Reality stars flash their platinum engagement rings, rappers don their platinum chains and musicians sing about splurging on their platinum credit cards. So why is platinum such a star-studded word and what does it mean in the land of credit cards?
How addicted are you to your credit card? Do you enjoy throwing it on the table after a big feast, or booking your next flight with the click of a mouse? Well these are just some of the perks that platinum credit card holders enjoy, with the sky as their limit.
What are the benefits of platinum credit cards?
With big purchases come big rewards. Platinum credit cards make sure you’re the first in line for benefits including free travel insurance, hotel accommodation and flights when you redeem your Frequent Flyer Points.
However beware, luxury rewards come at a cost. A Platinum credit card also features high rates and annual fees, as well as large credit limits, but if you can manage your debts within the interest free days, you can enjoy the discounts without the debt.
To make your next credit card a platinum card check out the fine print by using RateCity’s platinum credit card comparison tool.