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Question about Visa Signature

Established Member

Question about Visa Signature

I was recently approved for the Citi AA card with a limit of $2800.  I got my welcome letter today and it says that it is a Visa Signature.  I was under the impression that a Signature card required at least a $5000 limit.  Is this incorrect?

EQ-679 TU-721 EX-?

Citi Diamond Preferred ($1K) Cap One Venture ($2500) Discover IT ($4400) Chase Slate ($400) BofA Case Visa ($1000) CiTi AA ($2800)
14 REPLIES
Moderator Emerita

Re: Question about Visa Signature

Usually but not always. If your bank says it is then I'm sure it is. Just like some CL at $5000 are not Visa Signature. I have a $10k Visa and its not a Signature- my CU doesn't have Signature Visa's.

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Valued Contributor

Re: Question about Visa Signature


kyjd-2015 wrote:

I was recently approved for the Citi AA card with a limit of $2800.  I got my welcome letter today and it says that it is a Visa Signature.  I was under the impression that a Signature card required at least a $5000 limit.  Is this incorrect?


I believe that's set by the issuer, and not Visa per se. There's no "requirement" by Visa.  Each issuer determines what their minimum criteria is for a Visa Signature card, and they may have different standards depending on where one's credit scores and other factors, lands them. 

EX = 849 EQ = 850 TU = 850 as of 07/2017
Retired and Retiring Cards!
Valued Contributor

Re: Question about Visa Signature


thom02099 wrote:

kyjd-2015 wrote:

I was recently approved for the Citi AA card with a limit of $2800.  I got my welcome letter today and it says that it is a Visa Signature.  I was under the impression that a Signature card required at least a $5000 limit.  Is this incorrect?


I believe that's set by the issuer, and not Visa per se. There's no "requirement" by Visa.  Each issuer determines what their minimum criteria is for a Visa Signature card, and they may have different standards depending on where one's credit scores and other factors, lands them. 


Citi seems to be the only one that will give out Visa Signature cards with a CL below 5k.... maybe they have some kind of deal with Visa?

Chase Sapphire Perferred | Chase Freedom | AMEX Platinum | AMEX Delta Platinum | AMEX SPG | Capital One Venture | Capital One Quicksliver | Discover IT | ABFCU Visa | Citi AA WEMC
Established Contributor

Re: Question about Visa Signature

This is the same as my Citi ThankYou Preferred. It has a CL of $3500 but is a visa signature and is NPSL. 

Discover IT $35K | FNBO Visa $30K | Cash+ Visa Sig $19.5K | Southwest Premier $16K | Priceline $15K | Citi Forward $14.3K | US Bank Plat $14K | Commerce Bank $13K | CSP $13K | CSR $10K | Sallie Mae World MC $10K | Lowe’s Consumer 10K | BoA Cash Rewards 1-2-3 Sig $7.5K | Fidelity Visa $7K | Citi Double Cash $6.5K | WF Cash Back Visa $5.4K | Capital One Cash Rewards $5K | AMEX BCE $3.9K | Freedom $2.5K | Younkers/Comenity $2.4K | Kohl’s 1.5K | Target $1.4K | EX FICO (from AMEX): 768, TU FICO (from Discover): 797, AAoA: 4.4 years
Valued Contributor

Re: Question about Visa Signature

My step dad has a BoA Visa Signature with a CL of $2,000 or so...I know this because he had me pay the bill for him online a few times...lol.

Scores 5/15/2016 (clean reports!): TU Walmart FICO: 696 | EQ FICO: 679 | EX AMEX FICO: 680

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | Citi AAdvantage Platinum Select World MasterCard: $6400 | Barclaycard Arrival World MasterCard: $1000 | Discover IT: $2500 | Amazon Rewards Visa Signature: $1500 | Chase Freedom: $1500 | Capital One QuicksilverOne MasterCard: $2100 | Target: $2800 | J.Crew $21,550 | Marvel (Captain America) MasterCard: $6000
Regular Contributor

Re: Question about Visa Signature


ryanbush wrote:

thom02099 wrote:

kyjd-2015 wrote:

I was recently approved for the Citi AA card with a limit of $2800.  I got my welcome letter today and it says that it is a Visa Signature.  I was under the impression that a Signature card required at least a $5000 limit.  Is this incorrect?


I believe that's set by the issuer, and not Visa per se. There's no "requirement" by Visa.  Each issuer determines what their minimum criteria is for a Visa Signature card, and they may have different standards depending on where one's credit scores and other factors, lands them. 


Citi seems to be the only one that will give out Visa Signature cards with a CL below 5k.... maybe they have some kind of deal with Visa?


Visa signature cards earn Citi higher swipe fees from merchants. So it makes sense Citi would issue mostly signature cards to earn more money.

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Re: Question about Visa Signature


injustifiiable wrote:

My step dad has a BoA Visa Signature with a CL of $2,000 or so...I know this because he had me pay the bill for him online a few times...lol.


Interesting. This is the first time I've heard of this with BofA. Your stepdad must've got the card a while back! Smiley Happy

 

Established Member

Re: Question about Visa Signature

Thanks, everyone.  Last question...what is the real difference between Visa and Visa signature?

EQ-679 TU-721 EX-?

Citi Diamond Preferred ($1K) Cap One Venture ($2500) Discover IT ($4400) Chase Slate ($400) BofA Case Visa ($1000) CiTi AA ($2800)
Regular Contributor

Re: Question about Visa Signature


kyjd-2015 wrote:

Thanks, everyone.  Last question...what is the real difference between Visa and Visa signature?


concierge and no preset spending limit.