Chase Platinum MasterCard

• 0% Intro APR*
• The time period for the introductory APR and the balances to which it will apply will be based on our review of your application and credit history¹
• No Annual Fee
• Flexible Rewards Program: Earn one point per eligible dollar spent². Redeem for your choice of Cash Back, Merchandise, Travel or Gift Cards.
• Interest-free grace period when you pay your bill in full each month
• FREE Online Account Access
• FREE travel services including Auto Rental Collision Damage Waiver and Worldwide Travel Accident Insurance

The Chase Platinum MasterCard, issued by Chase, is designed for those who have very good credit and are looking for an overall good platinum card.

The credit card has a reasonable interest rate (lowest rates applied to balances equal to or greater than $2,500), an attractive 0% introductory rate, and no annual fee. Individuals who have a banking account relationship with Chase will also be able to take advantage of a lower APR (1% less than those who do not). Nevertheless, the card does have a high APR for cash advances and there is a minimum cap applied to the APR.

This platinum card also offers a variety of additional cardholder benefits that include travel accident insurance, auto rental discounts, auto rental insurance, and a year-end financial summary of cardholder transactions.

In addition to the common cardholder benefits, there are two optional reward programs to choose from (cardholders can only have one or the other per card account). The Chase Travel Rewards program has an additional annual fee of $25 (waived the first year of membership). Through this program, cardholders earn one point per every dollar spent on general purchases. A maximum of 80,000 points may be earned per year and earned points expire in five years.

The other reward program, referred to as the Chase Ultimate Rewards program, also has an additional annual fee of $25 (waived the first year of membership). Through this program, cardholders earn one point per every dollar spent on general purchases. The maximum number of points that may be earned in a billing period must not exceed the cardholder's credit limit and points expire in 3 years.

The platinum card is ideal for individuals who have a very good credit history, have a banking account relationship with Chase (to take advantage of the lower rate), and plan to take advantage of the various additional services and benefits (such as one of the optional reward programs) provided by the Chase Platinum MasterCard.

It is important to note that the various interest rates that can be applied to an individual's account may be confusing at first glance (in the 'Terms and Conditions' section) and should be fully understood before applying for the credit card.