Are you a government employee in need of financial relief? If you've been laid off or furloughed, we want to help! Click here for resources to support you at this challenging time.

Do you know the benefits a premium credit card can provide?

Almost every grown adult has one or more credit cards. Credit cards are used in a variety of ways. While people swipe their cards and go on their way, many are unaware of some of the great features and perks that come with certain credit cards, especially premium credit cards.

When you consider some of these features and benefits, it reveals several ways a premium credit card can be used to your advantage. Here's a list of premium credit card features and benefits for you to consider.

 

Flexible Credit Lines

Whether you want a credit limit of $5,000 or $20,000 (or maybe even more), a premium card can offer you flexible options.

No Cash Advance Fees

When it comes to withdrawing cash from your line of credit, find a card with no cash advance fees. You can even use your cash advance to pay off other credit card balances. Similar to a "balance transfer," you'd be moving the debt onto your new, preferred credit card – and without paying a fee! In addition, this may even offer an opportunity to do so at a lower interest rate. Avoiding a transfer fee and enjoying a lower interest rate is a win-win for you.

Rewards

This is an area where premium credit cards can really stand out. There are a variety of rewards provided to premium cardholders that include deep discounts, great deals, options for added luxury, and more. These rewards tend to help the cardholder get more for their money and offer more peace of mind. You'll sometimes see that certain premium credit cards will offer a great deal of value to certain groups, such as travelers.

Travel Perks

If you are a person who frequently travels, the right premium credit card can bring all kinds of extra perks. These include discounts, rewards, travel insurance protection, special services, and more. Read more about these premium card travel perks. Certain terms, conditions, and exclusions apply. Please refer to your Guide to Benefits for more information.

Attractive (or $0) Annual Fee

If you do your homework, you can find a premium credit card that offers a ton of value and an attractive annual fee. When considering the dollar value of so many of the benefits that premium cards provide, the annual fee can sometimes seem low by comparison. Better yet, at Visions our premium credit card – the Elite Visa Signature card – has no annual fee or monthly maintenance fees!
 

Apply now or ask for details.

If you have any questions about the features or benefits of premium credit cards, you should feel free to talk with your credit union representatives. Credit unions have trained and knowledgeable experts who can help you determine what kind of credit card is right for you.
 

Loans Articles

View All Loans Articles

  • Credit Advances in Digital Banking

    Our Funds Transfer feature lets you quickly and easily advance funds from your current Visions lines of credit, credit cards, or HELOC to your other Visions accounts – all through digital banking.

    Couple sitting at table using tablet and drinking coffee

  • Build Credit Faster with Two Simple Tools

    If you're struggling with a credit score that's stuck below 600, you probably feel overwhelmed, frustrated, and uncertain about which steps to take next. You're not alone! The good news is that many are already taking simple, practical steps to rebuild their financial health.

    person looking at credit score range on chalkboard

  • Understanding Amortization

    While a loan’s term, balance, and interest rate help to determine your monthly payments and how they break down, the loan’s amortization is another important consideration in this financial picture. By understanding amortization, you can improve your debt management strategy and reduce the amount of interest you’ll pay in the long run. Here’s how it works.

    calculator and paperwork on desk