CorTrust Bank CorPlatinum Credit Card

CorTrust Bank CorPlatinum Credit Card
  • Minimum Credit Required:Excellent
  • Annual Fee:None
  • Network: VISA
  • Rating:
    2.82.8 / 5 from 35 votes - Cast your vote!
 
 
 
Rewards: Yes Type:  Points - Generic
Initial Bonus None Base Earn 1 point / $1 Max Earn 1 point / $1 Earn / Redeem Limit No
Reward Details:
  • With every purchase, earn points towards an array of valuable Gifts & Travel Awards.
 
 
Purchases:
Intro Rate 2.99% Intro Period 6 months Regular Rate 9.24% - 16.24%
Balance Transfers: 
Intro Rate2.99% Intro Period6 months Regular Rate9.24% - 16.24% Balance Transfer Fee 3% (max $100)
Cash Advances:
Cash Advance Rate 16.24% Cash Advance Fee 3% (min $10)
 
 
Additional Info:
  • Travel Accident Insurance.
  • You are guaranteed special savings on auto rental rates at Avis, Hertz, and National.
  • No fee for balance transfers, if completed at time of account opening.
  • Max Late Fee:  $25
  • Max Overlimit Fee:  None
  • Max Penalty APR:  None
  • Grace Period:  25 days
  • Online Response:  No
  • Foreign Transaction Fee:  1%
 
 
Your Recommendation
2.8
Your Rating: 1 2 3 4 5  
Overall Rating: 2.8 / 5 from 35 users

If you currently have the CorTrust Bank CorPlatinum Credit Card and are satisfied or you like the terms of this credit card offer please let your friends know.

 
 
 
 
 
 
back to top Discussion

Share your experiences, thoughts or just ask a question:

  • Joe Weider:
    I can’t decide whether the CorTrust Bank CorPlatinum Credit Card sounds like something out of Terminator or one of those jewelry commercials starring Dr. Quinn Medicine Woman. Either way, if you are considering opening the CorTrust CorPlatinum Card you need to see whether it’s a good deal or not. Well, it appears that the CorPlatinum Card gives you 1 point per $1 spent and has a 2.99% introductory APR on purchases and balance transfers for 6 months. Considering that this CorTrust Banks Credit Card requires excellent credit for approval, these terms are pretty bad. It’s a good thing that you learned that now instead of after applying for the Core Platinum Credit Card though because you have time to explore alternatives. The cards that are recommendable depend on your needs. If you want an attractive initial bonus, I’d go with the Chase Sapphire Card; it gives you $500 -625 for spending $3k in the first 3 months (that’s $500 more than the CorTrust Banks Core Platinum Credit Card gives you). If you want ongoing rewards, I’d recommend the Capital One Venture Card (basically travel oriented 2% cash back card), the Capital One Cash Card (1.5% across all purchases) or the Blue Cash Everyday Card from American Express (3% at supermarkets, 2% at gas stations and department stores, 1% on everything else). Obviously, all three cards offer better rewards than the CorTrust Platinum Card. If you want a low introductory interest rate, go with the Citi Simplicity, Diamond Preferred or Platinum Select Card, as all three offer 0% on purchases and transfers for 18 months. Again, this easily bests the CorPlatinum Credit Card’s 2.99% for 6 months.
 

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The card information shown on this page was last updated: May 1st, 2012 at 10:50 EDT


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