SouthPoint Bank Cash Rewards Platinum Card

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166

SouthPoint Bank Cash Rewards Platinum Card

0.00
6.6

Annual Fee

10.0/10

Promotions

5.0/10

Services

5.5/10

Travel

6.0/10

Insurance

5.5/10

Rewards

5.0/10

Security

8.5/10

APR (Interest Rate)

5.4/10

Customer Support

8.5/10

Pros

  • 0% APR for 12 months on purchases and balance transfers.
  • Cash Advance Fee and Balance Transfer Fee is Good.
  • We are against foreign transaction fees, however 1% rate is good enough..
  • There is no annual fee for the card
  • It can be an option for you if you are looking for a credit card with 0% APR for 12 months and low fees.

Cons

  • APR (balance transfer and purchases) can be high if your creditworthiness is not good enough.
  • Minimum APR for purchases and balance transfers is at fair rate.
  • Cash Advance APR is high.
  • 1% cashback rate is not good.
  • Not very good if you are looking for a cash back card.

Review

SouthPoint Bank Cash Rewards Platinum Card is a cashback card with 1% rate for your purchases. If you would like to check rewards version of this card, you can see our SouthPoint Bank Rewards Platinum Card review in Credit Cards Center. The card is low fees for Balance Transfers, Cash advances and Foreign Transactions. However cash back rate is low and it is below average. There is 0% APR for first 12 months on purchases and Balance Transfer APR.

Cash Advance APR is high while there is very limited cash back rates, we believe it should be at lower rates.

Rates & Fees

Interest Rate (APR) Rewards ($1) Annual Fee FTF(*) Late Payment Fee Cash Advance Fee Cash Advance APR Balance Transfer Fee Balance Transfer APR
0% for 12 months

Regular:

14.99% – 24.99%

%1 Cash Back None 1% $38 $5 or 3% 23.99% – 26.99% $5 or 3% 0% APR for first 12 months.

Regular:

14.99% – 24.99%

FTF: Foreign Transaction Fee

Editor Scores

Type of Card Editor Score Overall Score Total Cards
General 200 200 100
Zero Interest 180 180 43
Balance Transfer 230 226 50
Rewards 166 189 64
No Annual 165 166 60
Cash Back 104 123 26

You can read some users reviews of SouthPoint Bank Cash Rewards Platinum Card below.

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