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There’s a new signup bonus for up to $200 in credits. Here’s how it works:
Use the Verizon Visa Card to pay your monthly Verizon bill, and get up to $100 in wireless bill credits over 24 consecutive months. The credit is applied to your bill over 24 consecutive billing cycles. That’s a credit of $4.17 credit per monthly bill.
Check out the Verizon Visa Card review below.
Update: The Verizon Visa Card is now available for everyone with a Verizon Wireless account.
Verizon and Synchrony Bank have partnered together to launch the new Verizon Visa Card. The card is exclusively available to Verizon wireless customers starting this Friday, June 26. The Verizon Visa Card gives Verizon customers the chance to earn generous rewards in popular categories. But the main drawback of this product is that rewards can only be redeemed for Verizon purchases.
The Verizon Visa Card is available for Verizon Wireless account owners or manager on an account with a maximum of 10 phone lines. If you have a Verizon wireless account with more than 10 phone lines or a prepaid account, you’re not eligible to apply.
The card also makes sense only for Verizon customers. So even if you were allowed to apply, there’s no incentive to do so. If you cancel your Verizon plan, you’ll no longer earn rewards, discounts or Verizon Dollars with the credit card. You can still keep using it with no rewards.
Customers can apply now until June 25 at 9 p.m. ET to receive early access to the card. You can apply online, in the My Verizon App, in-store or by phone. Visit verizon.com/bethefirst. Additionally, Verizon is dividing up $1 million Verizon Dollars equally among cardholders approved during the early access window. You can receive up to $1,000 Verizon Dollars.
The Verizon Visa Card has a very competitive earning structure, especially for a no-annual-fee card.
The Verizon card has a unique rewards program that is severely limited in use. The rewards you earn are called Verizon Dollars, and they can only be redeemed for Verizon purchases. You can use your Verizon Dollars to purchase new devices, accessories or to pay your monthly Verizon Wireless or Fios bill.
One Verizon Dollar is worth $1. There’s no limit on the Verizon Dollars that you can earn and they never expire.
This card does not have an annual fee.
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