Review of the American Skiing Company Edge Platinum Visa



The American Skiing Company Edge Platinum Visa was last reviewed on 2nd July 2006



Summary - The American Skiing Company frequent skier program is different from the points you accumulate when you use the American Skiing Company Edge credit card. If you are a frequent skier who skis at American Skiing Company resorts, then having their credit card will help you save money on your next ski trip. Whereas the Edge frequent slier program lets you accumulate and redeem points in exchange for ski passes, the credit card allows you to earn 5 points for every dollar spent at American Skiing company resorts and redeem it for a $10.00 certificate when you accumulate 1000 points. This certificate can be used at any American Skiing Company resort. This is a 5% rebate, which is very good for any reward or travel credit card.

Fees - Furthermore, there is no annual fee, a 0% APR introductory offer for 6 billing cycles and a low APR if you have a good credit history.

Verdict - Unlike other hotel travel credit card, this program is very simple - no earning airmiles at hotel stays, no exchaning points for miles. But the 5% rebate ratio, low APR, absense of annual fees makes this a highly recommended credit card for frequent skiers who stay at American Skiing COmpany resorts.

Positives
  • There is a high rebate ratio in the reward formula for this credit card. (5% rabate ratio)
  • You earn 5 points for every dollar spent at American Skiing resorts and 1 point for every dollar spent on other purchases. You redeem $10.00 when you have accumulated 1,000 points (5% rebate ratio)
  • No annual fee



American Skiing Company Edge Platinum Visa
Reward Benefits
Sign-on Bonus none
Point Accumulation Earn 5 reward points for every $1 spent at participating American Company Skiing Resort
Earn 1 point per $1 spent on any other purchases
A $10 Rewards Certificate redeemable at any American Skiing Company location will be given once you accumulate 1000 points
Anniversary Bonus none
Points Expiration No expiration. A $10 certificate is given once 1000 points is accumulated. This certificate is valid for 18 months
Caps on points Unlimited
Credit Limits Min $5000, Max $100,000
Min Income Required $14,400
Travel and Insurance Benefits
Up to $500,000 Travel Insurance
Auto rental insurance
Travel and emergency Assistance
Other Benefits
Warranty Manager
Zero liability on unauthorized purchases
Emergency cash and card replacement
Lost/Stolen card reporting
Cost/Fees/Interest rates
Introductory rate 0% fixed APR for first 6 billing cycle
Annual Fees none
Purchase APR Prime Rate plus 4.74% or 6.74% or 10.74%
Balance Transfer APR Prime Rate plus 4.74% or 6.74% or 10.74%
Cash Advance APR Prime Rate plus 15.74%
Penalty/Default Rate APR Prime Rate plus 20.99%
Min Finance Charge $1.00
Grace Period 20 days
Balance Calculation Method 2-cycle Average Daily Balance
Balance Transfer Fee 3%, min $5.00, max $50.00
Convenience checks fee 3%, min $5.00, max $50.00
ATM Cash Advance fee 3% min $10.00
Other Cash Advance fee 3% min $15.00
Foreign Currency Conversion fee nr
Over-the-credit-limit fee $35.00
Late Payment fee $15.00 - less than $250
$35.00 - $250 or greater






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