Chase Flexible Rewards Platinum Visa
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- Earn 1 Point for Every Dollar Spent
- Earn Airline Tickets, Hotel Stays, or Car Rentals
- 0% Introductory APR for Up To 12 Months
- No Annual Fee
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Chase Flexible Rewards Platinum Visa 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 airline tickets, hotel stays, car rentals, and more. Points expire in five years, and there is a maximum of 60,000 points that may be earned per year.
The Chase Flexible Rewards Platinum Visa 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.
The Chase Flexible Rewards Platinum Visa 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.
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