Does Capital One Offer Visa, Mastercard, or Both?

Capital One offers credit cards that use both Visa and Mastercard. The bank has an extensive list of credit card products available for borrowers with different credit scores. Some of Capital One's credit cards require annual fees, although many do not.

Capital One offers a total of 33 different credit cards targeting consumers, businesses, and students. Here are a few examples:

• The Capital One Venture X credit card is a Visa card aimed at heavy travelers. Those who spend $4,000 within the first three months receive 75,000 bonus miles, and every cardholder receives another 10,000 bonus miles once a year. Cardholders also receive a $300 annual travel credit for bookings through Capital One Travel, as well as access to Capital One Lounges and other perks. The Venture X card carries a $395 annual fee.
• The Capital One SavorOne credit card is a Mastercard with no annual fee tailored for those who spend a lot on dining, groceries, and streaming services. Cardholders receive 3% cash back on dining, grocery stores, and streaming services, as well as 1% cash back on everything else. Other perks include discounts at Capital One's Cafés, instant purchase notifications, and travel benefits.

There are two major developments that could change things for Capital One cardholders. First, Visa and Mastercard recently reached a settlement with merchants that opens the door for retailers to charge customers fees based on the type of credit card they use. Capital One's Venture X card, for example, is a Visa Infinite card that carries higher swipe fees for merchants. If you have a premium credit card through Capital One, you may soon see extra fees tacked on at the register.

Second, Capital One is in the process of acquiring Discover. Discover is both a bank and a payment network, with its Discover cards an alternative to Visa, Mastercard, and American Express. If the deal goes through, it's possible that Capital One will shift toward issuing Discover cards and dial back use of Visa and Mastercard.

You'll need to read the fine print when applying for a Capital One credit card to know for sure which payment network it uses. With Capital One offering both Visa and Mastercard credit cards, the bank has something for everyone.

If you want to take control of your finances and get a handle on where your money goes each month, Latwy offers a free 30-day trial.