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Sunday, December 21, 2008

Platinum Credit Cards Accepted Worldwide

By Gray Rollins

Platinum credit cards have greater supremacy when it comes to credit cards' benefits and privileges, much better than the Gold or Standard credit cards. The applicant for this card should have excessive figures of income to be qualified. Aside from the benefits and great opportunities, the status associated with Platinum credit cards is another reason why people prefer this card.

Among the platinum credit cards in the circulation, the American Express Platinum card is simply the best card of all with worldwide acceptance. It offers the greatest benefits a credit card can serve. If your credit score or credit history is good enough, you can even reach the credit limit of up to $100,000. This card may seem to be high in value, but you will eventually earn in return this value because, as long as you maintain a good credit score, you can earn 1.5 reward points for each of your purchases.

MasterCard Platinum credit card is another card that is accepted worldwide and offers reasonable interest rates for purchases. The MasterCard credit card company only requires prompt payments to maintain the reasonable percentage rate.

The platinum Master Card is for those with higher incomes but if you only pay the minimum on your outstanding balance your interest rates can go up by as much as 35%. When choosing this type of credit card the best way to save the interest and fees is by paying off the balance each month.

The Discover More Platinum credit card is another card that offers convenience through its high spending limits, zero annual fees, attractive introductory APR for purchases and balance transfers for 12 months, and some more rebates on purchases and cash back bonuses. Credit history and details can be accessed through online account access.

Platinum credit card features wider range of benefits and opportunities than the silver or gold credit cards. It extends additional services such as concierge services, travel services, and purchases on high class establishments. Once you met the qualifications of being a high earning individual with high credit score, you can avail this Platinum credit card and experience its benefits and privileges.

Platinum credit cards can also give service to business establishments. With so many options to do using the card, you can utilize the budget of the business and save part of the capital as you avail the installment plans. By using the platinum credit cards for your business purchases, it can also enjoy the benefits associated in the card. Aside from the rewards, bonuses, and other privileges, you can also generate savings of up to 25% on purchases made from companies affiliated with your credit card companies.

Platinum shopping card is also a form of credit card. Unlike the regular credit card which can be used for dining, travel, or other services, platinum shopping card is only intended for purchases of merchandise or just for shopping purposes. The credit transactions are still reported to the credit bureau for the credit score, so be sure to make prompt payments and take care of your credit history.

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