Credit Card Review: Rainbow Platinum Plus® Visa® Card

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Estimate Reward Earnings

Your credit card can do more than just give you financial flexibility. It can offer you great rewards, make a statement about who you are and what you believe in. What's more, it can help further the causes that you care about. The Rainbow Platinum Plus® Visa® Card, issued by FIA Card Services, N.A., is a credit card designed specifically for people who are passionate about supporting gay and lesbian rights. By using this card, you don't just make it clear that you care about gay and lesbian rights&you help further their cause.

Every single time that you make a purchase while using this card, a percentage of the cost will be donated to the non-profit Rainbow Endowment organization, which benefits causes pertaining to the lesbian and gay community. When you use this credit card you can feel good about every purchase that you make, knowing that you're helping to get funding to this honorable organization.

But just because you're benefiting others by using this card doesn't mean that you won't be benefiting as well. This card comes with a great reward program, which allows you to earn one point for every dollar that you spend on general purchases. There is no limit whatsoever on the points that you earn with this card, and with five years before they expire, you will have ample time to take advantage of them on your own schedule. You can redeem your points for anything from air travel to car rentals, hotel stays, merchandise, gift certificate, and more. The choice is yours.

This card offers its users a 0% introductory rate on both balance transfers and cash advance checks for an extended introductory period of twelve months, and has a reasonably low fixed interest rate for purchases. This card has absolutely no annual fee.

In addition to the donation program and all of these other great benefits, this card provides its users with lots of different support services. As a Rainbow Platinum Plus® Visa® Card user, you will receive a personal concierge service, auto rental insurance, and various travel and emergency assistance services. You don't just feel good about using this card you can feel completely secure and taken care of. This credit card lets you earn yourself great rewards for reasonable rates, and donates money to a cause you care about at the same time. What more could you ask for?

(Review Updated: January 13, 2008)

Estimate Reward Earnings

0% Intro APR on Balance Transfers for 12 Billing Cycles
9.99% Regular Fixed APR for Purchases
19.99% Regular Fixed APR for Cash Advances

20 days Grace Period

(* 0% Intro APR on balance transfers and cash advance for your first 12 billing cycles)

Finance Configuration: Average Daily Balance (including new purchases)

Additional Cardholders: $0

Late Payment Fee: $15 on balances up to $100; $29 on balances over $100 up to $250; $39 on balances over $250

Over-The-Limit Fee: $15 on balances up to $500; $29 on balances over $500 up to $1,000; $39 on balances over $1,000

Cash Advance Fee: 3% of each such cash advance (minimum $10)

Balance Transfer Fee: 3% of each transfer (minimum $10)

Minimum Credit Limit: $2,000

Maximum Credit Limit: $100,000

Type of Reward: Point

Points per Dollar: 1.00

Expiration: 5 Years

Yearly Limit: None

Additional Features for Rainbow Platinum Plus® Visa® Card:

Various Internet account related services.
No liability for unauthorized transactions.
Various travel and emergency assistant services.
Auto rental insurance.
Fraud and security protection services.
Access to MyConcierge(SM) service.
Access to electronic bill payment.
Each time the card is used, a donation is made to the Rainbow Endowment to benefit causes relevant to lesbians and gays.
See website for additional benefits.

Important Notes for Rainbow Platinum Plus® Visa® Card:

See website for complete terms and conditions of card usage and application disclosure.

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Notes: The review on Rainbow Platinum Plus® Visa® Card was updated on January 13, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.