Chase Platinum Credit Card

The Chase Platinum Credit Card is one of the most sought after credit cards issued by Chase. It has a lot of the main features that people want in a credit card. Here are some of its terms and policies.

• 0% Intro APR for up to 12 months on purchases and balance transfers
• No annual fee
• 24/7 online account access
• Worldwide travel accident insurance
• Rental car insurance
• Free account alerts

Just like most other credit cards available there is a 3% transfer balance fee. even though you can take advantage of the 0% APR on the balance transfers you need to make sure the fee is not more than why you would pay on your current credit card. There are no rewards with this credit card. The Chase Platinum Credit Card is good for consumers who are trying to build or fix their credit history. College students should look into applying for it if nothing else works.

After the 12 month introductory period is over with the interest rate will move up to 9.24% to 13.24% depending on your credit score and payment history. To get approved on the Chase Platinum Credit Card you will need to have Good to Excellent credit history.

The Chase Platinum Credit Card will give you every thing you need from a low rate credit card except for the rewards programs. It is smart to apply for this credit card to build up your credit history or to take advantage of the balance transfer to consolidate some debts.