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Platinum Credit Card - Features & Benefits

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Created on
May 4, 2023


What’s Inside

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 the 5% card from Fi Money, 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.


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
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