card out of your country of signup, there is a 1% charge on every currency transaction. MasterCard also offers certain insurances that are very useful for travelers. This and other important information is given with your credit card agreement.
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