Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

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™

Finder rating 2.6 / 5 ★★★★★

Apply now
on Luxury Card's secure site
Read review
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.

Best premium credit card for cash back

Luxury Card Mastercard® Black Card™

Finder rating 3.3 / 5 ★★★★★

Apply now
on Luxury Card's secure site
Read review
The Luxury Card Mastercard® Black Card™ can be a great choice if you want luxury travel and elite Mastercard benefits like invitation-only experiences.

Best premium credit card for international travel

Chase Sapphire Reserve®

Finder rating 4.6 / 5 ★★★★★

See offer
on Creditcards.com's secure site
Terms apply, see rates & fees
Read review
The Chase Sapphire Reserve® could be a great premium card if you frequently travel worldwide and dine out at restaurants.

Best premium credit card for the ultimate luxury travel

Luxury Card Mastercard® Gold Card™

Finder rating 3.3 / 5 ★★★★★

Apply now
on Luxury Card's secure site
Read review
If you want to travel in style and luxury, the Luxury Card Mastercard® Gold Card™ could be the right choice.

Best value premium credit card

United Club℠ Infinite Card

See offer
on Creditcards.com's secure site
Terms apply, see rates & fees
Read review
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.

Best premium credit card for hotels and airlines

The Platinum Card® from American Express

Finder rating 4.4 / 5 ★★★★★

Read Review
Terms apply, see rates & fees
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.

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.

1 - 3 of 4
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.
Chase Sapphire Reserve®
Earn 60,000 points after spending $4,000 in the first 3 months, from account opening. That's $900 toward travel when you redeem through Chase Ultimate 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
$550
Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example 60,000 points are worth $900 toward travel
Luxury Card Mastercard® Titanium Card™
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1% for cash back
$195
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
loading

Compare up to 4 providers

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.

Frequently asked questions

Which material is used to make the premium credit cards?
All premium credit cards are made out of metal, mostly stainless steel. Only the Luxury Card Mastercard® Gold Card™ is plated with 24-karat gold.

Do premium credit cards have foreign transaction fees?
Most premium credit cards have no foreign transaction fees.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site