GUIDES
LAST EDITED BY 
Have you considered getting a platinum credit card but don't know its benefits?
The platinum credit card is one of the premium credit card options that avails its holders of multiple rewards and perks on spending. The users can utilize these cards for shopping, dining, travel, and day-to-day expenses.
The platinum card benefits extend beyond the usual credit card rewards. Even though they provide additional offers than regular credit cards, cardholders must be extra cautious with their usage.
Here are the essential features you can consider making it part of your daily life.
1. Extended credit limit
Generally, credit cardholders face restrictions with usage beyond their limit. You do not need to worry about increased expenditure among other platinum credit card benefits.
The credit card avails you with a higher credit range. The premium card provides additional expenditure choices without letting it impact your credit score.
2. Exceptional reward points
Did you like the cashback you received in your previous shopping spree?
The platinum card benefits offer you abundance. With regular transactions through the card, you earn rewards of higher value than regular credit rewards. So, with higher spending, better redemption is a swipe away.
3. Travel benefits
From lounge access to excellent airport services, platinum credit card usage gives holders extra benefits. Many credit cards, like Fi-Federal co-branded Credit Card , provide value back on every spend and airline miles to redeem later.
The card usage leads to easy lounge access, which costs a bomb.
The best part is - the card lets you travel at a discounted rate with brand collaborations.
4. Cash withdrawal rewards
After Digital India, cash withdrawal seems like a non-rewarding effort. But, the platinum card benefits provide you with incentives to take your cash out. This offers the dual benefits of bank cards which can be used as a debit and a credit card.
5. Charge exemptions
If you're looking at your bills thinking if extra charges can be waived, platinum cards are for you. From fuel surcharge waivers to railway ticket increased fees, platinum credit cards deduct the frills of charges to save you enough money.
6. Corporate advantages
From frequent lunch purchases to sudden flights, platinum card benefits ensure you manage payments with rewards equivalent to your responsibilities. It helps you handle bills and purchases with ease. No matter the domestic or international area, the platinum cards offer rewards without restricting the region.
Essentials for a Platinum Credit Card
Excellent deals and discounts on the premium cards come with added cautions for issuing the card. Here are the important terms to keep in mind before acquiring the card:
- CIBIL score of 750 or more
- Extra documentation to show financial stability
- Proof of income
In Conclusion
A platinum credit card is the dream financial tool of many. These cards provide higher credit limits along with various waiver benefits and rewards. That being said, it also requires you to be extra cautious with the expenditure and debt repayments.
Fi Money offers a co-branded credit card with Federal Bank. Presenting a 5% card that rewards you with expenses. As you grow, the reward pattern of the card also changes. Avail accelerated rewards of up to 5x with shopping in the top 21 brands of India. Lounge access, forex fee reduction, vouchers, welcome offer, customised reminders, etc., are some additional advantages you can't ignore.
Frequently Asked Questions
1. How to apply for Platinum Visa Credit Card?
You can apply for a Platinum Visa credit card by visiting a bank's site. Locate the application form. Fill out the form with all the essential details. Finally, sign the digital application and finish the KYC process to receive the card.
2. What is Platinum Visa Credit Card?
Platinum Visa Credit Card is a credit card variant that provides extensive rewards, including travel, shopping, and lifestyle advantages. The card carries a higher reward value with each expense.
Products on our platform | Details |
|---|---|
Unified Payments Interface (UPI) | Epifi Technologies Pvt. Ltd ('Epifi Tech') is a Third-Party App Provider ('TPAP') - and acts as a service provider and participates in UPI through a Payment Service Provider ('PSP') Bank (Federal Bank). |
Savings Account and Deposits | Federal Bank offers savings account, fixed deposits and smart deposits to users on the Fi App (through Epifi Tech). Users' savings account and deposits are securely opened with Federal Bank. |
Cards | Fi Brand Pvt. Ltd. markets and distributes co-branded cards in partnership with Federal Bank and Visa. Cards are issued by Federal Bank. |
Loans | Epifi Tech facilitates loan distribution and acts as a lending service provider and/or digital lending application for various Banks, registered NBFCs and NBFC-P2P ('Lenders') List of Lenders. |
Mutual Funds | Epifi Wealth Pvt. Ltd. ('Epifi Wealth') is a registered investment adviser and provides a platform for mutual funds investment. Epifi Wealth has partnered with MFCentral to provide mutual funds analyser to users. |
Loans Against Mutual Funds | Epifi Tech in partnership with regulated entities including Epifi Wealth and Bajaj Finserv provides a platform for loans against mutual funds. |
US Stocks | Epifi Tech has partnered with US stock broker Alpaca Securities LLC to provide users the option to invest in US stocks. |
Connected Accounts | Epifi Wealth (as a financial information user), in partnership with Finvu and Onemoney, provides users the option to link their existing financial accounts on Fi. |
Credit Analyser | Epifi Tech (as a non-specified user) in partnership with Experian and CIBIL provides insights on users' credit scores |
Fi-Coins | Fi-Coins are earned under a reward programme for engaging with products and services on the Fi App. |
Fi Store | Fi-Coins can be redeemed on products and services listed on Fi Store such as merchandise, gift cards, air miles, among other things. |
Insights
1. Net Worth: Helps users get a view of their financial Net Worth — in accordance with their assets & liabilities
2. Wealth Maximiser: Analyses your finances, shares financial reports to make informed money decisions
These products are governed by our Terms and Conditions, Privacy Policy, and any other product and partner specific terms and conditions as communicated to you.
©epiFi Technologies Pvt. Ltd. 2025
Fi is a money management platform that offers the perfect solution for all your financial needs. The Federal Bank Savings Account offered through Fi is an online savings account that you can open in 3 minutes! It goes beyond online account opening, as it has helped reimagine the banking experience in India
Through Fi, you can do more: apply for an instant personal loan, pick from many types of Mutual Funds, select the best SIP to invest in US Stocks, apply for a forex-free Debit Card (works for select account plans) to use while travelling abroad, analyse/improve their portfolio, get a 360-degree view of your spend insights and take steps building wealth.
You can also utilise Fi's free personal loan resources, such as the Personal Loan and EMI calculator, before proceeding to the quick loan application process. All of this is why over 35 lakh Indians feel that Fi is the only financial app you will ever need.