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Old 03-31-2010, 07:33 PM
FBJ FBJ started this thread
 
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Default What are the qualifications for a platinum Visa Credit Card?

Is it A! credit?? My coworker claim that her credit is not all that good but I know she is lying in order for her to have that card
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Old 03-31-2010, 07:40 PM
 
Location: Planet Eaarth
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As if this question really matters the answer can be found by asking the bank that issues the card you are interested in. Not all banks have the same requirements for a each level of Visa.
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Old 03-31-2010, 07:41 PM
FBJ FBJ started this thread
 
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Quote:
Originally Posted by Tightwad View Post
As if this question really matters the answer can be found by asking the bank that issues the card you are interested in. Not all banks have the same requirements for a each level of Visa.
You only find out the disqualifications when asking the bank
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Old 04-01-2010, 01:55 AM
 
Location: 23.7 million to 162 million miles North of Venus
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Quote:
Originally Posted by TVandSportsGuy View Post
Is it A! credit?? My coworker claim that her credit is not all that good but I know she is lying in order for her to have that card
The term "Platinum" really doesn't mean much these days.

A person can get a mega subprime First Premier "Platinum", in which they would start out with a low credit limit and fees that almost equal the credit limit. First Premier hands those cards out to anyone with a pulse, and their dog too. On the other hand issuers like AMEX would be more difficult to get any type of card with if a person has bad credit.
It's possible that she has a platinum through an issuer like FP, Orchard, HSBC, Cap One, etc., all who are less picky about credit issues that a person may have.
If she does have bad credit and she has a card with a prime company then it's possible that she'd gotten it before her credit went south.
It's also possible, whether the card is prime or subprime, that she is a secondary joint holder or an AU on the card, with the primary holder having better credit than she does.
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Old 04-01-2010, 05:08 AM
 
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Quote:
Originally Posted by TVandSportsGuy View Post
Is it A! credit?? My coworker claim that her credit is not all that good but I know she is lying in order for her to have that card
I have a Platinum Visa with Wells Fargo and a Platinum Mastercard with Capitol one. Both have have absolutely no fees of any kind unlike substandard cards. My credit score is only 606 so I hope this answers your question.
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Old 04-01-2010, 05:46 AM
 
Location: Miami, Florida
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I'm 19 and when I went to buy a new car last month they told me that my credit score was 648 or something around those 40's line... I got a BoA Platinum Plus Visa card with no fees. However, this was a year and some months ago.
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Old 04-01-2010, 09:09 AM
 
Location: Derby, KS
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Quote:
Originally Posted by berdee View Post
The term "Platinum" really doesn't mean much these days.
Exactly....just about every credit card I've ever had was platinum. Even when I was in college and had very little income I had a gold card.
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Old 04-01-2010, 10:50 AM
 
Location: San Jose, CA
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Citibank's Platinum Select is a card for college students. Now an American Express Platinum, that's prestigious. That's the card you get if you are absolutely sure you want to be ripped off by any Best Buy in the country.
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Old 04-01-2010, 01:52 PM
 
Location: Planet Eaarth
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Quote:
Originally Posted by TVandSportsGuy View Post
You only find out the disqualifications when asking the bank
Then all that isn't a "disqualification" is a plus to get the card you want....no?
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Old 04-01-2010, 01:55 PM
 
Location: San Antonio, TX, USA
5,124 posts, read 6,556,382 times
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Quote:
Originally Posted by sonarrat View Post
. Now an American Express Platinum, that's prestigious.
I just checked out their website and the annual fee is $450! I've got the Blue Cash one and there's no fee. I'm just amazed at the fee!
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