Which Credit Card Is Better, Visa or MasterCard?


Quick Answer

Visa provides slightly better perks for its users than MasterCard. Using a Visa to rent a car offers better loss of use when insurance is purchased, and Visa offers a better return protection policy than MasterCard.

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Full Answer

Loss of use allows individuals renting a car to rent another car of equal value if the first vehicle is taken out of commission for any reason. MasterCard provides up to $500 in loss of use coverage, while Visa provides coverage equal to the value of the original vehicle, regardless of the cost.

Return protection refers to the ability to receive a refund on an item that the cardholder attempted to return to the merchant it was purchased from. If the merchant doesn't accept the return, the cardholder may be eligible for a refund from their credit card. Visa offers this service on more cards than MasterCard.

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