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WorldPerks® Visa® Platinum Card from U.S. Bank


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Reward - Airline Credit Card

WorldPerks® Visa® Platinum Card

Overall Rating:



WorldPerks® Visa® Platinum Card
Issued by: U.S. Bank

Annual Fee: $55
Intro Rate: None
APR: 14.75%
Card Type Reward - Airline


CREDIT CARD REVIEWS:


The WorldPerks® Visa® Platinum Card, issued by U.S. Bank, is ideal for those with very good credit who travel regularly on Northwest Airlines® or any of their airline partners.

Through the rewards program, cardholders earn one mile for each dollar spent on purchases. Up to five miles per dollar can also be earned at participating restaurants. Upon approval, up to 10,000 bonus miles are applied to the account. Earned miles can be redeemed for free travel with Northwest Airlines® or any of their partners. Although miles do not expire, there are some mileage restrictions. For instance, those who spend more than $60,000 in any calendar year or over $10,000 per billing cycle will be limited to one mile for every two dollars spent over that amount.

Nevertheless, those who prefer to have their credit card bill automatically paid in full each month (or are members of Northwest® WorldPerks® Platinum Elite, Gold Elite, or Silver Elite) will be exempt from all reward limitations.

For an airline reward card, the $55 annual fee is considered reasonable, but the interest rate applied to purchases is above average. It is important to note that the APRs for all transactions are tied to the highest Prime Rate during a three-month period. Due to this policy, the APRs may never reach the lowest possible interest rate.

In addition to the rewards program, cardholders can expect common platinum benefits offered by U.S. Bank that include up to $1,000,000 in travel accident insurance, auto rental insurance, purchase protection services, and online account access.

Therefore, those who can afford to pay in full each month (to avoid finance charges), plan to sign up for the auto-payment option (to avoid reward limitations), and will be able to earn a free ticket or other travel related service within a two-year period (due to the annual fee) will benefit most from what the WorldPerks® Visa® Platinum Card has to offer.


Other Card Specific Information


Introductory Rate None
Var Fi x Purchase Variable
Annual Fee $55
Annual Details None
Application Fee n/app
Participation Fee n/app
Reload Fee n/app
Inactive Fee n/app
Total First Year Fees n/app
Type of Reward Mile
Optional Reward No
Optional Annual Fee n/app
Rebate Minimum n/app
Rebate Maximum n/app
Additional Rebates n/app
Rebate Details n/app
Points Per Dollar Spent n/app
Additional Points n/app
Point Details n/app
MilesPerDollarSpent 1 Mile
AdditionalMiles Up to 5 miles per dollar spent at select restaurants.
MileDetails Miles earned can be redeemed for travel on Northwest Airlines®, KLM Royal Dutch Airlines®, Continental Airlines®, Alaska Airlines® and additional carriers.
Miles Compatible With Yes
Expiration None
Yearly Limit None (1 mile is awarded for every $2 spent if purchases exceed $60,000 per year or $10,000 per billing cycle.)
Additional Perks Various Internet account related services.
Up to $1,000,000 in travel accident insurance.
Auto rental insurance.
Various travel and emergency assistance services.
Emergency cash replacement.
Emergency card replacement.
Lost and stolen card reporting.
No liability for unauthorized transactions.
Extended warranty for purchases.
Purchase protection.
Discounts on products and services at participating merchants and retailers.
See website for additional benefits.
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