Cathay Pacific Visa Signature® Card

Cathay Pacific Visa Signature® Card Review

This is a rewards card issued by Synchrony Bank. If you're wondering whether Cathay Pacific Visa Signature® Card is the right card for you, read on.

Key Takeaways

• Signup bonus. Offers a signup bonus of 40000 points after spending $3,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 19.24% up to 22.24%.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, extended warranty protection on purchases, travel accident insurance, travel assistance, trip cancellation and interruption protection, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Cathay Pacific Visa Signature® Card

The Good

The Bad

Marco Polo Green Club membership, free for the first year. Membership offers perks like priority boarding, extra baggage redemption, lounge access redemption and extra leg room seat redemption. No foreign transaction fees. Mileage sign up bonus for new customers. Multiple credit card perks. Offers Auto Rental Collision Damage Waiver. Extended warranty on purchases. Free access to your credit score. Travel accident and travel assistance insurance. Trip Cancellation and Interruption Protection. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Cathay Pacific Visa Signature® Card is accepted. Cathay Pacific Visa Signature® Card reports to multiple credit bureaus.

Annual fee applies immediately, unlike many airline credit cards that waive their annual fee for the first year. Current or past card holders are not eligible for the sign up bonus. Lower points per dollar than similar travel cards. Higher than average purchase APRs. Charges an annual fee of $95

Cathay Pacific Visa Signature® Card FAQ

Does Cathay Pacific Visa Signature® Card have a cash back or rewards program?

Cathay Pacific Visa Signature® Card is a travel rewards card.

Cathay Pacific Visa Signature® Card Rewards

Minimum rewards rate	1x
Max rewards rate	2x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	40000
Signup Bonus Spend Requirement	$3000
Signup Bonus Spend Period (months)	3 months

What are the Cathay Pacific Visa Signature® Card benefits?

It provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Cathay Pacific Visa Signature® Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Cathay Pacific Visa Signature® Card has a variable purchase APR that ranges from 19.24% up to 22.24%. It also has a variable cash advance APR of 29.99% .

What are the fees for Cathay Pacific Visa Signature® Card?

The following fees apply:

Cathay Pacific Visa Signature® Card Fees

Description
Cash Advance Fee Minimum	$10
Cash Advance Fee (%)	Up to 5%
Minimum Cash Advance Fee ($)	Starting at $10
Foreign Currency Transaction Fee	0%
No Foreign Transaction Fee?
Annual Fee	$95
Minimum Interest Charge	$2
No Interest Grace Period for Late Payment	23 days
Returned Payment Fee	$30
Late Fee Amount	Up to $40

This card charges a $95 annual fee.

Does Cathay Pacific Visa Signature® Card report your account activity to credit bureaus?

Yes, Cathay Pacific Visa Signature® Card 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 may help improve your credit.

How to apply for Cathay Pacific Visa Signature® Card

• Visit the Cathay Pacific Visa Signature® Card 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.