What Are The Most Prestigious Credit Cards of 2013?

Posted by CreditCardGuru

Decades ago credit cards were mostly just a form of payment, but today, they considered to be status and fashion symbols… in the same was as a piece of jewelry or the latest handbag. But what is the most prestigious credit card in the world? Well, here are several contenders…

The Top 7 Most Prestigious Credit Cards

#1- Sherbank Visa Infinite Gold Card
Thanks to a boom in oil and natural resources, the rich ins Kazakhstan are getting a whole lot richer. For that reason, Sherbank created this exclusive credit card for their top 100 customers. It is made with 26 diamonds and the card itself is made out of solid gold!

The cost of this card is more than what most Americans make in a year! For the first year you will have to pony up $100,000 – that’s $65,000 for the card and the $45,000 goes as a sort of security deposit for your credit line. Then after that, it’s “only” $2,000 per year.

#2 – Dubai First Royale MasterCard
Everyone knows Dubai is flooded with cash due to UAE’s massive oil revenue. First Dubai Bank created this ultra prestigious card for their richest jet setters. It’s actually made with real gold and a diamond!

Benefits include no spending limit, travel benefits, a personal “relationship manager,” and unlike the Centurion, the Dubai First Royal MasterCard actually has a very generous rewards program too – up to 4% cash back.

#3 – American Express Centurion
Without a doubt, this piece of titanium is the most well known and most sought after prestigious credit card in the world (although its requirements aren’t as exclusive as the Dubai First). It was launched in 1999 as an invite-only card with a $1,000 annual fee. Today, the annual fee is substantially higher; $2,500 per year plus a one-time initiation fee of $5,000 (so $7,500 for your first year).

Ironically, despite the higher price tag, there are actually far fewer benefits than the card had originally. For example, the best feature was giving cardholders automatic upgrade to first class (when available) but that benefit was cut. Today you still have benefits like phone concierge service and numerous travel benefits.]

#4 – JP Morgan Palladium Card
JP Morgan PalladiumThis card has been out for almost 2 years now and is one of the most flashiest pieces of plastic metal around. Yep that’s right, it’s actually made out of metal; a palladium and 23 karat gold alloy. Lately the price of palladium has been fluctuating in price between $600 and $700. And gold is more than 2x that (but I doubt they use much gold in this). Since the card in and of itself weighs 1 ounce, it’s worth a pretty penny. Aside from being blingy, it has a laundry list of insurance coverages and travel benefits.

The annual fee is “only” $595 but that’s because they gear it towards JP Morgan private banking client. To be a member of that elite group, you typically need to have a minimum of $5 million in assets at their bank (and their average customer in that group reportedly has $25 million).

#5 – Royal Bank of Scotland Coutts World Card
This card is only available to Coutt’s clients who have at least $1,000,000 in the bank. The annual fee is £350 but that’s waived for customers that charge at least £50,000 per year on the card.

The range of benefits are great considering the relatively low annual fee. For example you get airport lounge access, concierge, comprehensive insurance benefits, and access/special offers for luxury goods and services – i.e. an around the world trip via private jet and the chance to have your biography written by a bestselling author.

#6 – Sotheby’s World Elite Mastercard
This prestigious piece of plastic is catered to art collectors whom regularly buy from Sotherby’s auction houses. In order to qualify for this card you must earn at least $250,000 annually and have $2,000,000+ in investable assets. The annual fee is $395.

Despite its relatively low annual fee, the Sotherby’s World Elite MasterCard has many benefits that compare to the other prestigious cards above. The card has concierge service included, free business-class companion airfare on some international flights, airport lounge access, and more.

#7 – American Express Platinum Card
This may not be the most prestigious credit card from American Express but it comes darn close. For a $450 annual fee, you get many of the same benefits that the Centurion card has.

Due to the rising annual fees and overly-saturated cardmember base, I have heard from many Centurion holders who have actually switched back to Platinum because the benefits are so similar. Take a look for yourself and check out my American Express Platinum review. But remember the $450 annual fee is NOT waived for the first year.

A prestigious card without the high price tag?

Chances are, most of the above cards you won’t qualify for – and even if you do – they aren’t worth it for you to pay so much for them, right?

But if you still want a “wow” card that’s also affordable and that the average Joe or Jane can qualify for, then here are two you should consider:

Chase Sapphire Preferred Card:

photo of Sapphire Preferred made out of metal

This is not your ordinary piece of plastic! It’s made with real metal, so its heavy weight and feel make a real impression on people.

As funny as it may sound, I’ve heard from store clerks and waitresses who see it and say something like “wow, this must be like those black cards for VIPs!

And right now with this link you can get 40,000 bonus points after spending at least $3,000 in the first 3 months from account opening. Those 40,000 points can be redeemed for $400 cash back or $500 worth of travel rewards. Introductory Annual Fee of $0 the first year, then $95.

Marriott Rewards Premier Credit Card:

photo of Marriott Premier metal cardHere is another card that’s made out of real metal. Its smooth black finish makes it appearance pop even more.

Last month, in October, I opened up an account because of this ridiculous bonus offer they are running at the moment: Earn 50,000 Points after spending $1,000 in your first 3 months from account opening. After your account is approved, you also get 1 free night stay at a Category 1-4 location. $0 Intro Annual Fee for the first year, then $85.


This post was written or last updated November 18, 2013

13 comments... read them below or add your own

  1. bill February 15, 2014 at 9:35AM

    nice math on the first credit card…. 65,000+45,000 doesn’t equal 100,000 last time i checked

  2. Jimmy August 2, 2013 at 6:46PM

    Hey let the super rich enjoy it and you don’t want to carry a debit card these cards here offer prestige and perks a debit card does not. It’s not bad to be super rich. I am not one of them. The worse crime on earth are the speculators on WALL STREET that destroy our economy by driving the price of oil and food up for no reason. The oil rich people are just enjoying life but the speculators are dirt, they hurt the working class of american making the american dream DEAD AND GONE ! Love to see that market crash 7000 points on Monday. wow that would be a trip. I thought Obama was going to be the one president in my life that really made change and I am a white dude but he turned out just like all of them he caters to wall street and to capitalist america. The working class and poor are left behind. So if we see something in the store we need we just take it. Speculators do so we do as well. No not the best idea on earth but sure feels like we are getting something back. Nice to walk out with 300 in items and paid for 15.00 worth. Now that is the new american dream. Dream on Dream on till your dream is dead.

  3. Barbara July 10, 2013 at 12:52PM

    I guess what I do not understand is, if you have billions or even millions, why wouldn’t you just use a debit card and take the cash directly from an account? It is essentially for vanity, no? At the end of a statement cycle you have to send them actual money plus potential fees and interest anyway, on top of the annual fee. How can someone see the benefits of a few silly flight or concierge services if you are in that club?

    • Kelvin February 1, 2014 at 7:28AM

      That my friend, is where the rich get richer. You see, many people who don’t have millions in their bank, tend to forget that the bank pays interest to you when you store money with them. For example, let’s say your bank gives you a 1% interest rate per annum. An average american with, oh let’s say about 25000 in his bank most of the year, will receive 250 dollars at the end of the year in interest. Now let’s put that in super rich terms, let’s say mister rich had 100,000,000 in his bank all year round. That would mean that the bank will give him 1,000,000 every year, just for keeping his money in the bank for the bank to invest with. Suddenly, that 4000 dollar annual fee doesn’t seem like such a big deal to mister rich anymore does it? But that means mister rich has to maintain his bank balance for the whole year, which means he will try to refrain from using his cash in his bank, but rather, pay when he receives his interest. Tadah, rich get richer, and the regular folk don’t really benefit because, as we can see, most of them tend to forget about the interest the bank pays them, and see the bank as only a place to hold money.

      • Nina March 6, 2014 at 8:33AM

        Wow, this was a well done analysis. Very smart. Thank you for sharing!:-)

  4. johnny nguyen May 11, 2013 at 7:53PM

    the sad thing is even if we won the lottery we would still not be able to get this card if we where lucky and won it 5 times and had about half a billion i think our chances would be 2 percent for card 1 and 2….. iv have seen all of these cards and only seen card 2 once in my whole life so far and it was from a prince of Saudi Arabia at a venue i worked at in Manhattan but still haven’t seen card 1 yet so who know maybe one day.

  5. Mr. JP Morganless December 22, 2012 at 6:20AM

    Hmmm….enlightening nevertheless, but WHY I even took a gander at these cards is beyond me. My broke butt will never be sufficiently out of debt and/or be the recipient of such cards, if for nothing more than I will never realize “monetary compensation” (ie; salary or income) to even QUALIFY for such cards.

    **sigh** Oh well!! Dollar General, WAL MART, and cash it shall remain for me!

  6. Garrett March 29, 2012 at 5:13PM

    Funny… How one of the most prestigious credit cards in the world is not even on this list.. It outshines almost every card on here except MAYBE the one from Dubai..

    Look up J.P. Morgan Palladium… Nothing beats this card after reading through the benefits..

    • AMEX platinum card / visa signature owner September 16, 2012 at 9:51PM

      It might be a prestigious card but it doesn’t even compare to the AMEX Plat when you compare them head to head. Plus the annual fee is more than double than that of the Amex Platinum card.

    • Ian b February 21, 2013 at 4:43PM

      see card #4……

    • Lucas April 30, 2013 at 9:27AM

      Look at card # 4.

    • alan June 20, 2013 at 1:44PM

      The palladium card is mentioned its #4

  7. M. Wentworth December 5, 2010 at 5:10PM

    Good job on this list of the most prestigious credit cards. One thing I would like to add is to be careful with the Coutts card. It is a charge card that has close to a 50% interest rate if a balance is carried.

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