A great combination of flexibility, convenience and excellent rewards in credit cards, is synonymous with the Chase Platinum Visa Credit Card. It offers get a 0% intro APR for nearly a year. The duration of the introductory rate will either be 12 months for purchases and balance transfers or 3 months for balance transfers only, depending on how Chase views your application and credit history. Another advantage is that as of now, there is no annual fee charged for the Chase Platinum Visa Card. You are also eligible to get various excellent cardholder benefits like partaking in Chase’s Flexible Rewards Program; where you get 1 point per qualifying dollar spent. You can then redeem these points either for cashback, gifts, travel or gift cards, based on your choice. If you pay your bill in full every month by due date, the Chase Platinum Visa Credit Card does not charge any interest.
In rewards program, you don’t get points on fees for products that protect or insure the balances of your account. But it is to be expected and there is no need to object in many instances. You must follow the rules governing the account, in order to be eligible for the 0% intro APR. Besides, Chase applies the payments to intro balances to those balances with higher APRs. This implies the duration of your introductory rate may fluctuate as per your payment amounts and the APRs for other balances on your account.
To use travel agency services, you have to pay a fee of $14.95 for “mileage redemption”. Like many rewards programs for credit cards available today, airline and equivalent rewards carry some program restrictions. These restrictions include space and fare availability, and you must book 21 days in advance, along with specific conditions regarding Saturday night stays. The Chase Platinum Visa Flexible Rewards points can be redeemed for airline flights on carriers such as American, Delta, United, Continental, Northwest, U.S. Airways etc. The points cannot be transferred to other frequent travel programs, as is the case with most air mileage rewards programs today. A guide detailing various benefits offered by the rewards program will be sent to you after approval if you are allowed to become a cardholder of the Chase Platinum VISA Card.
Don’t forget to read the terms and conditions of the offer completely before applying for this card; as they can be changed and what is available today, may not be valid after some time.