Credit Card 

Is a plastic card with a magnetic strip, a microchip and a number in relief. It is issued by a bank or financial institution that authorizes the person to whom it is issued, using it as payment in business attached to the system, by signing and displaying the card. 

Among the best known of the market are: Visa, American Express, MasterCard, Diners Club, JCB, Discover, among others. Large stores and warehouses of the world also issue credit cards to its customers. 
Users have limits on the amount they can charge, but is not required to pay the full amount each month. Instead, the balance (or "revolving") accrues interest. You can make only a minimum payment and pay interest on the outstanding balance. If you pay in full, no interest is paid. 
The biggest advantage is the flexibility it gives the user, who can pay their balances in full on your monthly due date or pay a part. The board sets the minimum payment and finance charges determined for the outstanding balance. Credit cards can also be used at ATMs or use a bank for a cash advance, although a. Unlike debit cards, interest is charged by the provision, commission and, in some countries, a tax because it is a loan. 
A credit card payment is a payment in money M1 (money lending) that as a whole than M0 monetary aggregate is not created by central banks but by private banks or shops that give credits. Therefore, the realization of a credit card payment depends on the creditworthiness of the issuer of the card. That money is NOT credit cardholder, you have to pay. 
When purchased with a credit card, usually the lender charges the account as to the place where the purchase is made. In giving consent, separate quantity, but the application until the position is for the purchase. There is a mode of payment which pays a portion of purchases each month. It can be without interest or with interest, depends on the plan. If you take the interest free payment plan and does not cover the full month payment, the balance becomes a common debt card and pay interest on it.Is usually charged an annual fee for the use of the card. 
When paying by card at the trade, the collector usually required identification (personal identification, drivers license, etc..) And requires the signature of the promissory note or voucher to prove that you own the card. There are some exceptions where it is not required to sign the receipt, this system is called "authorized without signature" and is often used in shops with large crowds, such as cinemas, fast food restaurants and similar places. In some countries requested the entry of a PIN to authorize purchases in person. 
In case of fraudulent use must give written notice to the bank or store that gives you the calling card to offset the charge and follow the procedures of each institution. The card issuer must demonstrate that the purchase has been made by the propietario.Las credit card purchases may be different on the balance financed insurance 

 

Card types

- Gold Card American Express: 
    According to the firm, this card customers benefit from a "personal service at the highest level." This means having a plastic without established credit limit in advance.The system works by allowing each specific transaction, according to the payment history and amount of expenses for each client. 
It also allows access to a comprehensive global coverage for travel insurance, establishing for example a user's maximum liability for loss of 25 euro plastic with repayment of the card in just 24 hours. 
It also has free protection tangible property purchased with the card, which includes all kinds of breaks. It also includes ensuring shop on the Web, protecting customers against fraudulent transactions online. 
With the Membership Rewards Club program, on the other hand, you can access various awards, which are the brand recognition of customer loyalty. The prizes include free flights to different parts of the world, stays in the most distinguished hotels, exotic travel packages and a wide range of gifts. 
Another important benefit is the International Airline Programme, which enables to achieve a free ticket with every two purchased with American Express Gold Card in the most recognized airlines. Coverage includes travel accident insurance up to 600,000 euros, in addition to covering up to 300 euros in case of lost luggage. 
The card can be domiciled in any bank, and takes up a $ 110 annual fee, a fee of 66 euros for each extension. Club Membership Rewards program is free during the first year, but from the second includes an annual fee of 29 euros.

Visa Platinum:

in this case, the same firm is defined as a card for distinguished users. Given this, it must meet quality standards and satisfaction that are not available to everyone. Global acceptance, high purchasing power and comprehensive service make it one of the options chosen by those entitled to the pursuit of excellence at all times, and that they do not support closing a single door ... 
Highly personalized attention are the owners of these credit cards, along with the best travel benefits in Platinum Visa make a real luxury experience. 

-Free admission to VIP lounges at the airports of the world, enjoying the tranquility and comfort. 

-Platinum-Advisory Service, which allows the client to forget about the organization of family travel and other related efforts. 
  
-Full-travel insurance for the family, protecting each member of the family since before the shipment to the home. 

-Discounts up to 46% on airline tickets and free ticket for a companion. 
  
-Specific rates in the major hotel chains in the world, as in the rental agencies most famous shot. 

-The Personal Service Travel Platinum Card is available to owners of this card for any inconvenience or family on a journey, with constant attention. 

-The travel insurance covers up to 1 million euros per person in an accident. 

Mastercard Business Card:

  And it is a credit card designed specifically to meet the needs of small businesses and independent professionals. Its main objective is to achieve better management and control of disbursements-consuming business.
Thus, to divide the personal expenses of the expenses related to the trade or profession, also making all business expenses are unified into a single card. It alsoallows access to any funding requirements.
Moreover, this plastic is possible to increase the credit limit, access to cashanywhere in the world and to carry out operations in more than 22 million business establishments through the five continents.
A customer service in multiple languages, covering travel accident and damage torented boulders are other access services to which the owners of a MasterCardBusiness Card.

 

MasterCard Corporate Card:

 Large companies, with continuous travel of staff and managers, are the public meant to Visa Corporate. Detailed summaries are provided for each member of staff, with explanation of each expenditure made, in addition to full health and legal services.This feature, which provides security holders when companies send business trip to their employees, make the Corporate Visa business credit card most used worldwide. 
        In this case the card in addition to providing benefits and effective access to shops around the world that were mentioned in the previous proposal, the card specializes in reducing benefit costs related to performances, travel and other similar procedures, which can be greatly reduced thanks to the management and control of this plastic. 
A detailed explanation of each of the transactions, together with the simplification of various financial actions, such advances or payments, are other tools offered by MasterCard Corporate Card. 
On the other hand, the Smart Data Online provides access on a daily basis to the transaction data of the company, with records going back one year and three months of the current date. This valuable tool also provides sectorized data by type of expenditures, business unit or business. 

MasterCard Corporate Purchasing Card:

  Is a plastic designed to control costs, virtually planned to replace the cash payment to suppliers, outsourcing and other issues. A great tool to organize andstreamline the company's expenses.
     This card is to gain time and save money by reducing by 70% the administrative burdens on the company, is just one aspect that gives this card, which of course alsohas the benefits mentioned in the other lines.
Direct purchases from suppliers, control of expenditure for each employee, buy fasterand lower error rates in administrative work are other great advantages of using thisplastic.

 

Executive Mastercard Card:

     Without doubt this is the alternative most distinguished group of business cardsand Mastercard business. Case that is designed for senior executives, whosebusiness is continuing travels around the world. Following this, combines all theadvantages of the above proposals with special benefits for executives.
In this way, you can access medical, dental, pharmaceutical and legal while on tour, ormanage flights and reservations to move with complete freedom in a country or even between different continents.

  This plastic is designed for small businesses. The monthly summaries, made to detail, facilitate the efforts of payments, travel and other normal procedures, as well as more viable liquidity of the firm.