U.S. Bank Visa® Platinum Card

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Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Annual Fee:
Purchase Intro APR:
0%* for 20 billing cycles on purchases*
Balance Transfer Intro APR:
0%* intro on BTs for 20 billing cycles
Regular APR:
13.99% - 23.99%* (Variable)
Terms and Restrictions Apply | Rates and Fees

Bankrate Rating

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our 0% apr category page.

Editor’s note: Some of the offers on this page may be expired. Check out our Best Credit Cards page for the most up-to-date offers for our favorite credit cards.


The U.S. Bank Visa® Platinum Card is a simple, low-interest card option for those looking to pay off debt or a large purchase, plus no penalty APR for late or missed payments.

Here are the details:

The main attraction of the U.S. Bank Visa Platinum Card is its 0% introductory APR on purchases and balance transfers for 20 billing cycles (14.74% – 25.74% variable thereafter).

What makes the U.S. Bank Visa Platinum Card’s interest-free offer less attractive is the 3% balance transfer fee tacked on to it. There are a handful of other cards that will let you transfer a balance interest-free without a transfer fee.

The U.S. Bank Visa Platinum Card is not a card you should get solely for the introductory 0% APR offer, but for the complete package of what it has versus cards with a similar profile.

For example, you may find that its lack of an annual fee –  and the $600 worth of cell phone insurance you get (less a $25 deductible) if you pay the bill using this card – might make this more appealing than others in its class.

Is this card right for you?

If you’re interested in a no annual fee card with a 0% interest offer for purchases and balance transfers and cell phone insurance, you may find the U.S. Bank Visa Platinum Card appealing.

You’ll benefit most from this card is you tend to carry a balance and or occasionally have an issue making payments on time. Keep in mind you’ll need excellent credit in order to apply for this card.

  • Not currently available
  • Lengthy 0% APR offer on purchases and balance transfers (14.74%-25.74% variable APR thereafter)
  • Cell phone damage or theft coverage of up to $600 ($25 deductible)
  • No annual fee
  • Balance transfer fee of 3%
  • No rewards structure
  • You need excellent credit to apply for this card
  • No rental car insurance

How to use this card

To fully utilize the U.S. Bank Visa Platinum Card, try and pay off your entire purchase or any debt you may have within the 20-month 0% introductory APR period.

For example, if you owe $3,000, you could pay $150 a month without accumulating any interest. Keep in mind you would still owe a balance transfer fee of 3% of $3,000, or $90. For more information on how you can pay off your credit card debt, visit our online Credit Card Payoff Calculator.

If you’re interested in the card’s cell phone protection, no matter if you use Verizon, AT&T, T-Mobile or a different carrier, all you’ll need to do is pay your cell phone bill each month using your card. You’ll be covered for up to $600 worth of damage or theft per claim (with a $25 deductible) for up to two claims, and your coverage will start the first day of the month after you make the payment.

Additional perks of the card include the following:

  • Fraud protection
  • Flexible payment due dates
  • 24/7 account access
  • AutoPay
  • Free TransUnion® Credit Score

The bottom line

If you’re interested in a bare-bones low-interest card for paying off debt or a large purchase, the U.S. Bank Visa Platinum Card is a fine pick.