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Visa Platinum benefits, rewards and privileges

The Visa Platinum credit card: What perks can you get?

As well as classic Visa credit card features such as global acceptance, Zero Liability protection and lost/stolen card reporting, Visa Platinum offers a taste of the high life with premium perks and benefits. But these credit cards also tend to have higher annual fees that could offset the benefits, rewards and privileges of the card, depending on your usage and spending habits.

Here we look at the perks that are available through Visa Platinum to help you weigh up the relevant costs and benefits before choosing a credit card.

Citi Clear Platinum

14.99% p.a. interest rate on purchases

Eligibility criteria, terms and conditions, fees and charges apply

Citi Credit Card Offer

The Citi Clear Platinum offers a low interest rate and low annual fee when compared to many other platinum credit cards. Enjoy the perks of having a Platinum Visa.

  • $99 p.a. annual fee.
  • 14.99% p.a. on purchases
  • Cash advance rate of 21.74% p.a.
  • Up to 55 days interest free
  • Minimum income requirement of $35,000 p.a.
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What benefits, rewards and privileges can I get with a Visa Platinum credit card?

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Credit card providers have the ability to choose the perks that come with their platinum credit cards, so the Visa Platinum benefits vary from card to card. Here are some of the exclusive benefits you could enjoy:

  • 24/7 concierge services. Access the Visa Premium Concierge Service with a phone call or email at any time of day (or night) and they will take care of booking that yacht, restaurant, flight or concert ticket for you.
  • Visa Front Line Access. This online service gives you priority access to pre-released tickets for live shows, concerts and other entertainment events.
  • Visa Premium lifestyle offers. Visa Platinum cards provide you with access to a variety of exclusive global discounts and offers, ranging from luxury spa retreats to romantic seaside adventures.
  • Visa Premium entertainment offers. Get the best seats at concerts, shows and sporting events.
  • Visa Premium travel services. Access special offers and discounts for hotels and travel experiences worldwide.
  • Global Customer Assistance. Whether you’re at home or out trotting the globe, Global Customer Assistance provides 24/7 support in case you lose your card and need a card replacement or emergency cash.
  • Other Visa features. As with any Visa credit card, a platinum product will also include features such as worldwide acceptance, Zero Liability protection in case of fraud and payWave for the ease of cashless payments.

Additional platinum credit card perks

Some providers may also offer a range of perks on top of those already available through Visa Platinum. These could include the following:

  • Complimentary travel insurance. This can include free coverage for international and interstate travel as well as for transit accident insurance and auto rental insurance.
  • Complimentary purchase insurance. Purchase insurance can include purchase protection, price protection and extended warranty on your card purchases.
  • Airport lounge access. Depending on your card provider, you could enjoy global airport lounge access at certain airline lounges.
  • Rewards program. You could also earn and spend rewards points in a frequent flyer or other rewards program when using your Visa Platinum.

Other factors to consider when choosing a Visa Platinum credit card

As well as the benefits, rewards and privileges offered directly through Visa Platinum, it’s also important to consider these credit card features:

  • Rewards. While your card’s rewards program isn’t technically a feature of Visa Platinum, most platinum cards let you earn more points per dollar spent when compared to regular cards.
  • Interest rates. Platinum cards generally charge higher interest rates, which can be a concern if you tend to carry an outstanding monthly balance on your credit card.
  • Annual fee. This is also usually higher among premium cards, so it’s important to consider whether the benefits you get will be worth the annual cost of any card you choose.
  • Credit limit. Platinum cards also tend to offer higher credit limits than standard cards, so it’s important to consider whether a higher limit would be convenient, or whether it could tempt you to overspend.
  • Eligibility criteria. The eligibility requirements for a platinum card are higher than for regular cards and usually include a higher minimum annual income and a stronger credit history.

While Visa Platinum credit cards can offer the prestige and luxury you desire, it’s important to also consider the potential costs they may involve. As with all cards, we recommend that you thoroughly research your available options and compare them before deciding if this type of product and card will suit your lifestyle and spending habits.

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31 Responses

  1. Default Gravatar
    MohammedSeptember 7, 2015

    Hi, i planned to travel using connecting flights which takes me to my destination after 19 hours. Thanks to VISA Platinum for offering me around 5% discount on my ticket purchases. Now i have a question, how can i benefit being a Visa card holder at the airport lounge? Is there any facility providing for the holder at the terminals? Specially in Abu Dhabi? Waiting for the response at the earliest.
    thanks in advance.

    • Default Gravatar
      ElaineFebruary 4, 2016

      I am a visa platinum holder with Westpac and will be travelling soon to the UK and Europe. Could you tell me what travel insurance I will have with my platinum card.
      Thank you,
      Elaine

    • Staff
      ArraFebruary 5, 2016Staff

      Hi Elaine,

      Thanks for your inquiry.

      Please refer to our Westpac Credit Card Insurance Policy Guide to find out which of these complimentary insurance policies you can take advantage of as a Westpac platinum credit card holder.

      I hope this has helped.

      Cheers,
      Arra

    • Staff
      JonathanSeptember 8, 2015Staff

      Hi Mohammed, thanks for your inquiry!

      Not all Visa cardholders can benefit from free access to airport lounges. To allow me to assist you further could you please state which credit card you are using? Please see this page for the list credit cards with this complimentary access.

      Cheers,

      Jonathan

    • Default Gravatar
      MohammedSeptember 8, 2015

      Hi Jonathan and thanks for your swift response.
      i have Visa Platinum (HSBC logo issued by SABB) and also Master Platinum. Thanks

    • Staff
      JonathanSeptember 9, 2015Staff

      Hi Mohammed, thanks for your inquiry!

      Unfortunately HSBC Platinum does not offer any complimentary airport lounge passes. Please refer to this page for credit cards with complimentary lounge access.

      Cheers,

      Jonathan

    • Default Gravatar
      MohammedSeptember 9, 2015

      OK Thanks Jonathan.

  2. Default Gravatar
    GennyAugust 31, 2015

    Hi, I have a nab qantas platinum visa card and am about to travel interstate where I will be hiring a car. Does my card offer me any benefits or rewards in regards to the cost of hire or insurance when booking my hire car.

    thanks, Genny

    • Staff
      JonathanSeptember 1, 2015Staff

      Hi Genny, thanks for your inquiry!

      Rental Vehicle Excess cover $1,250 per interstate journey. Rewards points can be earned on eligible purchases. As a result you can earn reward points in making eligible purchases to be covered by this insurance policy. Please refer to page 49 of the PDF I have sent to your email for the full terms of this insurance cover.

      Cheers,

      Jonathan

  3. Default Gravatar
    MickSeptember 1, 2014

    We have recently purchased with our Suncorp Platinum Visa Card an overseas family holiday. Please send me a link explaining what we are covered for in regards to travel insurance incorporated into this Visa purchase. Thank you

    • Staff
      ShirleySeptember 2, 2014Staff

      Hi Mick,

      Thanks for your question.

      Please check your inbox, I’ve emailed the document to you.

      Cheers,
      Shirley

  4. Default Gravatar
    brianJuly 1, 2014

    Does Visa travel insurance cover air travel in Australia?

    • Staff
      ShirleyJuly 2, 2014Staff

      Hi Brian,

      Thanks for your question.

      Which card are you specifically referring to? I can check the PDS for you.

      Cheers,
      Shirley

  5. Default Gravatar
    shaneMay 13, 2014

    i have heard that if i pay for a car rental with my platinum visa issued by NAB that i do not have to pay to bring down my insurance excess. is that correct and can i rent a care from any rent a car company in the Gold Coast?
    Regards
    Shane

    • Staff
      ShirleyMay 14, 2014Staff

      Hi Shane,

      Thanks for your question.

      In the terms and conditions it states that “in the event of a loss or damage to a rental vehicle which was rented by you during the rental period. We will reimburse you up to maximum of $1,250 per interstate journey for any excess or deductible, which you become legally liable to pay”.

      Please be mindful that only some types of cards are eligible, so you may want to have a read through the PDS to ensure your rental vehicle is covered.

      Cheers,
      Shirley

  6. Default Gravatar
    JulianneMay 1, 2014

    i have been told that if you purchase electrical goods with your Platinum Visa, the usual manufacturers warranty is extended by a year. i s this correct and how do you get something repaired under it.

    Thanks

    • Staff
      ShirleyMay 2, 2014Staff

      Hi Julianne,

      Thanks for your question.

      This depends on the manufacturer’s warranty when you purchase the goods and where you have bought the goods. Please see this page for more information – it’s important to specifically check the terms and conditions of your own credit card as well.

      Cheers,
      Shirley

    • Default Gravatar
      NageshFebruary 3, 2015

      Is their any travel insurance for Indian resident holding visa card

    • Staff
      ElizabethFebruary 3, 2015Staff

      Hi Nagesh,

      Thanks for your question.

      You can have a look at the providers that accept applications from temporary residents on this page. You can then look at this page to see the cards these providers offer that have complimentary insurance. Make sure you check the eligibility criteria of the card you’re thinking of applying for by clicking ‘more info’.

      You can also consider standalone travel insurance policies for non-residents on this page.

      I hope this has helped.

      Thanks,

      Elizabeth

  7. Default Gravatar
    March 11, 2014

    Qantas Lounge web says that transiting pax can access Qantas Lounges by showing flight tickets and Visa Platinum Credit cards.

    (We have a 6 hour layover in Bris. after coming from US (With Qantas) arriving 5 a.m before flying on to Fraser Coast with Qantas.)

    Can you confirm this please.

    • Staff
      JacobMarch 11, 2014Staff

      Hi, Max.

      Thanks for getting in touch with us.

      I had a chat with Qantas and they said that holding a Visa Platinum Card does not give you access to the Qantas Club. You need to be a Qantas Club member to access this lounge. I’d be keen to find out where you read otherwise. My understanding is that you have to have Platinum One, Platinum, Gold Frequent Flyer Qantas membership status, an Emirates Platinum or Gold Skyward Member, have Emerald or Sapphire oneworld status or be an international First or international Business oneworld customer.

      I hope this helps.

  8. Default Gravatar
    ValerieJune 20, 2013

    I am a Platinum card holder with NAB and will be travelling soon with my two small children. I was wondering if you could tell me what travel and/or health insurance I may be eligible for. A friend also thought that Platinum card holders were given access to certain airport lounges. Is this true? And if so which ones?
    Thank you.

    • Default Gravatar
      March 11, 2014

      Hi…Where can I access details ‘Meet and Greet’ (Platinum Travel Services.)

      Would like some help Los Angeles Airport through Baggage..Customs..Immigration and then rechecking baggage… Time is of the essence.

    • Staff
      JacobMarch 11, 2014Staff

      Hi, Max.

      I’m going to send some information about how to book this service to your email.

      Regards.

      Jacob.

    • Staff
      JacobJune 20, 2013Staff

      Hi Valerie. Thanks for your question. The complimentary international travel insurance benefit is offered with NAB Premium credit cards, NAB Qantas Plus Card and NAB flybuys Rewards card – they changed the names of the cards and ‘premium’ now replaces ‘platinum’. I have sent information about the policy to your email. It covers a range of overseas events. Please note that there may be an excess if you make a claim. Currently there is no lounge access offered among the range of NAB credit cards. Jacob.

  9. Default Gravatar
    GhanbarApril 17, 2013

    I’m travelling with my family to the USA and Canada and I have purchased the tickets with my platinum credit card. Could you please give details about the kind of medical insurance I and my family get and other travel insurance cover, afforded under this card.

    • Staff
      JacobApril 17, 2013Staff

      Hi Ghanbar. Thanks for your question. Who is the card issuer? We will need to know how the card is issued by before we can provide details about the insurances and benefits. Visa is the card issuer, but who is the card issuer? Jacob.

  10. Default Gravatar
    maryMarch 14, 2013

    Do I have to apply for travel insurance or is it automatic. Do I need additional travel insurance – travelling to France.

    • Staff
      JacobMarch 15, 2013Staff

      Hi Mary. If you check the terms and conditions of your complimentary travel insurance (found online) – there will be a section outlining eligibility or activation of cover, this is where you will find the things you need to do in order to be covered. If you follow these criterion, the cover is automatic. Thanks.

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