Is a Wells Fargo platinum credit card good?

Is a Wells Fargo platinum credit card good?

Is Wells Fargo Platinum hard to get

You'll need good to excellent credit to qualify for the Wells Fargo Platinum card. This is usually defined as a credit score of 690 or better.
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What is a Wells Fargo Platinum card

The Wells Fargo Platinum card is best for those looking for a basic card with no annual fee that gives you an extended interest-free period on balance transfers and purchases. You'll be able to pay down high-interest credit card debt or finance a big purchase without paying interest fees for 18 months.
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What is the minimum balance for Wells Fargo Platinum

How do I avoid the monthly service fee for Platinum Savings Avoid the monthly service fee with a $3,500 minimum daily balance each fee period.

How good is a platinum credit card

Meanwhile, a platinum credit card is typically a provider's top-tier rewards credit card that comes with benefits that you normally wouldn't find on a standard or gold card. These cards typically have higher interest rates and are thus geared toward individuals who are able to pay off their balance in full each month.

Is Wells Fargo better than Chase

The bottom line: Chase is a better choice for CDs, but Wells Fargo has easily manageable checking options. When it comes to savings accounts, it could be a tight race between the two banks. Chase is on Insider's list of the best national banks. Wells Fargo and Chase are two of the biggest national banks in the US.

Is Platinum Card prestigious

The Amex Platinum is one of the most prestigious travel credit cards you can own. Trying for an American Express credit card lets you establish a relationship with Amex. Plus, it can make it easier to add the Amex Platinum Card to your wallet in the near future.

Does the Platinum card have a limit

Welcome to the Help Center

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.

Is platinum better than a mastercard

Bottom Line: The Amex Platinum card has better earning potential than the Mastercard Black card. Membership Rewards points earned on the Amex Platinum card also offer greater potential value at redemption time when transferred to airline and hotel partners.

Is Wells Fargo Platinum Card discontinued

The information about Wells Fargo Platinum card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer. The Wells Fargo Platinum card is no longer available.

Is the Wells Fargo Platinum Card a Rewards Card

No, Wells Fargo Platinum does not offer cash back rewards, or any other type of rewards. This card was designed as a financing option, offering intro APRs on both new purchases and balance transfers.

Is it hard to get approved for a Platinum Card

Yes, it is hard to get the American Express Platinum card because applicants need a 700+ credit score and a high income to qualify for approval. But if you have at least good credit and make a lot of money, you have a decent shot at getting approved.

Is it hard to get a Platinum Card

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. So, you may need to work on building your credit score before applying for the card.

What is the disadvantage of Wells Fargo

The main drawback we see with Wells Fargo are the low APYs on most accounts — if you're looking to earn money through interest, this is not the bank for you. Wells Fargo should also be avoided by people who struggle with overdraft fees. The standard overdraft fee is $35 at a max of three a day.

How prestigious is Wells Fargo

Wells Fargo is among the top five banks in the United States. The bank makes money by lending out at a higher rate than it borrows. Wells Fargo operates four segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

What card do billionaires use

What Credit Card Do the Super Rich Use The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

Is it hard to get the Platinum Card

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. So, you may need to work on building your credit score before applying for the card.

Who qualifies for a Platinum Card

On average, Amex Platinum and Amex Business Platinum cardholders tend to have high incomes. However, a high income is by no means a requirement. We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum.

What annual income do you need for a Platinum Card

Salary Needed for Amex Platinum Credit Card

If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

Is Platinum Card the highest

The Platinum Card is the next step up from the Gold Card and comes with many luxury benefits. Qualifying for this card requires a very high credit score—and a lengthy credit history.

Which card is best platinum

The best platinum credit card is The Platinum Card® from American Express because it offers a variety of luxury perks and is one of the most prestigious cards overall.