The Intriguing Verizon Visa Credit Card

A great card that I've got my eyes on for sure! Two 4% categories and one 3% category on a no-fee card is a strong offering.

Lucky, I’m curious to know what phone plan you use to accommodate your frequent international travel?

Verizon is the only carrier that requires you to pay with a debit card or bank transfer only to get the $10 monthly AutoPay discount, if you pay part of your bill early with a credit card or Verizon gift card they will charge you back the $10 AutoPay discount; if this credit card doesn't also get the $10 AutoPay discount and/or Verizon dollars would void the $10 AutoPay discount it would make this card totally useless.

I got this card a few months ago and am underwhelmed by it. Wanted it to reduce my monthly bill. Maybe I didn’t read the (scant) details well enough because I feel it’s confusing. If you don’t redeem your rewards every month, they’re gone. Looks like they’ve upped the ante to $10 if you use auto pay - I’m only getting $5.

"Extended warranty protection" - I dont see this listed on the Verizon Visa Guide to Benefits page.

Oddly they also dont seem to detail any primary or secondary coverage for car rentals, nor any accidental death benefit during common carrier travel. Maybe its actually there in the paper copy of benefits, but odd they dont list it on the website and instead promote a silvercar discount which is really not helpful these days.

Yes - good for Verizon customers in certain categories - but not good for travel if these common travel benefits dont exist.

The $10 credit is also available if you setup auto pay thru checking account.

Cards that offer free cell phone insurance are better than this.

Two free TravelPass days ANNUALLY worth $20.

"If you’re a Verizon customer and travel internationally with any frequency, this is a fantastic value." Fantastic value? I must have missed something here? Please explain or possibly correct?

Got the card, it gives you even more if you have FIOS as well. Plus the Verizon Dollars you earned before for having both wireless and FIOS - used to expire - now they don't. All reward dollars get put in one bucket.

And now you can apply them to your bill. Before the dollars could only be used toward purchase of a new phone and expired in a year if unused.

A World Elite Double Cash would be a much better option. The cell phone protection would offset any benefits of the Verizon card, even before considering the value of transferable currency.

What 5150 said. Much better value to pay with a card that provides phone insurance. Not worth the $140 in yearly benefits this card provides to not have insurance.

Got the card on the early sign up bonus several months back - the sign up bonus ended up being I believe $400+ - it's a no brainer if you have VZ - that's the only expense I use the card for is the phone bill. People mention using a card with insurance and protection I guess I've never needed/used that benefit so it has very little benefit to me.

Not sure if the grocery store 4% CB is unlimited, could be an opportunity if were the case to MS spend into having my monthly $250 VZ bill free.

I got the card when it first came out and got the $400+ early signup bonus. There are some incorrect comments above. First, I believe that AT&T and others require you to use a checking account or debit card to get the autopay discount. And yes, using the Verizon Visa card gets you the $10 per line discount. That is one of the great things about this card since otherwise it wouldn't make any sense to use it. The autopay discount varies by Verizon plan, the current unlimited plans are $10 per line. So basically I get 2% cashback on my bill which I would have to pay from my checking account otherwise. And I have four lines, so it's $40 a month.

Also, the comment about Verizon Dollars misses a big point -- previously they were Device Dollars that could only be used towards a phone or accessory purchase. When you get this card, they become Verizon Dollars and can just be applied to your monthly bill. Furthermore, the Verizon Up program gives you a monthly perk, and you can select $5 in Verizon Dollars to save another $5 on your bill. If you have Verizon Wireless and FiOS you get also $10 a month in Verizon Dollars.

All of that being said, I do not use the card for anything other than my Verizon bill. I suppose that I could use it for gas, but I don't like that I lose some of the value of the rebate because I would have to use it on my Verizon bill, which means I wouldn't get the 2% on that amount. I use my Costco card for gas since I get the same 4% and can cash out the reward certificate when it arrives.

Free phone insurance would be great, but I can't see a cell phone company offering a feature that competes with something that they sell.

Synchrony Bank is my biggest concern about this card. I got mixed up with them a few years ago on a 0% APR Google device purchase. Customer service was horrible... hope they have addressed that.

I would only agree that the benefits would work if you are a Verizon customer and use the card to pay your bill. The primary reason is because it is unknown at least based on your article how much "real money" the Verizon Dollars are worth. Furthermore, it may be that the best thing to redeem for is Verizon credits. Verizon tends to be more a more expensive providers compared to others. In addition, your comparison to Citi just means that you are being paid by Citi to place them in this article because that is a return of only 2%. The three cards with Chase work much better. Reserve, Freedom, and Freedom Unlimited. Consider the increase of the value of the points when redeemed with Reserve for Chase travel. It even tops the Verizon card's 4%.

The article states the following "For first time enrollees in Verizon’s Auto Pay and paper free billing, you can receive up to $10 per month off each eligible account or line, up to 10 lines max. This offer is for first time enrollees who pay their bill with the Verizon Visa Card."

Question: If one is already enrolled in Auto Pay with Verizon with another different credit card (a non-Verizon credit card), and then one applies for this Verizon Card and enrolls it into Auto Pay, will one still get the $10 monthly credit?

Appreciate your input.

I signed up for the card in November 2020 and have been using for groceries, groceries via Instacart and Shipt. All spending I take on the Verizon Visa is at 4% category. For every $1,000 per month I am getting $40 credit to my Verizon phone bill. I am basically getting my monthly Verizon service for my family substantially covered. If any non-4% categories then that is going to cash back cards that have between 2-3% cash back. If I start traveling again I will have to re-evaluate depending on circumstances but for now the Verizon Visa 4% sending category for groceries and gas is very worthwhile as a Verizon customer and the points transfer easily after statement over to Verizon App for easy application to monthly bill. The $10 credit also applies to the Verizon Visa instead of using my checking account draft to get the auto pay discount (and I get 2% on that spend too).

I got the card and it's gotten me significant discounts on my Verizon bill. One thing that you didn't mention is that Verizon has a rewards program, and each month you get 1 credit to redeem towards a reward. Each month one of the rewards they offer is $5 decide credit. However, if you have this credit card, those device dollars come through as Verizon $$ that you can use on your bill. So on addition to all the rewards you mentioned above, I also get $5 per month in Verizon dollars vis the rewards program.