Discover and American Express, however, don’t get as much love. Let’s take a look at how Discover and American Express acceptance compares both at home and abroad. For domestic purchases. The payment network linked to your card — Visa, MasterCard, Discover and American Express — determines where you can use it. Not all merchants accept cards from all networks.
If you have a high balance on a store credit card with a 21% APR, for instance, you may be able to transfer that debt to a credit card with a lower rate during the introductory period, saving you money on interest—and possibly helping you pay down your debt faster.
Capital One is a Fortune 500 bank that has been expanding its financial offerings over the years to become one of the largest banks in the U.S. It continues to grow its consumer programs with the Capital One® Quicksilver VISA card, a popular offering for those wanting flexible cash-back benefits.
Like the Chase Freedom ® card, Discover it® makes you subscribe to the 5% bonus place each quarter. You can set up email reminders, but it’s still a hassle to actively opt-in instead of being about to set that on auto pilot. So, again, this isn’t a card where you can passively earn cash back.
The good news: A secured credit card, which requires a refundable security deposit in exchange for a line of credit, could be the solution. Lenders may be more willing to issue secured credit cards to less qualified borrowers because the deposit will be used to cover the balance if it goes unpaid.