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Verdict: If you use Korean Air Lines or a partner airline for your international travel to the Orient and other places, you can earn rewards points on your SKYPASS Visa Classic card. If you don’t, you’ve basically just got another Visa credit card.
Overview: The SKYPASS Visa Classic Card is an airline-sponsored card. In this case, Korean Air Lines is the sponsor. The classic card is different from the SKYPASS card in that no signature is required when you use it for transactions, but neither does it have any of the benefits that the Signature card.
How This Card Works: Each time you use your SKYPASS Visa Classic card to purchase airline tickets on Korean Air Lines, you earn one point for every $1 you charge on the card. You don’t have to sign a SKYPASS Visa Classic credit slip with the classic card.
Travel and Shopping Benefits: No matter what you purchase with the SKYPASS Visa Classic card, you earn one reward point (in this case, its one airline mile) for every $1 you spend.
Fees: Annual membership is $50. The other fees, for balance transfers and similar transactions are comparable to other cards–$5 or 3%, or $5 or 4%, depending on the purchase.
- Not very many, really. No “perks” such as those given with SKYPASS Visa Classic Signature card.
- Only one mile awarded for every $1 spent.
- Limited to Korean Air Lines and partner carriers.