US Bank Visa Platinum Card
The US Bank Visa Platinum Card is an excellent option for consumers looking for a low APR credit card with no annual fee. It offers a competitive interest rate ranging from 18.74% to 29.74%, depending on creditworthiness. The card also provides a 0% introductory APR on purchases and balance transfers for 21 billing cycles from account opening, with a 3% balance transfer fee ($5 minimum).
US Bank Visa Platinum Card Review
You can enjoy a generous interest-free period with this card! However, if you’re searching for rewards, bonuses, and other perks, you might want to consider other options.
If you’re on the hunt for an excellent credit card option, the U.S. Bank Visa Platinum Card can be a great choice to consider. It offers some exceptional benefits and features that provide peace of mind when it comes to managing your finances and using your card responsibly.
The 0% intro APR for 21 billing cycles is especially impressive since it’s almost unheard of in today’s market! With no annual fee, access to free credit score alerts, and more, this card also offers plenty of options for protecting yourself financially as well as saving money with integrated services from trusted providers. Like NortonLifeLock and TransUnion’s CreditView Dashboard.
In this review, we will take an in-depth look at what the U.S. Bank Visa Platinum Card has to offer so you can make an informed decision about what kind of credit card fits best into your budget and lifestyle!
The U.S. Bank Visa Platinum Card is a prime choice for people who value a low interest rate and a variety of perks—all while avoiding paying an annual fee. If you have excellent credit, you may want to consider applying for this card, as the credit score requirement is high.
Highlights
- Enjoy 0% Intro APR on purchases and balance transfers for 21 billing cycles
- After the intro period, a variable APR is currently 18.74%–29.74%.
- Get up to $600 protection for your cell phone against damage or theft (subject to a $25 deductible) when you pay your monthly phone bill with your U.S. Bank Visa® Platinum Credit Card
- Flexibility to choose a payment due date that works best for you
- No Annual Fee
- Terms and conditions apply
US Bank Visa Platinum Card Benefits
The U.S. Bank Visa Platinum Card offers several benefits, including a 0% APR introductory period of up to 21 billing cycles for both purchases and balance transfers. Additionally, if you sign up for the U.S. ExtendPay Plan, you have the flexibility to extend payments over a longer period, depending on your specific needs.
The US Bank Visa Platinum Card offers a range of benefits and helps you manage your finances more effectively. Let’s take a closer look at all the benefits of this card:
0% Intro APR Upto 21 Billing Cycles
The US Bank Visa Platinum Card is designed to help you manage your finances more efficiently. With a 0% intro APR for 21 billing cycles on purchases and balance transfers, this card is a great choice if you need to make a big purchase or transfer an existing balance without accruing additional interest charges. This feature alone can save you hundreds or even thousands of dollars in interest charges, depending on your balance and payment habits.
No Annual Fee
In addition to the 0% intro APR, the US Bank Visa Platinum Card also has no annual fee, making it a great choice for people who want to avoid unnecessary charges. This card also comes with a range of features that make it easy to manage your account, including a mobile app and online banking options that allow you to check your balance, view transactions, and make payments on the go.
Flexible Payment Options for Easy Financial Management
One of the standout features of the US Bank Visa Platinum Card is the U.S. Bank ExtendPay® Plan, which enables you to divide eligible credit card purchases into affordable monthly payments. This means that you can make larger purchases and pay them off over time, making it easier to manage your finances. Additionally, the card offers automatic payments and flexible due date options, ensuring that you never miss a payment and incur unnecessary fees.
Secure Protection for Peace of Mind
Identity theft protection is another area where the US Bank Visa Platinum Card excels. The card comes with ID Navigator Powered by NortonLifeLockTM, which can help detect potential threats and provide resolution assistance in case your identity is stolen. Additionally, the card offers cell phone protection, which provides coverage for damage or theft of your phone, making it a more secure choice for those who rely heavily on their mobile device.
Cellphone Protection
If you use your phone for everything, you’ll appreciate the phone protection included with this card. You can get up to $600 in coverage for any theft or damage to your phone if you pay your monthly phone bill using your U.S. Bank Visa Platinum Card.
Overall, the US Bank Visa Platinum Card stands out as an excellent choice for those who want to manage their finances more effectively while enjoying a range of benefits. With a 0% intro APR, no annual fee, mobile app, online banking, U.S. Bank ExtendPay® Plan, autopay & due date choice, ID Navigator Powered by NortonLifeLockTM, and cell phone protection, there’s something for everyone.
Add to that the Nerdwallet 2021 Award for Best 0% Intro APR and Balance Transfer Credit Card, and it’s easy to see why this card is a top choice for many people. If you’re looking for a credit card that offers great value and a range of benefits, the US Bank Visa Platinum Card is worth considering.
Credit Score Needed
You must have an excellent credit score to qualify for the U.S. Bank Visa Platinum Card. Any credit score within the range of 690-850 is considered excellent, so if you fall within that range, you’re in luck.
Pre-Approval and Card Limit
You can see if you’re pre-approved for the U.S. Bank Visa Platinum Card by filling out a short questionnaire online. The pre-approval process provides insight into what your card limit might be if you’re approved.
However, according to a survey of US Bank Visa Platinum Cardholders, a card limit may range from $500 to $20,000.
Rewards Program
The U.S. Bank Visa Platinum Card does not have a rewards program, which is a bit of a letdown for those looking to earn rewards on each purchase. If you are searching for a card that offers rewards, then you might need the US Bank Visa Signature Card, which offers cash-back rewards on everyday purchases and more.
Balance Transfer Fee
While you won’t pay an annual fee with this card, there is a balance transfer fee if you choose to transfer a balance to your U.S. Bank Visa Platinum Card. The fee is typically 3% of the balance transfer amount.
No Annual Fee
There is no annual fee associated with the U.S. Visa Platinum Card, which can be a significant factor if you’re looking for a credit card that won’t cost you anything to hold.
Approval Odds
If you have an excellent credit score, your approval odds for the U.S. Bank Visa Platinum Card are high. However, the final decision is based on other factors, such as your monthly income and outstanding debts.
Customer Service Number & Phone Number
If you have any questions or concerns about your U.S. Bank Visa Platinum Card, the customer service number is readily available online or on the back of your card. Additionally, you can find the phone number for your local U.S. Bank branch on their website if you prefer a more personalized experience.
You may also contact them at these numbers:
- Cardmember Service business: 866-485-4545
- Cardmember Service consumer: 800-285-8585
Final Thoughts
The U.S. Bank Visa Platinum Card offers a lot of great benefits, including a 0% introductory APR and cell phone protection, making this card a smart choice for those who value extra security and flexibility. While there is no rewards program and the credit score requirement is high, the benefits of not paying an annual fee and potentially earning an extended 0% intro APR make this card well worth considering.
Is there a rewards program for the US Bank Visa Platinum Card?
A: No, the US Bank Visa Platinum Card does not offer a rewards program. However, its features and benefits make it an excellent choice for those who want a straightforward credit card without the hassle of keeping up with rewards points.
What is the credit limit for US Bank Visa Platinum Card?
A: The credit limit for the US Bank Visa Platinum Card will vary depending on the individual’s creditworthiness. Cardholders are encouraged to use their card responsibly and pay their balances in full each month to maintain a high credit score and potentially increase their credit limit over time
How can I apply for a US Bank Visa Platinum Card?
A: Interested individuals can apply for a US Bank Visa Platinum Card online via the US Bank website. The application process is straightforward and can be completed in just a few minutes. Applicants will need to provide personal information, income and employment details, and other relevant information to help determine their eligibility for the card.
What Credit Score is Needed to Apply for the U.S. Bank Visa Platinum Card
U.S. Bank Visa Platinum Card credit score requirements is good to excellent range. (FICO Score 690-850)
Is U.S. Bank Visa Platinum Credit Card Good for Purchases or Balance Transfer
The U.S. Bank Visa Platinum Credit Card has the longest introductory APR offer for both purchases and balance transfers.
What is US Bank Extended Pay?
The U.S. Bank’s ExtendPay® Plans is a payment solution, through which you can break up eligible purchases into monthly installments that work within your budget. And the best part? You won’t have to worry about accruing interest fees. That’s right – there’s no interest! Instead, you’ll simply pay a fixed monthly fee that you can easily incorporate into your financial planning.
How Do I Know If I am Eligible for U.S. Bank's ExtendPay® Plans?
In order to determine if your credit card account is eligible for the ExtendPay® Plan, you will either receive an email notification or see ExtendPay Plan options when viewing your card account details or eligible transactions online.
It is important to note that only certain purchases will be eligible for the ExtendPay Plan. Specifically, purchases made within 60 days prior to signing up for ExtendPay, which are over $100, and are less than your purchase balance when you sign up for ExtendPay will qualify. This means that any purchases made outside of this timeframe or above the $100 limit will not be eligible for the payment plan. It is also crucial to understand that ExtendPay Plan eligibility may be subject to change based on your credit card account activity.
Specification: US Bank Visa Platinum Card
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