Platinum credit cards should be jumped at if there is a chance you can qualify for them. The deals that come with platinum cards can allow you to make spur of the moment dinner reservations, ensure that you make it back home safely it your car suddenly quits working, and will protect you as well as you family if you get stuck somewhere. Seriously consider taking advantage of upgrading to a platinum credit card when you see what you can get from the deals available to you. More…
Benefits of Platinum Credit Cards
Having a platinum card is like being in the most private of clubs, with the most exclusive treatment available. Think of the idea of having a personal assistant, concierge, and maitre d’ all rolled into one, ready to pop like a genie out of your credit card on demand! If these things sound like something that you think you could handle as a platinum card holder, keep reading. Benefits of being a platinum credit card member include:
No spending limit. Only your income and your discretion will decide what your credit card limit is -your provider will not set a limit on your purchases. Of course, the provider will pay attention to how you pay your balances, as well as your spending habits. There will be a comparison of spending versus your known income, but it’s unnecessary for you worry about a credit limit ever again.
All those premium services available on a gold card – and more. Platinum credit cards will provide so many services that standard credit cards do not or that even gold credit cards do not. Whether that service is canceling all of your credit cards due to a stolen wallet, getting you home and towing a car after it breaks down, or helping you get back into your home when you’re locked out—platinum cards can easily arrange these things. Would you like to be able to have dinner reservations at any top dinner club? Use a platinum credit card, and you can.
Exclusive offers and invitations. Your name can easily be found on guest lists for any of the premier events in Australia of any type. This is thanks to the benefits of having a platinum card and the exclusivity that it can provide you. Never bemoan the fact that you have to miss a sporting event or A-list party again!
A premier rewards program. For every $1 that you choose to spend using your platinum card, using your platinum card’s rewards program you will typically get at least 2 to 3 points. In addition, specific retailers will become partners with your credit card and provide you with exclusive offers or give you extra bonus rewards for whatever you buy.
Extended travel insurance. While gold cards usually offer travel insurance, platinum cards will do so as well; but they do so for a longer period of time. Gold cards tend only be about half the time of the platinum cards; three months versus six months for travel insurance. Additionally, platinum credit card insurance will cover more in terms of monetary value than a gold credit card will.
Competitive overseas transactions. With platinum cards come platinum lifestyles which means that the extras that platinum credit cards can give you will be very important. This is the exact reason that your exchange rate will be better than other credit card holders – and your transactions overseas will be more affordable.
Elite purchase protection and extended manufacturer’s warranties. Thanks to your platinum card, the protection offered to your purchases is extended much like the travel insurance is in comparison to gold credit cards. Instead of a 12 month manufacturer’s warranty, your platinum card can give you up to 24 months. Insurance for purchases that you make can be 6 months instead of the typical 3 months against theft, damage or loss.
With the Citibank Clear Platinum Card you get a 11.99% pa Interest Rate.
With the Citibank Clear Platinum Card you get a Balance Transfer Rate of 2.90% pa for 12 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Clear Platinum Card you get a 21.74% pa Cash Advance Rate.
With the Citibank Clear Platinum Card you get up to 55 Interest Free days.
The Citibank Clear Platinum Card has an Introductory Annual Fee of $49 for the 1st year then $99 thereafter.
With the BoQ Platinum Card you get a 20.74% pa Interest Rate.
With the BoQ Platinum Card you get a Balance Transfer Rate of 1.90% pa for 6 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the BoQ Platinum Card you get a 21.74% pa Cash Advance Rate.
With the BoQ Platinum Card you get up to 55 Interest Free days.
With the Citibank Rewards Credit Card Platinum you get a 20.99% pa Interest Rate.
With the Citibank Rewards Credit Card Platinum you get a Balance Transfer Rate of 0.90% pa for 9 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Rewards Credit Card Platinum you get a 21.74% pa Cash Advance Rate.
With the Citibank Rewards Credit Card Platinum you get up to 55 Interest Free days.
The Citibank Rewards Credit Card Platinum has a $199 Annual Fee.
With the Emirates Citi Platinum Card you get a 20.99% pa Interest Rate.
With the Emirates Citi Platinum Card you get a Balance Transfer Rate of 2.90% pa for 6 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Emirates Citi Platinum Card you get a 21.24% pa Cash Advance Rate.
With the Emirates Citi Platinum Card you get up to 55 Interest Free days.
The Emirates Citi Platinum Card has a $229 Annual Fee.
These minimum requirements are intended as a guide only. Your application may still be rejected by the card issuer even if you can answer 'Yes' to all of these requirements. The final decision regarding your application is solely up to the card issuer.
