If you are planning for a business trip, then one of the best ways to make your business experience more enjoyable is by availing the services of exchange or Visa gift cards. However, even though Visa gift cards can really help make your trip more enjoyable, it will also require you to pay some fees. In fact, these fees are usually not that expensive. But before you get into the details, it would be better if you will first be familiar with the different types of fees that you need to pay for using Visa gift cards.
One of the most common fees that you have to pay when using Visa gift cards is the application fee. This fee can actually be anywhere from two to four dollars. This is especially true for business Visa cards since they usually come with higher prices. Businessmen who need to travel a lot may find this particularly annoying, especially when their gas stations or ATM's run out of money.
Aside from the application fee, you also have the travel fee. If you are traveling outside your own country, then expect to pay an additional twenty-five dollars for gas and fifteen dollars for an ATM fee. The same goes for airports as well, if you will be utilizing airport transportation services to get to your hotel. For some, however, this fee may not bother them much since traveling abroad will already cost them so much anyway.
The annual usage fee is another common fee that you have to pay when using Visa gift cards. The good thing about this is that you do not have to pay any fees every single year, although you do have to renew the card before it expires. Some annual fees vary, which can make the annual price so costly for many. This does not, however, affect the purchase power of the gift cards.
The maintenance fees are also among the most common fees that you will encounter when using Visa gift cards. This can become rather steep, especially if you travel often. The maintenance fee varies by each company, but in general, you have to pay between one and two dollars per year. In addition to being expensive, the maintenance fee is just as big of a factor in determining whether or not you are able to use your visa gift cards. The good news is that these fees vary between companies, which means that you can choose the one that you are comfortable with. You can also avoid the fees if you plan on traveling very rarely.
The membership fee is probably the easiest to understand. When using Visa gift cards, you are required to pay this annual membership fee in order to access the benefits of the card. It may also be included in the purchase fee of your plane ticket.
If you are thinking of giving a gift to someone who is far away, visa gift cards can be a great option for you. However, you need to know a few things in order to make sure you are choosing the perfect gift for that special someone. The first thing you should consider is the destination of where the recipient lives. Depending on where they live, some gift cards are only offered at specific resorts and destinations.
The other thing you need to think about is whether or not the recipient uses credit on an annual basis. A lot of people are surprised to learn that some visa gift cards expire after twelve months. If you choose the card with a twelve-month expiration date, you are choosing a card that will expire in twelve months from the date of purchase. If the recipient is constantly paying off the balance, you need to choose a card with a higher interest rate. Visa gift cards that expire often are worth the higher interest rates, because they are usually only good for a limited amount of time. This gives you the opportunity to save money if you choose to purchase a new gift card for the person you love.