You may not have heard of the Uber Visa credit card yet, especially when you consider the fact that it has only been available for a short time. If you base everything on your name, you may be missing some important details. You are most likely wondering if there is any point in getting the card if you are not a regular Uber user. Of course, the card is named after Uber and there are certain benefits available to people who use the service on a routine basis. That being said, anyone can apply for this credit card and use it, regardless of whether they have ever used Uber or intend to use it in the future. Consider the 10 benefits of having an Uber Visa credit card listed below.
1. They have great cash back benefits
There are many credit cards that give you a one or two percent cash back on purchases, but with this one, you get up to 4 percent cash back when you go out to dinner. That’s practically unheard of and definitely worth getting your attention.
2. There is no annual fee
If you’ve ever paid an expensive annual fee for a credit card, you know how beneficial it is to have one that doesn’t come with this type of luggage. Annual fees are just another way the credit card company can charge you for doing business with them. In fact, those who charge an annual fee will immediately charge your account when you open it and then charge you an equally substantial amount every year thereafter. It’s almost like being punished for choosing to do business with them by carrying your credit card. Here, you don’t have to worry about any of that nonsense.
3. They have great bonuses
This program rewards you with points. Eventually, those points can be used to get cash. If you spend $ 500 within the first three months of opening your account, you automatically earn 10,000 bonus points, which is the equivalent of receiving $ 100 for doing essentially nothing. It’s like getting the last $ 100 in free purchases.
4. Cell phone insurance
You probably have insurance on your cell phone through your wireless service provider, but if you’ve ever tried using it, you also know how painful it can be. This credit card is making things better by offering up to $ 600 in cell phone protection and all you have to do is pay your cell phone bill with your credit card every month. That protection protects against damage and theft, so it’s worth having.
5. You will not be charged for foreign transactions
That’s right, with this card, there are no overseas transaction fees. That is one more way to save money.
6. It is not necessary to have a great credit to obtain it.
If you have average credit, you probably won’t have a problem getting this card. Even if you’ve had credit problems in the past, it’s worth applying because you have a chance to get approved.
7. The APR is reasonable
Nobody likes the idea of having a credit card with a 35 percent annual percentage rate. This is much more reasonable, less than 24 percent for most clients. If you have excellent credit, you can probably get an even better rate.
8. Expect a decent line of credit
Have you ever applied for a credit card and got approved, only to find that your credit limit was about $ 200? That may make you wonder why you went to the trouble to apply in the first place. With this card, you can normally expect your credit limit to be at least $ 500, maybe more.
9. If you use Uber, you get special benefits
Since the card is named after the Uber company, this is something you would probably expect. If you use Uber frequently to get rides, you can get some big discounts by paying with this card.
10. Maintaining your account is quick and easy
Of course, it’s even better when you can maintain your account and even pay your bill online. It takes all the hassle out of having a credit card and puts you in control when it comes to maintaining your credit. You can check recent transactions, pay your bill, and even request an increase in your line of credit, all from the comfort of your home.