There are the following differences:

1. Application conditions

The gold card is mainly for high-quality people, while the platinum card is only open to high-end users. Compared with gold cards, the application threshold for platinum credit cards is much higher. Under normal circumstances, platinum cards are applied for through a recommendation system and an invitation system. Only when certain conditions are met, such as a personal annual income of more than 100,000, the bank will Actively invite users to apply.

2. Credit limit

The credit limit of most gold cards is around 50,000, while the credit limit of platinum cards is more than 100,000. Minsheng Bank’s Diamond Platinum Card The amount is even as high as 3 million. Since each bank has different risk control assessment systems and main business models, even if you apply for a platinum card, you will get different credit limits.

3. Annual fee rules

Since the platinum card has a higher credit card level, its annual fee is much more expensive than that of the gold card. Currently, the annual fee of most platinum cards is 2,000 The annual fee for some special platinum cards is even over 10,000 yuan. Unlike gold cards, platinum cards launched by many banks do not support annual fee reductions directly, but can only be reduced through consumption and points.

4. Exclusive privileges

Due to different credit card levels, cardholders enjoy different privileges. Compared with the gold card, the platinum card has a higher limit and greater discounts, and cardholders can also enjoy unique value-added services, such as counter business priority, the highest hotel configuration, airport VIP room services, golf Booking services and more.

In addition to being divided into ordinary cards and gold cards based on the credit status and status of the cardholder, credit cards also have other distinctions, such as

According to the card issuer Different, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to different repayment methods, credit cards can be divided into credit cards and quasi-credit cards

Credit cards. When the card-issuing bank provides bank credit, it is first used as an overdraft, and then repaid or paid in installments. Most of these cards are used internationally. That is to say, the way that cardholders are allowed to pay off their credit card accounts without deposits is "spend first, deposit later". Most of these cards are used internationally.

Quasi credit card. It is a credit card issued by a bank that allows you to deposit money first and spend later. When applying for a credit card, cardholders need to deposit a certain amount of money in the card-issuing bank for backup. Cardholders need to use the deposit balance as a basis when using the card. Overdrafts are generally not allowed.

According to the different circulation scope of credit cards, they can be divided into international cards and regional cards

International cards. An international card is a credit card that can be used outside the country of issue and is accepted worldwide. The five major overseas groups (MasterCard, Visa International, American Express, JCB Credit Card Company and Diners Club) issued MasterCard, VISA Card and American Express Card respectively. ), JCB Card and Diners Club Card are mostly international cards.

Regional card. A regional card is a credit card that can only be used within the issuing country or within a certain region.

Most of the various credit cards issued by commercial banks in my country are regional cards.

Reference materials:

Baidu Encyclopedia-Credit Card