Comerica Bank Visa® Signature Credit Card
- Minimum Credit Required:
Excellent - Annual Fee:
None - Network: VISA
| Initial Bonus |
Base Earn |
Max Earn |
Earn / Redeem Limit |
- Earn one point for every net dollar spent.
- 1% unlimited cash back.
- Roundtrip airline ticket at 25,000 points.
- Choose Your Own Rewards — redeem reward points for any card purchase.
- Earn 2,500 first-use bonus points, which you can redeem for a $25 statement credit.
| Intro Rate |
Intro Period |
Regular Rate |
| Intro Rate0% | Intro Period6 months | Regular Rate9.99% - 20.99% | Balance Transfer Fee |
| Cash Advance Rate |
Cash Advance Fee |
- No Preset Spending Limit.
- Exclusive Signature privileges.
- No annual fee.
- Max Late Fee:
$35 - Max Overlimit Fee:
None - Max Penalty APR:
None
- Grace Period:
24 days - Online Response:
No - Foreign Transaction Fee:
3%
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The card information shown on this page was last updated: May 3rd, 2012 at 7:23 EDT
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There are a lot of credit cards from a lot of banks out there, and it can obviously be difficult to decide which is the best for your needs. Most people opt for a card from one of the huge national banks, but oftentimes, no matter what you’re shopping for, the best deals take a little digging to find. So, is the Comerica Bank Visa Signature Credit Card one of those hidden gems, or is it not talked about for good reason? Starting with rewards, the Comerica Visa Signature Card offers one point per dollar spent, redeemable at a rate of 1%. Uh, that’s about it. Moving on to rewards, the Comerica Bank Visa gives you 0% on purchases and transfers for 6 months. That might seem good without a basis for comparison, but you need to consider that there are cards out there that offer 0% on both for 18 months. There are also a couple of cards (Chase Slate and Discover More) that offer 0% for 15 months in addition to no balance transfer fee (the Comerica Bank Visa Signature Card has a 3% transfer fee). Even though the Comerica Bank Visa does not have an annual fee, it does require excellent credit, which means its terms are insufficient and you need other options. This is especially true since Visa Signature Cards have the No Preset Spending Limit (NPSL) feature, meaning your credit utilization could be misleadingly high and your credit score could fall. Those of you looking for a Comerica Bank Visa in the hopes of finding great rewards, would be well served by checking out either the Chase Sapphire Preferred Card, which offers an initial bonus worth $500-625, the Capital One Venture Card (2% cash back across all purchases as long as miles are redeemed for travel related expenses), or the Amex Blue CASH Everyday (3% cash back at supermarkets, 2% at gas stations and department stores and 1% everywhere else). People interested in the Comerica Bank Visa for low interest rates, would do better with the aforementioned Chase Slate and Discover More Cards, which offer 0% on purchases and transfers for 15 months and do not have a balance transfer fee.