The Verizon Visa® Card card has no annual fee and offers 4% rewards on gas and grocery store purchases, and 3% on dining purchases.
The card also offers a $10 per line Auto Pay discount for new enrollees, Visa Signature benefits, and no foreign transaction fees.
We have a lot to cover, so let’s dive right in.
- $100 Statement Credit After Your First Purchase Within the First 90 Days
- 4% on Grocery Store & Gas Purchases
- 3% on Dining Purchases, including Takeout and Delivery
- 2% on Verizon Purchases (including monthly bill)
- 1% on All Other Purchases Everywhere
- No Annual Fee
Table of Contents
Verizon Visa Welcome Bonus
The Verizon Visa Card by Synchrony Bank offers a $100 statement credit after making a single purchase on the card within the first 90 days.
You could essentially go buy a coffee (or anything) within the first 90 days, and you would get $100.
Earning Rewards
The Verizon Visa card earns cash back at the following rates:
- 4% on grocery store & gas purchases
- 3% on dining purchases, including takeout and delivery
- 2% on Verizon purchases (including monthly wireless bill)
- 1% on all other purchases
4% cash back on grocery stores and gas purchases, plus 3% on dining, is very competitive, especially for a no-annual-fee card.
Plus, this is the only credit card eligible for Verizon’s Auto Pay discount.
Redeeming Rewards
The Verizon Visa’s rewards are Verizon Dollars, which can be used to:
- Pay your Verizon wireless bill
- Book travel
- Buy gift cards
- To purchase new Verizon devices
- To pay the remaining balance on a wireless device
- To purchase a Verizon accessory
Verizon Visa Benefits
The Verizon Visa comes with the following benefits:
Auto-Pay Discount of Up to $10/Month Per Line
If you currently are not set up for Verizon Auto-Pay, you can get up to $10 per month off each eligible account or line up to 12 lines max (depending on plan) when you enroll in Auto-Pay and paper-free billing this card.
Unfortunately, if you are already enrolled in Auto-Pay, you are not eligible for this discount.
Metal Card
The Verizon Visa is a metal card weighing in at 17 grams, which is the same weight as The Platinum Card® from American Express, and heavier than the Chase Sapphire Reserve.
No Foreign Transaction Fees
This card has no foreign transaction fees on purchases outside the U.S., which is helpful if you travel internationally to help you avoid paying a 3% fee on those international purchases.
2 Free TravelPass Days Per Calendar Year
TravelPass allows you to use your Verizon domestic talk, text, and data in 210+ countries outside the U.S. for either $5 per day in Mexico and Canada or $10 per day in other countries.
With the Verizon Visa, you get two free days per calendar year, saving up to $20.
Visa Signature Benefits
This card also comes with Visa Signature benefits, which include:
- Best available rate guarantee.
- An automatic room upgrade when you arrive (if available).
- Complimentary in-room Wi-Fi (if available).
- Complimentary breakfast for two.
- A $25 food or beverage credit per room, per stay.
- VIP guest status.
- Late checkout when requested (if available).
Verizon Visa Pros and Cons
Here’s a quick overview of the Verizon Visa’s advantages and disadvantages.
Pros:
- Competitive earning rates for gas, grocery, and dining
- No foreign transaction fees
- No annual fee
- Easy Welcome Bonus
Cons:
- No cell phone insurance
- Only available to Verizon wireless customers
Alternatives to the Verizon Visa
Now that you know about the pros and cons of this card and its benefits, it’s time to review the alternatives.
Or, if you are like me, who loves to maximize my rewards, here are other cards you should add to your wallet:
Citi Custom Cash℠ Card
- Earn $200 Cash Back After Spending $1,500 in the First Six Months
- 5% Cash Back on Purchases in Your Top Eligible Spend Category Each Billing Cycle up to $500 (1% after that)
- 0% Intro APR for 15 Months on Purchases and Balance Transfers ($5 or 5% fee). After that, a variable APR of 18.74% – 28.74% applies.
- No Annual Fee
The Citi Custom Cash℠ Card is a no-annual-fee card that earns 5% cash back in your top spending category each billing cycle.
Eligible 5% cash back categories include restaurants, gas stations, grocery stores, select travel, home improvement stores, drug stores, select transit, select streaming, fitness clubs, and live entertainment.
This allows you to turn the Custom Cash into your 5% cash back card for gas stations, restaurants, grocery stores, or several other categories.
Chase Freedom Unlimited®
The Chase Freedom Unlimited® is a good no-annual fee credit card option that offers 5% cash back on travel booked through Chase Ultimate Rewards, 3% cash back at restaurants, takeout, eligible delivery services, and on drugstore purchases. Plus it offers 1.5% cash back on all other eligible purchases.
The card also offers nice benefits such as purchase protection, extended warranty, trip cancellation/interruption insurance, and secondary rental car insurance.
Bilt Rewards
- Pay Rent Without Fees and Earn 1 Point Per Dollar on Rent (up to 50,000 Points Per Calendar Year)
- No Annual Fee
- 3x Points on Dining
- 2x Points on Travel
- Transfer Rewards to Airlines and Hotels
- Cell Phone, Primary Rental Car, and Trip Delay Insurance
Bilt Mastercard® is a no-annual-fee credit card that allows you to pay rent without a transaction fee and earn 1 point per dollar on rent (up to 50,000 points per calendar year).
You also earn 3x points on dining, 2x points on travel, and 1x points everywhere else.
The Bilt Rewards card also has great benefits for a no-annual fee card, including cell phone insurance, primary rental car insurance, 90-day purchase protection, trip delay insurance, trip cancellation insurance, and no foreign transaction fees.
Plus, you can transfer your points to airline and hotel partners such as United Airlines, American Airlines, and World of Hyatt. Or redeem the points for travel or at Amazon.
Is the Verizon Visa Worth It?
The Verizon Visa is a good no-annual fee option if you frequently spend on gas, groceries, and dining, which should be for almost everyone.
Plus, if you are currently not enrolled in Auto-Pay, the ability to earn up to $10 off per eligible line is huge.
- $100 Statement Credit After Your First Purchase Within the First 90 Days
- 4% on Grocery Store & Gas Purchases
- 3% on Dining Purchases, including Takeout and Delivery
- 2% on Verizon Purchases (including monthly bill)
- 1% on All Other Purchases Everywhere
- No Annual Fee
