If you’re in the market for a credit card that caters to your needs as a Verizon customer, the new Verizon Credit card might be the perfect fit for you. In this comprehensive guide, we’ll delve into the key benefits of this card, examine its earning potential, and unveil how it can save you money on your monthly Verizon bills. Let’s get started!
What Is the Verizon Credit Card?
The Verizon Visa card is designed exclusively for Verizon customers. As a Verizon subscriber, you can tap into a range of unique advantages that this card offers, making it more than just another credit card.
Key Benefits:
$10 Off Your Bill Per Line
One of the standout features of the Verizon Credit card is the opportunity to receive $10 off your monthly bill per line, for up to ten lines. This means potential savings of up to $100 each month if you have a large family or multiple lines on your account. If you’re a Verizon customer, this alone can make the card a valuable addition to your wallet.
Earn Verizon Dollars
The Verizon Visa card allows you to earn Verizon Dollars, which are as good as cash back, especially if you’re already a loyal Verizon customer. Here’s the breakdown of the earning categories:
- 4% cash back on grocery store and gas station purchases
- 3% cash back on dining, including takeout
- 2% cash back on Verizon purchases
- 1% cash back on all other purchases
While these rewards are in the form of Verizon Dollars, they translate to real savings on your Verizon bill, essentially functioning like cash back for loyal customers.
No Annual Fee and No Foreign Transaction Fees
The Verizon Visa card official website is a no-annual-fee credit card, saving you from yearly charges. Moreover, there are no foreign transaction fees, making it a great option for international travelers or anyone who shops online from overseas vendors.
Welcome Bonus
Though the Verizon Visa card may not have the most extravagant welcome bonus, it still offers value to Verizon customers. New card members can enjoy a $100 bonus over two years. This bonus comes in the form of $4.17 deducted from your Verizon bill each month for 24 months. While it may take time to unlock the full bonus, it’s a straightforward way to enjoy additional savings on your Verizon services.
Travel Perks
As a Verizon Credit cardholder, you’ll also receive two travel passes per calendar year, valued at $20 each. These passes cover international calls, data, and texting in Canada and Mexico at just $5 per day, and $10 per day in other countries. These passes can come in handy for frequent travelers or occasional trips across borders.
Why Verizon Dollars Are as Good as Cash Back
Suppose you’re already spending on Verizon services each month. In that case, the Verizon Dollars you earn through the Verizon Credit card can be directly applied to your Verizon bill. This means you’ll have more money left in your regular bank account. You can choose to use this surplus for any expenses, effectively providing you with cashback.
Conclusion
The Verizon Credit card is a valuable addition to the wallet of any Verizon customer. With its impressive cash-back rates, no annual fee, and exclusive perks, it’s an excellent choice for those who are already part of the Verizon family. Plus, the ability to save money on your monthly Verizon bills is a unique feature that sets this card apart.
Frequently Asked Questions (FAQs)
Who is eligible for the Verizon Credit Card?
The Verizon Credit Card is available exclusively to Verizon customers. To apply, you need to have an active Verizon account.
What is the value of Verizon Dollars, and how can I use them?
Verizon Dollars earned with the card are equivalent to cashback. You can redeem them to get discounts on your monthly Verizon bills, effectively reducing your expenses.
Are there any foreign transaction fees with the Verizon Visa Card?
No, there are no foreign transaction fees with this card, making it an excellent choice for international travelers or online shoppers who purchase from foreign vendors.
How does the welcome bonus work, and how long does it take to receive it?
The welcome bonus of $100 is distributed over two years. You’ll receive $4.17 off your Verizon bill each month for 24 months, totaling $100 in savings.
Can I use the Verizon Visa Card for purchases outside of Verizon services?
Yes, you can use the Verizon Visa Card for all your regular purchases, just like any other credit card. It offers cash back on various spending categories, not limited to Verizon services.