Although the Citi Diamond Preferred provides more time to pay off debt interest-free, the U.S. Bank Visa Platinum has a lower balance transfer fee, so you'll likely save more money by transferring your debt to the U.S. Bank Visa Platinum even if you need a full 21 months to pay off your debt.
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.
| ALL Visa Diamond Credit Cards Include These Benefits:
• Contactless payment at point-of-sale. • No Annual Fees (Excludes Credit Builder) • No Balance Transfer Fees. • Same Rate on Purchases & Cash Advances. • Online Account Management.
Yes, the Citi® Diamond Preferred® Card is hard to get, as it requires at least good credit (a credit score of 700+) for approval. On top of that, Citi will also consider your payment history, credit utilization, and annual income to help determine if you qualify.
The most difficult Citi card to get is the Costco Anywhere Visa® Card by Citi, since it's their only consumer card that requires excellent credit to qualify. You also need to join Costco if you're not already a member and earn enough income to afford monthly payments on the card.
What is the highest credit limit for the Citi Diamond Preferred card? The highest credit limit for the Citi Diamond Preferred card can be over $10,000 for most creditworthy borrowers, according to multiple reports from cardholders on online forums.
The most prestigious credit card is the invitation-only Centurion® Card from American Express (Amex Black Card), as well as The Platinum Card® from American Express, and the Chase Sapphire Reserve® card. All three cards require applicants to meet high income and/or spending standards for approval.
The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back. Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in...
One of the world's most prestigious credit cards is the Centurion® Card from American Express*. Though there may be other cards with more elaborate benefits, those cards are kept well under wraps.
Our quick take: The Citi® Diamond Preferred® Card* can help you pay down your debt, with a 0% introductory balance transfer offer that lasts for an impressive 21 months (after that the APR will be 18.24% - 28.99% (Variable), based on your creditworthiness).
If your primary goal is to pay off debt and not much else, the Citi Diamond Preferred may be ideal — especially if you have a high amount of debt to transfer to the card.
A Citi® Diamond Preferred® card comes with all the benefits of a Citi credit card including a payment due date of your choice, 24/7 customer service and $0 liability for unauthorized charges.
Quicksilver: Quicksilver Clearly Wins — If You Qualify. The Platinum is a bare-bones card that helps people build credit, and that's about it. If you've graduated beyond the credit-building stage, choose the Quicksilver for its handsome rewards.
The Capital One Platinum credit limit can be as high as $3,000 according to online cardholder reports, but it will depend entirely on the specifics of each applicant's credit and their overall financial situation. Most cardholders get credit limits of at least $300, though.
It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.
Credit experts advise against closing credit cards, even when you're not using them, for good reason. “Canceling a credit card has the potential to reduce your score, not increase it,” says Beverly Harzog, credit card expert and consumer finance analyst for U.S. News & World Report.
What is the spending limit on the American Express Black Card? There is no spending limit with the Amex Black Card. However, balances must be paid off in full every month.
Bill Gates and his wife, Melinda, came in for brunch. At the end of the meal, he gave the server his credit card. Before he rang up the meal, the server showed a few of us Bill Gates' credit card. We joked a bit about what the limit on the card was.
No, the American Express Platinum card is not exclusive to millionaires, but it is considered to be a luxury card aimed at high-income individuals who can take advantage of the card's features.
On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.
As such, if you have one of these cards, you might consider a $5,000 credit limit to be bad and a limit of $10,000 or more to be good. Overall, any credit limit of five figures or more is broadly accepted as a high credit limit. The main exception to the usual credit limit rules are secured credit cards.
You can have as many Citi cards as you want, as long as your credit and income are good enough to get approved for each. Citi does not limit the number of cards you can have, but it does limit the number of cards you can apply for (and be approved) within a specific period of time.