Apply of Platinum Credit Card

Platinum Credit Card is a credit card that offers lots of perks to its cardholders.

It is a credit card that is designed to provide its members with a lot of benefits that come with it. Platinum Credit Card is available in South Africa, and people are saying that it is convenient and is a good option to get.

Also, some people have said that Platinum Credit Card allows them to travel with ease, while others have said that Platinum Credit Card makes it easy to travel more. Furthermore, the other perks that Platinum Credit Card has include travel accident insurance and emergency assistance. Travel accident insurance will cover you for anything that happens to you while traveling, including lost luggage, damage to your rental, lost phone, and more! 

Rates and Fees of Platinum Credit Card

Annual Fee: The Platinum Credit Card charges a monthly service fee of R94, which can account to almost R1,200 for a year. This fee range is considered relatively average knowing that Platinum Credit Card can actually give you real-time benefits for daily and travel purchases!  

Late Payment Penalty Fee: Platinum Credit Card didn’t say anything about them charging late payment penalties to credit cardholders who forgot to pay their dues on time. But, it is still recommended that you avoid this to prevent further damage on your credit history. 

Returned Payment Fee: Aside from the late penalties, Platinum Credit Card didn’t disclose if they are charging anything about the returned payment fee to cardholders who had insufficient balance on their account.  

Foreign Transaction Fee: We also have no idea whether Platinum Credit Card charges a foreign transaction fee whenever a user wants to do something international. 

Interest Rate: The interest rates available with Platinum Credit Card can go between 1.88% to 4.88%. This fee range is considered low especially considering the benefits Platinum Credit Card can give you. 

Other fees: There’s a one-time initiation fee to get Platinum Credit Card and this charge R180. 

Qualifying for Platinum Credit Card

Minimum Credit Score needed: You don’t need an excellent credit score to be eligible for Platinum Credit Card. A good one that’s between 580 to 650 is enough for you to be considered as a candidate for approved applicant.  

Annual Income requirements: With Platinum Credit Card, you need to have a minimum monthly income of R25,000 which can go up to R300,000. 

How to apply for Platinum Credit Card?

To apply for a Platinum Credit Card, you can use an online application. The application process is entirely online and is quick and easy to complete. It takes just a few minutes to fill out and submit. Just make sure that you fill it out with your name, age, address, email, employment details, and proof of income. 

If everything goes well, Platinum will review your application and let you know if it has been approved. If so, review the terms and conditions before signing the contract. Now, you can use your new Platinum Credit Card and take advantage of its perks! 

Final thoughts

The Platinum Credit Card is convenient because of its travel perks. The Platinum Credit Card allows you to save money if you are traveling on business or leisure. The Platinum Credit Card allows you to book hotels and flights through a partner website, and you can earn points on all purchases. 

Whether you are travelling for business or pleasure, the Platinum Credit Card is the card for you. With a Platinum Credit Card, you will get the convenience of a credit card and the flexibility of a debit card. You’ll also get the best travel perks, including airport lounge access, travel insurance and much more!