Platinum credit cards are considered as the most reputed credit cards and to get a platinum card, one requires proving his or her credentials. They are generally offered to those individuals with good credit ratings and an income of around 20,000 per annum or more.
Beyond the sex-appeal of the card itself, a platinum card often has a much higher credit limit than your run-of-the-mill card and obtaining one isnt always as easy as obtaining the lower level credit cards. Most companies require applicants to have a good credit score to receive the platinum credit card since platinum credit cards offer benefits above that of other credit cards. The credit score requirement is related to the amount of credit the card issuer gives with the platinum credit card. Since the credit limit on a platinum credit card is higher than most cards, the card issuer must have some assurance that the cardholder will pay the balance in a timely manner. Platinum credit cards have far more benefits and features compared to a standard or gold credit card and platinum credit cards usually have a lower interest rate than regular and even gold credit cards. Once you have shown credit card...
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