If you have very good credit and are searching for a platinum credit card, you should consider the Chase Platinum Visa. The Chase Platinum Visa credit card is very much a total-package dealâ€”it comes with an unbeatable introductory interest rate, a stellar rewards program, and no annual fee. This post will explain the basics of the Platinum Chase Visa card and why it stands above the competition.
Chase Platinum Visa: The Basics
- 0% introductory APR on purchases and balance transfers
- Enjoy the introductory APR for a full year
- No annual fee
- Point rewards program
- Points redeemable for cash, travel, gift cards, or merchandise
- 14.24% regular APR (variable)
About the Card
The Chase Platinum Visa offers an unbeatable introductory APR of 0% for the first 12 months you are a cardholder. Not only does this apply to purchases, but also to balance transfers. Once the intro rate expires, the Chase Platinum Visa credit card offers a 14.24% variable APR. The Chase Platinum Visa uses a unique billing method called the â€œTwo Cycles Average Daily Balanceâ€ method. This method is different from the â€œAverage Daily Balanceâ€ method used by some other cards. What this means is that if you intend to carry a large revolving balance, the two billing cycles might end up costing you more to maintain that balance. However, this only applies to those who intend to carry large revolving balances on a regular basis.
Chase Platinum Visa Rewards Program
With the Chase Visa Platinum cardâ€™s rewards program, you earn a point for each dollar you spend on purchases. A major advantage of this card is the wealth of options you have with regard to point redemption. You can exchange your points for flights, cash back, gift cards, or merchandise. There is a 60,000 maximum for the number of points you may earn each year, and points expire after five years.
The Chase Platinum Visa: A Cut above the Rest
The Chase Platinum card by Visa rises above its competition for several reasons. For one, the rewards program offers an unparalleled selection of redemption options, so you have a variety of things for which you can exchange your points. Furthermore, the card offers excellent cardholder benefits, including free access to your account online, insurance for auto rentals, and insurance against travel accidents. Finally, the Chase Platinum Visa credit card gives you all of these benefits without any annual fee.
Click here to apply for the Chase Platinum Visa