Best Gold & Platinum Credit Cards

A gold card may tempt you with rewards and extras, but make sure you consider all the features of a gold credit card deal before you sign up, so you can be sure you are getting the best value and the best deal for your needs, without being trapped by high interest and high fees.

A platinum credit card deal can include great rewards programs, inclusive and intuitive service and protect you and your family at home and overseas, so whether you’ve always wanted to own a platinum card, or you never thought you could, compare the features and benefits of the best platinum card deals now to find out.

Compare the Best Gold & Platinum Credit Card Deals

Gold Cards

If you are considering a new credit card, or you want to switch your existing credit card to one more suited to your lifestyle, consider a gold credit card. A gold card can do more for you than simply add a bit of bling to your wallet, as gold credit cards are also packed with features which look after you when you’re at home or overseas with rewards, insurance and specialised gold member services.

Benefits of a Gold Card

Every gold credit card deal will be different, because it has been tailored to a different type of gold card user. Therefore, before you apply for a gold credit card, make sure you consider how you are going to use your card, and how you are going to afford to use it, and this can guide your decision. Some benefits of gold credit cards across the board include:

• A higher credit limit. You will never have to worry about being able to make a purchase again if you have a gold card on hand because you are eligible for much higher credit limits to give you more freedom.
• A rewards program which earns you more points. Some standard credit cards offer rewards programs, however when you choose a gold credit card you will be choosing a more rewarding rewards program too. Where a standard card may only earn half a point or one point for every dollar spent, a gold card will often earn you at least 1 point for every $1 you spend, if not 1.5 points for every $1 putting you ahead from the start.
• Domestic and international travel insurance. This is one of the main reasons a lot of people consider a gold credit card because a gold card deal typically includes travel insurance when you travel around Australia or overseas. Your travel is eligible to be insured as long as you have purchased your tickets using your gold card, and your travel insurance will sometimes even extend to family travelling with you.
• More competitive exchange rates and cheaper overseas transactions. When you use your credit card overseas, a gold card will calculated your transaction with a more competitive exchange rate to get you the best value for money. Your overseas transaction costs are also usually much lower than a standard credit card.
• Purchase protection and extended warranty. When you make a purchase on your gold credit card, it can be covered by purchase protection if it is lost, stolen or damaged within 90 days. Similarly your gold card can extend the manufacturer’s warranty of most purchases by 12 months.

What to Watch Out for in a Gold Credit Card Deal

With more rewards you would expect to see more fees and in most cases you would be right. However, if you know what you are looking for, you can sometimes find gold cards which have the same interest rate as a standard card, and even a lower annual fee. When you compare gold credit cards, watch out for:

• Your eligibility. Gold cards typically require you to earn a minimum of $50,000 a year to be eligible, so if you don’t meet this requirement a gold card may not be for you, but knowing the minimum income requirement can save you time in your comparisons.
• A higher interest rate. Typically the interest rate on a gold card is significantly higher than on a standard card, so make sure you compare gold card deals to find the best rate. Also look for a long interest free period to give you time to repay your purchases before they are charged interest, just be careful not to get too comfortable in an interest free period and accrue a balance you can’t afford to repay.
• A higher annual fee. The annual fee of a credit card is applied to your account as a purchase and must be repaid before it accrues interest. If you shop around you can find low or $0 annual fee gold credit cards, or those which will let you qualify for a fee waiver if you spend a certain amount on your card.

To start making comparisons of the best gold credit card deals available now, view our comparison tables. You can compare all of the fees and features clearly, and determine the best gold card deal for you. Then simply follow our secure links directly to the provider’s online application form, to start enjoying the gold treatment wherever you go.

Platinum Cards

A platinum card is often so much more than just a credit card and there are some great deals available on platinum credit card fees and rates that you should consider if you are eligible. A platinum credit card can reserve you a table for dinner, it can protect you and your family at home and overseas and it can even make sure you get home safely if your car breaks down. Therefore if you are looking to upgrade your credit card consider what you can gain from a platinum card deal.

Benefits of Platinum Credit Cards

Owning a platinum card is like gaining entry into an exclusive club, where the concierge, the maitre d’ and your personal assistant are all rolled into one easy credit card service which you can call on at any time of the day or night, from anywhere in the world. If the benefits of being a platinum card holder are sounding good to you, read on to find out about other features you can enjoy:

• No spending limit. That’s right, your credit card provider will not set a limit on your credit card purchases, but will leave that up to you and your income. While your provider will monitor your spending and assess how well you have repaid your balances in the past, and compare your spending to what they know of your income, you don’t have to feel restricted by a credit card limit again.
• All those extra services and more. The service you receive with a platinum card can only begin to be covered here because not only will some platinum cards reserve a table for you at every top restaurant around the country every day just in case you need it, others will be able to source contractors if you are locked out of your house or your bathroom springs a leak. Or, if your car breaks down, you can simply call your platinum credit card provider and they will organise a free tow to get you home. Others will have a one stop service which allows you to cancel all of your credit cards and even your mobile phone service if your wallet or bag is stolen.
• Exclusive offers and invitations. With a platinum card you can find your name on the guest lists of the hottest parties in town and be invited to events, the theatre, sporting matches or social events around Australia.
• A truly rewarding rewards program. When you spend on your platinum card you will often be able to earn up to 2 or 3 points for every $1 you spend. Plus, there will be a number of partnered retailers and providers who will offer you discounts for using your card with them, or credit you bonus rewards points for your purchases.
• Extended travel insurance. The coverage on a platinum card travel insurance policy is often greater than a gold card policy and is offered for longer; where a gold card may offer 3 months travel insurance, a platinum card will typically of 6 months. Your platinum travel insurance will cover you for a greater value if you need to make a claim too.
• Competitive overseas transactions. If you have a platinum card then you probably also have a platinum lifestyle so travel extras are going to be important to you. that is why your overseas transactions will be more affordable with a platinum card, and your exchange rate will be higher.
• Purchase protection and extended manufacturer’s warranty. The protection for your purchases is also greater when you use a platinum card and where a gold card may offer you purchase insurance for 3 months, a platinum card can usually offer you 6 months protection against loss, damage or theft. Also, where a gold card can extend your manufacturer’s warranty by 12 months, your platinum card can offer you up to 24 months.

Platinum Card Features to Be Careful Of

Before you get swept up in the service and extras you can receive as part of a platinum credit card deal, consider the potential expenses and drawbacks of being a platinum card holder:

• A higher minimum income requirement. Most platinum credit cards will require that you earn at least $65,000 a year to be eligible to apply, while many have a much higher requirement. Therefore, before you spend the time comparing platinum card deals make sure your application will be considered.
• A higher interest rate. If you are spending without a limit then interest charges may not really be of a concern, however it is important to remember that the interest rate on a platinum credit card is among the highest you will find on any Australian credit card deal, so make sure you can afford it, and the benefits are worth it.
• A higher annual fee. In some cases a platinum card annual fee can be as much as $900, which the average is around $300 but it is also possible to find much more affordable platinum card fees if you shop around. At the same time, if you’re spending an unlimited amount on your platinum card, you may be happy to pay an annual fee for the myriad of services your card provides.

Before you apply for a new platinum card and prepare to make the most of the elite lifestyle which can accompany a platinum card, compare the credit card deals on offer from platinum card providers to find one which suits your budget – because you should still have some semblance of a budget – and your needs. When you have decided on the best platinum credit card for you, follow our secure links to complete an online application online today, and start enjoying the credit card rewards you deserve.

Editors Choice: Best Credit Card Deals

Credit Card	Card Details	Interest Rate p.a.	Cash Advance Rate p.a.	Balance Transfer Rate p.a.	Annual Fee	Interest Free Days (Up To)
Suncorp Clear Options Standard	An excellent balance transfer offer of 1.9% p.a. for 12 months and a standard purchase rate of 12.24%	12.24%	17.99%	1.9% for 12 months	$39	0	Apply » More »
HSBC Credit Card	Excellent credit card, with a 0% p.a. for 6 months balance transfer offer, and pay $0 for the life of the card	16.99%	20.75%	0% for 6 months	$0	55	Apply » More »
Citibank Emirates Platinum Card	Enjoy 1.9% p.a. for 12 months on balance transfers as well as earn 3 Skywards Miles for every dollar spent, plus all the benefits & privileges of a platinum card.	20.74%	20.74%	1.9% for 12 months	$229	55	Apply » More »