Which material is used to make premium credit cards?

Most premium credit cards in Canada are made from plastic, but you can find some premium cards that are made out of metal, such as the The Platinum Card from American Express.

Can you get a premium credit card with bad credit?

No. Premium credit cards require good to excellent credit scores. If you have bad credit, check out our guide to credit cards for poor credit.

What is the hardest credit card to get in Canada?

The hardest credit card to get and the most exclusive credit card in Canada is the Centurion Card® from American Express, otherwise known as the Amex Black Card, which is reportedly reserved for those who spend and pay off hundreds of thousands of dollars a year (the exact threshold is not confirmed) and are willing to pay a one-time initiation fee of $10,000 USD.

What credit score do I need for a premium credit card?

Many luxury credit cards in Canada require at least a very good credit score to be approved, which usually means having a high income and a minimum credit score of 725. That said, you may be able to apply for a premium credit card with a good score of around 660 or higher.

What is the highest credit card score in Canada?

In Canada, the highest credit score is 900 and the lowest credit score is 300. This is true for scores issued by both of Canada's main credit bureaus, Equifax and TransUnion. To qualify for the most prestigious credit cards, you'll likely need a very good (725-759) or excellent (760-900) credit score. It may be possible to get approved for some premium cards with a less-than-excellent credit score if your income and monthly spending are very high.