Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Find a luxury credit card that fits your lifestyle

Claim a status symbol while earning rewards and enjoying premium perks.

Updated . What changed?

Fact checked

Our pick for a luxury credit card: Chase Sapphire Reserve®

Chase Sapphire Reserve® logo

50,000-point

Signup bonus after spending $4,000 in first 3 months

  • Not just for travel: Get DoorDash perks,10x points on Lyft and 3x on dining
  • Signup bonus worth $750 with Chase Ultimate Rewards
  • $300 annual travel credit
Apply now
Flash a luxury card and it can draw the attention of a room. Besides the status, luxury cards can offer first-class travel perks for regular jet-setters along with top-of-the-line reward opportunities. Here’s a look at just what these cards bring to the table and whether they’re worth the cost.

Luxury card comparison

There are a lot of luxury credit card options, but most are cobranded airline or hotel credit cards. If you’re looking for a reward redemption freedom, these are the top luxury cards to consider:

  • The Platinum Card® from American Express
  • Luxury Card Mastercard® Gold Card™
  • Chase Sapphire Reserve®
  • Citi Prestige® Credit Card
  • U.S. Bank Altitude Reserve Visa Infinite® Card
The Platinum Card® from American Express Luxury Card Mastercard® Gold Card™ Chase Sapphire Reserve® Citi Prestige® Credit Card U.S. Bank Altitude Reserve Visa Infinite® Card
Annual fee
$550 (see rates & fees)
$995
$550
$495
$400
Welcome offer
check mark icon
x
check mark icon
check mark icon
check mark icon
Reward program
check mark icon
check mark icon
check mark icon
check mark icon
check mark icon
Airline credit
check mark icon
check mark icon
check mark icon
check mark icon
check mark icon
Intro APR period on balance transfers
x
check mark icon
x
x
x
Can carry your balance
x
check mark icon
check mark icon
check mark icon
check mark icon
Global Entry or TSA PreCheck fee credit
check mark icon
check mark icon
check mark icon
check mark icon
check mark icon
Uber credits
check mark icon
x
x
x
x

What are luxury credit cards?

Luxury credit cards offer perks above and beyond standard credit cards at the cost of high annual fees and demanding membership requirements. Benefits range from access to exclusive airport lounges and travel rebates, to rewards rates that outpace standard cards.

Compare luxury credit cards

Name Product Welcome offer Rewards Annual fee Filter values
American Express® Gold Card
60,000 points after spending $4,000 in the first 3 months
3x points on directly-booked flights; 4x at restaurants; 4x at US supermarkets on up to $25,000 annually (then 1x points)
$250
Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 with this upper-mid tier travel card. Rates & fees
Marriott Bonvoy Brilliant™ American Express® Card
100,000 points after spending $5,000 in the first 3 months, plus earn 25,000 after the first anniversary of card membership (offer expires 1/13/2021)
6x points at Marriott Bonvoy hotels, 3x at US restaurants and on flights booked directly with airlines and 2x for all other purchases
$450
Earn 100,000 bonus points when you spend $5,000 or more within your first 3 months, plus earn 25,000 after the first anniversary of card membership (offer expires 1/13/2021). Rates & fees
Chase Sapphire Reserve®
50,000 points after spending $4,000 in the first 3 months
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
$550
Get a generous $300 in annual travel credits, 3x points on travel and dining, and a 50% bonus on point redemptions with Chase's premier card.
CardMatch™ from creditcards.com
See terms
See terms
See terms
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
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

Are luxury credit cards worth the cost?

Whether a luxury credit card is worth its yearly price tag depends on how you want to use it. The high costs associated with owning a luxury card can be a tough pill to swallow, especially since annual fees can be hundreds or even thousands of dollars. These fees can be made up in some cases, but only by taking full advantage of its premium perks.

Typical luxury credit card features

Many luxury credit cards share standard features, often with leveled-up benefits:

  • Signup bonus. Many luxury cards offer especially large signup bonuses, a perk often tied to the price of a card’s annual fee.
  • Rewards structures. Eligible purchases with a luxury credit card can earn as high as 5x reward points.
  • Annual credits. Luxury cards are leaders in the field when it comes to annual credits, often offering hundreds of dollars in credit each year for travel and other expenses.
  • Travel benefits. Unlimited complimentary access to airport lounges, car rental insurance and roadside assistance are all standard perks with luxury cards.
  • Time-saving features. Concierge services and global luggage delivery services are just a couple of the time-saving benefits some luxury cards carry.
  • Chauffeured transportation. Several luxury cards offer access to chauffeur services. While you’ll need to pay out of pocket, many cards offer discounts on the service as well.

Compare premium credit cards

How to make a luxury credit card pay off

There’s only one way to make a luxury card pay off: use enough of the card’s perks to overcome the card’s large annual fee. No matter how much you enjoy using the card, if you’re not creating enough value through perks to meet or exceed the card’s annual fee then you’re needlessly spending money.

To do this, you’re going to want to look at the entirety of your card’s features. The best way to do this is to sign in to your card account page and find the section on card benefits.
Sapphire reserve benefits

Example of perks needed to cover annual fee

Card perk Monetary value Card annual fee
Annual travel statement credit $200
Annual Uber statement credit Up to $200
Centurion Lounge access $50 each stay
Saks Fifth Avenue statement credit Up to $100
Total $550 $550

Looking at the The Platinum Card® from American Express as an example, you’d need to get more than $550 in value through card perks to make using this card worth it each year. Looking at the card benefits, we can see the Amex Platinum offers a $200 travel credit, as well as a $200 Uber credit. If you travel frequently, you should have no trouble earning what amounts to $400 each year without much effort.

From there, you’d just have to create an additional $150 in value. Your remaining options include a few stays at the Centurion Lounge (valued at $50 per stay), using your $100 credit at Saks Fifth Avenue, or claiming your complimentary benefits at eligible Fine Resorts and Hotels (valued at up to $550) annually. If you don’t travel frequently, then this particular luxury card likely isn’t the right pick for you.

Clearly, luxury cards spare no expense when it comes to perks – this isn’t even counting the base reward rate of using the card on travel purchases. But to make using any luxury card worth it, you have to remember to leverage those features.

Here’s a brief comparison of a few luxury cards and what perks you’d have to use to make them worth the spot in your wallet.

A brief luxury credit card comparison

Credit Card Annual Fee What you need to spend to pay for the card
The Platinum Card® from American Express $550
  • Use your $200 airline fee credit
  • Use your $200 in Uber credits
  • Take advantage of any of your Fine Hotels & Resorts benefits including a minimum $100 special-amenities credit
Chase Sapphire Reserve® $550
  • Use your $300 annual travel credit
  • Use your $100 Global Entry or TSA PreCheck fee credit once every four years
  • Relax at an eligible airport lounge at least once, worth $50
Luxury Card Mastercard® Gold Card™ $995
  • Use your $200 annual airline credit toward flight-related purchases
  • Use your one-time $100 Global Entry fee credit
  • Regularly take advantage of your airport lounge access
  • Redeem 2x points you spend on airfare

How do I get a luxury credit card?

Applying for a luxury credit card is the same as applying for any other type of credit card, though with stricter requirements. You can submit your application online or over the phone. It may also take longer to be approved for a luxury credit card, since most approval processes aren’t automated.

Do I qualify for a luxury card?

Most luxury cards require you have a history of excellent credit for consideration.

Exceptions to the rule

Some cards take luxury to the next level. Invite-only credit cards not only sport great luxury benefits, but enormous credit limits. Examples include the Centurion® Card from American Express and the JP Morgan Reserve Card.

Bottom line

With great credit and confidence in your spending habits, the right luxury credit card can offer you benefits that far outpace the hefty annual fee. Take a more in-depth look at these luxury cards to find the one that’s perfect for you.

For less expensive cards, you can check out more cards with travel benefits.

Frequently asked questions

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