Platinum credit cards are prestige cards. These credit cards tend to offer a much higher line of credit than other cards because they are at the top strata of the credit cards ladder. Platinum credit cards limits are generally in excess of five thousand dollars. Added benefits are attached to these types of cards such as better customer service, great interest rates and rewards.

Some users of platinum credit card love these cards because of the prestige that accompanies flashing platinum, but most are looking for the card that suits their needs best. For one group of users the most important feature is a low Annual Percentage rate (APR). Others may want to cash in on the rewards and rebates that they can get.

Some of the main comparison points for platinum credit cards are:

APR rate: One bit of advice most credit counselors advocate is that you must find out what rate you will pay after the low or 0-rated APR. It is also important to compare rates based on whether its a fixed or variable rate. A low-fixed rate APR is generally better than a low-variable rate APR. With a fixed rate APR you can expect to pay the same rate over a period of time, while with the variable rate APR, the interest charged changes without notice.

Credit Limit: Even though the credit limit of platinum credit cards tends to be higher than on other cards, getting as much credit as possible is important to some users.

Annual fees: how high are these?

Other features may also come into play such as over-the-limit charges, rewards / incentive programs, the ability to use the card overseas, and grace periods.

With the number of platinum credit cards on the market today, finding the card that meets most of your expectations is not difficult, narrowing your search and selecting that one special card is the hard part. Luckily, the internet makes it easier to compare these cards with minimum effort.