Your Most Desirable - Platinum Credit Cards

Jan. 17, 2008 - PRLog -- Platinum credit cards are normally offered to those with high credit ratings and an earning of around $20000 or more per year.

A platinum credit card generally offers a higher credit limit than the lower rank credit cards. They are hard to get as well. You have to show a good credit score to get this platinum credit card since it offers more features than other credit cards. The amount of allocated credit by the card issuer directly determines the required credit score. As the credit limit of a platinum credit card is much higher than most cards, the card issuing company must verify that the owner will repay the balance timely. Though platinum credit cards have a lot more features and benefits than gold or standard credit card, if offers a very low rate of interest in comparison with others.

The main difference is you may award with reward points when you purchase a product through platinum credit cards depending on the amount of transaction. Normally, you will get 1 reward point for spending 1 dollar through platinum card. Whereas, others will offer you a fixed reward point whatever the amount of purchase would be. The platinum card holder may have some other advantages like travel accident insurance, auto rental insurance and more. Some of the platinum credit card related advantages are, as stated before: higher credit limits with lower interest rates, frequent increase of credit limit, more benefits, rewards and savings, no yearly fee, fraud protection service, regular flier miles and cash back plans. Platinum credit cards offer such excellent rewards as the issuers are providing them to people with tremendous credit rankings.      

Platinum credit cards are normally promoted through newspapers, televisions, telephone solicitations or direct mails. Most of the platinum credit card offers goes to the consumers who usually make large amount of purchase using their credit card. If you use your credit card frequently for your daily or special purchase and repay the total amount at the end of every month then a platinum card will be the best selection for you.  

You can manage your daily purchases through this superb financial tool. With high credit limits, great features and low interest rates, the platinum credit card has become the most desirable credit card for most card holders.

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Credit card is a kind of money which we can use anytime and any where to fullfil our needs if we do not have such amount of money.
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