Mastercard

A credit card payment system formed from the ICA (Interbank Card Association), and now with over 20,000 Worldwide banks as members. When you are offered a credit card, it will usually either be a Mastercard or a Visa, although other credit cards include American Express, Diners’ Club, Discover and JCB. You are very unlikely to notice any major difference between levels of acceptance for Visa or Mastercard at retail outlets, although some banks and cash machines will only enable cash advances of one card type – for example Halifax and many other former building societies will only do Visa cash advances.

For more financial terms, please visit our mortgages glossary, or our general financial services glossary.

newsnews rss
credit Card news
Virgin Credit Card helps holidaymakers save - Fri, 26 Jun 2009
Brits reduce credit card spending - Thu, 25 Jun 2009
Credit card spending on the up - Thu, 18 Jun 2009
More News
Credit Crunch Savers
HSA Dental Plan
Get covered from £7.70 per month
Income Protection Insurance
Get an instant quote with the award winning company
Amex Cash Back
Credit Card
Get 5% cash back on purchases with Amex
Virgin Credit Card
0% APR on balance transfers for 16 months