The U.S. Bank Visa® Platinum Card is a premium credit card that offers a range of benefits designed for those looking for a smoother financial experience with exclusive advantages.
Whether you’re planning a big purchase or looking to reduce interest rates for an extended period, this card could be a great option.
In this article, we will explore all the details about the U.S. Bank Visa Platinum Card, from its benefits to its possible drawbacks, as well as how to apply for it and its associated fees.
Card Overview
The U.S. Bank Visa Platinum Card stands out for its flexibility, a 0% annual percentage rate (APR) for up to 20 months on purchases and balance transfers, and a competitive interest rate.
It is geared towards consumers who want an option with a low initial cost, the chance to transfer balances or make large purchases without paying interest for an extended period.
The card offers access to a range of exclusive benefits and additional protection for purchases, making it appealing to consumers who prioritize security and convenience.
Moreover, as a Visa-branded card, it provides the benefit of broad acceptance.
Reasons to Choose the Card
The U.S. Bank Visa® Platinum Card can be an excellent choice for those looking for the following benefits:
- 0% APR Introductory Period: For up to 20 months, you can enjoy purchases and balance transfers with 0% APR, making it ideal for paying off an existing balance or making large purchases.
- No Annual Fee for the First Year: The U.S. Bank Visa® Platinum Card offers no annual fee in the first year, which helps reduce the initial cost of the card. After this period, the annual fee is $0, but some users may choose to cancel to avoid this fee if they don’t plan on using the card.
- Purchase Protection: The card includes protection for damages or theft of purchases made within 90 days of the purchase date, providing additional security for consumers.
- Access to Visa Benefits: As a Visa cardholder, you gain access to several benefits such as Visa Zero Liability, which protects you against fraud on purchases, and Visa Purchase Security, which covers eligible purchases against theft or damage.
- Card Management Tools: The U.S. Bank app and website allow you to track your spending, check your balance, view statements, and set up alerts to stay on top of your expenses.

Drawbacks of the Card
While the U.S. Bank Visa® Platinum Card offers numerous benefits, there are some drawbacks to consider:
- Standard APR After the Introductory Period: After the 0% APR introductory period (lasting up to 20 months), the interest rate increases to a variable APR range of 16.99% – 27.99%, which may not be ideal for those who carry a balance for an extended period after the introductory period ends.
- No Rewards Program: Unlike many other credit cards, the U.S. Bank Visa® Platinum Card does not offer a rewards program, such as cashback or points accumulation. This could be a limiting factor for consumers looking to maximize their purchases with additional benefits.
- Annual Fee After the First Year: Although the card has no annual fee for the first year, after that period, there is a $0 annual fee, which may be a downside for some users, especially if the card is not used regularly.
What Are the Requirements to Apply?
To apply for the U.S. Bank Visa® Platinum Card, it’s important to meet the necessary credit requirements.
The application process is simple and can be done online. Here are the main requirements for applying:
- Minimum Age of 18: You must be at least 18 years old to apply for the card.
- Credit History: The U.S. Bank Visa® Platinum Card is recommended for individuals with good to excellent credit. Generally, a credit score above 670 is needed for approval.
- Sufficient Income: The bank may ask for information about your monthly or annual income to ensure you have the ability to repay the debt.
- U.S. Residency: Applicants must be U.S. residents.
The application process is entirely online, making it fast and convenient.
After filling out the application, you will typically receive a response within minutes, although in some cases, additional documentation may be required.
Fees and Costs
Like any other credit card, the U.S. Bank Visa® Platinum Card comes with some fees and costs. Here are the important details:
- Annual Fee: The card offers no annual fee for the first year. After this period, the annual fee is $0, but it can be charged if you decide to keep the card.
- Standard APR: After the 0% APR introductory period, the variable APR ranges from 16.99% to 27.99%, depending on your credit profile.
- Balance Transfer Fee: A fee of 3% of the transferred amount may apply, depending on the terms of your agreement.
- Cash Advance Fee: The cash advance fee is 5% of the withdrawn amount or $10, whichever is greater.
- Late Payment Fee: If the payment is not made on time, a late fee of up to $40 may be charged.
Frequently Asked Questions about the Card

1. What is the standard APR for the U.S. Bank Visa® Platinum Card?
The standard APR after the 0% introductory period can vary between 16.99% and 27.99%, depending on your credit history.
2. Does the card offer any rewards program?
No, the U.S. Bank Visa® Platinum Card does not offer cashback or points accumulation programs.
3. How can I avoid paying interest after the introductory period?
To avoid paying interest after the 0% APR introductory period ends, it’s important to pay off the full balance before the introductory period concludes.
4. What is the annual fee for the card?
The card offers no annual fee for the first year. After that period, the annual fee is $0, but it may be charged if you choose to keep the card.
5. What happens if I don’t make a payment on time?
If the payment is not made on time, you may be charged a late fee of up to $40, and the APR could increase.
This article about the U.S. Bank Visa® Platinum Card provides a detailed overview of its features, benefits, drawbacks, and requirements.
With a clear understanding of these aspects, consumers can make a more informed decision about whether this card is the right choice for their financial journey.