Visa itself doesn’t provide most of the benefits offered on Visa Credit Card because it doesn’t produce the card itself. Instead, credit cards are issued by banks such as Habib Bank Limited, JS Bank or Standard Chartered Bank and are responsible for providing those benefits.
Visa is a payment network that processes transactions on Visa Credit Card. However, there are some benefits the payment network offers, and they come on three levels:
- Traditional
- Signature
- Infinite
Traditional benefits
- Cardholder inquiry service – This allows you to call Visa and acquire information about your card, issuer, and network-provided features.
- Lost/stolen, emergency replacement, and cash – In case of a lost/stolen card, you can get in touch with Visa, and they will work with your issuer to find you a replacement card with some emergency cash as soon as possible.
- Auto rental collision damage waiver – This coverage protects you if a car you rented is damaged in a crash or stolen.
- Zero fraud liability – You won’t be held responsible for fraudulent use of your card.
- Roadside assistance – If your car breaks down or you need assistance on the road, you can call visa, and they’ll send help. But, of course, they will charge you for doing it.
Signature benefits
- Extended warranty – Visa extends the manufacturer’s warranty period on certain items you purchase with your card. For example, when the manufacturer’s warranty period is less than a year, Visa doubles it. For warranties of one to three years, Visa adds an extra year.
- Year-end summary – You will receive a detailed summary of your spending each year, which can help you with budgeting and tax preparation.
- Travel and emergency assistance – While traveling, you can access a 24/7 hotline to get help with logistics or emergencies.
- Concierge service – You can receive help with planning travel, purchasing gifts, finding entertainment, or sports tickets, or even making reservations. While the assistance is free, anything you buy will cost you.
Infinite benefits
- Return protection – This protection applies when a merchant refuses to accept returned merchandise bought with the Visa Credit Card. Learn more about return protection.
- Travel protection – When you pay for transportation with a Visa Infinite Card, you will receive an array of insurance benefits and other protection
- Travel protections – When you pay for transportation with a Visa Infinite card, you get various insurance benefits and other protections. Learn more about credit card travel insurance.
Trip interruption and cancellation insurance – This benefit helps cover nonrefundable ticket cost when you have to cancel or cut short a trip.
