Maximum Rewards Platinum Edition® Visa® Card

Credit cards can be powerful financial tools if you use them properly. Of course, it helps to start with a good credit card that can provide you with superior benefits and continues to provide them over a long period of time. With the right credit card you can start to build your credit history and establish a positive credit score which will be beneficial down the road, especially if you want to buy much larger items like a car or house.

Some cards, though, also offer benefits that you can enjoy relatively quickly, rewarding you for your continued loyalty. These kinds of cards are very common so it is important to examine all of the benefits that each card provides to determine which one is best for you.

Take the Maximum Rewards Platinum Edition Visa Card, for example. It has no annual fee, which could save you money immediately over other cards that charge a substantial annual fee. This card also has an extremely low introductory rate and competitively low standard rates, meaning that you will save as you start to use the card. The benefits program is solid, too, as you can use your points in a variety of ways.

Furthermore, there are two introductory rates that you can take advantage of immediately after you are approved for your card. Both introductory rates could have you paying very little interest, if any, for the duration of their introductory periods. You could enjoy these low introductory rates on all purchases for the six months and balance transfers for the first year.

Even though the introductory periods end within the first six and twelve months, the low rates do not. In fact, the standard variable APR is highly competitive among other similar cards that are currently on the market in the United States. Of course, the extent of your APR will depend on a few variables, which includes the prime market rate at that time as well the condition of your credit.

Like most other cards on the market today, the Maximum Rewards Platinum Edition Visa Card offers a competitive incentive points program. With this card you will earn 1 point for every $1 in qualifying purchases. This is very simple, obviously, but there is no limit to the number of points that you can earn, which is something that is not honored by every rewards card.

It's a good thing that your rewards points never expire because you can use them towards specific merchandise, gift certificates, travel arrangements, or cash rebates. Even though you only need 1,500 points to begin enjoying your benefits, you can hold out for as many as you need to structure your rewards program to suit your interests.

The review prepared by CreditCardsCo™. Opinions expressed therein are solely those of the reviewer.