Things to watch out while applying for Chase Platinum Visa Credit Card

Cynthia Stewart
May 22, 2007
View Author Bio
Digg It Del.icio.us
Furl It Reddit
Google My Web

Looking for a credit card with excellent reward program, and reasonable terms? The Chase Platinum Visa Credit Card has all the features to bowl you over. However, to get the maximum out of your Chase Platinum Visa Credit Card there are certain things to be kept in mind. Let us look at a few of them.

The Chase Platinum Visa Credit Card issued by J.P Morgan Chase has no annual fee and provides a good number of platinum card holder benefits. The card comes with a 0% intro APR for up to 12 months. The thing to be kept in mind regarding this APR is that the introductory rate period will largely depend on your review of application and credit history by chase. Depending on this assessment the introductory period can be either 12 months for purchases and balance transfers or 3 months for balance transfers only. In addition to this to get full benefit of 0% intro APR it is vital that terms and conditions listed with the Chase Platinum Visa Credit Card be followed carefully. These terms can greatly vary how your introductory rate is applied to existing balances. If you are good on your repayments and pay your balances in full before the due date the Chase Platinum Visa Credit Card doesn't charge you any interest.

The platinum benefits that come with Chase Platinum Visa Credit Card allow participation in chase fleixble rewards program. In this program cardholders can earn 1 point per eligible dollar spent. These points can be redeemed for gift cards, travel discounts, merchandise or cashback. The thing to watchout about the Chase Platinum Visa Credit Card reward program is that the reward points are not earned on fees for products that protect or insure the balances of the card member's account. If you use a travel agency service, you have to pay a 'mileage redemption' fee of $14.95.

The reward program of Chase Platinum Visa Credit Card has many fare and space related restrictions. The flights must be booked 21 days in advance and there are tabs on saturday night stays. The Chase Platinum Visa Credit Card doesn't allow the reward programs to be transferred to another frequent flyer programs and there are prefferecd choice of carriers like Continental, Northwest, U.S. Airways, American, Delta, United, and other airways.

If accepted for the Chase Platinum Visa Credit Card, a detailed copy of terms and conditions will be mailed to you. It is in the best interest of credit card holder to read it carefully before using the credit card. Once used, the credit card company assumes acceptance of all such terms and the cardholder becomes legally bound with the terms and conditions. The above facts and terms listed in this article can change anytime without any notice. The latest details about Chase Platinum Visa Credit Card can be had from chase website and reader is encouraged to go through the details to get more insight about this great credit card.