No to limited cash spending is getting more common around every corner of the world. People now enjoy paying with their bank or credit cards at restaurants or shopping complexes instead of having to withdraw cash. This is one of the best social technology innovations in the 21st century. Not only is it easier, but it’s also safe as long as important info about the card isn’t shared which is the pin passcode. Multiple payment systems issue virtual cards for transactions.
The cards do vary as some only work for domestic payments while others work for both domestic and international. For instance, the verve card in some countries doesn’t work for international payments while the MasterCard does. To have international safe payment, here are the top 5 best virtual cards in 2022.
Citi Custom cash
A Mastercard credit card that gives cardholders the chance to earn cash back is the Citi Custom CashSM Card. No registration is ever required for rotating bonus categories for card members. It has no annual fee and gives 5% cash back on your highest eligible spend category (gas stations, grocery stores, select travel, streaming services, etc).
Each billing cycle up to $500 spent on these categories will give 5% cash back after. You can register this card for a specific category and when you buy much with it, you’ll get 5% back. However, it has a 3% transaction fee for international use.
Chase freedom flex and unlimited
Chase cards use the Visa network, the new Chase Freedom FlexSM uses the Mastercard network. With a welcome bonus of $200 after spending $500 on purchases in the first 3 months of account opening. You also get a 5% back on gas for the first year.
Unlimited is different from flex as you will get 1.5% back on everything you buy with it that isn’t listed in the categories. Both have no foreign transaction fees when used for international transactions. Chase credit cards aren’t the simplest to obtain, though, as most of them demand strong or great credit to be approved (700 or more).
Capital one venture X
Easy to use premium travel card. This is the solution for travelers who require a personal credit card to handle their travel-related transactions. The best price on their app will be provided when using this credit card for travel. Best price selected from checked Expedia, Travelocity, and other sites. If you book a flight as they advise and the cost reduces later, you’ll get a portion of your money back.
Comes with an annual fee of $395, which is low compared to its competitor’s $300 annual travel credit which you can use to book flight or hotel tickets. Also, you get a 1000miles gift which you can redeem to get $100. If you spend $4000 in the first 3 months, you’ll be eligible to get a 75,000mile bonus which is worth a minimum of $750
Discover it back cash
Easy to get approved for beginners and also include values. After you open your new Discover it cashes back card, Discover will instantly match all the cash back you earn after your first year. 1 Therefore, if you receive $50 cash back, we will also offer you $50.5% cash back, no welcome bonus, and no foreign transaction fees
Amazon prime reward
On purchases of $50 or more made with the Amazon virtual cards. Cardmembers can opt to receive 3% back (or 5% back with a qualifying Prime membership) or 0% promo APR for 6–18 months. No transaction fees, you need amazon prime to get benefits. A welcome bonus gift card, and 5% back, everywhere you use. The variable APR ranges from 16.49% to 24.49% after the 0% promotional period. Members of the eligible Prime credit card program receive 10% back or more on a varying number of products and Amazon categories. Time-limited promotions.
