There are a variety of Visa offers to choose from for those travelling in the world today. Visa has introduced new offers on an almost weekly basis and each one seems to be more attractive. For example, last week they announced a special offer called the 'Preferred Guest Card'. This is for frequent and valued travellers who will enjoy greater benefits on their Visa credit card compared to other cards. Another good thing about Visa is that it offers frequent travellers air miles. There are a variety of different types of Visa offers for travellers to choose from.
Visa offers generally fall into three categories: Significance, Affordability, and Outward Look. Signature is the highest level of rewards: It provides more in the way of perks and benefits than the standard tier of Visa Infinite cards but not quite as much as you'll find with the top high-end Visa credit cards. The next highest level of Visa Rewards are the Air Travellers Reward program. Finally there are the most general Visa card benefits, such as low interest rates. These are great for any consumer, whatever their financial situation.
Now let's take a look at some of Visa's most common Rewards programs. These include the following: Aeronwy, American Express Gold Card, Cashback, Diamond, Gold, Interval, Maestro, Platinum, Silver, Star, and Visa Plus. These are all targeted towards different types of cardholders. The ones mentioned here are issued by issuers like Bank of America, Chase, Discover, HSBC, MasterCard, American Express, and Discover, who all have great Rewards programs.
Another popular Visa offer comes in the form of the Emergency Cash Offer, or ECO. This card from Visa is aimed at cardholders who use their card for regular everyday purchases at places like Wal-Mart, Target, KFC, or Costco. The ECO program rewards cardholders with cash back or emergency cash bonuses when they make purchases at these stores. These are great if you happen to be shopping at one of these places on a regular basis, or if you happen to travel a lot.
There are also programs through which cardholders can earn airline miles. Visa is currently offering five different types of programs that give cardholders a choice between the Diamond, Gold, Platinum, and Sky programs. The same holds true for the Travel Rewards Visa, which has different programs from American Airlines, US Airways, Continental Airlines, and Jet Airways.
The reason behind these specials is usually because it benefits the issuer, and often cardholders as well. Visa wants cardholders to use their card, which in turn benefits the issuer. It is beneficial for both parties. Visa is able to receive more fees from issuers, and cardholders have a way to earn rewards. A card with a high rewards program is much easier to sell to cardholders if they are already using another credit card from Visa.
These card benefits can sometimes come with some restrictions. The issuers want to make sure that cardholders do not just abuse these special deals by buying too much when they can actually use less. Sometimes a card can be offered to cardholders at an introductory rate before rates increase, or in certain circumstances, the interest rate can be increased. Visa does a lot of research and studies the market, so they know what types of deals are most likely to be abused. When this happens, issuers are wise to limit the punishment.
Many people end up abusing the privileges that they are given. They get more rewards than they can use, or they spend more money than they can afford. Visa works very closely with these cardholders to try to stop this type of misuse. Cardholders who abuse Visa card privileges can be subject to penalty charges, and even their account can be closed. Visa wants to work with its cardholders to keep them from abusing the privilege.