Premium credit cards typically have the highest value when used on travel and luxury related purchases, such as flights, hotel stays, dining and gas purchases. You can earn accelerated points with these types of cards and use their many perks, like annual travel credits, concierge services, complimentary lounge access and much more. While these cards can help you travel and dine in style, you’ll have to be prepared to pay a high annual fee.
*Disclaimer: How we chose the best premium cards
We’ve chosen the cards on this page based on the providers available through Finder. These cards are not representative of the entire market. Our top premium cards offer a high value of rewards or cash back, exclusive perks such as discounted luxury accommodation and concierge services, and a signup bonus. We’ve also considered annual fees and balance transfer fees.
No single premium card will be the best choice for everyone, so compare your options before picking your new card.
Best premium credit cards
The Platinum Card from American Express is an engraved metal charge card with a hefty annual fee of $699 – but the benefits can far
outweigh the costs. Note that this is a charge card, not a regular credit card, so you must pay off the balance in full every month or a 30% interest rate will apply.Receive a $200 Annual Travel Credit that can be used towards any single travel booking of $200 or more charged through American Express Travel Online or through the Platinum Card Travel Service. Take advantage of the American Express Global Lounge Collection™ which unlocks access to over 1,200 airport lounges worldwide. This includes The Centurion Lounge network, Plaza Premium Lounges and hundreds of other domestic and international lounges.
Plus, get complimentary hotel benefits averaging US$550 (based on a 2-night stay) including late check-out and daily breakfast for two.
Please note: All information about TD Aeroplan Visa Infinite Privilege Card has been collected independently by Finder and this card is not available through this site.
The TD Aeroplan Visa Infinite Privilege Card comes with a pricey annual fee of $599, but its premium features make it a powerful travel companion.
Enjoy complimentary 24/7 concierge services, priority check-in and boarding, one free first checked bag, access to over 850 airport lounges worldwide with a free Priority Pass Membership, 50% off a companion ticket once a year when you book 2 Air Canada eligible Business Class (Flexible) fares, parking discounts, access to Security Fast Track Lanes and more. Earn 2 points per dollar on Air Canada purchases plus 1.5 points per dollar on gas, groceries, travel, and dining. Plus, your points never expire as long as you’re a TD Aeroplan credit card holder.
Earn 4% cash back for every $1 spent on eligible grocery purchases & recurring bill payments, 2% per $1 spent on eligible gas purchases & public transit, and 1% per $1 spent on all other eligible purchases.With this card, you’ll get access to a comprehensive suite of travel insurance coverage. In addition, the annual fee is waived in the first year – a value of $120.
With a fresh new look, the Scotiabank Gold American Express Card is a powerful everyday credit card as well as a strong travel companion. Book flights through Scotiabank's full-service travel agency, enjoy 24/7 concierge service, get access to over 1,200 airport lounges around the world and enjoy exclusive Amex benefits. Enjoy peace of mind with a broad array of travel insurance options including Emergency Medical (up to $1,000,000), Travel Accident, Trip Cancellation and Interruption, Flight Delay, Delayed or Lost Baggage and Rental Car Collision Loss/Damage.
For a card with a $0 annual fee, the Scotiabank American Express Card offers great value like the opportunity to earn points that can be redeemed for thousands of rewards through the Scotia Rewards Program. Earn 1 Scotia Rewards point for every $1 spent on eligible purchases.
Most items purchased with this card are eligible for Price Protection as well as Purchase Security and Extended Warranty Protection.
Cardholders also get travel perks. Redeem Scotia Rewards points for travel anytime with no travel restrictions. Use Scotiabank's full-service travel agency to book your next flight, and get a Best Price Guarantee on airfare. Enjoy peace of mind with complimentary travel insurance coverage for emergency medical situations, travel accidents, trip interruptions and rental car collision loss/damage.
The BMO AIR MILES World Elite Mastercard lets you earn accelerated AIR MILES that can be redeemed for travel perks and merchandise. Get 1 AIR MILE for every $10 spent on eligible purchases. To sweeten the deal, the card comes with an enticing signup bonus. Earn a bonus of up to 2,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived in the first year.
Cardholders also get a range of complimentary travel benefits including travel insurance coverage. Get a 15% discount on all AIR MILES flights in North America with no blackout periods. Enjoy a free membership in Mastercard Airport Experiences provided by LoungeKey with exclusive VIP access, plus get two annual complimentary passes. Cardholders can also access free Trip Assistance Services for travel-related information and advice.
To choose the best premium credit card, ask yourself:
Back to top
- Would you rather earn cash back, points or miles? Compare the value of cash back, points and miles to determine which will give you more bang for your buck. Also, consider what you will use more of. If you’re not a big traveller, avoid earning miles and instead consider cash back.
- Do you want to earn accelerated points? Accelerated points usually come with more expensive credit cards and may limit you to specific spend categories. If you spend a lot on travel, gas or groceries, try to find a card that offers accelerated rewards in the categories you spend most in.
- Do you want to do a balance transfer? Balance transfer offers vary greatly, from 0% offers to low interest rates, offers lasting for six months and offers lasting up to ten months. Consider how much debt you have and how much you’re looking to transfer.
- Do you want the ultimate credit card? If you’re willing to pay for it, one of the top credit cards on the market is the The Platinum Card from American Express. For an annual fee of $699, this card gives you the ultimate in luxury travel benefits.
Compare concierge credit cards
If you’ve got a very good credit score and you’re willing to pay a high annual fee, you might qualify for a premium credit card. These types of cards typically come with an annual airline credit, accelerated points on travel purchases, complimentary airport lounge access, concierge services, shopping benefits and more.
However, if you believe there could be a better credit card for you, compare other travel credit cards or rewards cards until you find the perfect match for your spending habits and financial needs.Back to top