UPDATE: Readers have pointed out that you can get the same $10 per month discount by auto-paying your Verizon bill with a debit card or bank account. To me, this significantly reduces the added value of this Verizon Visa Card.
The Verizon Visa Card appears to be a solid choice Verizon Wireless customers, especially those who pay for multiple lines on a single bill. The reason? If you set up Autopay to the Verizon Visa Card, you’ll get $10 off per month per line on up to 10 lines. So, for example, a family with 4 lines will save $40 per month or $480 per year by simply setting up their account to auto-pay their monthly bill with the Verizon Visa Card.
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Beyond the $10 per month per line savings, the card also offers very good grocery and gas earnings (4%) and decent dining earnings (3%). Rewards are in the form of Verizon Dollars which can be used to pay your monthly statements or anything else from Verizon (such as a new phone). The card also offers no foreign transaction fees and no annual fee. You must be a Verizon customer to sign up for this card.
Bottom line: If I was a Verizon customer I’d be tempted. In my case, we have multiple family members on our AT&T account. If I could sign up for a single free credit card in order to save $10 per month per line, I would do it.
