Credit Card Study

General
What are Credit Cards
Advantages of Credit Cards
Applying for a Credit Card
Children and Credit Cards
Credit Card Terms and Fees
Credit Cards - The Right Tool for Merchants
Credit Cards as a Credit Instrument
Credit Cards Codes and Numbers
How Many Credit Cards are Enough
How to Select the Right Credit Card
Interest Rates for Credit Cards
Online Credit Card Usage
Risks of Credit Cards
Using Credit Card Overseas
Where to Use a Credit Card
Zero Rate Credit Card or Not

Major Credit Card Issuers
Wamu credit cards
American Express Credit Cards
Capital One Credit Cards
Chase Credit Cards
Citi Credit Cards
Diners Club Credit Cards
Discover Credit Cards
Mastercard Credit Cards
Visa Credit Cards

Credit Cards and Debt
Avoiding Credit Card Debt
Bad Credit and Credit Cards
Credit card debt consolidation
Credit Card After Bankruptcy
Credit Cards and Credit History
Getting Out of Credit Card Debt
Filing For Bankruptcy
If a Credit Card Issuer Sues You
The Optimal Credit Card Balance
Credit Card Debt Refinance

Credit Cards and Fraud
Avoiding Credit Card Fraud
Credit Card Fraud Protection for Merchants
Famous Credit Card Frauds
Famous Credit Card Law Suits
How Credit Card Issuers Cheat
Merchant Credit Card Fraud
Protect Your Card
What to Do in Case of Identity Theft
How Consumers Cheat

Types of Credit Cards
Business Credit Cards
Debit Cards vs. Credit Cards
Low Interest Credit Cards
Rewards Credit Cards
Secured Credit Cards
Student Credit Cards
Types of Credit Cards
Unsecured Credit Cards
Zero Credit Cards

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Diners Club Credit Cards

Diners Club International is another long-term player on the credit card market. Similarly to American Express, Diners Club is mainly a travel and entertainment credit card, though in fact you can use it for any other purpose at the places where it is accepted. Diners Club is not so popular and widely accepted as Visa and MasterCard are but still it is one of the major, internationally recognized credit cards, especially after an agreement with MasterCard was signed in 2004.

The agreement with MasterCard is valid only for Diners Club cards issued in the United States and Canada and according to this agreement, in the US and Canada Diners Club cards are accepted everywhere a MasterCard is accepted. For other locations in the world this is not the same, so if you are traveling abroad and plan to use your Diners Club card as the main or sole means of payment, you'd better check in advance if it will be accepted in the location where you are going to. One of the major issuers of Diners Club cards is Citibank, so if you already have a Citi credit card, it might happen to a Diners Club card.

Another important characteristic that is worth mentioning is that in many cases Diners Club is not exactly a credit card. It is a charge card, which is slightly different. The difference is that you will be allowed to buy on credit but you have to repay your whole balance by a specified date (usually it is 30 days, though different terms are possible, so check what is written in your card holder agreement). Also, sometimes it is possible that you do not have a credit limit at all, so you can make expensive purchases, provided you can repay back the whole amount by the due date.

Of course, there are many Diners Club credit cards that are issued worldwide as well but when you apply for one, you need to pay attention that you are applying for the credit card and not for a charge one. If you see one interest rate for the first 6 or more months and a different one for the next 36, 48 or more months, chances are that you are applying for a Diners Club credit card but still it does not hurt to check again.

Although Diners Club is accepted at many locations worldwide, traditionally it is used for travel and entertainment at places like airlines, airports, golf clubs, lounges, etc. One of the most typical benefits of Diners Club cards is that it provides access to “Members-Only” airport & business lounges all over the world.

Diners Club is not intended for everyday use of individuals with low income, so if you are looking for a cheap, standard card, Diners Club is certainly not your choice. Additionally, like most of the other credit cards, Diners Club also charges fees when used at an ATM to withdraw money, so using it as a debit card is also not very reasonable. In different countries worldwide Diners Club offers different cards, so you may want to check what is available for your country.