Find the best premier or black credit card

  - Premier cards can offer extra benefits and services in comparison to normal credit cards. This is usually in return for an annual fee.
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Compare the Best Premier Credit Cards

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Card FeeAPRAdditional InformationSearch all225 Credit Cards
 
American Express

Platinum Cashback Card
£25.0018.7%
  • 5% cashback for the first 3 months, capped at £125
  • Annual fee of £25
  • Emergency cash service available
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 14.0% variable per annum for purchases. Annual fee of £25 applies. Representative 18.7% APR variable. 
American Express

Platinum Cashback Everyday Card
None19.9%
  • 5% cashback for the first 3 months, capped at £100
  • Balance transfer fee
  • Emergency cash service available
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 19.9% variable per annum for purchases. Representative 19.9% APR variable. 
American Express

British Airways Card
None15.9%
  • Spend £500 in first 3 months for 3,000 bonus Avios
  • No balance transfers
  • Emergency cash service available
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 15.9% variable per annum for purchases. Representative 15.9% APR variable. 
American Express

British Airways Premium Plus
£150.0056.4%
  • Get 18,000 bonus Avios when you spend £3K in first 3 months
  • Annual fee of £150
  • UK British Airways Executive Club members only
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 19.9% variable per annum for purchases. Annual fee of £150 applies. Representative 56.4% APR variable. 
Lloyds Bank

Premier Avios Rewards Amex/MasterCard
£140.0050.8%
  • ]No foreign usage charge
  • Rates dependent on credit rating
  • Receive both a MasterCard and an American Express
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 17.95% variable per annum for purchases. Annual fee of £140 applies. Representative 50.8% APR variable. 
NatWest


Private Black Credit Card MasterCard
None14.9%
  • Lower APR than standard NatWest cards
  • Only available to Black Account customers
  • Manage your card online
Details... 
  Representative Example: Based on a credit limit of £1200.00 charged at 14.94% variable per annum for purchases. Representative 14.9% APR variable. 
TSB

Premier Avios Amex/MasterCard
£50.0023.7%
  • Get Avios for transferring your balance
  • Annual fee of £50
  • Receive both a MasterCard and an American Express
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 13.95% variable per annum for purchases. Annual fee of £50 applies. Representative 23.7% APR variable. 
American Express

The Nectar Credit Card
£25.0025.0%
  • Spend £2,000 in first 3 months for 20,000 extra points
  • No balance transfers
  • Emergency cash service available
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 19.9% variable per annum for purchases. Annual fee of £25 applies. Representative 25.0% APR variable. 
American Express

The Starwood Preferred Guest Credit Card Amex
£75.0036.2%
  • Spend £1K in first 3 months for 10,000 extra points
  • Annual fee of £75
  • Emergency cash service available
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 19.9% variable per annum for purchases. Annual fee of £75 applies. Representative 36.2% APR variable. 
MBNA Limited


United Airlines Mileage Plus® Amex/Visa
None18.9%
  • Earn up to 2.5 MileagePlus® points for every £2 spent on the card
  • No balance transfers from MBNA cards
  • Contactless payments up to £20
Details... 
  Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases. Representative 18.9% APR variable. 
MBNA Limited

Virgin Atlantic White Amex/Visa
None17.9%
  • Up to 3,000 miles when you make your first purchase within 90 days
  • No balance transfers from MBNA cards
  • Contactless payments up to £20
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 17.9% variable per annum for purchases. Representative 17.9% APR variable. 
MBNA Limited

Virgin Atlantic Black Amex/Visa
£140.0052.0%
  • Up to 18,500 miles when you make your first purchase within 90 days
  • Annual fee of £140
  • Contactless payments up to £20
Details...
Proceed
 
  Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases. Annual fee of £140 applies. Representative 52.0% APR variable. 
Compare
Last Updated: Thursday 21 August 2014 13:51

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Disclaimer:
Fees and rates subject to change without notice. Check all rates and terms before borrowing. Assumptions have been made in calculating savings/costs. The figures should be used to illustrate potential savings and should be confirmed with credit card providers.

Moneyfacts.co.uk Limited is an independent credit broker. We will receive a payment from credit providers where customers link to them from Moneyfacts.co.uk. None of these arrangements affects our independence.

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What is a premier/black credit card?

How exactly do these credit cards differ from other cards? The answer is that they’re more exclusive – generally they’re aimed at higher earners.

Because they are aimed at a more restricted audience, a premier/black credit card can offer a higher credit limit than other credit cards (although this will depend on your income and credit score). They may also offer a range of benefits such as the ability to collect Air Miles for spending on the card.

Why are the APRs so high?

It’s not uncommon for a premier or black credit card to have an APR that is far more expensive than a normal card. This is because premium credit cards tend to charge an annual fee – and annual fees have to be included as part of the card’s APR.

Is a premier/black credit card right for you?

Most of us wouldn’t be accepted for a premier or black credit card. As previously mentioned, they are targeted at higher earners. Some cards are invitation-only.

Premium credit cards can be suitable for higher earners who need a larger credit limit and/or make full use of the benefits package the card offers. However, even for some higher earning customers a black credit card may not be suitable. You may for instance, find better benefits with a rewards or cashback credit card – without having to pay an annual fee.

Don’t be encouraged to rack up a big balance on a premier/black credit card. If you’re trying to repay debt, a long 0% balance transfer card remains your best bet – even if it’s a standard credit card.

Premier or black credit cards can offer competitive reward schemes – but remember that you may only get some of the rewards if you spend a substantial amount using the credit card.

As with any rewards or cashback card, the only way this can work out cost effectively is to repay the balance in full each month. If you don’t any rewards or benefits you receive will soon be eroded by the interest and fees you have to pay.

 

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