You Can Have Multiple Visas or MasterCards
We frequently receive inquiries from visitors along these lines:
“I currently have a Visa card, but I want to apply for one with a 0% interest rate. Can I apply for another Visa offer?”
The answer is yes. Visa and MasterCard are credit card networks, not credit card issuers. Therefore, you could theoretically have 10 or more Visa cards from different issuers.
Plus, with many issuers, you can have multiple cards. I personally carry three American Express cards and know many others who do the same.
Now, when you are applying for a credit card with a 0% interest rate to do a balance transfer, you should apply for a credit card issued by a different company than the one(s) you carry a balance with. For example, if you carry a balance on a Bank of America credit card, you could do a 0% balance transfer with a Chase or Discover credit card. However, you can’t transfer a balance from one Bank of America credit card to another and still get a 0% APR.
Below is a list of the major companies that offer Visa and MasterCard credit cards with links to their respective offers on SmartCreditChoices.com:
