Cardholders always want flexibility with a credit card. They want rewards, no caps on miles, low fees, reasonable interest, and privileges. The Skypass Visa Signature credit card does all of those things for the cardholder, providing many money saving opportunities that helps the card pay for itself again and again.
The Skypass Visa Signature credit card is a powerful credit card that has purchasing power that is unique to its sector within the credit card industry. Through U.S. Bank and Korean Air and its partners, cardholders are given flexibility through no preset spending limits and no foreign transaction fees when traveling abroad.
When applying for the card, the application process is simple in that it asks for your basic personal information. The application is fast to fill out and you can receive an instant decision in most cases. Once the card is approved, you receive it in 7 to 10 days and can begin using it.
There is an annual fee associated with the card and you do receive bonus miles once this fee is paid or the first transaction is made. The annual fee is low compared to those of similar credit cards and the card is awarded more bonus miles each year it is renewed.
Cardholders are given flexibility in the way of no preset spending limits. This does not mean that the card has unlimited spending, but it means that cardholders do not have to worry about their spending limits when they are traveling at home or abroad.
There are a lot of things that cardholders do not have to worry about when they have this card in their possession. For instance, they do not have to worry about foreign transaction fees. Where many cards charge a percentage of the foreign transaction and sometimes the percentage is based on whether or not the currency involves U.S. currency or a foreign currency. In this case, you do not have to worry about that when traveling.
Cardholders also receive travel benefits, such as travel accident insurance that covers you and all eligible individuals traveling with you and travel and emergency assistance in case an emergency comes about. If you wish to rent a car, then you can rent a car with the card and use the damage waiver you can acquire through the card rather than through the rental company. This can save money. In order to receive these benefits and savings, you have to charge the airline tickets or common carrier tickets to the card.
If you are traveling Korean Air, you can use your card toward Korean Air purchases and earn double points for every dollar spent; otherwise one point is earned for every dollar spent on purchases. There is no cap on the number of points that can be earned, which means a lot of savings potential when using the card while traveling internationally or domestically.
To make usage more flexible and to give the cardholders the confidence that they need, there are anti-fraud measures put in place. EMV chip technology is integrated into the card for added security abroad. There are billions of credit card customers around the world utilizing EMV chip technology to make transactions more secure. It also utilizes Visa PayWave technology, which means transactions can be made without having to hand the card over to another person for swiping. Through fraud monitoring, fraudulent activity can be immediately identified and a hold put on the card until the cardholder can state otherwise. This can prevent further fraudulent charges. Through the Zero Fraud Liability policy, cardholders are not liable for unauthorized transactions, especially when U.S. Bank is notified immediately.
Another service on the card that adds even more flexibility is the Visa Signature Concierge service. This service does such things as make purchases for the cardholder. If you do not have time to shop for a gift for someone, you can ask the concierge to do so for you. You can set spending limits so that you are only responsible for as much as you want to be responsible for.
Lastly, you receive a number of premium offers. Which premium offers you receive depends on what is being offered at the time, so you will want to check online to see what those offers are. There are a lot of savings opportunities in these offers. There are even special dining privileges so you can enjoy exclusive dining experiences.
With online account management and bilingual customer service that is available 24 hours a day, you receive the ability to manage your account in your own time and from anywhere around the world. This allows you to check account balance, make a payment, check miles, and much more.
The cost of the card depends on the cardholder's activities, creditworthiness, and a number of other factors. The interest on purchases, balance transfers, and cash advances is based on creditworthiness and the Prime Rate. Regardless of where it falls between the minimum and maximum APR designated for the card, the rate is very competitive.
The balance transfer APR is typically the same as the purchase APR. The balance transfer APR is applied to the account when the transaction is performed. There is also a balance transfer fee that is a percentage of the transaction or a set dollar amount.
When a cash advance is performed, the APR and the cash advance fee are applied to the account when the transaction takes place. The fee is a percentage of the transaction or a set dollar amount.
Other types of cash advances are ATM transactions, convenience check cash advances, and cash equivalent advances. Each has a fee that is a percentage of the transaction or a set dollar amount.
The annual fee on the card is minimal and cardholders can save money on the purchase APR by paying off the entire balance by the due date. This presents the cardholder with another money saving opportunity.
The last fees on the account are the penalty fees, which include the late payment fee and the returned payment fee. Both fees may be charged if a returned payment results in the payment being late.
The Skypass Visa Signature credit card is a card that pays for itself several times over. It does this through reasonable interest and fees, as well as the opportunity to avoid paying interest on purchases, the ability to earn miles toward free and reduced flights, and access to a wide range of money saving opportunities.