Most Expensive Credit Cards & Hardest Credit Cards to Get Approved For

– Most Expensive Credit Cards –

Most Expensive Credit Cards: For many, credit cards can simply be a means to an end, used for occasional buying. But for a small group of people with high credit scores and a lot of money invested, a number of special credit cards might be available — sometimes by invitation only.

Expensive Credit Cards


Such exclusive credit cards come with great benefits, such as customized concierge service and lavish gifts, but they do come at a cost. Many of these exclusive credit cards have high annual fees and may not even be available to the general public.

Things to Do Before You Apply for a Credit Card

Know Your Credit Score

If you don’t know your credit score, your first step on the path to good credit will be to determine your starting point and find out your credit score. 

Once you’ve determined your score, you’ll know which credit cards you can consider and begin the improvement process if applicable.

See if you’re Pre-qualified or Pre-approved

Many credit card issuers offer pre-qualification or pre-approval options on their websites. This is an opportunity to input your information to see if the issuer has any credit offers available to you.

The best part of pre-qualification or pre-approval is that it does not affect your credit score since no hard inquiry is being done. There is no guarantee you will ultimately get approved, but it does increase your chances.

10 Most Exclusive & Expensive credit cards

10 Most Exclusive & Expensive credit cards

1. American Express Centurion Card

This is the official name of the legendary American Express “Black” Card – arguably the prestige card that started it all. In order to qualify, a holder of the also prestigious American Express Platinum Card would need to have charged $250,000 or more in the previous year.

If they’ve met that impressive goal, invitees will have the privilege of paying a one-time fee of $7,500 and an annual membership fee of $2,500. Of course, they’ll also have the honor of holding one of the most exclusive credit cards in the world.

Naturally, the benefits that come with the card are impressive: a dedicated concierge and travel agent, complementary travel tickets for companions, free nights at select hotels, access to numerous airport clubs and plenty more.

2. Chase Sapphire Reserve®

Regarded as one of the best premium travel cards on the market, the Chase Sapphire Reserve® is in the pockets of millionaires and more modest cardholders alike.

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
Intro (Purchases) Intro (Transfers) Regular APR Annual Fee Credit Needed
N/A N/A 16.99%-23.99% Variable $550 Good/Excellent

The card earns 3X Membership Rewards® points per dollar on travel and dining, and it comes with a valuable signup bonus. Points can be redeemed for travel at a flat rate of 1.5¢ through Chase, or transferred to airline and hotel loyalty programs for even more value.

While the card has a big annual fee, the yearly travel credit takes out a  big chunk. Cardholders also receive a ton of travel perks, including airport lounge access, primary rental car insurance, trip delay, and cancellation coverage, and extended warranty coverage.

3. JP Morgan Chase Palladium Visa

JP Morgan Chase Palladium Visa card is one of the more impressive ones you’ll see. It’s made of actual palladium and gold, etched with the cardholder’s information and account number.

It is available only to those high net worth individuals who have an investment banking relationship with JP Morgan’s wealth management brokerage.

With a fee of only $595 a year, cardholders are lucky enough to not be charged for foreign exchanges, late payments, cash advances, or overdrafts. There isn’t a spending limit, either.

4. Coutts World Silk Card

While Americans may not be familiar with Coutts Bank, it’s known in the U.K. as the bank to the Royal Family. The Coutts World Silk Card is therefore suitably exclusive and rare. To be invited to carry this card, an individual must have at least $1 million in a Coutts account.

It goes without saying the perks are equally outrageous: concierge services, extensive worldwide travel insurance, access to more than 700 exclusive airport lounges and numerous VIP offers with travel and retail companies.

5. Bank of Dubai First Royale MasterCard

Bank of Dubai First Royale MasterCard

Undoubtedly the most ostentatious of all prestige cards, the Dubai First Royale Card is trimmed in gold, with a diamond set in its center.

As you might expect, this card comes with no preset spending limit and is obviously intended for people who don’t need to worry about interest rates or annual fees.

As for the card’s perks, the bank simply states that its round-the-clock team attempts to meet the cardholder’s requests, no matter what they are. Nice.

6. Stratus Rewards Visa

In contrast to the Black card (although nearly as exclusive) is the Stratus Rewards Visa “White” card. This card is also only available by invitation and only to high net worth individuals, although membership is a relatively affordable $1,500 a year.

For this fee, cardholders get reward points they can use for things like private jets or charter flights, as well as luxury hotel upgrades and other perks.

7. Ink Business Preferred® Credit Card

The Ink Business Preferred® Credit Card is a card respected by business owners of all revenue sizes, offering 3X Ultimate Rewards® points per dollar in several useful business categories.

  • New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards, and more – your points don’t expire as long as your account is open
  • No foreign transaction fees
Intro (Purchases) Intro (Transfers) Regular APR Annual Fee Credit Needed
N/A N/A 15.99% – 20.99% Variable $95 Good/Excellent

While the Ink Business Preferred® Credit Card does have annual spending caps on its bonus rewards that might chafe businesses with millions in cost each year, it will likely be ideal for the well-to-do small business that can maximize their rewards and don’t want to deal with a corporate card.

In addition to rewards, the card comes with a number of valuable perks, including trip delay and cancellation coverage, primary rental car insurance for business rentals, and extended warranty coverage.

8. Citigroup Chairman Card

Similar to the Chase Palladium card, the Citi Chairman Card is open only to holders of a Citigroup brokerage account. It comes with a $300,000 credit limit and a relatively low annual fee of $500.

This card also has perks such as 24-hour concierge service, travel upgrades, access to private airport lounges, and more. If you weren’t approved for a Chairman Card, consider opening one of our awesome travel cards to get excellent perks of your own.

9. Sberbank Visa Infinite Gold Card

If pure gold isn’t enough, how about throwing in mother of pearl and 26 diamonds? Issued by Kazakhstani outfit Sberbank to only 100 of its top clients initially, this Visa Infinite card costs a neat $100,000 upfront.

Of this money, an unheard-of $65,000 goes to minting the card. The other $35,000 is directed to your account. On top of the initiation fee, you’ll be out another $2,000 for an annual fee.

If you get the card, you’ll have the pleasure of owning a solid-gold status symbol. Enjoy $250,000 of life and health insurance, 24/7 concierge service, and a personal manager at Sberbank.

Get VIP access to luxury vacations and the world’s finest golf courses. And if you forget to pay your card bill while jetting around the world, rest easy knowing the card has no late fees.

10. Merrill Lynch Octave Black Card

Made of black metal and sporting an American Express logo, the Merrill Lynch Octave Black Card is an invitation-only card that caters to the American bank’s highest net worth clients. To qualify, you must have at least $10 million in a Merrill Lynch account.

Cardholders pay $950 in annual fees and reportedly enjoy such perks as no preset credit limit, 2.5x points on all eligible purchases, an annual $350 travel credit or Delta SkyClub Executive Membership, private jet savings and access to airport concierges.


What makes the Most Expensive Credit Cards?

What makes the Most Expensive Credit Cards?

Like the clients who carry them, exclusive credit cards share notable similarities. The following factors can elevate a card’s status and the barrier to entry.

High cost

Some cards are issued at no cost to high net worth members. More commonly, Most Expensive Credit Cards come with high annual fees of $1,000 or more, and some require additional initiation fees. At the extreme, a card might cost an outrageous $100,000.

Available only to a select few

Card providers make it more difficult to get exclusive cards by making their products invite-only, requiring the backing of existing members, or imposing minimum investment quotas. To join the club, you must have the ability to pull strings — or flash enough money to barrel your way in.

Made of rare materials

An exclusive credit card should feel exclusive. That’s why it’s not made of mere plastic, instead of boasting such precious metals as gold, titanium, or palladium. It might even come with inlaid diamonds for good measure.

Dedicated concierge service

You’ll notice many of the cards on this list offer commonplace features. For example, you can get airport lounge access and travel credits with widely available credit cards.

What sets exclusive cards apart is personalized help. Concierge service is standard in premium travel cards, but dedicated concierge services — like account managers expressly assigned to you — are reserved for ultra-premium cards.

Unadvertised, exclusive perks.

One of the reasons we don’t know much about superelite cards is because their issuers like it that way. If a premium card gets you access to a top-notch airport lounge, an ultra-premium card gets you a dedicated space inside that lounge. The less the public knows about these privileges, the more special they tend to be.

Sky-high credit limits.

Exclusive credit cards often come with extremely generous credit limits. Of course, your provider may cut you off if your spending appears to exceed what your net worth allows. But if your coffers sound truly endless, the bank may allow literally any purchase your heart desires.

Since most of us will never need to worry about carrying one of these Most Expensive Credit Cards ourselves, we can only imagine the luxurious uses they get put to. But you don’t have to be a millionaire to carry a card that unlocks prestigious perks.

You can apply for some of these cards on your own — if you can stomach the annual fees. The exclusivity of these cards can mean access to a variety of perks, luxuries, and special events, as well as a higher credit limit.

It can carry some status as well. Review how the perks and bonuses shape up against the cost. Depending on your situation, some of these perks could be worth the cost. On the other hand, you don’t want to be stuck with a card you can’t afford.

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