Although they are some of the most prestigious cards on the market, there are no specific features that every gold or platinum card offers.
However, they can come with rewards and perks like:
A higher credit limit
Cashback, vouchers, air miles and other reward schemes
A higher cash withdrawal limit
Lower fees for using the card abroad
Bundled travel insurance
Lower interest rates
0% deals for purchases and balance transfers
A higher level of protection on your purchases
These features are not exclusive to gold or platinum cards though, and can come with other credit cards too.
Where can you find gold and platinum cards?
The table above lets you compare every gold and platinum card available in the UK. It lists the APR, balance transfer deal and interest free period offered by each one.
Are gold and platinum cards the best you can get?
Some of the best cards on the market are gold and platinum cards, but it is not worth getting one just as a status symbol. You could get a better card by just looking for the specific features you need.
Get the best possible deal by comparing cards that are designed for what you need. We have comparison tables for cards that offer the following:
0% balance transfers allow you to pay off an existing credit card interest free
0% purchases cards charge no interest for several months on your first purchases
Money transfer cards let you send cash to your bank account and repay interest free
Reward schemes give you vouchers and other incentives on your spending
Cashback cards give you money back as a percentage of what you spend
Air miles cards give you reward points you can exchange for flights
Low foreign transaction fees keep down the cost of spending abroad
Are you eligible?
Gold and platinum cards usually have stricter application criteria. You may need some or all of the following for your application to be accepted:
A high income (over £40,000, for example)
A strong credit history
A minimum age of 21* or more
However, every provider has different rules on who can apply for each of their cards.
Watch out for annual fees
Some cards have annual fees that could outweigh the benefits on offer. For example, if a platinum card would earn you £50 cashback each year but charged an annual fee of £60, it would not be worth it.