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Best premium credit card

Travel in style with premium perks and features.

To get the most out of your premium credit card, consider using it for travel. Not only can it help you earn accelerated points on purchases, but it can offer many perks such as annual travel credit, a dedicated concierge service, complimentary lounge access and more. Just be ready to pay a high annual fee.

When making our selection for the best premium credit cards, we looked at a variety of factors a consumer might consider. Some of these factors included the types of reward programs, cash back or points per dollar spent, travel or bonus statement credits, annual fee, welcome offer value, balance transfer fees and other luxurious perks found in a premium credit card.

What are the best premium credit cards?

Best premium credit card for balance transfers
Luxury Card Mastercard® Titanium Card™

Luxury Card Mastercard® Titanium Card™ logo
Finder Rating: 2.6 / 5

★★★★★

Credit recommended (670-850)
Apply now
on Luxury Card's secure site
670
Min. credit score
$195
Annual fee
15 billing cycles
0% intro transfer APR
Up to 1x
Points
If you're looking for a premium travel credit card with an intro APR period on balance transfers, the Luxury Card Mastercard® Titanium Card™ could be a good choice.
  • Intro APR period on balance transfers. Enjoy a 0% intro APR period of 15 billing cycles following each balance transfer that posts to your account within the first 45 days. Once the intro period passes, your rate reverts to a variable APR of 14.99%.
  • Luxury Card Travel. Get a value of up to $500 per stay at over 3,000 properties worldwide. This includes room upgrades, complimentary food and beverage, spa treatments and more.
  • Mastercard Titanium benefits. You'll enjoy baggage delay insurance, ID theft protection, zero fraud liability protection, price protection and purchase assurance.
Annual fee $195
Purchase APR 14.99% variable
Balance transfer APR 0% intro for the first 15 billing cycles (then 14.99% variable)
Balance transfer fee $5 or 3% of the transaction, whichever is greater
Rewards 1x points on all purchases with 2% point value when you redeem for airfare and 1% for cash back

Best premium credit card for cash back
Luxury Card Mastercard® Black Card™

Luxury Card Mastercard® Black Card™ logo
Finder Rating: 3.3 / 5

★★★★★

Credit recommended (670-850)
Apply now
on Luxury Card's secure site
670
Min. credit score
$495
Annual fee
Up to 1x
Points
n/a
Welcome offer
The Luxury Card Mastercard® Black Card™ can be a great choice if you want luxury travel and elite Mastercard benefits like invitation-only experiences.
  • Reward points. You earn 1 point per dollar spent with this card. This equals 1.5 cents when redeemed for cash and 2 cents when redeemed for airline tickets.
  • Mastercard Black benefits. You get an annual $100 airline credit for airline tickets, baggage fees, upgrades and more. You also get $100 Global Entry or TSA PreCheck application credit. Enjoy even more comfort with Priority Pass and receive complimentary access to more than 1,000 lounges worldwide.
  • Mastercard Priceless. Enjoy unique excursions and access to exclusive events.
Annual Fee $495
Purchase APR 14.99% variable
Balance transfer APR 0% intro for the first 15 billing cycles (then 14.99% variable)
Welcome offer N/A
Estimated welcome offer value
Rewards 1x points on all purchases with 2% point value when you redeem for airfare and 1.5% for cash back

Best premium credit card for international travel
Chase Sapphire Reserve®

Chase Sapphire Reserve® logo
Finder Rating: 4.6 / 5

★★★★★

Credit recommended (740-850)
See offer
on Creditcards.com's secure site
Rates & fees

740
Min. credit score
$550
Annual fee
Up to 10x
Points
50,000
Points welcome offer
The Chase Sapphire Reserve® could be a great premium card if you frequently travel worldwide and dine out at restaurants.
  • Reward points. Earn 5x points on flights and 10x points on hotels and car rentals through Chase Ultimate Rewards. On all other travel, you'll earn 3x points. All travel purchases start earning points once you've spent your first $300 on travel purchases each year to earn your $300 annual travel credit. Beyond travel, you'll earn 10x points on Lyft rides until March 2022, 10x points on Chase Dining through Ultimate Rewards and 3x points on other dining worldwide. Everything else you buy earns 1x points. Redeem your points through Chase Ultimate Rewards and get 50% higher value for your points.
  • Signup bonus. Spend $4,000 within 3 months of your account opening and earn 50,000 bonus points. This is worth $750 when redeemed through Chase Ultimate Rewards.
  • Lounge access. Get complimentary access to more than 1,000 VIP lounges worldwide after a one-time enrollment in Priority Pass.
Annual Fee $550
Purchase APR 16.99% to 23.99% variable
Balance transfer APR 16.99% to 23.99% variable
Welcome offer 50,000 points after spending $4,000 in the first 3 months, a value of up to $750 through Chase Ultimate Rewards.
Estimated welcome offer value $750 based on Finder's valuation
Rewards 5x points on flights and 10x points on hotels and car rentals through Chase Ultimate Rewards, 3x points on other travel after earning your $300 travel credit, 10x points on Lyft rides, 10x points on Chase Dining through Ultimate Rewards, 3x points on other dining and 1x points on all other purchases

Best premium credit card for the ultimate luxury travel
Luxury Card Mastercard® Gold Card™

Luxury Card Mastercard® Gold Card™ logo
Finder Rating: 3.3 / 5

★★★★★

Credit recommended (670-850)
Apply now
on Luxury Card's secure site
670
Min. credit score
$995
Annual fee
Up to 1x
Points
n/a
Welcome offer
If you want to travel in style and luxury, the Luxury Card Mastercard® Gold Card™ could be the right choice.
  • Luxury Card Travel. Get up to $500 value per stay for room upgrades, complimentary food and beverage, spa credits and more at over 3,000 properties across the world.
  • Reward points. Earn 1x points on all of your purchases. When redeeming for cash or airfare, each point is worth 2 cents.
  • Travel credits. Get $200 airline fee credit every year to use for airline tickets, baggage fees, seat upgrades and more. And get up to $100 statement credit for your Global Entry or TSA PreCheck application fee.
  • Lounge access. Enjoy complimentary lounge access with Priority Pass Select.
Annual Fee $995
Purchase APR 14.99% variable
Balance transfer APR 0% intro for the first 15 billing cycles (then 14.99% variable)
Welcome offer N/A
Estimated welcome offer value
Rewards 1x points on all purchases with 2% point value when you redeem for airfare or cash back

Best value premium credit card
United Club℠ Infinite Card

United Club℠ Infinite Card logo
Credit recommended (740-850)
See offer
on Creditcards.com's secure site
Rates & fees

740
Min. credit score
$525
Annual fee
Up to 4x
Miles
75,000
Miles welcome offer
The United Club℠ Infinite Card offers the best value for your money because you get to enjoy premium perks that more than make up for the annual fee.
  • Signup bonus. Enjoy 75,000 miles after you spend $3,000 on purchases in the first 3 months of opening your account.
  • United miles. Earn 4x miles on United purchases, 2x miles on dining at restaurants and travel purchases, and 1x miles on everything else you buy.
  • United Club membership. Get United Club membership each year worth $650. This perk alone offsets the card's annual fee.
Annual Fee $525
Purchase APR 16.49% to 23.49% variable
Balance transfer APR 16.49% to 23.49% variable
Welcome offer 75,000 miles after you spend $3,000 in the first 3 months
Estimated welcome offer value $975 based on Finder's valuation
Rewards 4x miles on United purchases, 2x miles on travel and dining and 1x miles on all other purchases

Best premium credit card for hotels and airlines
The Platinum Card® from American Express

The Platinum Card® from American Express logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Apply now
on American Express's secure site
Rates & fees

670
Min. credit score
$695
Annual fee
Up to 10x
Points
100,000
Points welcome offer
If you want to earn accelerated points on your hotel stays and airline tickets, The Platinum Card® from American Express could be your best choice.
  • Membership Rewards points. Earn 5x points on flights purchased directly with an airline or through Amex Travel on up to $500,000 annually, reverting to 1x points after that. Also, earn 5x points on prepaid hotels booked through Amex Travel. All other purchases earn 1x points.
  • Hotel benefits. Get a $200 hotel credit every year to use on prepaid Fine Hotels + Resorts or The Hotel Collection bookings with American Express Travel.
  • Welcome offer. Earn 100,000 membership reward points once you spend $6,000 in your first 6 months of card membership. Plus, earn 10x points at restaurants worldwide and Shop Small purchases in the U.S. on up to $25,000 in combined purchases for the first 6 months. That's up to $7,000 in redemption value if you earn the whole welcome offer, according to our valuation.
  • Lounge access. Enjoy access to more than 1,300 airport lounges worldwide.
Annual Fee $695
Purchase APR See Pay Over Time APR
Balance transfer APR N/A
Welcome offer 100,000 points after spending $6,000 in your first 6 months, plus 10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 in combined eligible purchases in the same timeframe
Estimated welcome offer value $7,000 based on Finder's valuation
Rewards 10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 combined in the first 6 months, 5x points on prepaid hotels booked with American Express Travel, 5x points on directly-booked flights on up to $500,000 annually, then 1x points after that and on other eligible purchases
Terms apply to American Express benefits and offers.

Advantages and drawbacks of premium credit cards

Pros

  • Better earn rates. Most premium credit cards have high earn rates because they award points based on how frequently you make trips or spend using your credit card.
  • Promotional offers. Many card providers offer premium credit cards to attract new customers with signup bonus points and additional perks which will increase your total rewards from the get-go.
  • Various reward options. Points accumulated from premium credit cards can be redeemed in a variety of ways, including airfare, airline class upgrade, goods and services, cash and more.
  • Added benefits. Premium credit cards with high income requirements are generally platinum or black cards, and this means they come with premium benefits such as complimentary insurance policies, discounts on services, airport lounge passes, dedicated concierge and more.

Cons

  • High annual fee. Generally, premium credit cards tend to have relatively high annual fees. This means you have to spend more on using the credit card to offset the annual fee with the value of your redeemed points. But using this type of card usually offers additional benefits that can outweigh the cost.
  • High interest rates. Many premium cards come with a high interest rate compared to regular cards. Make sure you pay your balance on time to avoid the high interest rates.
  • No intro APR period It’s rare to find a premium credit card that offers intro APR period on purchases and balance transfers. At the time of writing, the Luxury Card Mastercard® Titanium Card™ is the only premium card that offers an intro APR period on balance transfers.
  • Exclusive. As suggested by the name, premium credit cards are only available to high-income earners, restricting the number of cardholders who can take advantage of their benefits.

How to choose top premium credit cards

To choose the best premium credit card, ask yourself:

  • Do you want to earn accelerated points on hotel stays? The Platinum Card® from American Express gives you 5X points on prepaid hotels booked through Amex Travel, which is a high rewards rate for hotel stays.
  • Do you want to earn accelerated points on dining? With the Chase Sapphire Reserve® you earn up to 4.5% in redemption value on dining and travel purchases worldwide.
  • Do you want to make balance transfers? Premium credit cards rarely let you transfer your balance interest-free for a limited amount of time, but all three Luxury Mastercard credit cards offer just that.
  • Do you want the ultimate credit card? With the gold-plated Luxury Card Mastercard® Gold Card™ you get access to invite-only events, chauffeur transportations, yacht or private jet services and more.

Should I get a premium credit card?

If you’re looking for top class perks and benefits, a premium credit card will be up your alley. The main thing to watch for is the annual fee. You should only pick up a premium card if you can use enough of the card’s perks to offset the cost of the annual fee. Otherwise, you’re likely better off with a standard rewards card.

Compare premium credit cards

Want a look at how these luxury cards stack up to one another? Use the table below to compare them side-by-side.

Name Product Welcome Offer Rewards Annual fee Filter values
Luxury Card Mastercard® Black Card™
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1.5% for cash back
$495
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
American Express® Gold Card
60,000 points after spending $4,000 in the first 6 months
4x at restaurants including delivery and Uber Eats; 4x at US supermarkets on up to $25,000 annually (then 1x points), 3x points on directly-booked flights and 1x points on other eligible purchases
$250

Rose Gold is Back

Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 based on our valuation with this upper-mid tier travel card. Terms apply, see rates & fees
The Platinum Card® from American Express
100,000 points after spending $6,000 in your first 6 months, plus 10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 in combined eligible purchases in the same timeframe
10x points at restaurants worldwide and when you Shop Small in the US on up to $25,000 combined in the first 6 months, 5x points on prepaid hotels booked with American Express Travel, 5x points on directly-booked flights on up to $500,000 annually, then 1x points after that and on other eligible purchases
$695

New Platinum Exclusive Offer

One of the most valuable premium travel cards, featuring two welcome offers worth up to $7,000 based on Finder's valuation, multiple travel credits and unrivaled lounge access. Terms apply, see rates & fees
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Bottom line

If you’re willing to pay a high annual fee, you can get the best premium cards. These usually come with an annual airline credit, Global Entry or TSA PreCheck credit, accelerated points on travel purchases, complimentary lounge access and more.

However, if you believe there could be a better credit card for you, compare other travel credit cards until you find the perfect match for your needs.

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