Compare Platinum Credit Cards

How to compare Platinum credit cards

Offering an extensive range of features and benefits, Platinum cards are not just famous for their perks, but for their prestige. Choosing this type of credit card, you will usually need to have a good credit history and you will need to meet higher than average minimum income requirements. You may also find that the annual fee for this kind of card is higher than your average credit card, but you can expect a whole lot back in return!

If you are a frequent traveler, the benefits of a Platinum card can be fantastic. Depending on the card you choose, you can take advantage of chauffeur-driven airport transfers, access to VIP airport lounges, flight upgrades, complimentary travel insurances, emergency overseas assistance and more.

You may also be able to enjoy the assistance of a Platinum Concierge, available 24/7 to help in any way possible. Your personal concierge could help you make travel arrangements, book a table at a restaurant, advise you of nearby attractions, or tell you where the nearest hospital is wherever you are in the world. They could also help with gift ideas, tell you where the nearest golf course is, or book you in for a massage. It's like having your very own personal assistant!

If you choose a Platinum rewards card, you can usually earn far more points than a standard card, meaning that you can earn more points more quickly, and claim back more rewards. Other benefits of having a Platinum card include having more security when shopping. This means you can take advantage of pricing guarantees to make sure you always get the best price, purchase protection, and extended warranty.

If you think a Platinum card is right for you, there are a few things you should compare to ensure you choose the best card for you.

Features and Benefits:

One of the most appealing aspects of having a platinum card is the extras you get with it. With so many cards on the market, all offering different extras, it's important to shop around to find features that will benefit you most.

Annual Fees:

Due to the fact that you are getting so much from your Platinum card, you will usually expect to pay higher annual fees. Make sure all the extras on your choice of card are really necessary, so you are not paying for something you don't need.

Rewards:

If you are looking for a Platinum rewards card, be sure to find a card that gives you the rewards you want. These rewards could be travel-related, or perhaps shopping-related. Find the rewards that will most benefit you. It's also a good idea to choose a card that will reward you for your normal shopping habits, to allow you to earn as many points as possible.

Introductory Offers:

You will find a range of introductory offers available on Platinum cards, from balance transfers to bonus rewards points. Try not to choose a card just because it has a good introductory offer and then offers nothing afterwards. Think about the long-term and which card will be best for you.