Best Platinum Credit Cards

Why it's one of the best platinum credit cards to get: Frequent flyers who are willing and able to commit to a single airline should definitely consider the Delta SkyMiles® Platinum American Express Card. The Platinum Delta SkyMiles Amex Card is the best platinum credit card for airline miles because it comes with a good initial bonus offer, solid ongoing earning rates, and several perks on Delta flights. In particular, cardholders earn 60,000 miles for spending $3,000 in the first 6 months. The Delta Platinum Card also provides 1 - 3 miles per $1 on purchases, statement credits for in-flight purchases, and a free checked bag on Delta flights.

You do need to fly frequently to get your money’s worth, though, as Delta’s Platinum credit card charges an annual fee of $350. You also need at least good credit for good approval odds.

The best platinum credit card is The Platinum Card® from American Express because it offers a variety of luxury perks and is one of the most prestigious cards overall. Amex Platinum comes with a lot of rewards value, too, starting with a welcome offer of 80,000 points for spending $8,000 within 6 months of opening an account. Cardholders also earn 1 - 5 points per $1 in rewards on purchases on an ongoing basis. Plus, Amex Platinum provides complimentary airport lounge access, up to $200 in credits each year for fees on a pre-selected airline, up to $200 in credits each year for Uber rides in the U.S. when you add your card in your Uber account and select an Amex Card as the payment method, and more. Amex Platinum is actually made of metal, too.

The Platinum Amex Card is pretty expensive, charging an annual fee of $695. But it’s worth it for high-spending frequent travelers who want platinum perks. You can learn more about the offer from WalletHub’s complete American Express Platinum Card Review.

Why it's one of the best platinum credit cards to get: The Credit One Bank® Platinum X5 Visa® offers 5% cash back on the first $5,000 of eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases each year (1% thereafter) and 1% on all other purchases. Plus, applicants only need fair credit for approval. There is a $95 annual fee, however.

Why it's one of the best platinum credit cards to get: The PenFed Platinum Rewards Visa Signature® Card is the best platinum credit card with no annual fee because it offers an initial bonus of 15,000 points (in return for spending $1,500 within 3 months of opening an account), as well as ongoing rewards of 1 - 5 points / $1, in addition to that $0 annual fee. Plus, anyone can join PenFed.

Why it's one of the best platinum credit cards to get: The best platinum Mastercard credit card is the Citi® / AAdvantage® Platinum Select® World Elite Mastercard® because the average person could earn more with it over two years of use than any other platinum Mastercard on the market right now. The AAdvantage Platinum Mastercard offers a solid initial bonus – 50,000 miles for spending $2,500 within 3 months of opening an account – as well as ongoing bonus rewards on American Airlines flights, gas, and dining at restaurants. Plus, cardholders and up to 4 travel companions get a free checked bag on domestic American Airlines flights, and the card’s $99 annual fee is waived the first year.

Why it's one of the best platinum credit cards to get: The First Option Platinum Credit Card is the best platinum card for cash back because it offers 1.5% back on all purchases and has no annual fee. There’s also no interest on purchases for the first six months and a low regular APR, at 13.42% - 15.92% (V). This card requires excellent credit for approval, unlike some of the best cash back credit cards overall.

Why it's one of the best platinum credit cards to get: The U.S. Bank Platinum credit card offers 0% for 18 billing cycles on balance transfers. It charges a balance transfer fee of 3% intro fee ($5 min) for each transfer in first 60 days, after that 5% ($5 min) for each transfer* but also has a $0 annual fee. The U.S. Bank Platinum card also gives 0% for 18 billing cycles on new purchases. Whichever type of balance you’re trying to avoid interest on, make sure to pay it off before the 0% APR intro period ends. The card’s regular APR could be anywhere from 17.74% to 28.74% (V), depending on your creditworthiness when you apply. Good credit is recommended for good approval odds.

Why it's one of the best platinum credit cards to get: The Comerica Bank Visa® Platinum Card is the best platinum credit card for balance transfers because it offers an introductory transfer APR of 0% for 18 months. It also has a 5% (min $5) balance transfer fee and a regular APR of 17.74% - 28.74% (V), depending on your overall creditworthiness. You need excellent credit to qualify.  

In addition, the Comerica Bank Visa® Platinum Card offers 0% for 18 months on new purchases. Its annual fee is $0.

 

Why it's one of the best platinum credit cards to get: Capital One’s Platinum card is among the best known, as it’s the best non-student starter credit card on the market. Most importantly, it doesn’t charge an annual fee. That makes Capital One Platinum about $22.02 per year cheaper than the average credit card. And it means you can build credit history at no cost, if you play your cards right.

The Capital One Platinum Card doesn’t offer rewards. But that’s no big deal at the beginning of your credit career. And you can learn more about why that’s the case from WalletHub’s full Capital One Platinum Card review.

Why it's one of the best platinum credit cards to get: The Capital One Platinum Secured Credit Card is the best secured platinum card because it has a  $0 annual fee. It also reports monthly to the major credit bureaus, so it can help you build credit if used responsibly. There’s no minimum credit score needed for approval, either.

The Capital One Platinum Secured card could be partially secured. You can make a deposit of $49, $99 or $200 for a $200 spending limit. That means it’s possible for the spending limit you’re assigned to exceed the amount of the refundable security deposit you’re required to place.

Why it's one of the best platinum credit cards to get: The Credit One Bank® Platinum Visa® for Rebuilding Credit is the best unsecured platinum credit card for bad credit because its annual fee is $75 the first year ($99 after that). This card provides a modest credit line, which can make it good for emergencies, too. Cardholders may also earn rewards on at least some purchases.

Why it's one of the best platinum credit cards to get: The Business Platinum Card® from American Express offers 1 - 5 points per $1 on purchases, plus 150,000 points for spending $20,000 within 3 months. The card requires good credit for approval and has a $695 annual fee.

There aren’t too many platinum business credit cards, and most of the available offers either charge very high annual fees or give you no rewards. However, there are many other awesome business credit cards that bring platinum benefits to the table, despite not having names to match. You can check out WalletHub’s picks for the best business credit cards to learn more.