Signature Federal Credit Union - Visa Platinum (2024)

FAQs

Which is higher Visa platinum or Signature? ›

Key Differences between Visa® Platinum and Visa® Signature

A Visa® Signature card offers low rates, but not as low as the Platinum card. Visa Signature rates are as low as 9.90%. The main differentiator between Platinum and Signature cards is that Signature cards earn Cash Back rewards.

At merchant Point of Sale counters, this card can be used to make transactions up to Rs. 1 lakh. The maximum amount of cash that can be withdrawn using Bank of India Visa Platinum Privilege Card from ATM is Rs. 50,000.

The U.S. Bank Visa® Platinum Card is designed for applicants with good to excellent credit, meaning a credit score of at least 670.

The only credit card you'll ever need. The Visa Signature Rewards Card is the only credit card you'll ever need. You're eligible with your excellent credit and minimum $5,000 credit limit. No annual fee, no balance-transfer fees, no cash-advance fees, and no foreign-transaction fees.

Key takeaways. The U.S. Bank Visa® Platinum Card could be worth getting if you're looking to pay down existing credit card debt or if you have a large purchase planned. The U.S. Bank Visa Platinum is not worth getting if you're looking for a card with ongoing rewards, a welcome bonus or no foreign transaction fees.

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

You will need a CIBIL score above 750 to be eligible for a platinum credit card. Since these cards have a higher credit limit, banks will thoroughly check your creditworthiness and previous credit behaviour.

Your credit score needs to be strong

American Express generally requires a good to excellent credit score to qualify for The Platinum Card® from American Express. Terms apply. You'll want to have at least a 690 credit score before applying for the card.

Personal Income and Business Income

We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum card.

Is it hard to get approved for platinum card? ›

To be eligible for the Amex Platinum Card^® you'll typically need a good to excellent credit score. This makes it one of the more difficult cards to be approved for.

The Capital One Platinum Credit Card is designed for those with a fair to good credit score of 580 or higher to improve their credit score — whether you're just starting out or looking to repair your credit.

Yes, a Visa Signature credit card can be hard to get, seeing as how some of the best Visa Signature credit cards require a higher income and good or excellent credit for approval.

On top of those “Visa Traditional” perks, Visa Signature credit cards give you extended warranties, a detailed year-end summary and travel assistance services. Visa Signature have more benefits than regular Visa cards because they're for customers with better credit and more income.

Meanwhile, CIMB Visa Signature now requires you to have a minimum annual income of RM36,000 in order to apply (RM3,000 per month), as opposed to the previous RM60,000.

A platinum credit card is usually a bank's most expensive or the top-tier card, second only to a titanium, black or diamond card if offered by the bank. It is often in the form of a rewards credit card.

Visa Infinite is the highest level of Visa-branded credit cards, above Visa Signature and Visa Traditional.

Visa Infinite credit cards are the better choice because of their slightly enhanced perks and protections. Still, the benefits are very similar to what you'll get with Visa Signature cards, and the availability of the certain perks is at the card issuer's discretion.

The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.