U.S. Bank Visa Platinum Card Review: 0% Intro APR for 18 Billing Cycles + $600 Cell Phone Protection

The U.S. Bank Visa Platinum Card has been updated with a long 0% Intro APR offer and up to $600 of cell phone protection. Here are the highlights:

• 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 18.99% – 28.99%.
• Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your U.S.Bank Visa(R) Platinum Credit Card. Certain terms, conditions, and exclusions apply.
• Choose a payment due date that fits your schedule
• Terms and conditions apply.
• No annual fee.

Cell Phone Protection details.

You are eligible for Cellular Telephone Protection if you pay your wireless phone bill with a covered U.S. Bank Visa® Platinum Card. Coverage begins the first day of the calendar month after you make a payment. There’s no need to enroll in this benefit. Then if your cell phone is stolen or damaged, you may be eligible for reimbursement up to $600. A $25 deductible applies.

Cellular Telephone Protection provides coverage against damage due to, theft of, or involuntary and accidental parting of Your cell phone. Subject to full Terms and Conditions. Lost phones, rented phones, and prepaid phones are not covered.

Claim process: Go to www.cardbenefitservices.com or call to talk to a Benefit Administrator at 1-866-894-8569 to file a claim or get your questions answered. If you are outside the U.S., you can call collect: 1-303-967-1096.

Bottom line. The U.S. Bank Visa Platinum Card has been updated with a long 0% Intro APR offer and includes up to $600 of cell phone protection if you pay your wireless phone bill with the card. This may be of interest if you are still carrying a balance elsewhere at a higher interest rate. Of course, I encourage paying off credit card balances aggressively as that is often the first step towards financial independence.