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You may not realize that many of the best credit cards either have a Visa Platinum or Visa Signature label. If you own multiple credit cards, these cards will likely play a part in building your credit history. These cards also offer many benefits that you can enjoy. First, we’ll look at the differences between the Visa Platinum vs Visa Signature. We’ll also give some examples that can help you decide which option best suites you.

You may be able to use your Visa Platinum or Visa Signature at a contactless Visa terminal. Credit: Visa

Visa Platinum or Visa Signature

You may know that credit cards are either a Visa, Mastercard, American Express, or Discover credit card. Some people don’t realize that there are several different tiers of Visa credit cards. Ditto for Mastercards. When talking about credit cards, usually the main topics are signup bonuses or limited-time credit card offers and the perks and benefits that come along with them.

Visa Platinum and Visa Signature cards offer various fringe benefits that most people don’t know much about.

Visa Credit Cards

Just like a hotel or airline loyalty program has different membership tiers, Visa offers four different card levels:

  • Classic
  • Platinum
  • Signature
  • Infinite

When credit cards were still “new,” there was only one type of Visa card. As Visa rolled out new versions with more benefits than previous generations, the original Visa became the Visa Classic. The best type of Visa (and the hardest to qualify for) is the Visa Infinite. And, a Visa Signature is better than a Visa Platinum.

Visa Signature

Let’s look at what the Visa Signature is all about first. You can begin qualifying for select Visa Signature credit cards with a 670+ credit score. However, some cards require a 740 credit score to have the best approval odds.

Visa Signature Benefits

Here are some of the built-in Visa Signature benefits regardless of which bank you get your Visa card from:

  • Minimum $5,000 initial credit limit
  • Secondary rental car collision and theft damage waiver
  • Rental car discounts
  • Special discounts and perks at the Visa Signature Luxury Hotel Collection
  • Extended warranty protection up to 1 additional year

Your bank may build on the above benefits or offer other exclusive benefits:

  • Trip delay reimbursement
  • $100 discount when booking qualifying flights on Visa Signature Discount Air website
  • Emergency cash disbursement
  • Cell phone protection
  • Theft protection

You will need to check with the bank and individual card to see what Visa benefits are included.

Visa Signature Credit Cards

Below are some of the best Visa Signature credit cards. How many of these did you know where a Visa Signature?

Chase Sapphire Preferred

Arguably the best travel rewards credit card for most people, the Chase Sapphire Preferred® Card earns 2x Ultimate Rewards points per $1 spent on travel and dining purchases. You can redeem your points for travel, cash, gift cards, and merchandise rewards. However, your points are worth 25% more when redeemed for any award travel booked on the Chase travel portal.

You can also transfer your Ultimate Rewards points at a 1:1 ratio to airline and hotel loyalty programs including United Airlines, Southwest Airlines, Singapore Airlines, and World of Hyatt.

This card also offers primary rental car insurance rather than the standard secondary coverage that Visa offers. With primary coverage, your credit card benefits activate first if your rental car is in a collision or gets vandalized. However, secondary coverage only activates after your other insurance policies go into effect.

Finally, you can get a signup bonus worth up to $1000 in award travel. Earn 80,000 points after spending $4,000 in the first 3 months of account opening. Check out the Chase Sapphire Preferred review to see how you can get the most out of this super popular credit card. There is a $95 annual fee for this card.

Capital One Venture Rewards Credit Card

The Capital One® Venture® Rewards Credit Card is a Visa Signature travel rewards credit card earning 2x miles for every $1 spent on purchases. However, Uber Eats purchases earn 5x miles per $1 spent through January 31, 2020. This card requires “excellent credit“, but it’s possible to qualify with a score of at least 700. You can redeem your miles for travel statement credits, book upcoming travel, and transfer to the Capital One transfer partners.

You get the standard Visa Signature card benefits like secondary auto rental coverage, travel accident insurance, and extended warranty with the Capital One Venture card. Capital One also includes these fringe benefits:

  • Global Entry or TSA PreCheck fee credit, up to $100
  • Wikibuy online shopping tool
  • Paribus price monitoring tool for recent purchases

The Capital One Venture Rewards is often compared to the Chase Sapphire Preferred because of its earning ability and travel perks. Both cards are metal credit cards, earn 2x rewards on travel, have a $95 annual fee, no foreign transaction fees, and more. Compare the Chase Sapphire Preferred and Capital One Venture if you like the idea of both but are unsure which is best for your wallet.

New cardholders can earn a 100k mile bonus by spending $20,000 on purchases in the first 12 months from account opening, or earn 50,000 miles if you spend $3000 on purchases in the first 3 months. The annual fee is $95.

Learn more: Rewards Credit Cards

Marriott Bonvoy Bold Credit Card

The Marriott Bonvoy Bold™ Credit Card is a hotel rewards card with no annual fee. This Visa Signature card comes with the following benefits:

  • Earn 3x Bonvoy points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy
  • Earn 2x Bonvoy points for every $1 spent on other travel purchases (from airfare to taxis and trains)
  • And earn 1x point for every $1 spent on all other purchases
  • Receive 15 Elite Night Credits annually
  • Silver Elite Status
  • No foreign transaction fees

There is no limit to how many points you can earn. For a limited time, new cardholders can earn 50,000 points after spending $1,000 on purchases in the first 3 months from account opening.

Learn more: Hotel Rewards Credit Cards

Visa Platinum

The Visa Platinum at one time was the best Visa credit card tier. Then, Visa launched the Visa Signature and eventually the Visa Infinite. Most Visa Platinum cards are “starter credit cards” and make good best first credit cards for the start of your credit journey. These cards don’t require a security deposit like a secured credit card.

The rewards programs for most Visa Platinum cards are less robust than Visa Signature cards. In fact, some Platinum cards don’t offer any rewards points for any purchase at all. But, each on-time payment can help improve your credit score.

Visa Platinum Benefits

You will see that Visa Platinum cards offer few built-in benefits than Visa Signature cards:

  • Minimum $500 initial credit limit
  • Secondary rental car damage and collision waiver
  • Travel and emergency assistance service
  • Extended warranty protection of up to 1 year
  • Visa shopping and travel discounts (available for all Visa credit cards)

If you get a Visa Platinum, you won’t get perks like rental car discounts nor the likelihood your bank will offer more additional card benefits. Yet, despite having fewer rewards, banks are likely to charge an annual fee for these Visa Platinum cards.

Visa Platinum Credit Cards

Below are some of the best Visa Platinum credit cards. These two cards don’t charge an annual fee either!

Chase Freedom Unlimited

The Chase Freedom Unlimited® will either be a Visa Platinum or Visa Signature. For the Visa Platinum, your starting credit limit will be at least $500. The minimum limit is $5,000 for the Visa Signature.

New cardholders can earn a $200 bonus after spending $500 on purchases in the first 3 months from account opening. Plus, you can earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year. Cardholders also earn unlimited 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back at restaurants, including takeout and eligible delivery services, 3% cash back on drugstore purchases, and 1.5% cash back on all other purchases.

These are great opportunities to earn cash back on every purchase, all without worrying about an annual fee. Points can be used for travel, gift cards, and merchandise rewards. You can learn more about it in this Chase Freedom Unlimited review.

You will need a 670 credit score or higher to have the best approval odds. Yet, you can qualify with a score as low as 620 if you have a strong enough credit history or annual income.

Learn more: Chase Freedom Unlimited Review

US Bank Visa Platinum Card

The information for the U.S. Bank Visa® Platinum Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The U.S. Bank Visa® Platinum Card offers these perks:

  • No annual fee
  • Cell phone protection
  • Free TransUnion credit score

There is also fraud protection and you can set up autopay to make things a bit easier. Additionally, you can set up your card in your digital wallet like Apple Pay so you won’t have to worry about making contact with objects or pulling out your card every time you want to make a purchase.

Summary of Visa Platinum or Visa Signature

Still, deciding whether to get a Visa Platinum or Visa Signature? If possible, try applying for Visa Signature credit cards first as they tend to offer better benefits and purchase rewards. But even if you get a Visa Platinum, it’s possible to earn rewards, get fringe benefits from Visa, and build credit to qualify for better cards.

FAQs

What does Visa Signature mean?

Visa Signature is the second-highest tier Visa credit card you can get. Many of the best travel credit cards and best cash back credit cards have the Visa Signature logo stamped on the card. If you’re not sure, look for the Visa logo and you should see the word “Signature” printed below it.

Some of the key Visa Signature benefits include:

  • Minimum initial $5,000 credit limit
  • Secondary rental car collision and theft damage waiver
  • Rental car, travel, and golf course discounts
  • Select travel and shopping protection benefits

What does Visa Platinum mean?

The Visa Platinum is the second tier of the four Visa credit card types. It’s better than a Visa Classic but less luxurious than a Visa Signature or Visa Infinite. Most Visa Platinum cards require a credit score in the 600s. You might be able to qualify for some with a score in the very high 500s. Visa Platinum credit cards are unsecured, meaning they don’t require an upfront security deposit.

Some of the automatic benefits include:

  • Minimum $500 initial credit limit
  • Secondary rental car collision and theft damage waiver
  • Emergency and travel assistance (fees from non-Visa service providers still apply)
  • Extended warranty up to 1 year for select purchases

What credit cards are Visa Signature?

The below list is by no means exhaustive. However, below is a list of some of the best Visa Signature credit cards:

Josh Patoka
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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