Types of Credit Cards | MasterCard | Visa

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MasterCard, Visa and American Express

MasterCard

This brand of global card payments network provides services to financial institutions around the world. These institutions use MasterCard brands such as MasterCard, MasterCard® PayPass™, Maestro® and Cirrus® to provide their own financial credit services.

MasterCard does not issue any cards. The financial institutions using MasterCard services issue the credit cards and decide on their own solutions available to their clients.

MasterCard is accepted at more than 24 million pay points world-wide.

Take a look at Nedbank MasterCard options available, and apply for a MasterCard.

Visa

The Visa brand offers global financial services and runs the largest network of electronic payments in the world. Visa links over 13,300 financial institutions and circulates over 520 million cards in the world.

The company operates the world's largest retail electronic payments network and is one of the most recognized brands of global financial services, offering credit, debit and pre-paid products to clients.

Visa is accepted at over 6.9 million pay points world-wide.

Take a look at Nedbank Visa options available, and apply for a Visa card.

American Express®

American Express (or AMEX) is a credit card issuing financial institution and provides personal credit cards, financial services, travel services and Forex services around the globe. The company is different from MasterCard and Visa as American Express issues its own cards and does not use financial institutions to manage its relationships with merchants.

Take a look at American Express options available and apply for an American Express card.

Credit Card calculator

Calculate the total outstanding amount on your credit card, excluding any budget payments, and work out how long it will take to pay off this amount. Alternatively, calculate what your repayment would be if you’d like to pay off the outstanding amount during a specific period.

Your outstanding balance:	R
Interest rate on your credit card:	%
Monthly payment:
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Payment term (in months):




Please note, the minimum payment due on your credit card can always be found on your credit card statement. This calculator is merely a guideline and calculations shown here is not necessarily the minimum payment due by you for a specific month, but rather the basis for calculating a minimum monthly payment or the payment term.