NEW YORK—Verizon and Synchrony have partnered to launch the new Verizon Visa Card, exclusively available to Verizon wireless customers.
The Verizon Visa Card offers Verizon customers the chance to earn generous rewards and redeem them to offset their monthly bill or a new smartphone — all at no annual fee, CNBC said.
Cardholders earn 4% back on gas and groceries, 3% back on dining, 2% back on Verizon purchases and 1% back on everything else.
The rewards are called Verizon Dollars, which are only redeemable for Verizon purchases. To apply, consumers must be a Verizon Wireless account owner or manager on an account with a maximum of 10 phone lines, CNBC said.