The Volkswagen Platinum Visa® Card with Rewards, issued by First USA, is designed for those with very good credit who plan to take advantage of the reward program. Through the reward program, cardholders earn two points for every dollar spent on purchases at participating Volkswagen dealers or at Volkswagen DriverGear, and they earn one point for every dollar spent on all other purchases. Points are redeemable for checks that can be used at participating Volkswagen dealerships or as payment toward an automobile loan with Volkswagen Credit. Points are also redeemable for travel, gift certificates, and various merchandise. There is no maximum amount of points that can be accumulated per year; however, points will expire in five years. The interest rate for purchases and balance transfers is reasonable for a reward card, and there is no annual fee. In addition, there is a 0% introductory offer that applies to purchases and balance transfers for the first six billing cycles. Those who plan to occasionally carry a large revolving balance may find doing so costly due to the "Two Cycles Average Daily Balance" method used by this credit card to determine finance charges, which ends up costing more to maintain an occasional balance as compared to the "Average Daily Balance" method used by many credit card issuers. In addition to the reward program, the card offers a variety of platinum cardholder benefits such as up to $500,000 in travel accident insurance, auto rental insurance, and extended warranties for purchases. Therefore, those who plan to take advantage of the introductory offer, the reward program, and the various benefits offered may find the Volkswagen Platinum Visa® Card with Rewards to be a suitable option.

Most Attractive Feature(s): No annual fee; reward program offered; common platinum benefits.
Least Attractive Feature(s): Uses "Two Cycles Average Daily Balance" method when determining finance charges; higher APR applied to lower qualifying applicants.

Additional Perks

Various Internet account related services.
Emergency card replacement.
Emergency cash replacement.
Lost and stolen card reporting.
Auto rental insurance (Auto Rental Collision Damage Waiver).
Various travel and emergency assistance services.
Extended warranty for purchases.
Purchase protection.
No liability for unauthorized transactions.
Travel accident insurance.
Year-end financial statement (upon request).
See website for additional benefits.
Certain restrictions, limitations, and exclusions apply.
If an account is opened, please refer to the Guide to Benefits for details.

Rates & Fees