What are the best luxury credit cards?

The best luxury credit card is Chase Sapphire Reserve because it has an initial bonus worth up to $750 in travel, gives a $300 annual travel credit, and provides a complimentary airport lounge membership worth $399 per year. But luxury comes at a cost, and Chase Sapphire Reserve charges a $450 annual fee.

The most popular luxury credit card on the market is the Amex Platinum card. It offers free membership to 7 major airport lounge networks, a $200 annual airline fee credit, and a $100 annual statement credit for Saks Fifth Avenue purchases. Plus, there’s a 60,000-point initial bonus for spending $5,000 in the first 3 months and 5 points per $1 spent on flights and hotels. The annual fee is $550.

But the most famous of all luxury credit cards is the Centurion Card from American Express. Also known as the “Black Card,” it’s invite only, so not just anyone can apply. Not a ton is known about it other than that. Fortunately, there are plenty of other luxury credit cards to consider, too.

Best luxury credit cards:

1. Amex Centurion Card (“Black Card”)
2. Chase Sapphire Reserve Card
3. Amex Platinum Card
4. U.S. Bank Altitude Reserve Visa Infinite Card
5. Chase Ink Business Preferred Card
6. UBS Visa Infinite Card

When you’re comparing luxury credit cards, the devil is in the details. There are plenty of cards with luxury prices but pedestrian perks. So you need to make sure the rewards and benefits that you get far outweigh the cost.

People who want to get a luxury credit card without shelling out a lot of money should consider the Capital One Venture Rewards card. It offers top-notch travel rewards and only costs $95 per year, after a free first year.