Platinum Credit Card- Exclusive benefits to members

Gold, silver and platinum! There are many different types of credit cards. They come in all types and all colors, even platinum credit cards. After you have had a credit card for awhile and have maintained an excellent credit rating, you may be offered a platinum credit card.

A platinum credit card is generally thought of as a credit card that is given to people with excellent credit and it generally comes with quite a few perks and benefits. Typically once you have had a credit card for a period of time and have maintained a good credit rating by paying your bills on time and not incurring any late charges, you may be offered a platinum credit card.

You generally do not receive a platinum credit card as your first credit card; it is typically the type of card that needs to be earned. There are certain perks and benefits that are associated with a platinum card. A lot of times with a platinum card you are given a very high credit limit, higher than normal.

Other benefits that are associated with a platinum credit card are things like reward programs and other privileges such as discounts at hotels and restaurants. You can earn frequent flyer miles and other types of travel points on your purchases to earn free flights.

Once you have a platinum credit card you may be given low interest rates on balance transfers from other credit cards. It is important to check to see if the interest rate will increase after a certain period of time, or if you will always receive that low rate.

Platinum credit cards are given many perks and benefits and they are seen as cards for higher income people with generous spending limits. You are also typically allowed access to your funds immediate instead of a grace period. If you maintain an excellent credit rating, you will soon receive many offers for platinum credit cards.