Virtually every bank offers a multitude of Visa credit cards. Your options are in the thousands. Visa does not issue credit cards directly--banks decide on terms and conditions, fees and interest rates and qualifying criteria, which can make choosing a credit card very difficult and confusing.

Types

Banks issue Visa cards for personal, business, student, commercial and even government-focused use. There are gold, platinum and black cards, each denoting a higher level of credit and may even carry a "no limit" credit line.

Features

There are reward cards, premium reward cards, cards that offer cash back or points and cards that carry low or 0 percent interest. Premium reward cards offer benefits such as purchase security, travel and emergency assistance, travel accident insurance and discounts for food and wine and entertainment.

Benefits

Some banks offer Visa cards that give airline miles for every dollar spent on purchases every month. Others may offer auto rewards or save you money on the purchase or lease of your next automobile.

Considerations

If it sounds too good to be true, it just might be. Be wary of big promises of such things as low interest rates that may draw you in, only to see rates increase over time without warning. Reward points or cash back offers, airline mileage and auto incentive rewards may have expiration times or limits.

Bottom Line

There are just too many types of Visa credit cards out there to list all of the features, benefits and considerations. Shopping around and becoming informed on what different banks have to offer and taking into consideration your specific needs are the best ways to choose the card that is right for you.

Source:

Visa.com