The AeroMexico Visa Signature card is designed to help those who travel frequently and infrequently by saving them money. For every purchase, One Club Premier Miles are earned and they can be redeemed toward airfare and more. There are also discount opportunities, as well as exclusive dining and shopping experiences.
The AeroMexico Visa Signature card is a credit card that is issued by U.S. Bank and it gives those wishing to save money on travel the opportunity to do so.
First of all, cardholders are able to use their One Club Premier Miles toward their travel so that they can save on AeroMexico airfare. Cardholders earn one mile for every $1 spent. However, there are a number of opportunities to earn double miles for every dollar spent.
Cardholders also receive bonus miles after the card is used the first time. Once these bonus miles are applied to the account, they can be immediately used. There is also a Complimentary Companion Ticket awarded when the card is used the first time. Each year the card is renewed, more bonus miles and another Companion Ticket valued at a specific amount is added.
To renew the card, there is an annual fee that begins with the second year. It is waived as an introductory offer the first year, so the bonus miles and the Complimentary Companion Ticket are free with the first use of the card. Other free features that cardholders receive include access to special dining privileges, premium offers that are subject to change throughout the life of the account, access to the Visa Signature Concierge, and there is no preset spending limit.
Account Access & Protections
Accessing and managing the account is rather easy in that customer service can be accessed over the telephone and the Internet. This allows for 24/7 access from anywhere in the world and on your time. Through customer service, you can obtain information regarding your balance, transactions, and points. You can also make payments. The same information can be acquired online, but you can evaluate your account in your own time and at your own pace.
In addition to this account access, cardholders receive Visa Signature Concierge access so that they can have certain tasks carried out for them, such as gift purchases and other allowable tasks.
For the cardholder's protection, there is fraud protection in place. Fraud protection keeps an eye on the card for fraudulent activity. An example of fraudulent activity is when the card is used one minute and then the number is used again in an hour in an area that is 500 miles away. This is a telltale sign of fraud and U.S. Bank has put measures in place to prevent as much of it as possible. If fraudulent charges are made to the account, there is a Zero Fraud Liability policy that goes into effect, but the company has to be contacted as soon as fraudulent charges are discovered so that they are taken care of.
In addition to points being redeemed for AeroMexico airfare and the card allowing for discounts on airfare, there are travel and shopping benefits, such as the emergency travel assistance. This covers you in case your card is lost and you need emergency cash. The card is also immediately replaced so you are not left without a card. There is also accident insurance that covers you, your traveling spouse, and traveling children. These benefits are only received when the card is used to purchase your tickets.
The travel benefits allow cardholders to receive discounts on their tickets and the trips as a whole with the shopping, entertainment, and sports savings that are received. Cardholders even receive a auto rental collision damage waiver that can be used in place of the rental company's damage waiver. This will save money on the rental.
The card cost is mainly in the way of APR, which is standard on the high end and competitive on the low end. The exact APR is going to depend on a person's creditworthiness and the Prime Rate. APR can be avoided on purchases if the balance is paid in full by the due date of each month. APR for balance transfers and cash advances is applied at the time of the transaction, as are cash advance and balance transfer fees. The fees are a percentage of the transaction or a minimum dollar amount, whichever is greater.
The types of transactions include convenience check cash advance, ATM cash advance, traditional cash advance, cash equivalent advance, and foreign transactions. Each of these fees is charged as a percentage of the transaction or a minimum dollar amount, whichever is great. In the case of foreign transactions, the percentage is slightly higher for transactions or ATM advances that are performed in a foreign currency rather than U.S. Dollars.
If the payment is late, then there is a late fee and there is a fee for returned payments. If a returned payment causes a payment to be late, then both fees may be assessed to the account.
There is no overlimit fee because the card has no preset spending limit. This doesn't mean that there is no credit limit to the card, but it means that cardholders do not have to worry about going over credit limits. Because of this, there is no fee.
Lastly, as stated before, there is an annual fee. This fee is not charged the first year, but it is charged every year after that. Each time the account is renewed, bonus miles and another complimentary companion ticket is awarded to the account. The complimentary companion ticket is valued higher than the annual fee on the card, as the annual fee is rather low compared to competing cards.
The AeroMexico Visa Signature card card saves money rather than accrue high fees, making it a card that is friendly to travel with and use at home. As purchases are made, miles are earned that can be redeemed for AeroMexico flights. There are opportunities to save on various purchases, as well as take advantage of exclusive benefits.