Yes, you can upgrade your U.S. Bank Visa® Platinum Card to a better offer as long as you’ve had the card for at least several months, and you will have the best odds if your credit score and income have gone up since you applied. To see if your U.S. Bank Platinum card qualifies for an upgrade, call customer service at 1-800-285-8585.
U.S. Bank Platinum Card Upgrade: What You Should Know
The account should be open for at least several months before requesting an upgrade.
U.S. Bank only allows upgrades to cards within the same card family. For example, you cannot upgrade from U.S. Bank Platinum to a business card or co-branded card.
If you upgrade to a U.S. Bank card with an annual fee, the charge will appear on the new card’s first monthly statement.
You will not be eligible for any initial bonuses or introductory 0% APR offers associated with the new card, unless they’re included as part of the upgrade offer.
U.S. Bank Platinum card upgrades do not require a hard inquiry on your credit report, so there’s no effect on your credit score.
A U.S. Bank Platinum card upgrade typically takes just a few minutes. If you are approved, you should receive your card within 7 - 10 days from the approval date. Your card number may change, and your new card will come with an updated expiration date and security code.
You can use your old card until the new one arrives, and it will have all the benefits of the new card as soon as the upgrade is complete. Your current credit limit and APR will carry over to the new card, as will any unredeemed rewards, unless stated differently in the upgrade terms.
The U.S. Bank Visa® Platinum Card credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the U.S. Bank Platinum.
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the U.S. Bank Platinum, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the U.S. Bank Platinum credit score requirement. You can check your credit score for free on WalletHub.
The starting credit limit for the US Bank Visa Platinum card depends on various factors.
They would take into consideration your credit score, your disposable income, any assets you own, as well as any potential debts and liabilities you might have.
That being said, keep in mind that the credit limit that you start off with isn’t necessarily your limit forever. U.S. Bank will routinely evaluate your account to decide whether they should offer you a credit limit increase. Always paying on time and keeping your credit utilization low is key.… read full answer
Another card offered by U.S. Bank that is easy to get is the Harley-Davidson® Secured Credit Card. This card also requires a minimum deposit of $300. Keep in mind that the amount you put down as a deposit for either card becomes your credit limit.… read full answer
Given that the credit account is secured, you can get approved for these cards easily, even with bad (300+) credit. The U.S. Bank Secured Visa® Card has an annual fee of $0 and the Harley-Davidson® Secured Credit Card’s annual fee is $0.
Beyond secured credit cards, U.S. Bank offers several unsecured credit cards for good or excellent credit. So, it would be a good idea to first see the minimum credit needed for each card and check your credit score before applying for one.
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