This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content

U.S. Bank Visa Platinum Review: Among the Longest 0% Intro APR Offers

Many or all of the products here are from our partners that pay us a commission. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

When it comes to avoiding credit card interest, the U.S. Bank Visa® Platinum Card is as good as it gets. It has a long 0% intro APR offer that covers purchases and balance transfers. It's light on benefits elsewhere, though, and it doesn't earn any rewards. Read our full U.S. Bank Visa® Platinum Card review to find out whether this U.S. Bank card is the best choice.

  • With a 20 billing cycle intro APR offer for both balance transfers and purchases, this is one of the best low interest credit cards we've come across.

    • Long 0% intro APR offer
    • No annual fee
    • Cell phone protection
    • Free credit score monitoring
    • No rewards
    • Foreign transaction fee
    • Limited Time Offer!
    • 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 15.24% - 25.24%.
    • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your U.S.Bank Visa® Platinum Credit Card. Certain terms, conditions, and exclusions apply.
    • Choose a payment due date that fits your schedule
    • No Annual Fee
    • Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
    • Terms and conditions apply.
U.S. Bank Visa® Platinum Card
Apply Now for U.S. Bank Visa® Platinum Card

On U.S. Bank's Secure Website.

Compared to other top credit cards

  • This card: U.S. Bank Visa Platinum
  • For cash back: Chase Freedom Unlimited®
  • For cash back and a balance transfer offer: Discover it® Balance Transfer
As of May. 17, 2022
Image for
Image for
Image for
U.S. Bank Visa® Platinum Card Chase Freedom Unlimited® Discover it® Balance Transfer
Apply Now for U.S. Bank Visa® Platinum Card

On U.S. Bank's Secure Website.

Rates & Fees Rates & Fees

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it.

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it.

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it.

Welcome Offer:

N/A

Welcome Offer: Info Icon Circle with letter I in it.

Up to $300 cash back

Welcome Offer: Info Icon Circle with letter I in it.

Cashback Match

Rewards Program:

N/A

Rewards Program: Info Icon Circle with letter I in it.

1.5% - 5% cash back

Rewards Program: Info Icon Circle with letter I in it.

1% - 5% Cashback

Intro APR: Info Icon Circle with letter I in it.

Purchases: 0% Intro on purchases, 20 billing cycles

Balance Transfers: 0% Intro on balance transfers, 20 billing cycles

Intro APR:

Purchases: 0%, 15 months

Balance Transfers: 0%, 15 months

Intro APR:

Purchases: 0% Intro APR, 6 months

Balance Transfers: 0% Intro APR, 18 months

Regular APR:

15.24% - 25.24% (Variable)

Regular APR:

15.24% - 23.99% Variable

Regular APR:

12.74% - 23.74% Variable APR

Annual Fee:

$0

Annual Fee:

$0

Annual Fee:

$0

Highlights:

  • Limited Time Offer!
  • 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 15.24% - 25.24%.
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your U.S.Bank Visa® Platinum Credit Card. Certain terms, conditions, and exclusions apply.
  • Choose a payment due date that fits your schedule
  • No Annual Fee
  • Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
  • Terms and conditions apply.

Highlights:

  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.24% - 23.99%.
  • No annual fee - You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.

Highlights:

  • INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • NEW! Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.
  • Redeem cash back any amount, any time. Rewards never expire.
  • No annual fee.
  • Click "Apply Now" to see terms and conditions.
Apply Now for U.S. Bank Visa® Platinum Card

On U.S. Bank's Secure Website.

Show More Arrow graphic to expand and collapse content Show Less Arrow graphic to expand and collapse content

Full U.S. Bank Visa Platinum review

This credit card is a good fit for: Consumers who need as much time as they can get to pay down big purchases or credit card debt with a 0% intro APR.

Top perks

The highlight of the U.S. Bank Visa® Platinum Card is a lengthy 0% APR offer, and the card issuer has rounded it out with some good extras.

0% intro APR on purchases for 20 billing cycles

This card's 0% intro APR on purchases applies to the first 20 billing cycles, so it covers over a year and a half of credit card statements. Even compared to other top 0% APR credit cards, that's a great offer. It's ideal if you need to finance costly purchases and make payments on them. With this U.S. Bank card, you'll have plenty of time to do that without paying credit card interest.

0% intro APR on balance transfers for 20 billing cycles

The U.S. Bank Visa® Platinum Card has an equally impressive 0% intro APR offer on balance transfers. This is one of the longest offers among all balance transfer credit cards, so this card is equally useful for paying off credit card debt. Transfers must be made within 60 days of account opening to qualify.

No annual fee

If you're trying to save money with a 0% APR offer, you probably don't want to incur any extra fees. This is a no annual fee credit card, which is another reason it's perfect for saving money.

Cellphone protection

You don't need to buy cellphone insurance or leave your phone at risk when you have this credit card. If you pay your cellphone bill with your U.S. Bank Visa® Platinum Card, then your phone will be insured against damage or theft for up to $600. The limit is two claims of up to $1,200 total per 12-month period. A deductible of $25 per claim applies.

Keep in mind that this is secondary insurance. If you already have an insurance policy that covers your cellphone, you need to make a claim through that first.

Free credit score

You'll have a complimentary credit monitoring tool at your fingertips. TransUnion's CreditView™ product is available through U.S. Bank's online banking site and provides you with your VantageScore.

This service is convenient and shows you if your credit is headed in the right direction. However, it's worth mentioning that the most widely used type of credit score is your FICO® Score. VantageScore isn't nearly as popular among lenders.

What could be improved

Before you apply for the U.S. Bank Visa® Platinum Card, you should know about the areas where it could improve.

No rewards

The most glaring issue with this card is that it doesn't offer purchase rewards. It's purely an intro 0% APR card. If you want to earn cash back or points on your spending, then you'd need to look at rewards credit cards. Some of them have 0% intro APR offers of their own, although they don't last as long as this U.S. Bank offer.

Balance transfer fee

U.S. Bank charges a balance transfer fee of 3% with a $5 minimum. That can add up when using balance transfers to pay off debt. To be fair, just about every balance transfer card charges this type of fee.

Find the best credit card for your needs

Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.

Suggested credit score

To have the highest chance for approval for the U.S. Bank Visa® Platinum Card, you should have a FICO® Score of 670 or higher. Some applicants can secure approval with a lower score, but having a higher score simply improves your chances. U.S. Bank tends to be selective about who it approves for this credit card. In addition to your credit score, U.S. Bank will also look at a variety of factors, such as your income and any debts you have, to make its decision.

The U.S. Bank Visa Platinum is right for you if:

You need a 0% intro APR for as long as possible on either purchases or balance transfers. That's where the U.S. Bank Visa® Platinum Card outdoes almost every other credit card. Whether you have a big purchase (or several purchases) that you need to pay off over time or debt to refinance, 20 billing cycles gives you plenty of time to repay everything.

Before you apply, it's a good idea to estimate how long you'll really need to pay off your debt. A credit card interest calculator can help with this. If you need 18 months or less, then you may want to look at other top credit cards that have shorter 0% intro APR offers, but also offer more benefits, such as rewards and sign-up bonuses.

FAQs

About the Author