Creation to offer Visa cards soon?

simax

13 months to the day. Never took balance above £1,000 in any month and always paid in full.

Got £80-odd quid cashback from them for the last year this month too

callum9999

melbell wrote: »

Just look at "World Mastercard" they are trying to market as an exclusive product.

Visa fees are cheaper yes. You'll some banks get discounts to use Mastercards systems such as MBNA and sub prime lenders.

Like Visa Signature then?

Then it isn't as simple as "visa fees are cheaper" - if some banks are getting Mastercard discounts, presumably lower than they'd pay for Visa, then Visa's fees aren't cheaper in that scenario!

guesswho2000

melbell wrote: »

Just look at "World Mastercard" they are trying to market as an exclusive product.

Visa fees are cheaper yes. You'll some banks get discounts to use Mastercards systems such as MBNA and sub prime lenders.

Much like Visa Signature and Visa Infinite? Widely available abroad, not so much here, admittedly.

I have two "World Mastercards", NatWest Yourpoints and Capital One Aspire World, which give similar rewards to my Barclaycard Freedom and Nationwide Select respectively, both plain vanilla Visa cards.

Additionally, a retailer cannot pick and choose what type of Mastercard they accept - they cannot refuse to accept a World MC (if they accept MC at all that is) - but will be charged the higher interchange on that type of card.

reclusive46

guesswho2000 wrote: »

Much like Visa Signature and Visa Infinite? Widely available abroad, not so much here, admittedly.

I have two "World Mastercards", NatWest Yourpoints and Capital One Aspire World, which give similar rewards to my Barclaycard Freedom and Nationwide Select respectively, both plain vanilla Visa cards.

Additionally, a retailer cannot pick and choose what type of Mastercard they accept - they cannot refuse to accept a World MC (if they accept MC at all that is) - but will be charged the higher interchange on that type of card.

Well they can, its just there not supposed to :P