Visa Benefit Levels – The Definitive Guide

Does Visa give out any benefits for people who carry around their cards? You may be wondering whether there are Visa benefit levels that factor into how much you can get in terms of rewards.

These are both tough questions to answer since Visa doesn’t produce the cards in the first place. You see, your credit card issuer is the one that produces the cards, and as such, they’re the ones that give out the majority of benefits.

Visa is just a payment network that banks use – they process transactions on debit and credit cards. Back to the first sentence now; yes, Visa provides some benefits to cardholders, and they come in three Visa benefit levels. Let’s have a look at them below.

Visa Benefit Levels

Traditional

  • Rental car waiver on damages – One of the props you get from Visa as a cardholder is this waiver that protects you in case you damage the car you rented. It also covers you if the car is stolen.
  • Zero fraud liability – Isn’t this a relief? In the rare case that your card is stolen and used fraudulently, you won’t be held responsible. This is a slippery slope, though, as you, too, can use it for fraudulent activities and still not be held accountable.
  • Road assistance – If you’re on the road and your car decides to break down, you can call Visa, and they’ll send help. But, you’ll have to pay for the service.
  • Inquiry service – You, as the holder, can call Visa to get details about your card.

Signature

  • The number one perk that you get from signature benefits is that all the benefits included in the traditional, you’ll get outright.
  • Visa also will extend warranties on this level. This means that you can call for an extension from the one year your issuer gave you.
  • The other thing that is so appealing about this level is that you get an end-of-year summary of your spending.
  • And with travel and emergency assistance, you’ll get access to help from Visa 24/7 on all logistical purposes. These services will incur costs, but their effectiveness makes it worthwhile.

Infinite

The third and final tier has excellent benefits, as well; after all, it’s like the ‘premium level’ here.

  • First of all, you’ll get all the benefits listed on the traditional and signature tiers here.
  • You’ll get travel protection, too. When you’re on the infinite Visa card, you’ll get travel protection that will make your journey run smoothly.
  • You will get benefits that cover all nonrefundable ticket costs.
  • In accidental death, you’ll get $500,000 in coverage.
  • All luggage is included in the case of damage, loss, or theft.
  • You also get return protection when on infinite Visa. This will cover for the purchases that the store owner refuses to take back after you’ve made the purchase. There’s a catch, though; the purchase has to be up to $300 and has to have been made within the last 90 days.

Which Tier Is Your Card?

The first question that you’re probably wondering is how you know which tier your Visa card is. If it doesn’t have ‘infinite or signature‘ embedded on the right side of your Visa card, then it has to be a traditional tier. The others are labeled as is on the cards.

Conclusion

Visa has some great benefits that not many people know about because people majorly focus on what the issuer gives in terms of benefits. It’s good to know how these benefits will affect you, and having a definitive guide on Visa benefit levels will surely help you make a more informed decision on your next card.