SKYPASS Visa Card Review | CreditShout

SKYPASS Visa Card Review

By Kevin / December 22, 2010

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Verdict: Again, how good you consider this card depends on how often you use Korean Air Lines, since that is the card sponsor. And, while rewards points, discounts, and other benefits are more numerous than most Visa cards, even non-sponsored ones, you are limited in getting them because of having to use Korean Air Lines.

Overview: The SKYPASS Visa card comes in both a signature type and regular type. The signature one offers more rewards points and benefits, but does require that you sign a credit slip each time the card is used, whereas the regular one does not.

How This Card Works: Each time you use your SKYPASS Visa card to make purchases, book travel and lodging, and for other reasons, your earn SKYPASS miles, which can be redeemed for discounts on Korean Air Lines tickets and other things. If you use the Signature card, you must sign for credit transactions; if you use the regular card, you don’t have to do that.

Travel and Shopping Benefits: The SKYPASS Signature card offers a number of travel and shopping benefits, some of which are not offered on other credit cards at all and which allow you to earn SKYPASS miles. These include charging admission prices and other things on your card at sports and entertainment venues, and having access to travel, hotel, and spa benefits, as well as shopping benefits. These “perks” are only available on the Signature card.

Fees: The annual fees are $80 for the Signature card; $50 for the “classic” one. Balance and transaction fees are about what you would pay on other cards, $5 or 3% or $5 or 4%, whichever is greater, which is about what most other cards charge.

Pros:

  • Definitely more “perks” on Signature card

Cons:

  • “Perks” are only available on signature card
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.

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