BEST OF

Best Premium Credit Cards of February 2021

NerdWalletJanuary 14, 2021
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

Premium credit cards come with outsized perks. Travel credits, high rewards rates on spending and rich redemption options are just a few of the benefits premium cardholders can expect.

Not everyone will qualify for premium cards. They are typically aimed at consumers with good to excellent credit. If your credit is poor or average, you’ll want to first work on improving your credit before applying for a premium card.

The premium perks also come with significant annual fees, going up to $550 and beyond. That means it’s important to make sure you will extract more value from the card than you pay. The card details below will help you find the best premium card for you.

NerdWallet's Best Premium Credit Cards of February 2021

Best Premium Credit Cards From Our Partners

Our pick for

Overall premium card

NerdWallet rating 

4.7

/5
Chase Chase Sapphire Reserve Credit Card

on Chase's website

Annual Fee

$550

Regular APR

16.99% - 23.99% Variable APR

Intro APR

N/A

Rec Credit Score

720-850

Excellent

Our pick for

Luxury travel perks

NerdWallet rating 

5.0

/5
American Express Platinum Credit Card

on American Express's website

Annual Fee

$550

Regular APR

See Pay Over Time APR

Intro APR

N/A

Rec Credit Score

690-850

Good - Excellent

Our pick for

Premium airline card

NerdWallet rating 

5.0

/5
American Express Delta Reserve Credit Card

on American Express's website

Annual Fee

$550

Regular APR

15.74% - 24.74% Variable APR

Intro APR

N/A

Rec Credit Score

690-850

Good - Excellent

Our pick for

Premium dining card

NerdWallet rating 

4.6

/5
American Express Premier Rewards Gold Credit Card

on American Express's website

Annual Fee

$250

Regular APR

See Pay Over Time APR

Intro APR

N/A

Rec Credit Score

690-850

Good - Excellent

Our pick for

Premium card for business

NerdWallet rating 

5.0

/5
The Business Platinum® Card from American Express OPEN Credit Card

on American Express's website

Annual Fee

$595

Regular APR

14.24% - 22.24% Variable APR

Intro APR

N/A

Rec Credit Score

690-850

Good - Excellent

FULL LIST OF EDITORIAL PICKS: BEST PREMIUM CARDS

Click the card name to read our review. Before applying, confirm details on the issuer’s website.

Our pick for: Overall premium card

The high annual fee on the Chase Sapphire Reserve® gives many potential applicants pause, but frequent travelers should be able to wring enough value out of this card to more than make up for the cost. A fat sign-up bonus, annual travel credits, airport lounge access, 3X points on travel and dining, and a 50% boost in point value when you redeem for travel booked through Chase all add to the appeal. Points can also be transferred to about a dozen airline and hotel partners. Read our review. 

Our pick for: Luxury travel perks

The Platinum Card® from American Express comes with a hefty annual fee, but travelers who like to go in style (and aren't afraid to pay for comfort) can more than get their money's worth. Enjoy extensive airport lounge access, hundreds of dollars a year in travel and shopping credits, hotel benefits and more. That's not even getting into the high rewards rate on eligible travel purchases and the rich bonus offer for new cardholders. Read our review.

Our pick for: Premium airline card

Every airline has a premium card that gets you into its airport lounges, but the Delta SkyMiles® Reserve American Express Card also gets you into American Express's Centurion Lounges when flying Delta, and it comes with an annual companion certificate that's good even in first class. Read our review.

Our pick for: Premium hotel card

The Hilton Honors American Express Aspire Card comes with a steep annual fee, but its rich rewards (especially on travel and dining) and generous perks make it near-must for hardcore Hilton loyalists. Enjoy airline and resort credits, airport lounge access, automatic elite status, free weekend night awards and much more. Read our review.

Our pick for: Premium dining card

The American Express® Gold Card can earn you a pile of points from everyday spending, with generous rewards at U.S. supermarkets, at restaurants worldwide and on certain flights booked through amextravel.com. Other benefits include hundreds of dollars a year in available dining and travel credits and a solid bonus offer for new cardholders. There's an annual fee, though, and a pretty substantial one, so it's not for smaller spenders. Read our review.

Our pick for: Premium card for business 

Like the consumer version of this card, The Business Platinum Card® from American Express comes with a big annual fee. But business travelers who prefer to go in style will find plenty that appeals to them: high rewards on certain travel purchases, bonus rewards on larger non-travel purchases, a superb newcomer bonus offer, extensive airport lounge access, elite hotel status, hundreds of dollars a year in available credits and a list of perks as long as your arm. It's not cheap, but luxury never is. Read our review.

To view rates and fees of the The Platinum Card® from American Express, please visit this page.

To view rates and fees of the American Express® Gold Card, please visit  this page.

To view rates and fees of the The Business Platinum Card® from American Express, please visit this page.

To view rates and fees of the Hilton Honors American Express Aspire Card, please visit this page.

To view rates and fees of the Delta SkyMiles® Reserve American Express Card, please visit this page.

Last updated on January 14, 2021

Methodology

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.