Card Issuers 28 August 2013 at 4:26PM in Stoozing: free cash from credit cards 2 replies 1.6K views

GAILEY

Can sombody answer this for me please?
I currently have a 0% interest card, issued by Tesco through Mastercard.
I am thinking about another card application - if the new credit card provider was also Mastercard would that affect the credit limit I was offered, or doesn't it work that way?

rb10

The network (i.e. Visa/Mastercard) makes no difference at all ... they are not lending you any money.

It is the issuer (i.e. Tesco) that's bearing the risk. So you probably wouldn't get another Tesco card.

But applying for any other card ... it would make no difference at all whether it's Visa or Mastercard.

billchecker1

rb10 wrote: »

The network (i.e. Visa/Mastercard) makes no difference at all ... they are not lending you any money.
QUOTE]

Unless its American Express of course!