| |
The Lowdown on WorldPerks Visa
By Eric Wasselman
While users may be spoilt for choice with the various credit card options available, avid travelers should go for one that rewards them for what they do best. Thus, if you are a frequent flyer seeking for a credit card, then the WorldPerks Visa Platinum Card may just be the right choice for you.
Issued by U.S. Bank, the WorldPerks Visa Card rewards cardholders with redeemable free tickets just by flying with Northwest Airlines, which is their affiliate partner. Users are awarded an airline mile for ever dollar spent on card charges, with up to 5 miles for every dollar charged at selected hotels and restaurants.
Additionally, they are also entitled to an extra 55 miles when the $55 annual fees are paid. In fact, those who apply for the card will be pleasantly surprised with the 7500 bonus miles credited to their account upon application approval. The mileage collected from the card can then be used to redeem free travel tickets with the airline, as long as there are seats available.
There is some downside in the form of restrictions on the number of miles that can be collected within a billing cycle. Nevertheless, opting for automatic bill payment will exempt the WorldPerks Visa Card user from these restrictions.
Another reason to automate bill payments is the fact that APR for purchases are relatively high since as they are tied to the Prime Rate. Additionally, the APR for cash advances is variable with a minimum cap on the rate, even if the Prime Rate falls. Therefore, with automated payments, outstanding balances are paid off almost immediately, thus releasing the WorldPerks Visa Card user from the potential of high interest charges.
The current credit limit for this card stands at $7500, with a penalty of $35 if the limit ie exceeded. On the flip side, just for $55 annually, cardholders are entitled to a travel accident insurance of $250,000. Finally, other insurance benefits of the card include coverage for car rentals, online access of accounts and protection against unauthorized purchases made to the card.
About the Author
For more information or to apply for the WorldPerks Visa, Eric Wasselman recommends Find Credit Cards. See http://www.findcreditcards.org/card/worldperks-visa-platinum-card.php .
Article Source: http://www.simplysearch4it.com/article/28841.html
| If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/28841.html" as shown above and make it hyperlinked. |
| Some other articles by Eric Wasselman | Morgan Stanley Credit Cards
The name "Morgan Stanley credit cards" is used mainly in the United Kingdom. In the USA, they are now known as ...
The Top 3 Visa Credit Cards
It is not easy to select the top three Visa credit cards as comparison is normally done based on certain components , such as APR, cash back ...
The Top 3 MasterCard Credit Cards
According to www.bankrate.com , the top three MasterCard's based on carry a balance were issued by Capital One, Pulaski Bank and Trust Company ...
The Top 3 HSBC Bank Credit Cards
Issued by the HSBC Bank in Nevada, HSBC credit cards are valued because of their low APR which means a lot to customers who generally carry a balance on their ...
The Top 3 Discover Credit Cards
Discover credit cards are another popular credit card. The top three cards according to online research are the Discover Platinum card, The Miles ...
The Top 3 Citibank Credit Cards
The top Citibank (Citi) credit cards were selected based on the introductory purchase APR (Annual Percentage Rate).
• Citi Platinum Select
Offering a 0 APR on balance transfer for twelve months and no annual ...
|
|
| |
|
