Financial Planning for Generation X & Y Women
 
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Expert Q&A Archive

01/10/2008
Why isnít the Discover Card used as widely as Visa and MasterCard?
Why isnít the Discover Card used as widely as Visa and MasterCard?
Bettye J. Banks:
expert info »
Discover is a relatively new product in the major credit card industry. Visa and MasterCard were well placed as accepted cards long before Discover came on the scene. Discover is building its niche successfully and has grown substantially for a "new kid on the block". Look for its continued growth.
Jody Rorick, CPA:
expert info »
Discover isn't recognized internationally as much as VISA and MasterCard, probably because of less name recognition, but it seems Discover is trying to catch up by not charging foreign transaction fees.
 

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