Hancock Whitney Preferred Visa® Platinum Credit Card Review

This is a credit card issued by Hancock Whitney Bank. If you're wondering whether Hancock Whitney Preferred Visa® Platinum Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 7.50 months.
• Competitive APRs. Hancock Whitney Preferred Visa® Platinum Credit Card has a variable purchase APR of 7.50%
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Hancock Whitney Preferred Visa® Platinum Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.

The Good	The Bad
Lower than average purchase APRs. Has an introductory APR rate on balance transfers of 1.90%. 0% APR on new purchases during the first 7.50 months. No annual fee.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Does not report to credit bureaus. Charges a 3% balance transfer fee. Does not include many credit card benefits.

Does Hancock Whitney Preferred Visa® Platinum Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the relevant APRs for Hancock Whitney Preferred Visa® Platinum Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has lower than average regular APRs.

It has a variable purchase APR of 7.50%. The card has a variable balance transfer APR of 7.50% . It also has a variable cash advance APR of 18.00% .

What are the fees for Hancock Whitney Preferred Visa® Platinum Credit Card?

The following fees apply:

Hancock Whitney Preferred Visa® Platinum Credit Card Fees

Fees	Amount
Annual Fee	$0
Returned Payment Fee	$25
Late Payment Fee	$15

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

How to apply for Hancock Whitney Preferred Visa® Platinum Credit Card

• Visit the Hancock Whitney Preferred Visa® Platinum Credit Card 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.