Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- JT Genter, ValuePenguinThe Korean Air SKYPASS Visa Signature Credit Card is a niche card. Travelers that fly Korean Air at least once a year may benefit from the $50 Korean Air coupon and lounge passes. In addition, frequent Korean Air flyers could use the credit card to earn toward Morning Calm Club elite status.
- Kelly Dilworth, CreditCards.comWith an average sign-up bonus and a low rewards rate, the SKYPASS Visa Signature card is not a great choice for many cardholders; but frequent travelers to South Korea can eke some good values out of it.
- Daniel Gillaspia, UponArrivingThe SKYPASS Visa Signature Card is a decent travel rewards card especially if you can catch it at one of the higher bonuses. It offers respectable earning rates and some good perks when flying on Korean Air but they do come with some pretty limiting restrictions.
- Anthony Nguyen, Bank Deal GuyThis card does not offer any spending categories or high reward rates for your purchases. This then makes it hard for one to justify the high annual fee of $80 if you’re a Korean Air customer/consumer.
- Anya Kartashova, RewardExpertThe Korean Air Skypass Visa Signature card earns miles in the Skypass frequent flyer program. Those miles can be redeemed for flights on Korean Air and other SkyTeam alliance member airlines.
Interest Rates | |
---|---|
Regular APR Interest Rate |
22.24% ‐ 31.24% (Variable) This APR will vary with the market based on the Prime Rate. |
Balance Transfer Interest Rate |
22.24% ‐ 31.24% (Variable) This APR will vary with the market based on the Prime Rate. |
Cash Advance Interest Rate |
31.24% (Variable) This APR will vary with the market based on the Prime Rate. |
Rates & Fees | |
Annual Fee | $99.00 |
Balance Transfer Fee |
3% Minimum of $5 |
Cash Advance Fee |
5% Minimum of $10 |
Foreign Transaction Fee | $0.00 |
Over Limit Fee | $0.00 |
Late Payment Fee |
$41.00 Maximum |
Promotions | |
Sign up bonus |
40000 miles after spending $3,000 On purchases within the first 3 months. |
Rewards | |
All Purchases | 1 miles for $1 spent |
Restaurants |
2 miles for $1 spent Including takeout and restaurant delivery |
Gas | No |
Groceries | No |
Hotels | 2 miles for $1 spent |
Travel |
2 miles for $1 spent On Korean Air ticket purchases. |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | No |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | No |
No Foreign Transaction Fees | Yes |
Emergency Assistance | Yes |
Concierge Service | Yes |
Price Protection | No |
Fraud Protection | No |
Free Credit Scores | No |
Wireless Payments | No |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age | 18 |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
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