High limit credit cards offer the ability to make big purchases with added purchase protections and credit card rewards. Choosing the best of the ultra high-end credit cards isn’t always an easy decision, so we’ve narrowed down the list to five top options from some of the biggest credit card issuers around.
Chase Sapphire Reserve®
The Sapphire Reserve® credit card from Chase is one of our favorite credit cards on the market today. It offers a big signup bonus, currently 50,000 points after spending $4,000 on purchases in the first four months. The card also includes a travel credit, 3x points on travel and dining, and a boost in point value when redeeming miles through the Chase Ultimate Rewards portal.
The card isn’t cheap. It comes with a $450 annual fee. But you get huge value in return for that fee. The first year alone, your bonus is worth more than the annual fee. You also get $300 in statement credits per year for travel-related purchases, a $100 fee credit every 4 years for Global Entry or TSA PreCheck, complimentary lounge access for you and up to three traveling companions with Priority Pass Select, and other useful perks.
Plus, no foreign transaction fees means you can take the card anywhere in the world and pay with ease.
American Express Platinum Card®
The Platinum Card® from American Express is another premium credit card in the top tier for rewards cards. The card carries a hefty $550 annual fee on the personal version, but like the Chase Sapphire Reserve®, you get a lot of value from this credit card.
The card currently offers a 60,000 point bonus after $5,000 in purchases in the first three months when signing up for a new card. It includes up to $200 in free Uber rides per year, a $200 annual credit for incidental fees on your favorite airline, and up to 5x points per dollar on bonus category purchases.
This card gives you access to American Express Centurion® Lounges, Priority Pass Select, and Delta Sky Club, plus some additional partner lounges. The card includes a $100 TSA PreCheck or Global Entry credit every four years. You’ll also travel in style with Starwood and Hilton Honors gold-level status, even if you have never stayed in a Hilton or Starwood (which now includes Marriott) hotel.
Capital One® Venture®
The Venture® Rewards card offers 2x miles per dollar on every purchase. It comes with a 50,000 bonus after spending $3,000 on purchases in the first three months after opening a new account. It has no annual fee the first year, then charges $95 per year for subsequent years.
This card has no foreign transaction fees and lets you book travel through any airline, hotel, rental car site, or major travel site and you can redeem miles for statement credits. This works similarly to the Barclays Arrival® Premier mile redemption explained above.
While this card is not packed with quite as many features as some other cards on this list, it also comes with a much lower annual fee. If you are looking to find great benefits with an annual fee below $100, this card is a great option.
Citi® Double Cash
The Double Cash credit card is a great cash back credit card with no annual fee. Instead of travel rewards, this card offers an effective 2% cash back. You earn 1% cash back on each purchase and an additional 1% when you pay your bill.
When using any credit card, you should always pay your bill in full every month to avoid interest charges. Interest fees easily gobble up any cash back or travel reward values if you don’t pay off your card every month by the due date.
This is one of the best cash back cards out there. Some cards offer a slightly higher rate, but that is often limited to bonus categories that may rotate every three months. Here, you can just use the card anywhere you shop and can expect your cash back to dutifully arrive with each monthly statement.
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