Verizon Making Changes To Earn Rates On Credit Card

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• Fios customers can sign up for this card now.

• And they mailed me a new card and it’s plastic now not metal

• I keep this card just to pay my monthly bill. It's either that or give Verizon direct access to my bank account in order to keep the discount.

  • It's disappointing they cut the earn rate but it's a captive audience - either pay $10 more per line and get a higher CB rate or get whatever Verizon chooses to give you in exchange for that autopay discount

• They used to have Verizon up which gave us free stuff every month, now I see an update on the app they're not even embarrassed and they just call it myaccess to get sports tickets etc.

  • Yeah, before Verizon Up was gutted, we all basically got an additional $5/month off our bills.

• Was actually planning to get this once the 200 dollar SUB was back but 1% back on verizon bill is just laughable for the branded card. My fios is the only bill I can't get cash back from one way or another with their autopay games. It was a tough pill to swallow with the 2% before but 1% is just rough.

  • If you're a Verizon subscriber, isn't 1% better than 0% when drawn from a checking account?
    Maybe we could manually pay a Verizon bill with Chase Ink, but for ease of use, this card qualifies for the auto-pay discount.
    Granted, if you're trying to stay low on card counts, this card wouldn't be one of the first cards to pick up.

    • Chase Ink card qualifies for the Verizon auto pay discount? Where is this posted?

• I use the card solely for my Verizon bill (which saves me $40/ month and 1%) and 4% back on gas. How is it not worth it?

• I wouldn't *become* a Verizon customer to get this card, but if you are already a Verizon postpaid customer, this is still one of the only cards with an uncapped grocery category, and 4% is as good as it gets for that.

  The only thing that competes if you are a high spender and don't want to manage caps is the US Bank Altitude Reserve, and that requires that you are always using mobile pay, redeeming the points for travel, and managing an AF card.

  Add to that that this is one of only a few no-AF cards that have all of Grocery, Dining, and Gas as categories (for people who value having to juggle fewer cards), and this card definitely has its niche.

  • The primary reason to get this card is so Verizon DOES NOT touch my bank account and still maintain the $10/line autopay discount (cue multiple T-Mobile and AT&T data branches).

    Any cash back is just extra gravy.

    • Never understood why people don't want companies to touch their bank but are happily letting them extend credit which could be much worse. I for one have many bank accounts and one of them has a low balance thats used for bills

• This is a great card for international use ironically. No foreign transaction fees, no AF, 4% on both groceries and restaurants.

• I don't know why the hate on the card unless you not a Verizon wireless customer. I just buy 4 gift cards from my local grocery story to cover my bill and that includes their premium plan and phone payment. In effect I'm just paying $28 per month.

  • Verizon GC or Visa/Mastercard GC?

    • I'm assuming Visa/MC GC.

      $500 x 4 x 4% = $80

      which is how much I think a typical Verizon bill is.

      Then the $7 GC fee times 4 brings us to the $28 Mr. CT mentioned.

      • Yeah thats right

    • I don't think grocery stores sells regular verizon GCs, I've only seen the prepaid ones. I am able to buy verizon GCs directly from verizon's site and have it shipped. US Bank Cash + gives 5% back on those purchases, which can then be used to pay your bill and have autopay enabled (I leave like $10 left for autopay)

• It also gives you two free Travel Pass days each year which is worth $20. I use it only for the Verizon bill.