Visa Platinum plastic card: privileges, discounts, additional services

2024 Author: Howard Calhoun | [email protected]. Last modified: 2024-01-17 18:37

Bank cards are a convenient way to make payments and store money. There are several types of "plastic" depending on the package of services provided: electronic, standard, premium. For those wishing to receive an extended service and become a VIP client of the bank, the Visa payment system offers Gold, Platinum and Infinite service programs. Each of them is an indicator of prestige, convenience and comfort anywhere in the world. But the Visa Platinum card, which will be discussed in the article, will receive special attention.

A little about Visa

This is a world famous and popular payment system that regulates the relationship between the issuing bank, the merchant and the cardholder when making transactions. The company itself does not set service fees and does not produce "plastic". The activity of the Visa system is reduced to providing access to the electronic payment network and the security of transactions. Thanks to the company's innovative solutions, financial institutions offer card products to their customers. Banks getting eligibleissue Visa payment instruments, independently regulate the conditions for issuing and using plastic.

The company cooperates with organizations in more than 200 countries, which allows users to make payments almost anywhere in the world. Premium products open access to the World of Privilege bonus program. Visa Platinum, Gold and Infinite allow you to receive discounts, participate in special offers and be a welcome guest for payment system partners.

Personal assistant

Visa Platinum holders have access to a free concierge service anywhere in the world. Specialists will inform about interesting events at the location of the owner and take care of booking tickets. In addition, Visa Platinum concierge services include:

• car rental;
• order a taxi at any time of the day;
• reservation of a table in a restaurant, plane tickets;
• leisure activities;
• access to private clubs;
• help with route planning;
• information support (currency exchange places, weather forecast, addresses of hospitals, etc.).

The service is available both "at home" and abroad. The service is provided by ISOS (International SOS).

Customer support service

In emergency cases related to card maintenance, the user needs immediate assistance. Where to apply, being a Visa Platinum holder abroad? Premium privilegesproducts allow you to get help regardless of the location of the client. Visa's global support service will be able to take emergency action in case of loss or theft of "plastic".

By contacting the toll-free customer service number, a Visa Platinum cardholder can:

• organize the reissue and delivery of new "plastic" regardless of the location of the owner;
• block account;
• arrange for emergency cash at any time of the day;
• get the information you need.

Global support is open to all Visa cardholders regardless of class. However, only owners of premium "plastic" can count on emergency cash withdrawal and urgent reissue.

Travel insurance

What else can please a Visa Platinum holder? The privileges of this payment instrument are not only in excellent service, but also in a well-thought-out insurance program. The product is aimed at successful people who often travel for leisure or business purposes. Unforeseen circumstances can happen while traveling: flight cancellation or delay, theft of documents, luggage or money, accidents.

If the tickets were purchased with Visa Platinum, the owner and his close relatives receive insurance. It will protect against any troubles that may arise on the road. This includes costs associated with:

• loss, theft of luggage, documents, money;
• delay or cancellationflight;
• providing legal or medical assistance;
• evacuation;
• repatriation.

Insurance lasts only during the travel period, but no more than 90 days. In addition, the premium card holder has access to Visa's Medical & Legal Referrals program. Assistance is provided by ISOS. As part of the services provided, an individual has the right to make an appointment with a doctor, get advice by phone, and be evacuated with the help of medical aviation. Specialists will inform you about the location of medical and legal institutions, the level of service and prices.

Purchase insurance programs

Visa Platinum holders have privileges when paying for goods. The cardholder can count on two insurance programs at once. Consider them in the table.

Visa Purchase Insurance

Name	Purpose	Validity period	Unconditional Franchise	Minimum conditions for participation in insurance
"Warranty Extension"	Extension of free service period. Allows you to return part of the funds when replacing the product and reimburse the cost of repairs.	Up to 24 months after the expiration of the main manufacturer's warranty.	$50	The cost of goods is from $50. Manufacturer's warranty - at least 12 months. Payment by Visa Platinum bank card in fullpurchase price.
Purchase Protection	For a refund in case of theft, loss, damage or repair of goods	90 days from date of purchase.	$50	The item was paid for with a Visa Platinum card in full and cost at least $50.

Special attention should be paid to the size of the unconditional deductible, equal to $50. Refunds will be made minus this amount. In the event of an insured event, the cardholder will be able to receive from $1,500 to $5,000. More detailed terms and conditions of purchase insurance can be found on the official website of the payment system in the Visa Platinum information section.

Privileges in Russia

Premium card holders are a special group of clients of any financial institution. For them, the bank creates the most comfortable and favorable conditions for use. What exactly benefits the owner of Visa Platinum? The card has the following privileges:

• increased cashback (from 1.5 to 30%);
• free info services (Internet banking, SMS);
• additional issue of a "platinum" or "gold" card without commissions on preferential terms;
• high withdrawal limit;
• access to the VIP areas of various establishments;
• quality banking service;
• opening multiple currency accounts;
• access to premium programs from the bank (discounts by product categories, bonuses for purchases);
• high credit limit and lower interest rate.

Of course, each bank has its own individual program for Visa Platinum. Sberbank, for example, serves premium card clients in comfortable office areas without queues, providing a personal manager.

Money transactions

Visa Platinum has much more privileges for withdrawing, crediting or transferring funds than a classic card. In most banks, there is no commission for cashing out from premium plastic. The one-time withdrawal limit on average is about 500 thousand rubles. For Card to Card transfers, fees are also minimal or non-existent. You can replenish your account using electronic wallets, cash services, terminals with the “Cash in” function.

Another undeniable advantage of Visa Platinum is payWave contactless payment technology. Payment by credit card takes place in a matter of seconds and does not require the introduction of a PIN code. A certain limit is set within which contactless transactions are made.

Cost

The Visa Platinum premium package of banking services opens up a lot of opportunities for the owner and makes life much easier during travel and business trips. Annual maintenance of the card varies depending on the conditions of different banks. The amount varies between 2-15 thousand rubles. It all depends on the type of "platinum" card, the issuing bank and the package of additional services provided. Co-branded "plastic" usually costs more than the standard Visa Platinum.

"Platinum" card is undoubtedly a convenient and profitable product for a certain target audience. Only a successful person with above-average earnings, who often travels abroad, can appreciate the privileges of premium plastic. Otherwise, spending on card maintenance will bring more loss than benefit.