What is "Signature"?

[WillF360]

I see several folks talking about Visa Signature, or "Siggy" cards.  What specifically is a "Signature" card, and how does it differ/help?  I see several people mentioning the $5,000 CL as a minimum for signature cards.  Is there anything about them that is vastly improved over non-"sig" cards? Sorry, may seem relatively newb'ish type of question, but up until this weekend, I only had the one Secured card, lol.

[azguy13]

Basically it offers good purchase protection, concierge service, and a lot of discounts at restaurants, stores, resorts, and the occasional siggy movie showing, lol. I think more than anything it is a status thing. I have 2 Signatures and have used a couple of the perks. I will try out the concierge service sometime at the end of the year I think. It just seems like I can do it myself for less of a hassle. Oh, and they all have an AF

[Omnipotent]

ALMOST all of them have annual fees.

[leoment]

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@Omnipotent wrote:
ALMOST all of them have annual fees.

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I'd even go a step further and say several actually don't carry any fees. Off the top of my head alone, I know BoA, Chase, Capital One, and Citi all issue Visa Signatures that don't carry annual fees.  A lot of smaller banks don't either - just depends on the product offering.

[cashnocredit]

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@Omnipotent wrote:
ALMOST all of them have annual fees.

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I have a Chase Freedom and gf has a Citi Forward that are both signature cards with no AF. Most fee cards, outside of rebuilders, have high CLs and most cards with CLs over 5k are either signature(Visa) or world(MC). No-fee signature Visa cards are there and many, like ours, have decent rewards as well.

[Anonymous]

A lot of Visa Signatures are fee free. For example my BOA, Chase, and Citi cards are all Signatures with no AF. As someone mentioned it has enhanced benefits compared to the Platinum (standard) tier. Purchase protection covers higher value items. There are added benefits like concierge, shopping deals, and lost luggage reimbursement. Signature cards also don't have a standard credit limit. It is technically a credit access line that you are allowed to exceed but have to pay off the difference each month. Generally you need to qualify for at least $5000 CL to get a Signature card, though the issuing bank may have further requirements.

[Anonymous]

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@azguy13 wrote:

Basically it offers good purchase protection, concierge service, and a lot of discounts at restaurants, stores, resorts, and the occasional siggy movie showing, lol. I think more than anything it is a status thing. I have 2 Signatures and have used a couple of the perks. I will try out the concierge service sometime at the end of the year I think. It just seems like I can do it myself for less of a hassle. Oh, and they all have an AF

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My BoA Visa is a signature, and it doesn't have an AF.

[09Lexie]

To add to the other benefits mentioned - flexible spending or NPSL

[too-much-time]

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@azguy13 wrote:

Basically it offers good purchase protection, concierge service, and ...

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My United Explorer card is not Signature, and yet it has purchase protection and concierge service!

[Anonymous]

OP, congrats on the mortgage and new cards! A great turn around in 18 months