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Who is US Bank's AeroMexico Visa Secured card Designed For?

US Bank's AeroMexico Visa Secured card is designed for US residents with poor to fair credit who travel frequently with AeroMexico airlines and want to earn miles for their purchases and enjoy the exclusive travel perks the card gives. This is a secured card, which means the credit limit is restricted by the amount of money cardholders can place as a security deposit. The minimum security deposit is $300.

The credit eligibility requirements of this card are low, which makes a great option for people trying to build their credit while still receiving rewards on their purchases. People with good to excellent credit can qualify for US Bank's AeroMexico Visa and Visa Signature® cards, which include additional benefits.

What are the Rates for US Bank's AeroMexico Visa Secured card?

- US Bank's AeroMexico Visa Secured card has a 23.24% APR on purchases and balance transfers. There is no introductory rate available. Cash advances have a 24.49% APR. These are high rates, particularly when members are using their own savings as security for the line of credit. On the bright side, there is no penalty rate for late or returned payments.

What Are the Fees for US Bank's AeroMexico Visa Secured card Credit Card?

- The US Bank's AeroMexico Visa Secured card has a $25 annual fee that is waived the first year. It also has a 3% balance transfer fee ($5 minimumm) and a 4% cash advance fee ($5 minimu) Foreign transactions incur a 2% when the transaction is in dollars and 3% when it uses a foreign currency. Late payments come with a $37 fee and a returned payment triggers a $35 fee.

What Is US Bank's AeroMexico Visa Secured card's Rewards Program Like?

US Bank's AeroMexico Visa Secured card gives members 2 miles for every $1 they spend on gas, groceries and AeroMexico ticket and vacation purchases. All other purchases earn 1 mile for every $1. These are generous rates for a secured credit card, particularly when you consider the low annual fee and that it is a secured credit card.

What about US Bank's AeroMexico Visa Secured card's Signup Bonus?

The US Bank's AeroMexico Visa Secured card gives new members a 5,000 miles bonus after they have used the card for the first time. That is the equivalent of $50, or the annual fee for two years.

Does US Bank's AeroMexico Visa Secured card Have Any Other Benefits?

US Bank AeroMexico Visa Secured cardholders receive complimentary baggage on AeroMexico flights, a complimentary companion certificate, and an additional $99 companion certificate..

How Is US Bank's AeroMexico Visa Secured card Better Than Other Credit Cards?

The US Bank's AeroMexico Visa Secured card provides frequent flyers with AeroMexico airlines who have poor credit an option to earn miles and benefit from travel benefits without paying a high annual fee. Members receive double miles for gas, groceries and AeroMexico purchases, which is rare for this type of credit card. The $25 annual fee is waived the first year and, in any case, the complimentary baggage, free companion certificate and the signup bonus more than cover the cost.

  • Credit Score Range
    640 - 850
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Age
    18
  • Supported Income Types
    • 1099 Misc. Income
    • Cash / Other
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
  • Annual Fee
    $25
  • Grace Period / Deferred Interest
    24
  • Late Payment Penalty
    $37
  • Minimum Interest Charge
    $2
  • Returned Payment Fee
    $35
  • Foreign Currency Transaction Fee
    3%
  • No Annual Fee First Year
  • Car Rental Insurance
  • Travel Insurance
  • Air Miles
  • Signup Bonus
    $50
  • Credit Limit
    5000
  • Purchases APR
    Starting at 23.24%
  • Transfer Fee
    3% w/$5 min.
  • Balance Transfer APR
    Starting at 23.24%
  • Card Type
    • Rewards
    • Secured
  • Card Network
    Visa
  • Customer Type
    Personal
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