Platinum Plus® Mastercard® Business Credit Card (2024)

FAQs

What is the credit limit on a Platinum Mastercard? ›

Credit limits up to $50,000 based on individual creditworthiness. 25-day grace period for purchases.

What is the U.S. Bank Business Platinum Card credit score requirement? The U.S. Bank Business Platinum Card credit score requirement is 700 or better.

Do you need a good credit score to get a platinum card? Yes, it's likely that you'll need a good credit score to get access to a platinum credit card. The eligibility criteria varies wildly between card issuers as there's no standard set of rules for what a platinum card is.

The average business credit card limit in the United States is $56,100, but your limit may differ significantly from national averages. That's because a lot of data goes into calculating the credit limit your business qualifies for.

Bottom line. To qualify for the Amex Platinum Card^®, you'll typically need a good to excellent credit score (670+).

Capital One Platinum, while it's meant to help people rebuild their credit, still requires a fair credit score to qualify. That's a FICO score of 580 or higher. If your score is lower than that, you may want to take a look at the best credit cards for bad credit.

To apply for a Platinum Mastercard, the applicant must have a minimum gross annual income of at least PHP780,000.

The U.S. Bank Business Platinum Card credit limit is usually around $5,000 to start, according to forum posts, and some cardholders report limits as high as $35,000. U.S. Bank does not include any specific U.S. Bank Business Platinum Card credit limit information in the card's terms, though.

Your credit score is one of the most critical factors. Many small business owners with personal credit scores of 700 and above will easily qualify.

Annual income of $100,000 or more. Aged 18 years or over.

Which is better Visa Platinum or Mastercard Platinum? ›

While both card companies offer similar benefits, Visa generally extends more benefits for its lower-level credit cards than Mastercard does, which reserves the best perks for its premium cards.

Your humm90 Mastercard will arrive in up to 10 business days from the day you accept the credit contract.

Your Card comes with No Preset Spending Limit which means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adjusts based on factors such as your purchase, payment, and credit history.

Yes, $25,000 is a high credit card limit. Generally, a high credit card limit is considered to be $5,000 or more, and you will likely need good or excellent credit, along with a solid income, to get a limit of $25,000 or higher.

You can get approved for up to hundreds of thousands of dollars with a business credit card, depending on your personal credit score, income, and business revenue.

The lowest starting credit card limit in the Philippines for first-time credit cardholders is reportedly around ₱20,000. Meanwhile, credit limits can go as high as ₱1 million for platinum and other high-tier credit cards.

If you have a Consumer or Business Green, Gold or Platinum Card, your Card does not have a credit limit. Instead, your Card has no preset spending limit unless you have been previously notified otherwise. No preset spending limit means the spending limit is flexible.

The World Mastercard Platinum credit card offers you special privileges, outstanding services and comprehensive insurance. These include Travel & Concierge Service, free access to airport lounges, an extensive insurance package and a bonus program. Now with half the annual fee in the first year.