Avianca Life Miles Vuela Visa Review

Avianca Life Miles Vuela Visa is a rewards credit card issued by Banco Popular de Puerto Rico. If you're wondering whether Avianca Life Miles Vuela Visa is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of 40000 points after spending $1 that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Avianca Life Miles Vuela Visa has a variable purchase APR that ranges from 14.99% up to 27.99%.
• 2% Balance transfer fee. Avianca Life Miles Vuela Visa charges a fee of up to 2% on balance transfers. For example, a balance of $1,000 could cost up to $20 in transfer fees. The minimum fee is $2.
• Gas rewards.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Avianca Life Miles Vuela Visa Pros and Cons:

The Good

The Bad

Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. 0% APR on new purchases during the first 12 months. Offers auto rental collision damage waiver. Travel accident insurance. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Avianca Life Miles Vuela Visa reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Requires good to excellent credit. Charges an annual fee of $149 Charges a 2% balance transfer fee.

Is there a Avianca Life Miles Vuela Visa cash back or rewards program?

Avianca Life Miles Vuela Visa offers a rewards program to its customers.

Avianca Life Miles Vuela Visa Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	40000
Signup Bonus Spend Requirement	$1

What are the Avianca Life Miles Vuela Visa benefits?

Avianca Life Miles Vuela Visa provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Travel Accident Insurance
• Reports to major credit bureaus

What are the relevant APRs for Avianca Life Miles Vuela Visa?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Avianca Life Miles Vuela Visa has lower than average purchase APRs.

Avianca Life Miles Vuela Visa has a variable purchase APR that ranges from 14.99% up to 27.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 27.99%. It also has a variable cash advance APR that ranges from 25.99% up to 29.99%.

What are the fees for Avianca Life Miles Vuela Visa?

The following fees apply to Avianca Life Miles Vuela Visa:

Avianca Life Miles Vuela Visa Fees

Fees	Amount
Annual Fee	$149
Returned Payment Fee	$10
Late Payment Fee	$38

Does Avianca Life Miles Vuela Visa report your account activity to credit bureaus?

Avianca Life Miles Vuela Visa reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Avianca Life Miles Vuela Visa

• Visit the Avianca Life Miles Vuela Visa website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.