| |
How to Compare Platinum Credit Cards
By Eric Wasselman
Platinum credit cards are prestige cards. These credit cards tend to offer a much higher line of credit than other cards because they are at the top strata of the credit cards ladder. Platinum credit cards limits are generally in excess of five thousand dollars. Added benefits are attached to these types of cards such as better customer service, great interest rates and rewards.
Some users of platinum credit card love these cards because of the prestige that accompanies flashing platinum, but most are looking for the card that suits their needs best. For one group of users the most important feature is a low Annual Percentage rate (APR). Others may want to cash in on the rewards and rebates that they can get.
Some of the main comparison points for platinum credit cards are:
• APR rate: One bit of advice most credit counselors advocate is that you must find out what rate you will pay after the low or 0-rated APR. It is also important to compare rates based on whether it's a fixed or variable rate. A low-fixed rate APR is generally better than a low-variable rate APR. With a fixed rate APR you can expect to pay the same rate over a period of time, while with the variable rate APR, the interest charged changes without notice.
• Credit Limit: Even though the credit limit of platinum credit cards tends to be higher than on other cards, getting as much credit as possible is important to some users.
• Annual fees: how high are these?
Other features may also come into play such as over-the-limit charges, rewards / incentive programs, the ability to use the card overseas, and grace periods.
With the number of platinum credit cards on the market today, finding the card that meets most of your expectations is not difficult, narrowing your search and selecting that one special card is the hard part. Luckily, the internet makes it easier to compare these cards with minimum effort.
About the Author
To compare platinum credit cards, Eric Wasselman recommends Find Credit Cards. Please see http://www.findcreditcards.org/type/platinum.php for more information.
Article Source: http://www.simplysearch4it.com/article/34503.html
| If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/34503.html" as shown above and make it hyperlinked. |
| Some other articles by Eric Wasselman | Morgan Stanley Credit Cards
The name "Morgan Stanley credit cards" is used mainly in the United Kingdom. In the USA, they are now known as ...
The Top 3 Visa Credit Cards
It is not easy to select the top three Visa credit cards as comparison is normally done based on certain components , such as ...
The Top 3 MasterCard Credit Cards
According to www.bankrate.com , the top three MasterCard's based on carry a balance were issued by Capital One, Pulaski Bank and Trust Company , and .
Capital One
The ...
The Top 3 HSBC Bank Credit Cards
Issued by the HSBC Bank in Nevada, HSBC credit cards are valued because of their low APR which means a lot to ...
The Top 3 Discover Credit Cards
Discover credit cards are another popular credit card. The top three cards according to online research are the Discover Platinum card, The Miles Card from Discover, ...
The Top 3 Citibank Credit Cards
The top Citibank (Citi) credit cards were selected based on the introductory purchase APR (Annual Percentage Rate).
• Citi Platinum Select
Offering a 0 APR on balance transfer for twelve months and ...
|
|
| |
|
