Brooke asked:
Many credit cards say they are platinum, and say platinum on them. I know there’s got to be a meaning for that. But what does it mean? How is a platinum credit card different from a non-platinum credit card?
Many credit cards say they are platinum, and say platinum on them. I know there’s got to be a meaning for that. But what does it mean? How is a platinum credit card different from a non-platinum credit card?
Please, no links to websites, just answer the question.
http://1mortgagecalculator.info
Once upon a time long, long ago, a gold card meant something. Back in the days before everything was computerized, merchants had to dial a phone and call for authorizations for charges of more than $50. If you had a gold card, it was $100.
Now the color of the card means nothing. It’s just a marketing ploy. You can pretty much get the same interest rates, limits, rewards, and other account terms on any color card. It all depends on your creditworthiness. Don’t worry about colors and cute names. Read the fine print and find the terms you want.
As the other girl said,, It’s just a marketing gimmick,, Years ago, like back in thr early 80′s, Gold cards started being marketed as a better credit card, then came ‘Platinum’, then ‘Titanium’ ,,
Now,, the ultra sheik cards being marketed currently are either ‘Black’ , or ‘White’ …
First Premier advertises a ‘Platinum’ card and the ain’t anything premium about their card,,