A Comprehensive Guide on MasterCard – All You Need to Know
Before you go out there and start applying for credit cards, you should conduct thorough research on the availabilities. There are several top credit card companies, include Discover, MasterCard, Visa, Citi Simplicity, Capital One, and Blue Cash Preferred. Each credit card offers unique benefits that encourage customers to spend more. Focusing specifically on the MasterCard, customers can earn points and rewards for purchases. Learn more about the MasterCard by reading the article below.
Payment Date Options
In an effort to help its customers make their payments on time, Capital One is allowing them to pick their payment date. This option is quite helpful for customers who only get paid once or twice a month. Set your payment date according to your payday. So, your payment will never be late and be penalized with high late payment fees.
No Annual Fees
Most credit card companies charge annual fees. The amount of these fees will vary from one company to another. Fortunately, Capital One does not charge such fees. So, customers can spend more freely without being plagued with additional fees.
Travel Rewards
Whether you are a frequent flier or not, if you have a MasterCard, you may be encouraged to take more vacations. Every time you purchase with your MasterCard, you will be rewarded with points. These points can be exchanged for free airline miles. If you save your points, you could earn a free trip to anywhere in the world.
About The Company
Most people know the name MasterCard because of credit cards. However, you need to understand that MasterCard is actually a company as well. In fact, it is a multinational financial services corporation. The company is currently based out of Purchase, New York. It was originally founded in 1966. It has been one of the leading providers of credit cards for nearly 40 years. After all, the company was originally founded as Interbank Card Association. It changed its name to MasterCard in 1979.
In 2017, it was estimated that the company generated nearly $12.5 billion in revenue. That is very impressive. If you’re dealing with MasterCard, you can pretty much guarantee that you’re going to be getting a decent deal.
Many Types
One thing to note is that this company offers many types of cards. They offer credit cards and prepaid cards. If you’re going to acquire the OCBC Klia Premium Lounge Credit Card, you will be getting a MasterCard. They offer many unique types of cards that are well beyond those mentioned above. For instance, they work with companies specifically to design their cards. They also offer cards that have been decorated to celebrate a sports team or historical event. MasterCard might be limited in its services, but the company definitely knows how to innovate.
Summary
Over the years, MasterCard has grown into an enormous corporation. That isn’t going to change anytime soon. If you’re going to be acquiring a new credit card in the future, you should indeed consider getting a MasterCard. After all, it offers numerous perks that cannot be found anywhere else.
