You may have noticed when you’ve been out shopping that not all credit cards are accepted everywhere. In fact, most places only take the most ubiquitous cards. Visa is one of these. If you’re debating what type of new credit card to get, Visa might be the best choice for you.
Getting a Visa card is much like getting any other credit card. If this is your first card, though, you may be uncertain of the process. Here are some helpful tips for how to get a Visa card, how to use your card responsibly, and the benefits and perks that come with Visa.
Qualifying For A Visa Credit Card
When you apply for a credit card, the number one factor in whether or not you get approved is your credit score. It’s a good idea to check and see what your credit score is before heading to apply for a card. This way, you can chat with representatives at your bank or credit union about whether or not you will be approved for a particular card.
If you have a poor credit score, you can build it by paying back debt, making all bill payments on time, and limiting your credit use if you do already have a card. These are all factors that are weighed when calculating your final credit score.
Where To Look For Credit Cards
Credit card companies are abundant these days. There are lots of places you can look for a card.
However, especially if this is your first card, your local credit union is a good place to start. Credit unions are nonprofit financial institutions that are owned by their members. This makes them highly customer-oriented. A credit union will have members on staff to help walk you through the process of applying for a card, getting approved, and using your new card.
Most places offer an in-person and an online application process. So, if you need help it’s there for you. If not, you can apply from the comfort of your home.
Choosing A Credit Card
Depending on your credit score and credit history, there are multiple types of credit cards that might be right for you.
Visa Secured Card
Secured cards are cards that require you to deposit an amount of cash as collateral. This type of card is perfect for someone who is looking to build their credit or is just starting out with their first credit card. Your deposit acts as security for the credit card company in exchange for the opportunity to build your credit. If you don’t pay your bill, the credit card company can recoup some of the costs.
Once you’ve paid your bill on time for some time, you can then graduate from a secured card to an unsecured credit card.
Visa Secured comes with a minimum credit limit of $500, and a low rate of 7.90% APR. This is a safe bet for a first credit card. Even if you do find yourself in debt, the low APR means that your debt won’t take over your life.
Visa Cash Back
Getting a credit card with cash-back options is a great way to save money while you shop. Cards with higher rewards usually require a higher credit score to qualify.
Baton Rouge Telco’s Cash Back Visa comes with 2% unlimited cash back on everything. Plus, your cash back rewards are deposited automatically into your account each month!
Visa Gold is an excellent option for members who want the lowest rate on an unsecured card. You can also transfer your balances from high-rate credit cards to save APR on any debt you have. If you get your card through Baton Rouge Telco, we offer a no-fee balance transfer, meaning you can save money with no penalty.
Visa itself has numerous perks and rewards for cardholders. The perks are even greater if you get a card through your local financial institution.
Link Your Accounts
Getting a Visa credit card through your local credit union allows you to link all of your cards together. This makes managing payments and transfers easier than ever.
If you get your card through your local credit union, you can walk into a branch and walk out with a Visa card the same day. No long waits or watching out for the mail. This process is faster, safer, and more secure.
In our digital world, contactless payments are becoming more and more common. One convenient feature is that you can keep all of your cards connected via your phone if they qualify for Apple Pay. It enables you to keep your cards safe at home and still have access to your accounts.
Getting your Visa card through Baton Rouge Telco means that you can manage it using our 24/7 online banking platform. This makes it easy to stay on track with your payments, balances, and monitor your rewards.
Get A Visa Card Today!
If you’re thinking about getting a new credit card, it’s tough to go wrong with a Visa. It’s universally accepted and comes with competitive rates and perks.
You can find out more about the features and benefits that come along with a Visa card from Baton Rouge Telco below!