There are many grades of credit cards, from low to high, there are three levels: general card, gold card and platinum card.
1. Differences between Platinum Credit Card and Ordinary Credit Card
1. Different credit lines
Generally, the credit lines of ordinary credit cards are lower than those of platinum credit cards, and the credit lines of ordinary credit cards are usually around several thousand yuan, basically not exceeding 1, yuan, while those of platinum credit cards are usually above 5, yuan. Of course, applicants with different qualifications have different amounts of approval, depending on the final approval result of the bank.
2. The annual fee is different
The annual fee of ordinary credit cards is lower than that of platinum credit cards, and the annual fee of ordinary credit cards is mostly one or two hundred yuan, or tens of dollars; Many annual fees for platinum credit cards are thousands or even tens of thousands of yuan.
Moreover, many ordinary cards are directly exempted from the first annual fee, and the annual fee for the following year can also be exempted; As for platinum cards, many of them are rigid annual fees. Even if they can be reduced or exempted, they can only be redeemed by points. Of course, the details still depend on the bank's regulations. Some platinum credit cards are free of annual fees for life.
3. Different rights and interests
Ordinary credit cards have less rights and interests, while platinum credit cards are generally very rich in rights and interests, and many places can enjoy VIP services. In many preferential activities, platinum credit cards are also more discounted than ordinary credit cards.
second, the difference between gold card and platinum card
1. application conditions
gold card is mainly for high-quality people, while platinum card is only open to high-end users. Compared with the gold card, the application threshold of the platinum credit card is much higher. Usually, the recommendation system and invitation system are adopted to apply for the platinum card. Only when certain conditions are met, such as the personal annual income reaching more than 1,, will the bank take the initiative to invite users to apply.
2. Credit line
Most gold cards have a credit line of around 5,, while platinum cards have a credit line of over 1,, and the diamond platinum card of Minsheng Bank even has a credit line of 3 million. Because each bank's risk assessment system and main business model are different, even if you apply for a platinum card, you will get different credit lines.
3. Annual fee rules
Due to the high credit card grade of platinum card, its annual fee is much more expensive than that of gold card. At present, the annual fee of most platinum cards is around 2,-4, yuan, and the annual fee of some special platinum cards even exceeds 1, yuan. Unlike gold cards, platinum cards launched by many banks do not support direct annual fee reduction, but can only be reduced through consumption and points.
4. Exclusive benefits
Due to different credit card grades, cardholders enjoy different benefits. Compared with the gold card, the platinum card has a higher quota and greater incentives, and the cardholder can also enjoy unique value-added services, such as counter business priority, the highest hotel configuration, airport VIP room service, golf reservation service and so on.