Chase Flexible Rewards Platinum Visa®

Earn Cash Back Low Intro APR No Annual Fee Earn Free Travel

Review: The Chase Flexible Rewards Platinum Visa®, issued by Chase, is designed for those who have very good credit and plan to take advantage of the reward program. Through the reward program, cardholders earn one point for every dollar spent on general purchases. Points may be redeemed for gift certificates, brand-name merchandise, a variety of travel awards, and cash. Points expire in five years, and there is a maximum of 60,000 points that may be earned per year. This card has no annual fee, and the interest rate for purchases and balance transfers is reasonable for a reward card (for those who qualify). In addition, there is a 0% introductory rate offered on purchases and balance transfers for the first twelve months of cardmembership. It is important to note that finance charges applied use the "Two Cycles Average Daily Balance" method, which is a more costly method in applying finance charges for those who occasionally carry a balance as compared to the "Average Daily Balance" method used by most card issuers. This card also offers a variety of additional benefits such as up to $1,000,000 in travel accident insurance, no liability for unauthorized transactions, auto rental insurance, and extended warranties for purchases. Therefore, those who qualify for the lowest rate offered, plan to pay in full after the introductory rate expires (to avoid finance charges), and will take advantage of the reward program will benefit most from what the Chase Flexible Rewards Platinum Visa® has to offer.

Date of Review: 2006-03-23 00:00:00

Notes: The APR for purchases and balance transfers varies according to the applicant's credit history and is either 5.99%, 9.99% or 14.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various Internet account related services. Lost and stolen card reporting. Emergency cash replacement. Emergency card replacement. No liability for unauthorized transactions. Purchase protection. Extended warranty for purchases. Auto rental insurance. Up to $1,000,000 in travel accident insurance. Year-end financial statement (upon request). Various travel and emergency assistance services. Guaranteed airport parking. Personal concierge service. Up to $3,000 in lost luggage insurance. Roadside assistance. See website for additional benefits.