Today’s post is the third and final post in my series on consumer advice from credit card companies. Earlier this week, I examined Advice From Amex and Advice From MasterCard.
Today Is Visa’s Turn
While Amex had a very simple site, and Mastercard had a really slick one, Visa has buried their site under a menu. First, you have to click on “Using Visa”, and then you get many options, one of which is “Personal Finance Resources”. Then, they reference you to another site called “Practical Money Skills For Life,” a site is created by Visa.
What They Get Right
On the Visa.com site, I give the kudos for laying out the disadvantages of credit cards somewhat clearly:
- Potential higher cost of items (interest and finance charges, other fees) if paid back over time.