
BancorpSouth Platinum Mastercard®
in Personal Credit Cards from BancorpSouth
Not enough votes for recommendation
Would you recommend BancorpSouth Platinum Mastercard® to your friends?
Purchase APR (Variable APR) | 10.9% - 16.9% |
Balance Transfer APR (Variable APR) | 16.9% - 21% |
Credit Score Range | 600 - 850 |
Annual Fee | $0 |
BancorpSouth Platinum Mastercard® Review
BancorpSouth Platinum Mastercard® is a rewards credit card issued by BancorpSouth. If you're wondering whether BancorpSouth Platinum Mastercard® is the right card for you, read on. This is everything you need to know to make a good choice.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
- Competitive APRs. BancorpSouth Platinum Mastercard® has a variable purchase APR that ranges from 10.9% up to 16.9%.
- No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
- 3% Balance transfer fee. BancorpSouth Platinum Mastercard® charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $10.
- Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
- Multiple credit card benefits. Includes generous credit card perks, such as extended warranty protection on purchases, identity theft protection, price protection, and fraud protection.
- Fair or better credit required. You will have good approval oods if your credit score is above600.
The Good | The Bad |
---|---|
|
|
Is there a BancorpSouth Platinum Mastercard® cash back or rewards program?
BancorpSouth Platinum Mastercard® offers a rewards program to its customers.
Rewards rate (all purchases) | N/A |
Max rewards rate | N/A |
Annual rewards limit | N/A |
Does BancorpSouth Platinum Mastercard® have a signup bonus?
BancorpSouth Platinum Mastercard® doesn't offer a cash signup bonus.Does BancorpSouth Platinum Mastercard® offer an annual loyalty bonus?
BancorpSouth Platinum Mastercard® doesn't offer a cash loyalty bonus.What are the BancorpSouth Platinum Mastercard® benefits?
BancorpSouth Platinum Mastercard® provides the following benefits:
- Extended Warranty Protection
- Zero fraud liability
- Price Protection
- Reports to major credit bureaus
What are the relevant APRs for BancorpSouth Platinum Mastercard®?
According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. BancorpSouth Platinum Mastercard® has lower than average purchase APRs.BancorpSouth Platinum Mastercard® has a variable purchase APR that ranges from 10.9% up to 16.9%. The card has a variable balance transfer APR that ranges from 16.9% up to 21%. It also has a variable cash advance APR that ranges from 16.9% up to 21%. Note that late payments are subject to an APR of 21% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does BancorpSouth Platinum Mastercard® have an introductory APR offer on balance transfers?
No, BancorpSouth Platinum Mastercard® does not come with an introductory APR offer for balance transfers.Does BancorpSouth Platinum Mastercard® have an introductory APR offer on new purchases?
Description | |
---|---|
Introductory Rate | 0% |
Purchase Intro APR Period | 6 months |
This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 6 months.
What are the fees for BancorpSouth Platinum Mastercard®?
The following fees apply to BancorpSouth Platinum Mastercard®:
- There is no overlimit fee
Fees | Amount |
---|---|
Annual Fee | $0 |
Overlimit Fee | $0 |
Foreign Transaction Fee | 2% |
Returned Payment Fee | up to $35 |
Late Payment Fee | up to $35 |
Does BancorpSouth Platinum Mastercard® have a foreign transaction fee?
BancorpSouth Platinum Mastercard® charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.Does BancorpSouth Platinum Mastercard® report your account activity to credit bureaus?
Yes, BancorpSouth Platinum Mastercard® reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for BancorpSouth Platinum Mastercard®
- Visit the BancorpSouth Platinum Mastercard® website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
201 S Spring St
Tupelo, MS 38804 - Visit Site
About BancorpSouth Platinum Mastercard®

Availability
Feature Breakdown
Introductory Rate | 0% |
Purchase Intro APR Period (Variable APR) | 6 months |
Be the first to rate
Would you recommend BancorpSouth Platinum Mastercard® to your friends?
BancorpSouth Personal Credit Cards
- Apple Federal Credit Union Visa Platinum Educator Credit Card
- Associated Credit Union Visa Platinum Preferred Credit Card
- Associated Credit Union of Texas Platinum MasterCard®
- Blackhawk Community Credit Union Visa® Platinum Rewards Credit Card
- Charter Oak Federal Credit Union Visa® Platinum Variable Credit Card
- Citizens National Bank Low Rate Card
- Corning Credit Union Visa Traditional
- Corporate America Family Credit Union Share Secured Visa
- Eastman Credit Union Cash Rewards Visa
- LGE Community Credit Union Visa Platinum
- TD Cash Credit Card
- US Bank Harley-Davidson Visa Signature Card