The best Visa Signature rewards card is the Chase Sapphire Preferred® Card because it offers a bonus of 80,000 bonus points for spending $4,000 in the first 3 months. In addition, cardholders can transfer points to over a dozen hotel and airline loyalty programs at a 1:1 ratio. Chase Sapphire Preferred also offers 1 - 5 points per $1 spent on purchases. The card has a $95 annual fee. And there’s a $0 foreign transaction fee.
More info about Visa Signature benefits
All Visa cards offer benefits such as roadside dispatch and zero fraud liability. But Visa Signature cards come with additional benefits not available on traditional Visa credit cards. Among them are extended warranty, emergency transportation assistance, lost luggage insurance and more. These are on top of any issuer-specific perks a card may offer.
The Capital One Venture Rewards Credit Card is another good Visa Signature rewards card. It has a bonus of 75,000 miles for spending $4,000 in the first 3 months. There’s a $95 annual fee. You’ll also earn 2 - 5 miles per $1 spent on purchases.
The Visa credit card benefits come in three tiers: Traditional, Signature and Infinite. Traditional benefits are standard on all Visa cards. They include emergency card replacement, roadside assistance and zero fraud liability.
Visa Signature cards have an additional layer of benefits. You’ll get extended warranties and year-end summaries. Plus, there’s travel and emergency services. They give you access to transportation assistance, ticket replacement, lost luggage location, medical and legal referral assistance, and more.… read full answer
The third tier of Visa credit card benefits, available on Visa Infinite cards, includes return protection, lost luggage reimbursement, travel accident insurance and more.
Traditional Visa credit card benefits:
Roadside Dispatch: Provides access to Visa’s pay-per-use roadside assistance program. Call (800) 847-2869, 24/7, for assistance with towing (up to 5 miles), jump starts, tire changes, locksmith services and up to 5 gallons of fuel. A $69.95 fee applies to all service calls.
Zero Liability: Protects you against fraudulent use of your card. You’re not liable for any unauthorized purchases made on your card as long as you promptly report any suspicious charges.
Lost or stolen card reporting: Replaces your lost or stolen Visa card at no charge and blocks your old card from additional use.
Emergency Card Replacement: Visa will work with your issuer to replace damaged or unusable cards within one to three business days.
Emergency Cash Disbursement: Visa will contact your bank to have cash made available to you within hours after the bank approves.
Cardholder Inquiry Service: Call (800) 847-2911 with general inquiries on your card’s benefits. Customer service provides benefit information 24/7.
ID Navigator: ID Navigator Powered by NortonLifeLock provides you with the tools to help keep you informed of potential threats to your identity so you can act quickly.
If your card is a Visa Signature, you’ll get all of the basic Visa credit card benefits but will have access to several more.
Visa Signature credit card benefits:
Travel and Emergency Assistance Services: Access to numerous types of assistance to aid you when you travel. Services include emergency transportation assistance, ticket replacement, lost luggage location, medical and legal referral assistance and more. Available 24/7.
Concierge Service: Provides 24/7 assistance with services such as hotel bookings, making travel arrangements, and reserving sports and entertainment tickets. Cardholders are responsible for the cost of any purchases.
Year-end Summary: Provides a detailed report of your card’s spending for tax and financial planning. Transactions are organized into categories such as travel, restaurants, gas and medical expenses.
All Traditional Visa benefits
Visa Infinite cards are the peak of Visa credit card benefits, and include some of the most valuable perks like travel insurance.
Visa Infinite credit card benefits:
Auto Rental Collision Damage Waiver: Covers your rental vehicle against damage or theft, up to the vehicle’s full cash value. Coverage is good for rentals of up to 15 days in the U.S., or 31 days internationally. You must decline the rental agency’s coverage and charge the entire rental to your Visa card. Vehicles such as motorcycles and SUVs, among others, are not covered.
Travel accident insurance: Insures you up to $500,000 if you’re disabled or suffer an accidental death as a passenger on certain licensed carriers. Includes airlines, trains, boats, buses and more.
Trip Cancellation, Interruption Reimbursement: Provides reimbursement up to $2,000 per trip for the non-refundable cost of your fare. Coverage applies if you have to cancel or interrupt your trip. Instances typically not covered include pre-existing conditions and being under the influence of non-prescribed drugs or alcohol.
Trip Delay Reimbursement: Pays up to $500 per ticket for reasonable expenses incurred if your flight is delayed by more than 6 hours. You’re also covered if the delay requires an overnight hotel stay.
Lost Luggage Reimbursement: Covers up to $3,000 per trip for lost or stolen luggage ($2,000 in New York). Applies to checked and carry-on luggage and its contents. Some items, like medical equipment, are excluded.
Extended Warranty: The Warranty Manager Service adds an additional year to existing manufacturer warranties of 1 to 3 years. Motor vehicles, computer software and medical equipment are among the items not covered.
Return protection: Reimburses you for new, working items that you tried and failed to return to a store, up to $300 per item. Helps recover costs within 90 days of purchase.
Purchase Security: Items purchased with your card that get damaged or stolen within the first 90 days are eligible for repair, replacement or reimbursement. Covers up to $10,000 per claim and $50,000 per year. If the item is stolen, you must file a police report within 48 hours.
All Visa Signature benefits
Some issuers may have similar higher-tier Visa credit card benefits on some lower-tier cards. Refer to your credit card’s guide to benefits or contact your issuer for terms and conditions and specific coverage amounts.
Auto rental discounts from GroundLink and Silvercar
Visa Signature Luxury Hotel Collection discounts
Shopping and travel protection
A thing that could be both good and bad is that the Signature has no clear credit limit for its customers. While some extra money might come in handy in case of an emergency, not knowing your credit limit might hurt your credit if you cannot control your spending.
If you're approved for a Capital One credit card, you'll receive either a Visa Platinum or Visa Signature version of the card, depending on your credit score and annual income.
Chase Sapphire Visa cards are accepted by millions of retailers in over 200 countries and territories. Almost every merchant that takes credit cards accepts Visa. And most people with a credit card have a Visa. There were 337 million Visa credit cards in circulation at the end of 2018. That’s about half the total market and more than the total population of the United States.
Having a Chase Sapphire Preferred or Chase Sapphire Reserve also entitles you to a wide range of Visa benefits. This includes, for example, rental car insurance, travel insurance and low currency conversion rates for international purchases. In particular, you’ll enjoy Visa Signature benefits with Chase Sapphire Preferred, while Chase Sapphire Reserve comes with Visa Infinite benefits. Visa Infinite provides some additional perks, including extended travel insurance and a special concierge.
So it’s good that Chase Sapphire Preferred and Chase Sapphire Reserve are on the Visa network. Both also stand out among Visa cards because of their great rewards as they are among the best travel rewards credit cards on the market. Chase Sapphire Preferred, for instance, offers 80,000 bonus points for spending $4,000 in the first 3 months. Plus, it earns 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. And it also features a $0 foreign transaction fee, which makes it an ideal travel companion.
For what it’s worth, credit cards do change card networks from time to time. If your network ever changes in the future, you’ll automatically be issued a new card.
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