ICBC Preferred Visa Card Review: Get $50 Bonus

ICBC dropped their collection of Credit Cards for the United States audience in late-2016 and the first one I’d like to introduce is the ICBC Preferred VISA Credit Card. Right now, when you open a Preferred VISA, you’ll be able to reap $50 in cash bonus when you make $1,000 on purchases within the first 3 months of account opening. As far as rewards go, you’ll be earning 1% cash back on every purchase on top of no foreign transaction fees, no liability on unauthorized purchases, no annual fee, and the ability to rent your car and get Auto Rental Collision Damage Waiver without having to pay extra.

Alternative Credit Card Bonuses:

ICBC Preferred Visa Card Summary:

• Learn More
• Maximum Bonus: $50 Cash Bonus
• Spending Requirement: $1,000 within the first 3 months.
• Annual Fee: None
• Expiration Date: None
• Additional Advice: Rent your car with ICBC card and get Auto Rental Collision Damage Waiver without paying extra

ICBC Preferred Visa Card Features:

• $50 cash bonus when you make $1,000 on purchases in the first 3 months from account opening
  
• EARN 1% cash back on every purchase
  
• No foreign transaction fee and no liability on unauthorized purchases
• Rent your car with ICBC card and get Auto Rental Collision Damage Waiver without paying extra
  
• No annual fee

Preferred VISA Pros:

• No annual fee

Preferred VISA Cons:

• Lackluster rewards system
• Weak sign-up bonus

Conclusion:

The ICBC Preferred VISA Credit Card lacks a certain sense of enthusiasm with it’s rewards; a lack-luster 1% everywhere with no other key benefits to lean on. The only thing decently appealing about this card is that there’s no foreign transaction fee or annual fee. It may be worth noting that VISA has on average a 1.43% – 2.4% processing fee. Check out our complete list of Credit Card Promotions for any and all of your credit card necessities!