- Up to 2.25 points/$1
- $450 annual fee
- Up to 2.25 points/$1
- $450 annual fee
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Platinum, gold and black credit cards are premium options that open the door to exclusive benefits. While they are all premium options that offer a range of benefits like rewards points, free flights, and concierge services, each represents a different level of status and service.
Gold credit cards are the “entry level” option for premium credit cards and are designed to suit people who are interested in getting more features and benefits, but who don’t want to pay much more than they would for a standard card.
Gold credit cards also have slightly higher income and credit history requirements than standard cards – but not as high as those of platinum or black cards.
Platinum credit cards are considered more premium than gold cards and offer a wider range of features and more flexibility. They are designed for people who want to get more value from regularly paying with plastic.
Some platinum credit cards may also provide other spending benefits for customers. For example, platinum Bankwest credit cards offer no international transaction fees for purchases made overseas or online with an international retailer.
One of the biggest differences between platinum and gold cards in Australia is that there is a larger selection of platinum credit cards than gold cards. In fact, while all of the Big 4 Banks in Australia (ANZ, NAB, CommBank and Westpac) offer platinum cards, only CommBank offers gold credit cards for personal customers.
Platinum cards also offer higher minimum credit limits than gold cards, which means they're only available to those who earn a certain, relatively high minimum income. The list of features and bonuses are usually greater than gold.
Black credit cards are considered the ultimate in premium credit cards, with the highest level of service and broadest range of benefits.
Black credit cards are designed for high earners who pay with plastic very regularly. As such, the minimum income requirements for these cards are usually a minimum of $75,000 to $100,000, sometimes more. You also need flawless credit history to get a black credit card.
The benefits of a platinum, gold or black credit card are only worth it if they offer more value than the annual fees, which can be hefty. Ask the following questions before choosing which type of card to get suits you best:
Gold, platinum and black credit cards are designed for people who regularly use a credit card, and their annual fees and credit limits reflect that.
You also usually need to pay with the credit card to get value from the premium features and benefits, such as rewards, travel credit and complimentary insurance.
💡Tip: If you don’t use a credit card very often, you could look at a low rate or no annual fee option instead.
If you choose a premium rewards card, make sure the value of the points you earn outweighs the cost of the annual fee. For bonus point offers, always check the spending requirements to make sure they are reasonable for you.
💡Tip: Not sure how much your points are worth? Finder's credit card points calculator will give you a quick estimate, plus more insights and tips on working out the value of points.
Gold, platinum and black credit cards typically have higher income requirements than standard credit cards. And even if no minimum income amount is listed, you'll still need to show proof of a regular income that would be enough to manage the card's minimum credit limit.
Rewards and extras can help offset the cost of a credit card, but only if you use them. Be realistic about which benefits you will use, so you can find a card with the right mix of features and costs.
Many gold, platinum and black credit cards have high interest rates for purchases, which can be expensive if you carry a balance from month to month. When that's the case, a platinum credit card with a low ongoing interest rate could help you save on interest charges.
Premium credit cards typically have higher annual fees than basic cards. If you have an idea of the maximum annual fee you want to pay, you can use the filters on Finder's comparison table so you only see cards that fit within that range.
These credit cards typically require a very good to excellent credit score.
If you have negative details on your credit report, such as late payments or defaults, you may not be eligible to apply for a gold, platinum or black credit card.
If you want to get more rewards, higher credit limits, complimentary insurance and many other perks, here's how a platinum credit card could work for you.
If you want to buy big-ticket items or consolidate debt with a credit card, compare high credit limit options and weigh up the pros and cons here.
Gold credit cards are a step up from basic cards, with more perks like rewards, complimentary insurance and airport lounge invitations.
From entertainment offers, concierge and travel services to travel insurance and more, cardholders can enjoy many different platinum perks. Read on to find out all about the benefits of being a Visa Platinum cardholder.
Discover the luxurious perks, extensive benefits, and often high fees that can come with prestigious credit cards.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan and read any disclosure documents (such as any Target Market Determination (TMD) and/or Product Disclosure Statement (PDS)) issued by the provider before making a decision.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.