Pros & Cons
- No annual fee
- Lengthy introductory 0% APR
- No welcome bonus
- No rewards
- Foreign transaction fee
- Requires good credit
Features & Benefits
|Security||Credit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Identity theft protection|
|Contactless Payments||Tap to Pay, Apple Pay, Google Pay, Samsung Pay|
|Benefits||Cell Phone Protection, Free credit score access, Choose your due date, 24/7 customer service|
Interest Rates & Fees
|Foreign Transaction Fee||2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars. 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency.|
|Regular APR||16.74% - 26.74% (V) APR|
0% Intro APR
|Balance Transfers||0% Intro APR for 20 months on balance transfers, then 16.74% - 26.74%(V) APR after that.|
|Purchases||0% Intro APR for 20 months on purchases, then 16.74% - 26.74% (V) APR after that.|
How Does the U.S. Bank Platinum Compare?
The 0% introductory rate for a whopping 20 billing cycles is one of the longest 0% introductory APRs available today. If you’re looking to make a major purchase or pay down your debt, this is a generous amount of time to pay it off without incurring any interest at all. You also get up to $600 in cell phone protection when you use your card to pay your monthly bill. However, other than that, this card doesn’t offer any rewards and is a pretty no-frills credit card.
Who is the U.S. Bank Platinum best for?
Anyone looking to either pay down their other credit card balances (although this card does have a balance transfer fee) or make a major purchase will appreciate this card’s generous 0% APR offer.
Who would do better with a different card?
If you’re looking for rewards or cash back, you’ll want to choose a different card. Other than the cell phone protection benefit, this card is a strictly no-frills card, perfect for paying down debt but not much else.
What Credit Score is Required to Get the U.S. Bank Platinum
Based on data we’ve collected from public forums, a credit score of 740 or higher is ideal. Keep in mind that credit card issuers consider more than just your credit score when evaluating a credit card application.
|App Status||Date||Credit Score||Bureau||Credit Limit|
What are the best alternatives?
Citi® Double Cash Card - 18 month BT offer
1% to 2%
Chase Freedom Unlimited®
U.S. Bank Cash+ Visa Signature Card
1% - 5%