Hancock Whitney Visa® Platinum Credit Card

Hancock Whitney Visa® Platinum Credit Card Review

This is a cashback card issued by Hancock Whitney Bank. If you're wondering whether Hancock Whitney Visa® Platinum Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 7 months.
• Competitive APRs. Hancock Whitney Visa® Platinum Credit Card has a variable purchase APR that ranges from 12.99% up to 17.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Hancock Whitney 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Hancock Whitney Visa® Platinum Credit Card

The Good

The Bad

Potentially 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 months. There is then a variable purchase APR that ranges from 12.99% up to 17.99%. No annual fee. Considers applicants with fair credit. Cardholders can earn rewards on their purchases. Hancock Whitney Visa® Platinum Credit Card reports to multiple credit bureaus.

Does not offer a signup bonus. Rewards bonus rate of only 1% on most everyday purchases. Terms apply*. You don't earn rewards on every purchase. Charges a 3% balance transfer fee. Does not include many credit card benefits.

Hancock Whitney Visa® Platinum Credit Card FAQ

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

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

Hancock Whitney Visa® Platinum Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	1x
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Hancock Whitney Visa® Platinum Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Hancock Whitney 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. This card has lower than average regular APRs.

Hancock Whitney Visa® Platinum Credit Card has a variable purchase APR that ranges from 12.99% up to 17.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 17.99%. It also has a variable cash advance APR of 24.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

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

The following fees apply:

Hancock Whitney Visa® Platinum Credit Card Fees

Fees	Amount
Annual Fee	$0.00
Returned Payment Fee	$25
Late Payment Fee	$25

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

Does Hancock Whitney Visa® Platinum Credit Card report your account activity to credit bureaus?

Yes, Hancock Whitney Visa® Platinum Credit Card 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 Hancock Whitney Visa® Platinum Credit Card

• Visit the Hancock Whitney 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.