Platinum Reserve Card

[DeKa]

I've received an offer to apply for this card (as a Platinum Card holder).

"<name>, get payment flexibility, with no annual Card fee on the Platinum Reserve Credit Card"

I don't actually understand what value this card provides. Everything seems to be the same, except it's a credit card not a charge card. To those who do have it, how do you use the Platinum Reserve Credit Card vs the Platinum Card?

 

[asterix]

I've received an offer to apply for this card (as a Platinum Card holder).

"<name>, get payment flexibility, with no annual Card fee on the Platinum Reserve Credit Card"

I don't actually understand what value this card provides. Everything seems to be the same, except it's a credit card not a charge card. To those who do have it, how do you use the Platinum Reserve Credit Card vs the Platinum Card?

The interest free period is longer on the Reserve than the Platinum Charge. Most of my spend goes on the Reserve as a result.

 

[mikedesign]

To those who do have it, how do you use the Platinum Reserve Credit Card vs the Platinum Card?

The only reason I signed up for the Reserve was the $400 travel credit, which is no longer offered for new cards. Otherwise the only time I use it is for offers, sometimes they differ from the Plat card.

 

[knagelli]

As mentioned by @mikedesign , the only reason I have the reserve card is for the travel credit and the occasional cashback offers. It's pretty much unused for most part of the transactions.

 

[andye]

My main reason for keeping is the grandfathered travel credit.
Very occasionally a fantastic statement credit offer come along. It can be useful to have multiple cards in those circumstances.
Taking up the card does affect your credit score a little bit though (I carry the lowest possible balance)

 

[Mur@no70]

so because you have to apply they ping your credit file?

 

[andye]

so because you have to apply they ping your credit file?

I'm not sure but it does add to your total credit limit at least