Visa® Credit Cards of February 2023

Many major US banks issue Visa credit cards. Such cards can offer extremely useful and profitable bonuses. Moreover, Visa has credit cards for bad credit. This article will explain to you how to choose the right Visa credit card, how to get it, and what options are available to you if you have bad credit.

Types of Visa® Credit Cards

1. Visa Classic. It is one of the traditional credit cards from the line of credit cards from Visa. Since Visa services this card, you can pay with it almost anywhere in tens of millions of locations around the world. You can use any of the 1.9 million ATMs in more than 200 countries if you need cash. The cardholder can contact Visa's Global Customer Assistance Services 24/7. The Visa Classic Credit card includes such bonuses as a replacement and emergency cash advances.
2. Visa Gold. This credit card has numerous benefits of Visa Classic cards. This card is ideal for travelers as the Visa Gold owner gets access to VIP lounges in a large number of airports around the world. They have various types of travel insurance that help in case of, for example, lost luggage. The Visa Gold owner has car rental insurance and bonuses when booking hotels. The cardholder also has health insurance for travel.
3. Visa Platinum. It is the highest-tiered credit card among the classic three. Besides all the benefits that Visa Classic and Gold cards have, Visa Platinum offers cardholders Visa Concierge services with which they can book travel tickets, special event tickets, and a table in their favorite restaurant. Travelers get the opportunity to have Travel Emergency Medical Compensation and Shenzhen Medical Coverage Certificate. Visa Platinum cardholder has access to hotel room upgrades, late checkout, and VIP guest status in more than 900 hotels around the world.
4. Visa Signature. This is a card of a higher level than traditional Visa credit cards. Having a Visa Signature credit card, the cardholder can access extended warranty and cell phone protection. This card offers golf discounts and privileges, such as discounts on golf fees. The cardholder has year-round exclusive access to over 50 select Sonoma County Visa Signature wineries.
5. Visa Infinite. This card offers cardholders such unique benefits as auto rental collision damage waiver and discounts in car rentals like Avis, Hertz, and Silvercar. Avid travelers can receive non-refundable reservation coverage in case of cancellation or postponement of a trip and receive up to $500 compensation in case of flight delays. The owner of the Visa Infinite card has return protection, which allows them to return any purchase up to $300 within 90 days.

The best Visa credit cards to get

1. Mission Lane Cash Back Visa® Credit card is among the best credit cards for fair credit. This card has a $19 annual fee and a foreign transaction fee of 3%. This fair credit card has a variable APR of up to 29.99%.

   You should pay attention to the Mission Lane Visa Credit card if you want a credit card for fair score with high credit limits, as Mission Lane allows customers to increase their credit limits if they make on-time payments on the loan within 6 months. The main feature of this card is an unlimited cashback of 1% on all purchases.

2. United Club Infinite Card is the best visa credit card for flights. This card allows the cardholder to get 100,000 bonus miles after they spend $ 5,000 in the first 3 months after account opening. This card's annual fee is $525, and APR varies from 19.49% to 26.49%.

   The cardholder can receive 4 miles for every $1 spent on United purchases, 2 miles for every dollar spent on travel, and for every dollar spent on dining in delivery, and 1 mile for every $1 spent on other purchases. They can also have free checked bags for round trips.

3. Bank of America® Visa Travel Rewards for Students credit card is best for students. It does not have an annual fee. A cardholder can receive 25,000 online bonus points after they spend $1,000 within 90 days after account opening. This is equivalent to $250 in statement credit for travel purchases. The Bank of America Travel Rewards credit card owner can receive 1.5 reward points for each dollar spent. The card also offers a 0% intro APR of 18 billing cycles.

Pros and cons of Visa credit cards

Pros

• Visa's Global Customer Assistance Services, which operates 24/7, is available for cardholders of cards of any level.
• Since banks themselves set bonuses and perks for their Visa credit cards, any future cardholder can pick up a card for their needs.
• Many cards have extremely favorable offers, welcome offers, perks, and bonuses.
• A Visa credit card holder can withdraw cash at over 1.9 million ATMs in more than 200 countries worldwide.
• Regardless of the issuing bank, all Visa cards have bonuses such as emergency card replacement and emergency cash advance.
• Some banks that offer credit cards apply for bad credit.

Cons

• Card-issuing banks set rates and terms themselves, so it can be unpredictable.
• The annual fee of some cards may be too high.

How to get a Visa credit card?

When you get a credit card apply for Visa, you have to meet the basic requirements:

• In most states, the applicant must be an adult, 18 years old. Some banks may require the applicant to be 21 years old.
• The applicant must be a citizen or permanent resident of the United States.
• Usually, banks and other financial institutions request downloads of additional documentation to confirm the identity of the future cardholder. Such documents can be a driver's license, state-issued ID, or passport.

Before applying for a Visa credit card, you need to check which credit score range your credit rating is in. You can request your credit score from the bank or credit bureaus for free. If your FICO score is less than 580, then you have bad credit. A credit score from 580 to 670 is fair credit, and a credit score of 670 is good credit. Different credit card issuers have different requirements for credit scores. The main points to know regarding the credit requirements for a Visa credit card:

• Cards with the most favorable welcome bonus offers, perks, and a high cashback rate require the cardholder to have good to excellent credit.
• You can find quite a few credit cards for fair credit.
• If you want to apply for a credit card having bad credit, you need to look for special offers on credit cards for low credit.

For most financial institutions, the income level of the future cardholder is also important. To confirm the level of income, in most cases, you will need to provide documents such as pay stubs, tax returns, bank statements, or W-2s.

Most banks have a fast and convenient Visa credit card application process. Usually, an application for opening a credit card is filled out in 10 minutes if all the necessary information is available. The approval comes in a matter of minutes.

How to get a Visa credit card with no credit?

You can still get a visa credit card for bad credit if you have a bad credit score or no credit history. Credit cards for bad credit do not have many profitable offers for bonuses and perks. However, if you make a credit card application with bad credit, you will still get quite favorable cashback offers and will use a credit card cash advance.

One type of credit card for low credit is a starter credit card. Starter credit cards allow young people to build credit by making on-time payments on their credit balance. One of the best credit cards for beginners is the Petal 1 "No Annual Fee" Visa Credit Card. This card does not have annual fees and does not require a future cardholder to have a credit score.

Secured credit cards for bad credit are the easiest ones to get with bad credit. Such credit cards require the borrower to make a security deposit as collateral, guaranteeing their solvency. The credit limit of such cards depends only on the security deposit amount. One of the best secured credit cards is the Bank of America Customized Cash Rewards credit card. You don't pay an annual fee on this card. It allows cardholders to receive 3% cash back for purchases from the category of choice, 2% cash back for grocery purchases, and 1% unlimited cash back for all other purchases.