Credit cards for high income earners

Compare credit cards with premium features, frequent flyer perks and high minimum income requirements.

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Young business woman

Credit cards for high income earners usually offer larger credit limits and premium perks including frequent flyer programs, concierge services, complimentary insurance and airport lounge passes. The benefits usually come at the cost of higher annual fees and interest rates. You can use this guide to compare credit cards with high income requirements and learn more about the features you can expect from these cards.

Compare credit cards with high minimum income requirements

Data indicated here is updated regularly
Name Product Bonus Points Rewards program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
HSBC Platinum Credit Card - Balance Transfer Offer
HSBC Rewards Plus
Visa/MC
1
19.99% p.a.
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
Bankwest Zero Platinum Mastercard
17.99% p.a.
$0 p.a.
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and a balance transfer offer.
Westpac Altitude Platinum Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
20.49% p.a.
$200 p.a.
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days.
St.George Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Features an introductory 0% p.a. purchase rate, $49 first year annual fee and complimentary travel insurance covers. Ends 2 June 2020.
St.George Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Earn 60,000 bonus Qantas Points, plus enjoy 0% p.a. on balance transfers for 6 months and complimentary insurance covers. Ends 2 June 2020.
Qantas Premier Platinum
100,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
19.99% p.a.
$299 p.a.
Get up to 100,000 bonus Qantas Points, 75 bonus Status Credits and a 0% p.a. balance transfer rate for the first 18 months.
Citi Rewards Card - Exclusive Offer
Citi Rewards Program
Visa/MC
1
21.49% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
Finder Exclusive
Save with 0% p.a. interest on balance transfers for the first 26 months (with a 1.5% BT fee) and a $0 annual fee for the first year.
BankSA Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and earn up to 0.5 Qantas Points per $1 spent. Ends 2 June 2020.
Bank of Melbourne Amplify Platinum - Qantas
60,000 bonus points
Qantas Frequent Flyer
Visa/MC
0.5
19.74% p.a.
$99 p.a.
Receive 60,000 bonus Qantas Points when you spend $2,000 within 90 days and earn up to 0.5 Qantas Points per $1 spent. Ends 2 June 2020.
American Express Qantas Business Rewards Card
140,000 bonus points
Qantas Business Rewards
Amex
1.25
N/A
$450 p.a.
ABN holders w/ $75,000 revenue. Get 140,000 bonus points, 3x points on eligible Qantas flights & 2 lounge passes per year.
Westpac Altitude Platinum Card
80,000 bonus points
Westpac Altitude Rewards
Visa/MC
1
20.49% p.a.
$150 p.a.
Earn 80,000 bonus Altitude Points when you spend $3,000 within 90 days. Plus, complimentary travel insurance covers.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
Amex
1.25
20.74% p.a.
$450 p.a.
Get 55,000 bonus Qantas Points, a $450 Qantas Travel Credit and 2 yearly complimentary Qantas Club lounge invitations with this premium card.
St.George Amplify Platinum
100,000 bonus points
Amplify Rewards
Visa/MC
1
19.74% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 100,000 bonus Amplify Points (70k in the first year & 30k in the second year) when you spend $6k/year for the first 2 years. Ends 2 June 2020.
David Jones American Express Platinum Card
30,000 bonus points
Qantas Frequent Flyer
Membership Rewards
Amex
1
20.74% p.a.
$295 p.a.
DJ's shoppers and Qantas travellers earn 30,000 bonus Membership Rewards Points or 15,000 Qantas Points on eligible spend.
St.George Amplify Signature
200,000 bonus points
Amplify Rewards
Visa/MC
1.5
19.74% p.a.
$139 p.a. annual fee for the first year ($279 p.a. thereafter)
Up to 200,000 bonus Amplify Points (130k in the first year & 70k in the second year) when you spend $12k/year for the first 2 years. Ends 2 June 2020.
American Express Platinum Card
80,000 bonus points
Membership Rewards Ascent Premium
Amex
2.25
N/A
$1,450 p.a.
Receive 80,000 bonus Membership Rewards Points, a $450 annual Platinum Travel Credit, dedicated personal service and luxury travel perks.
American Express Explorer Credit Card
50,000 bonus points
Membership Rewards
Amex
2
20.74% p.a.
$395 p.a.
Get 50,000 bonus points when you spend $3,000 in the first 3 months, a yearly $400 Travel Credit and 2 entries per year to the Amex Lounge.
American Express Platinum Edge Credit Card
Membership Rewards Ascent
Amex
1
20.74% p.a.
$195 p.a.
Receive a yearly $200 Travel Credit and complimentary domestic and international travel insurance, plus up to 3 Membership Rewards Points / $1.
BankSA Amplify Platinum - Bonus Points
100,000 bonus points
Amplify Rewards
Visa/MC
1
19.74% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
Up to 100,000 bonus Amplify Points (70k in the first year & 30k in the second year) when you spend $6k/year for the first 2 years. Ends 2 June 2020.
St.George Rainbow Vertigo Platinum
0% for 15 months, reverts to 12.99% p.a.
$49 p.a. annual fee for the first year ($99 p.a. thereafter)
All the platinum features of the Vertigo Platinum Visa with a rainbow design in support of the LGBT community. Ends 2 June 2020.
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Data indicated here is updated regularly
Name Product Bonus Points Rewards program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
American Express Gold Business Card
50,000 bonus points
Membership Rewards Ascent
Amex
1.5
N/A
$169 p.a.
ABN holders w/ $75,000 revenue. Get 50,000 bonus Membership Rewards Points and get up to 51 days to pay for purchases.
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Data indicated here is updated regularly
Name Product Bonus Points Rewards program Rewards Points per $ spent Purchase rate (p.a.) Annual fee
ANZ Frequent Flyer Black
120,000 bonus points
Qantas Frequent Flyer
Visa/MC
1
20.24% p.a.
$425 p.a.
Earn 120,000 bonus Qantas Points & $275 back when you spend $4,000 in the first 3 months. Plus, airport lounge passes. Ends 9 June 2020.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
Amex
1.25
20.74% p.a.
$450 p.a.
Get 55,000 bonus Qantas Points, a $450 Qantas Travel Credit and 2 yearly complimentary Qantas Club lounge invitations with this premium card.
Westpac Altitude Black
150,000 bonus points
Westpac Altitude Rewards
Visa/MC
1.25
20.49% p.a.
$250 p.a.
Earn 150,000 bonus Altitude Points when you meet the spend requirement. Plus, 2 yearly Priority Pass lounge invitations.
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What is a high income credit card?

When you apply for a credit card, you may be required to meet a minimum annual income requirement to be approved. A card with a "high" income requirement could range between $35,000 and $1o0,000 per year. They're suited to people who regularly spend with a credit card, will repay their balance in full each month and can take full advantage of the card's features to justify the annual fee.

What features can I expect from one of these credit cards?

The specific features will vary between products, but credit cards for high income earners can offer the following:

  • Frequent flyer or rewards points. Some of these credit cards are linked with frequent flyer programs or rewards points. You can earn points as you spend and redeem them for rewards including flights, accommodation, gift cards and more. These cards often reward new cardholders with thousands of bonus points when they sign up and meet the spend requirement.
  • Travel perks. This could include passes to airport lounges, travel credits, flight vouchers.
  • Complimentary insurance. These cards usually offer complimentary travel insurance and purchase covers including extended warranty protection. Eligibility criteria, inclusions and exclusions apply, so make sure to check out the insurance policy documents.
  • Concierge service. Many platinum cards come with a personal concierge service who can help you with anything from organising a holiday, booking a work function or organising a gift for a loved one.
  • Higher credit limit. The credit limit you're approved for will vary depending on your financial situation, but these cards usually offer higher credit limits than other lower-tier products.

Credit cards with high minimum income requirements often come with competitive benefits. The income criteria is just one of many factors that the lender will consider when reviewing your credit card application, so make sure to consider the other requirements before you apply.

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Credit Cards Comparison

Data indicated here is updated regularly
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Save with a 22-month balance transfer offer. Plus, lounge passes, travel insurance and an annual fee refund when you spend an eligible $6k/year.
St.George Vertigo Classic
13.99% p.a.
0% p.a. for 18 months
$55 p.a.
Get 0% p.a. on balance transfers for up to 18 months with no balance transfer fee. Plus, a low annual fee and purchase rate. Ends 2 June 2020.
ANZ Frequent Flyer Black
20.24% p.a.
20.24% p.a.
$425 p.a.
Earn 120,000 bonus Qantas Points & $275 back when you spend $4,000 in the first 3 months. Plus, airport lounge passes. Ends 9 June 2020.
Westpac Low Rate Card
2019 Winner
Westpac Low Rate Card
13.74% p.a.
0% p.a. for 16 months
$59 p.a.
A no frills, low rate card offering 0% p.a. interest on balance transfers for the first 16 months, with no balance transfer fee.
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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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