Advertiser Disclosure

U.S. Bank Visa Platinum Card Review

Image to accompany review of the U.S. Bank Visa Platinum credit card
We want to help you make more informed decisions. Some links to products on this page will take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.

U.S. Bank Visa Platinum is NextAdvisor’s top choice for a 0% interest intro offer on new purchases as well as balance transfers, and it’s easy to see why: its 18-billing-cycle intro period (18.74% – 28.74%) variable APR thereafter) is the longest offer widely available in either category, especially after many issuers rolled back their balance transfer offers this year. You won’t earn any ongoing rewards, but for debt payoff or forgoing interest on new purchases, this card is tough to beat.

At a Glance

  • 0% introductory APR for 18 billing cycles on new purchases 
  • 0% introductory APR for 18 billing cycles on balance transfers posted to your account within 60 days of account opening
  • Ongoing variable APR of 18.74% – 28.74%, based on creditworthiness
  • Balance transfer fee of $5 or 3% of balance, whichever is greater
  • No annual fee
  • No penalty APR
  • Late payment fee of up to $40


  • Long 0% interest intro offer for purchases and balance transfers

  • No annual fee

  • No penalty APR


  • Fees for late or returned payment

  • 3% balance transfer fee ($5 minimum) applies

  • No rewards structure

Additional Card Details

You can receive cellphone protection if you use this card to pay your monthly phone bill, which covers damage or theft up to $600 for up to two claims per year with a $25 deductible. 

U.S. Bank allows you to choose your payment due date, and offers access to your TransUnion credit score for free if you enroll in online banking. The U.S. Bank Visa Platinum also comes with fraud protection in case of any unusual activity on your account. 

Should You Get This Card?

This card should be in your wallet if you want to ensure an extended 0% interest cushion — whether it’s to pay down debt balances or extend payments on a large purchase. Before applying for this card, make sure you are disciplined about paying your bills on time and have a solid plan to pay off as much of your balance as possible before the intro period ends. After your ongoing APR kicks in, you’ll accrue interest on any remaining balance (transferred or new) from that point until you pay it off in full.

In either case, using this card responsibly can potentially save you from paying thousands of dollars in accrued interest over time.

How to Use U.S. Bank Visa Platinum Card

The U.S. Bank Visa Platinum is best for paying down debt via balance transfer or paying off a large purchase over time without accumulating interest. You will receive no additional rewards or points for using it, but it can be a gamechanger for helping you consolidate and pay down balances.

U.S. Bank Visa Platinum Balance Transfer 

After opening your account, you’ll have 60 days to do a balance transfer. But the clock starts ticking on your 20-billing-cycle intro period upon approval, so the sooner you complete your balance transfer, the more time you’ll have to capitalize on the zero interest offer.

Let’s say you have a current balance of $5,700 on a card earning 16% APR. This chart shows the difference in value of making minimum monthly payments (calculated at 3% of your total balance) on that card versus transferring your balance to the U.S. Bank Visa Platinum, and then either continuing to make similar minimum monthly payments or paying the balance in full within the intro period.

Current Card Payoff (with Minimum Monthly Payment)U.S. Bank Platinum (Paid in Full Within Intro Period)
Starting balance$5,700$5,700
Monthly payment$171 (adjusted as principal decreases)$316.67
Time to pay off189 months18 months
Interest + fees$4,325.56$171
Amount paid in full$10,025.56$5,871

U.S. Bank Visa Platinum 0% Interest

In addition to balance transfers, the Visa Platinum’s 0% introductory interest offer on new purchases, also for 18 billing cycles (18.74% – 28.74% variable APR thereafter), can be a great way to spread out your payments without taking on interest. This might be beneficial if you’re purchasing new home appliances during a renovation project that you’ll want some extra time to pay off, for example. Make sure you pay at least the minimum amount due each month throughout the intro period and have a plan to get your balance paid before the ongoing interest rate kicks in after 18 billing cycles.

It’s important to keep offers on balance transfer and new purchases separate. If you’re paying off debt, avoid racking up balances on new purchases throughout the payoff period, even with the intro purchase APR. 

And though you won’t incur a penalty APR for late payments, you should still prioritize paying your monthly bill on time to avoid late fees, which can cost you up to $40 per month.

Bottom Line

Editorial Independence

As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.

The U.S. Bank Visa Platinum is a winner on multiple fronts; it’s our pick for both the best balance transfer credit card and the best 0% interest card. Compared to other 0% introductory interest offers on new purchases and balance transfers, this card’s extended 18-billing-cycle no-interest intro period (18.74% – 28.74% variable APR thereafter) is a powerful tool. 

We like the U.S. Bank Visa Platinum because it’s simple. It’s designed to help you pay off lingering credit card debt or spread out payment of large purchases over time. You won’t get any rewards with it, but it’s the best introductory offer we’ve found on the market today.

*All information about the U.S. Bank Visa Platinum Card, Wells Fargo Platinum card has been collected independently by NextAdvisor and has not been reviewed by the issuer.

Frequently Asked Questions

What credit score do you need for the U.S. Bank Visa Platinum card?

To get approved for this card, you’ll likely need a good-to-excellent credit score of around 670 or higher. If your credit card debt balances have lowered your credit below this threshold, consider other debt consolidation methods or take time to employ credit-boosting strategies to raise your score before applying.

Is U.S. Bank Visa Platinum a good card?

If you’re looking to earn rewards long-term, you won’t find valuable cash back or points with this card. But it’s a great choice for paying off high interest debt with a balance transfer or taking advantage of the long introductory period for new purchases.