What is the benefit of a platinum credit card?

What is the benefit of a platinum credit card?

The benefits of Platinum Credit Card include up to 25% cashback on movie tickets, fuel surcharge waiver on fuel transactions up to Rs. 400 a month, while allowing you to convert transactions of more than Rs. 2500 into EMIs through multiple options.

How can I get Platinum Card in Axis Bank?

The primary eligibility for Visa Classic Platinum Debit Card is owning a savings bank account with Axis Bank. The Women's Savings account and Senior Privilege Savings accounts make the account holders eligible to get the Visa Classic Platinum Debit Card issued under their schemes.

What is the minimum limit of platinum credit card?

What is the credit limit for an Axis Bank Platinum Credit Card? Rs. 400 if the minimum and the maximum is Rs. 4,000.

Who is eligible for platinum credit card?

Primary cardholder between the age of 18 and 70 years. Add-on cardholder should be over 15 years. Resident of India or Non-Resident Indian.

Is it hard to get Platinum Card?

The credit score needed for the American Express Platinum is generally above 700. According to Credit Karma, the average score is 715. Although, several applicants with credit scores in the 600s have also been approved, even as low as 643.04-Oct-2022

Is platinum a good credit card?

The Capital One Platinum Credit Card is a fine choice for those with fair or average credit. The $0 annual fee makes it possible to build credit at no cost. However, the APR on the card is on the high side, so it's best to pay your bill in full every month to avoid interest charges.

Is a Platinum Card expensive?

The Platinum Card® from American Express is most definitely the latter. The card's $695 annual fee, which increased from $550 on July 1, 2021, is among the steepest in the industry. But that fee unlocks an extensive portfolio of benefits focused on travel, entertainment, dining, retail and wellness.

Is Platinum Card better than black?

The Black Card is an exclusive charge card offered to high-net-worth individuals by invitation only. The Platinum Card is one tier lower. Prospective cardholders may apply online and must meet minimum eligibility requirements.

Is platinum credit card better than gold?

The Platinum Card® from American Express is the winner over the American Express® Gold Card. While it's a more expensive choice, the American Express Platinum card provides frequent travelers with a lot more value.

What is difference between credit card and platinum?

Meanwhile, a platinum credit card is typically a provider's top-tier rewards credit card that comes with benefits that you normally wouldn't find on a standard or gold card. These cards typically have higher interest rates and are thus geared toward individuals who are able to pay off their balance in full each month.

What is the difference between credit card and platinum credit card?

Compared to general credit cards offering users reward points on their expenditures, platinum credit cards offer a higher reward value. The rewards are based on per rupee expenditure, and the reward value of the platinum credit cards per rupee is higher than others.

Does a Platinum Card increase credit score?

Key Things to Know About Capital One Platinum The card helps people build credit, as it reports account information to the 3 major credit bureaus each month. Cardholders do not earn rewards on purchases. The card comes with a high APR.06-Dec-2022

Why is it called a Platinum 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.29-Apr-2016

What is higher than a platinum credit card?

A platinum credit card is usually a bank's most expensive or the top-tier card, second only to a titanium, black or diamond card if offered by the bank.

Why is the Platinum Card so heavy?

The Platinum Card® from American Express is made from a combination of materials that includes stainless steel metal and has a heavier weight than the American Express® Gold Card, according to a company spokesperson.15-Nov-2022

How much is a Platinum Card per year?

$695

What is the income requirement for Platinum Card?

We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum.6 days ago

What is the max credit limit for credit one Platinum Card?

How the Credit One Bank Platinum Visa for Rebuilding Credit Stacks Up

How can I get Platinum Card without annual fee?

Here's how to get the American Express Platinum card annual fee waived: Call the retention line: You can ask Amex to waive the annual fee by calling (800) 452-3945.04-Feb-2022

Is platinum the highest card?

Having a platinum credit card used to mean that your credit card was more exclusive and elite than a normal credit card. Now, there are platinum credit cards offered for every level of creditworthiness, from bad to excellent, and the word “platinum” has more to do with marketing than a card's benefits and features.14-Oct-2021

Which card is best platinum or Visa?

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.27-Jun-2022

What is the benefit of a platinum credit card?