what is a platinum visa

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What are the benefits of a Visa Platinum Card?

Visa ® Platinum Benefits Visa ... This benefit is limited to no more than the original price of the purchased item (as shown on your Visa Platinum card receipt), less shipping and handling fees, up to a maximum of ten thousand dollars ($10,000.00) per claim and fifty thousand dollars ($50,000.00) per cardholder. ...

Which Visa card is the best?

• Chase Freedom Unlimited®
• U.S. Bank Altitude® Go Visa Signature® Card
• Capital One Venture Rewards Credit Card
• Chase Sapphire Reserve®
• U.S. Bank Visa® Platinum Card
• Costco Anywhere Visa® Card by Citi
• Bank of America® Travel Rewards credit card for students. ...

What are the best Visa cards?

Best Visa credit card with low interest: U.S. Bank Visa® Platinum Card. Here’s why: Whether you’re trying to get out of debt or preparing for an emergency, the U.S. Bank Visa® Platinum Card features one of the best low introductory APR offers on the market.

What are the benefits of a Platinum Card?

Which benefits apply to additional cardholders?

• Lounge access. The first key benefit that additional Platinum Card cardholders will enjoy is lounge access — without the primary cardholder.
• Global Entry/TSA PreCheck application-fee credit. ...
• Marriott and Hilton elite status. ...
• Access to the Fine Hotels & Resorts and Hotel Collection. ...
• Car rental elite status. ...
• Other benefits. ...

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What does it mean when you have a Platinum credit card?

A Platinum card is a credit card which, as its name suggests, is a card with more prestige and benefits than a gold or regular credit card. Credit cards follow the same logic as the valuing of precious metals!

What is the benefit of Visa Platinum?

Benefit that offers access to privileges and discounts for a suite of airport amenities and services including lounges, restaurant and retail discounts, private Wi-Fi network and airport transportation service. Global coverage: 140 countries. 450+ international airports.

What is Visa Card Platinum?

Using your Visa Platinum card or payment device to pay for an Eligible Item, purchased in-store or online, you will receive complimentary Buyers Protection Insurance, providing cover for theft, accidental damage or non-delivery of eligible purchases, subject to the Terms and Conditions of the policy.

How does Platinum Visa work?

Platinum Card Options The card has no annual fee, though the APR is a steep 26.99% (Variable) on purchases and balance transfers. Depending on your credit, your credit limit may start low, but you may be considered for a higher limit in as little as six months.

What is the highest Visa card?

Visa InfiniteVisa Infinite is the highest tier you can get and comes with all of the benefits from Traditional and Signature. Many of the Visa Infinite perks offer higher levels of protection compared to the Visa Signature version of the benefits.

What are the requirements to get a Platinum card?

Getting approved for the American Express Platinum is like any new credit card application. You have better chances with a credit score above 700, a clean credit history, and a low debt-to-income ratio. If you think you might have to work on these factors, take the time to improve your credit to enjoy the benefits.

How much money do you need to have a Platinum card?

What does your credit score need to be for the Amex Platinum card? While there is no set score needed, we recommend you have a credit score of at least 670, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.

What is the credit limit on a Visa Platinum card?

With up to a $25,000 credit limit, the Visa Platinum card gives you room to do what you need and what you want. Your Visa Platinum card is accepted at over 22 million worldwide locations, including over 700,000 ATMs in the Visa Global ATM Network.

Which is better Visa gold or Platinum?

Platinum cards give higher minimum credit limits than gold cards, which can be a bonus if you spend a lot on credit and can responsibly manage your credit card payments. Platinum cards charge higher annual fees than gold cards offered by the same provider.

What's so special about Platinum card?

Platinum credit cards offer greater spending power through noticeably high or uncapped credit limits. Better earn rates. Platinum cards gives cardholders the ability to earn two to three reward points per dollar spent, whereas with standard reward cards they can expect to earn no more than one point per dollar spent.

Are platinum cards worth it?

The American Express Platinum Card, known for its prestigious benefits and sleek appearance, is a card worth bragging about. Between the numerous travel benefits, reputable concierge service and consumer protections, the card is worth considering if you can stomach the steep annual fee.

Is Platinum card better than black?

EDITOR'S OVERVIEW. The Platinum Card® from American Express is the winner over the Mastercard® Black Card. The American Express Platinum card provides frequent travelers with far better features and much more value overall, despite its higher annual fee.

Which is Better Visa Platinum or Visa Signature?

The Visa Platinum is the second tier of the four Visa credit card types. It's better than a Visa Classic but less luxurious than a Visa Signature or Visa Infinite. Most Visa Platinum cards require a credit score in the 600s. You might be able to qualify for some with a score in the very high 500s.

What is the credit limit on a Visa Platinum card?

With up to a $25,000 credit limit, the Visa Platinum card gives you room to do what you need and what you want. Your Visa Platinum card is accepted at over 22 million worldwide locations, including over 700,000 ATMs in the Visa Global ATM Network.

What is the limit of Platinum debit card?

Platinum Debit Card (Rupay / Visa):ClassificationPlatinumDaily cash withdrawal limit – ATMRs.75000/-Daily shopping limit-PoSRs. 15,0000/-Total Daily limitRs. 22,5000/-Issuance ChargesNIL2 more rows

What is the APR of a Visa Platinum card?

The U.S. Bank Visa® Platinum Card offers an introductory APR of 0% for 20 billing cycles, as well as a purchase intro APR of 0% for 20 billing cycles. One downside of this card is that it does have a balance transfer fee of 3% (min $5).

Is Visa Platinum a Visa card?

Visa Platinum is its own Visa card tier internationally but not in the United States. Visa credit cards in the U.S. are all Traditional, Signature, or Infinite cards, so if you have a Visa Platinum card that was issued in the U.S., the word “Platinum” doesn’t have anything to do with the Visa card network. Rather, it’s an arbitrary word tacked on by the card issuer that likely doesn’t mean anything specific.

What are the benefits of using a platinum credit card?

As a platinum credit card user you can look forward to numerous benefits, including:

What insurance does platinum have?

Complimentary international travel insurance, interstate flight inconvenience insurance, and transit accident insurance come into play when you use your card to pay for travel.

How can I compare platinum credit cards?

Basic platinum credit card features remain the same, but certain aspects can differ greatly. When comparing such cards, make sure you pay attention to the following.

Who are platinum credit cards best suited to?

In choosing a credit card you should ideally take into account your spending habits along with your ability to make repayments.

Why do you spend on platinum cards?

This is because the interest your platinum card charges would be on the higher side. Spending on a typical platinum card results in the accumulation of reward points, and you get to redeem these points in various ways. As a result, if you wish to earn rewards as per your spending, a platinum card might work well for you.

How many points do you get on a Platinum card?

Platinum cards gives cardholders the ability to earn two to three reward points per dollar spent, whereas with standard reward cards they can expect to earn no more than one point per dollar spent. Extras. Extras like access to a concierge service and complimentary insurance covers work in favour of these cards.

Can platinum cards be used for additional cards?

This depends on the card you use, although most platinum cardholders can apply for additional cards. Whether you have to pay an additional card fee or not depends on your card provider.

What is a platinum Visa card?

The Visa Platinum is the second tier of the four Visa credit card types. It’s better than a Visa Classic but less luxurious than a Visa Signature or Visa Infinite. Most Visa Platinum cards require a credit score in the 600s. You might be able to qualify for some with a score in the very high 500s. Visa Platinum credit cards are unsecured, meaning they don’t require an upfront security deposit.

What is the minimum credit limit for Visa Platinum?

Visa Platinum credit cards are unsecured, meaning they don’t require an upfront security deposit. Some of the automatic benefits include: Minimum $500 initial credit limit. Secondary rental car collision and theft damage waiver.

What is a Visa signature?

Visa Signature is the second-highest tier Visa credit card you can get. Many of the best travel credit cards and best cash back credit cards have the Visa Signature logo stamped on the card. If you’re not sure, look for the Visa logo and you should see the word “Signature” printed below it.

What is Marriott Bonvoy?

The Marriott Bonvoy Bold® Credit Card is a hotel rewards card with no annual fee. This Visa Signature card comes with the following benefits:

What are the benefits of a Visa wallet?

Your wallet may be carrying benefits like cell phone protection, theft protection, and rental car discounts that you aren’t aware of. If you have a Visa Platinum or Visa Signature label card, there are likely unused perks available to you. And if you own multiple credit cards, these Visa cards will likely play a part in building your credit history while offering many benefits that you can enjoy.

Which card has fewer built-in benefits?

You will see that Visa Platinum cards offer fewer built-in benefits than Visa Signature cards:

How many levels of membership does Visa have?

Just like a hotel or airline loyalty program has different membership tiers, Visa offers four different card levels: