dcsimg

Our credit cards articles, reviews and ratings maintain strict editorial integrity and are independent of whether a card is an advertiser (they are neither commissioned by nor reviewed, approved or endorsed by issuers); however we may receive compensation through the issuers' affiliate programs when you click on links to products from our partners and get approved. See details on how we make money here.

Apply online for Simmons Bank Visa® Platinum Rewards
About Our Ratings
Credit Needed
Excellent

Simmons Bank Visa® Platinum Rewards Review

Pros & Cons

  • There’s no balance transfer fee with this card, so it’s a great option to have on hand for larger purchase you can’t pay down right away.
  • There’s no annual fee on this card, so it’s not a bad one to have on hand in case you need to make that balance transfer at some point.

Top Features

Points or Miles
One point per net dollar spent
Bonus Miles or Points
None
Purchase APR
9.50% (Variable)
Annual Fee
None

Full Review

Curtis Arnold Editor-in-chief
The card has an exceptionally low interest rate and no annual fee--a rarity for airline cards. Points can be redeemed for travel on any United States based airline with no blackout dates or seating restrictions. If you don't wish to use the points for flights, you also have the option of redeeming them for hotels, cruises, car rental, restaurants, or full vacation packages. Points are based on 1:1.

This card compared to other travel rewards cards

Points or Miles
One point per net dollar spent
5% Earnings for $5k and 2% after
2X miles on all purchases
Bonus Miles or Points
None
Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days - that's enough to redeem for a $500 travel statement credit
Purchase APR
9.50% (Variable)
13.15% - 23.15% (V) (V)
16.24%, 20.24% or 23.24% Variable 
Annual Fee
None
$0
$89-Waived first year
Rates and Fees
This card is best for consumers with excellent credit who occasionally carry a balance, but still want to earn rewards. This card offers Visa rewards, so it does not have as robust rewards program as most airline cards do.
CardRatings.com Editorial Staff

Simmons Bank Visa® Platinum Rewards details

Balance Transfer Intro APR
9.50% (Variable)
Balance Transfer Intro Period
N/A
Purchase Intro
APR:
None
Purchase APR
9.50% (Variable) 
Annual Fee
None
see more  

Credit Card Rate Information:


 
  Purchase
  Balance Transfer
  Cash Advance
Index:
 Prime
 Prime
 Prime
Margin:
 6
 6
 10
APR:
  9.50% (Variable)
 9.50%
 13.25%
APR Floor:
 N/A
 N/A
 N/A
Intro Rate:
 None
 9.50% (Variable)
 N/A
Intro Period:
 N/A
 N/A
 N/A


Finance Calculation Method:
 Daily Balance
Default/Penalty APR:
 N/A
Default/Penalty Margin:
 0
Default/Penalty APR Floor:
 
Penalty/Default Trigger:
 

Credit Card Fee Information:


Annual Fee:
 None
Foreign Transaction Fee:
 2%
Late Fee:
 $25
(An amount equal to past due payment or $25.00, whichever is less)
Over-the-limit Fee:
 N/A
Balance Transfer Fee:
No balance transfer fee  


Notes:

Rebate Description:
 Earn points for purchases
Special Notes:
 Consumer friendly credit card with a low 9.50% variable standard purchase APR and platinum benefits. No balance transfer fee and no annual fee.
Credit Card More Information:

Card Issued By:
 Simmons Bank
General Correspondence Address:
 PO Box 7836
Card Type:
 Visa
Card Class:
 Platinum
Card Category:
 Travel Rewards, Low Interest
States Available In:
 
Minimum Credit Limit:
 
Maximum Credit Limit:
 N/A
Credit Limit Notes:
 

What Simmons Bank says about this card

  • Created for those with EXCELLENT CREDIT and approval is based on your credit rating and application review.
  • Low 9.50% variable standard purchase APR and platinum benefits
  • No balance transfer fee for balances transferred
  • Travel Rewards -- cardholders who enroll in the program receive one point per net dollar spent. Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions. Other travel related options are hotels, cruises, vacation packages, car rental, and gift cards.
  • No Annual Fee

Credit Card Consumer Reviews:

  1. No reviews available for this card.   Be the first to review!

Write Consumer Reviews:





E-Mail will not be published









Start Here

Search. Compare. Apply.

Apply online for BuyPower Card from Capital One® -Get The Card That Helps You Get The Car

BuyPower Card from Capital One® -Get The Card That Helps You Get The Car

  • 5% Earnings on your first $5,000 in purchases every year. Unlimited 2% Earnings on every purchase after that. Redeem Earnings toward the purchase or lease of a new Chevrolet, Buick, GMC or Cadillac vehicle.
  • No annual fee, no redemption limits, no Earnings expiration, no foreign transaction fees. Save even more when you combine your available Earnings with most current GM offers and incentives.
  • 0% intro APR on purchases for 12 months, then a 13.15% - 23.15% variable APR on purchases will apply
Credit Needed:
Excellent/Good
Apply online for Barclaycard Arrival Plus™ World Elite MasterCard®

Barclaycard Arrival Plus™ World Elite MasterCard®

  • Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days - that's enough to redeem for a $500 travel statement credit
  • Earn 2X miles on all purchases
  • Redeem for travel or cash back statement credits, gift cards and merchandise. Redemption values vary
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Miles don't expire as long as your account is open, active and in good standing
  • No foreign transaction fees on anything you buy while in another country
  • 0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 16.24%, 20.24% or 23.24%, based on your creditworthiness. Please note, there is a fee for balance transfers
Credit Needed:
Excellent/Good