What's the starting credit limit for the US Bank Visa Platinum card?

The credit score you need for the U.S. Bank Platinum card is 700 or better. That means people with at least good credit have a shot at getting approved for this card.

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

Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. 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.

U.S. Bank credit limits are $300 at a minimum, depending on the card. The U.S. Bank credit card with the highest starting credit limit is the U.S. Bank Secured Visa® Card, which has a maximum credit limit of $5,000, depending on the deposit amount.

Don’t be surprised if you can’t find any credit limit details in the U.S. Bank card terms, since U.S. Bank doesn’t list the minimum credit limit for many of its credit cards. You’ll find out your card’s credit limit after approval, though, and applicants with a high income and excellent credit will generally get the highest U.S. Bank credit limits. ... read full answer

You can request a U.S. Bank Visa® Platinum Card credit limit increase online, through the U.S. Bank mobile app, or by calling customer service at (800) 285-8585. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income U.S. Bank has on file. U.S. Bank will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.... read full answer

How To Get a U.S. Bank Platinum Credit Limit Increase Online

1. Log in to your online account or the U.S. Bank mobile app.
2. Choose the U.S. Bank Platinum card from the list of account options (if you have more than one U.S. Bank card).
3. Click “Self Service,” and then “Request Credit Limit Increase.”
4. Enter annual income, monetary assets and monthly housing payment. Click “Review my request.”
5. Confirm the information entered and click “Submit my request” to complete the request.

You should receive a decision in just a few seconds. If you’re approved for a U.S. Bank Platinum credit limit increase, the new limit is effective immediately.

Impact of a U.S. Bank Platinum Credit Limit Increase on Your Credit Score

When you request a U.S. Bank Platinum credit limit increase, U.S. Bank will conduct a hard pull of your credit report, which will cause a short-term dip in your credit score. U.S. Bank cannot do a hard pull without your permission, though.

Alternatively, you could be eligible for a U.S. Bank Platinum credit limit increase without even requesting one. The U.S. Bank Platinum may offer an automatic credit limit increase if U.S. Bank’s regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase involves a soft pull, which does not affect your credit score.