'The Visa Black Card modeled after the American Express Centurion (aka “Black”) card, but this one, issued by Barclays, is more likely to put you in the red. It comes with a hefty annual $495 fee — and you don’t really get all that much for your money, according to CardHub, which labels it the worst general consumer credit card for rewards among the 1,000-plus it evaluated. Cardholders earn a measly one point per dollar spent, while many other rewards cards offer 2 points per dollar (and don’t charge you nearly $500 a year, either). And while we’ve seen many penalty interest rates that hover near the 30% mark, the Visa Black takes it over that threshold, with a default rate of 30.24%.' Think about that insanely high rate for a moment...
Yes, you do get access to airport lounges along with some other perks, but there are plenty of cards that offer airport lounge access and similar benefits for less than $495. CardHub calls it a “cheap imitation” of the AmEx Black Card. I call it a scam for slow witted people to embrace!
Sorry Visa but, this slow witted person ain't buying what you're offering...
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