answersLogoWhite

0

"A Virtual Credit Card is a Credit Card that exists solely online. One may benefit from it by not having to keep track of the location of a physical card, nor having to worry about their copy getting lost or stolen."

User Avatar

Wiki User

13y ago

Still curious? Ask our experts.

Chat with our AI personalities

ReneRene
Change my mind. I dare you.
Chat with Rene
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
JordanJordan
Looking for a career mentor? I've seen my fair share of shake-ups.
Chat with Jordan

Add your answer:

Earn +20 pts
Q: What is a virtual credit card and how does one benefit from it?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What is the benefit of a good credit report when applying for a Capital One credit card?

A good credit report means that one who applies for a Capital One credit card can get a better deal. First, with a good credit report one can get an unsecured card instead of a secured card. Depending on how good one's credit report is one can get better features, lower interest, and maybe even a platinum card.


What is the benefit of doing a transfer balance on a credit card?

Doing a balance transfer on a credit card can have a number of benefits. One of the most popular reasons is to diversify one's debt to make it more manageable.


What is the benefit of using no fee credit cards?

The main benefit of using no-fee credit cards is, that if one does not often make credit card purchases, one will not have to pay for the ongoing availability of a card only infrequently used. However, interest rates on such cards tend to be higher than those offered with a fee.


What are the names of some credit cards offering 0 percent APR?

Most 0% APR credit card offers are for balance transfers from one credit card to another. This is a smart option if you are looking to pay down your credit card debt. Some credit cards that offer this benefit are Capital One Platinum, Discover It, and the Citi Diamond Preferred card.


What are some benefits when using the Visa Rewards credit card?

There are many benefits one might receive for using a Visa Rewards credit card. While each card comes with varying rewards, one unique benefit is the option to support one's favorite charity.