Powered By 
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Although premium/luxury credit cards can provide immense value, they often come with a substantial annual fee and strict credit score requirements. If you’re looking for a card with airport lounge access, automatic gold status with travel programs or generous statement credit offers, chances are you’ll have to pay a premium. And most premium/luxury credit cards require good or excellent credit (scores 670 and above) to qualify. If you meet the credit score requirements and want to open a premium/luxury credit card, you’ll first want to weigh the annual fee against the benefits to ensure you get the most value.
You’re able to get more out of a premium/luxury credit card than any other credit card. With a premium/luxury credit card you can enjoy so many rewards, bonus points on travel, statement credits, hotel perks, high credit limit and the list goes on. A premium/luxury credit card offers unlimited airport lounge visits for the cardholder and up to two additional guests. Eligible travel purchases are reimbursed up to a specific dollar amount each year, such as the first $300 in travel purchases. You will also receive statement credits on eligible restaurants, takeout, and food delivery orders.
Premium/luxury cardholders can be invited to exclusive experiences and partner offers. You can experience credits and complimentary on-site benefits at participating luxury hotels and resorts. These credit cards are more likely to offer 1:1 point transfers to airlines and hotels. A travel redemption bonus may also be available when booking award trips through the credit card travel portal. Not only that, but you will receive complimentary travel coverage such as trip cancellation & interruption and primary rental car coverage. Check out CreditMonarch’s best and most recommended premium/luxury credit cards listed below.
Powered By 16931 NE 6th Ave North Miami Beach, FL 33162 ADVERTISER DISCLOSURE: CreditMonarch has partnered with CardRatings for our coverage of credit card products. CreditMonarch and CardRatings may receive a commission from card issuers.
Leave a Reply