If you are very much interested in a rewards program, which you can use to purchase a Volkswagen, then the Volkswagen Platinum Visa with Rewards is the best option for you. This is not all; the reward program, which entails the point system, enables you to save those points for a host of benefits.
The Different Benefits
You can use the Volkswagen Platinum Rewards Visa Card to get Volkswagen loyalty rewards. For each dollar spent at the participating Volkswagen dealers or at Volkswagen drive gear, you can earn up to two points. For other purchases, you can earn one point for one dollar spent.
You can use the Volkswagen loyalty reward points to either buy a new Volkswagen, or lease a Volkswagen. Otherwise, you may use the points to pay an automobile loan with Volkswagen credit. You may also opt for redeeming the points for a cheque or merchandise, gift certificates and in similar ways.
The added advantage of this card is that there will be a logo of the Volkswagen car on the credit card that you use. You can also make use of your loyalty rewards points for discounts for your favorite merchandise. Equipped with the reward-points, you can enjoy discounts for travel - on everything, right from airfare to hotel stays.
If you are financially disciplined, then you can make all your purchases for no interest rates. If you can make payments for all your purchases within the grace period of 20 days, then you will have to pay no interest or service fees for the purchases you make.
The Platinum card does not have any introductory annual percentage rate on balance transfers for the first twelve months. After one year the annual percentage rate changes to 15.24 percent. The variable annual percentage rates depend on the prime rate. The credit limit offered by this card is up to $100000.
The Additional Perquisites
The Volkswagen Platinum Visa with Rewards offers a myriad benefits which are quite interesting. The Platinum card enables the cardholders to benefit from up to $500000 in travel accident insurance and auto rental insurance.
The card presents the opportunity to enjoy various other advantages, which incorporates lost and stolen card reporting, travel and emergency assistance services and Internet account related services. The cardholders will not be held liable for unauthorized transactions made with the card.
Certain restrictions and limitations are applicable for the Platinum Card and persons considering opening an account are advised to go through the Guide to Benefits for detailed information.
