There’s the USAA® Preferred Cash Rewards Visa Signature® Card (currently unavailable through our site), it’s a great card — but is only available to people with a military affiliation (whether you’re in the military, joining the military, a military veteran, or have a parent or spouse in the military), so it won’t be applicable to everyone.
There’s also the Wells Fargo Cash Wise Visa® Credit Card. Its variable APR is 13.74%-25.74% (variable), and you’ll also get 1.5% cash back on every purchase (plus 1.8% cash back on purchases made via Android Pay™ or Apple Pay® during the first 12 months your account is open).
Full disclosure: If you’re looking for a Visa with low APR, the best place to start might be your local bank. I have a Commerce Bank Special Connections® Visa® with Rewards card that comes with a 10.49% – 20.49% variable APR and cash back rewards, but that’s because I used to live in Illinois and had a Commerce Bank checking account. (I actually called Commerce Bank to confirm that anyone could apply for this card — not just people with Commerce Bank accounts — and the company said it was available to everyone.) If you’ve got a small, local bank nearby, it’s worth looking into its credit card offerings.
Best to transfer a balance
If you’re looking to transfer a balance and pay it off interest-free, Chase Slate® has what you need. You’ll get a 15-month 0% intro APR on both balance transfers and new purchases, giving you over a year to pay off an old balance interest-free (as well as any other purchases you make during that time).
Three of the other Chase rewards cards I’ve mentioned already also offer this 15-month 0% intro APR, but there’s one big reason why Chase Slate® stands out for balance transfers: You don’t pay balance transfer fees on anything transferred within the first 60 days of opening your account (after that, 5% with a minimum of $5).
Here’s how your Chase Slate® savings might work: If you’re transferring a $3,000 balance to one of the Chase cards that include a 5% balance transfer fee, you’ll pay $150 to make that transfer. If you’re transferring to Chase Slate® within the first 60 days, that transfer will be $0. It’s a great deal, and one of the only cards out there — Visa or otherwise — that gives you a fee-free period at all.
Best for rebuilding your credit
If you want to rebuild your credit, consider the U.S. Bank Secured Visa® Card. This secured Visa card requires a deposit to open up a line of credit and is designed to help you establish or rebuild your credit. The idea behind a secured card is this: Once you’ve proven you can manage credit responsibly and pay off your balances, you’ll upgrade to an unsecured card and get your deposit back. (The U.S. Bank Secured Visa® Card lets you make a deposit of $300 to $5,000. Your credit line is equivalent to the deposit you make.)
On the other hand, the U.S. Bank Secured Visa® Card lets you earn interest on your deposit. You aren’t going to earn a lot of interest on a $300 deposit, but if you’re thinking about depositing a few thousand dollars, it’s worth keeping in mind. (Also, I’d advise strongly against putting your entire savings or emergency fund into a secured credit card just to get a higher line of credit. You want to be able to pay off your balance no matter what happens — otherwise you could lose your deposit, not to mention all of that good credit you’re building up.)
The perks of using a Visa
All of my Visa credit card recommendations are based on the perks that their issuers dictate — the Chase Sapphire Preferred® Card’s great rewards, for example, are decided by Chase, not by Visa. But Visa does bake in some extras as well.
In the US, there are really only two types of Visa cards: Platinum and Signature. The Platinum card is pretty basic, featuring customer service, emergency card replacement, and rental car collision damage coverage. Visa Signature cards are more robust, including everything from roadside dispatch and a 24/7 concierge to deals on sporting events, emergency travel assistance and extended warranty coverage.
There’s also a new, elite Visa Infinite tier — so new that the US doesn’t even have a website for it yet. Only two cards are currently available at the Infinite tier (the Ritz-Carlton Rewards Credit Card and the Crystal Visa Infinite Credit Card), and it’s basically a souped-up version of the Signature with even more luxe perks, like $100 off round-trip domestic flights, VIP “welcome service,” and a portfolio of high-end hotels.
Some cards have “Signature” included in right in their name, but often the only way to see what tier a card is available at (and that you quality for) is to apply.
The bottom line
Visa has way more credit card options than I can highlight in a single post, but these eight cards all offer excellent benefits or rewards. If you’re looking for a Visa credit card to help you transfer a balance, earn cash back or travel rewards, or rebuild your credit, start here.