Whats the difference between MasterCard, Visa, and American Express? How do you know which one to select?
There is no real difference between Visa and Mastercard, they are both accepted everywhere, however American Express costs more money to accept, so not all merchants accept them. Another misconception is that American Express cards have no preset limit, which a lot don’t, however, AMEX does have cards with a preset limit. American Express cards have a better rewards program than Visa or Mastercard. The best cards have no annual fee, and a low interest rate, you will find some good cards, so then judge by the rewards that interest you the most.