The Citi Double Cash Card is a Mastercard. This means that you can use the card virtually everywhere in the world that accepts credit cards. Mastercard is accepted in over 210 countries and territories, and by millions of retailers.
But wide acceptance isn’t the only good thing about the Citi Double Cash Card. You’ll also get a range of features, including:
Rewards: You earn 2% cash back on every purchase (1% when you buy and 1% as you pay for those purchases).
Balance Transfer Offer: Intro APR of 0% for 18 months. After that, the APR will be 13.99% - 23.99% (V), based on your creditworthiness. This card has a 3% (min $5) balance transfer fee.
Citi Entertainment: Exclusive access to event ticket sales.
Identity theft support: You won't be held liable for unauthorized charges made on your card.
Concierge service: Helps you with travel planning, shopping, restaurant reservations and your everyday needs.
If you decide you don’t want to have a Mastercard and you are still looking for a credit card offering a 0% introductory rate for balance transfers, you might want to check out our editor’s latest picks for the best balance transfer credit cards.
Discover is neither a Visa nor a Mastercard. It’s more like an American Express card, but they’re not exactly the same, either. Discover is similar to Visa, Mastercard and American Express in the sense that all four are card networks. Each helps process payments for the cards on its network, determines where those cards can be used, and provides extra … read full answerbenefits such as rental car insurance. However, Discover is different from Visa and Mastercard in that most credit cards on the Discover network are issued by Discover. Visa and Mastercard aren’t issuers, so cards on their networks come from lots of different banks and credit unions. Amex, like Discover, is both a card issuer and a card network.
Here’s how Discover differs from Visa or Mastercard:
Discover is both a credit card issuer and a card network. Visa and Mastercard are networks only.
Visa and Mastercard are accepted in more than 200 countries and territories, compared to 185 for Discover.
Visa and Mastercard are accepted at 10.7 million U.S. merchant locations, versus 10.4 million for Discover.
Discover credit cards don’t have foreign transaction fees. Visa and Mastercard credit cards charge 0% to 3% of purchases processed internationally.
If you look at the front of your Discover card, you should see “Discover” with an orange dot for the “o.” Each network has a logo, so it’s easy to tell them apart. And while Discover cards are generally fine to use anywhere in the U.S., you might have trouble in certain countries abroad. So it’s probably best to have a backup Visa or Mastercard.
American Express isn't a Visa or a Mastercard. American Express, Visa and Mastercard are three of the four major card networks, the other being Discover. All four act as card networks, dictating where credit cards can be used and sharing responsibility for processing transactions, but American Express along with Discover also extend credit and issue cards directly to consumers. A credit card never has two networks, so you'll never see an American Express Visa card or an American Express Mastercard. Furthermore, lots of the credit cards on the Amex network are actually issued by American Express itself. The rest come from the likes of Bank of America, USAA, Citibank and BBVA Compass. Visa and Mastercard, on the other hand, don't issue any of the cards on their networks or any of the others.… read full answer
For a bit of background, card networks control where cards can be used and help process transactions. They also determine the fees merchants must pay when a consumer uses a card with their logo on it. And they provide cardholders with additional benefits like travel insurance and purchase protection. American Express is quite different from Visa and Mastercard, though.
American Express vs Visa and Mastercard:
In addition to being a card network, American Express issues credit cards (as does Discover) as well. Visa and Mastercard do not. So Amex actually has a lot more control over the cards on its network, at least in terms of interest rates, fees and rewards.
Visa and Mastercard are accepted at more than 11 million U.S. merchant locations. American Express added 1.6 million U.S. merchant locations in 2018, now reaching a total of more than 10 million.
Amex cards work in about 160 countries and territories. Visa and Mastercard are both accepted in over 200.
Some credit card issuers have American Express, Visa and Mastercard offers. Those issuers include U.S. Bank and Wells Fargo.
Citi, Chase, Bank of America, Barclays and Capital One issue Visa and Mastercard credit cards but not Amex cards.
PNC and TD Bank only offer Visa cards, and you may find banks that are exclusive to Mastercard, too.
American Express’s fraud liability policy is excellent, while Mastercard and Visa provide good coverage, according to WalletHub’s research.
So American Express doesn’t have the acceptance and reach of Mastercard or Visa. But it’s the go-to network for charge cards. And there are credit card offers on each network that could serve you well.
Best American Express, Visa & Mastercard Credit Cards:
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.