Credit cards for high income earners

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

Updated . What changed?

Fact checked

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Credit cards for high income earners offer larger credit limits and premium perks including frequent flyer programs, concierge services, complimentary insurance and airport lounge passes. 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 gold, platinum and black-tier credit cards

To see more details of each offer and compare cards side by side, use the 'Compare' checkbox.

Data indicated here is updated regularly
Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate Annual fee
Citi Rewards Card
N/A
Citi Rewards Program
1
21.49% p.a.
$49 annual fee for the first year ($149 p.a. thereafter)
Save on interest with 0% p.a. on balance transfers for 30 months with no balance transfer fee. Plus, a $49 first-year annual fee.
Qantas Premier Platinum
100,000
Qantas Frequent Flyer
1
19.99% p.a.
$199 annual fee for the first year ($299 p.a. thereafter)
Get 100,000 bonus Qantas Points, 75 bonus Status Credits and a 0% p.a. balance transfer rate for 18 months (with a one-time 1% BT fee).
ANZ Frequent Flyer Black
120,000
Qantas Frequent Flyer
1
20.24% p.a.
$425
Collect 120,000 bonus Qantas Points and $200 back when you spend $3,000 in the first 3 months. Plus, complimentary lounge passes.
NAB Qantas Rewards Signature Card
130,000
Qantas Frequent Flyer
1
19.99% p.a.
$295 annual fee for the first year ($395 p.a. thereafter)
Up to 130,000 bonus Qantas Points (100k when you spend $3,000 in the first 60 days and 30k after 12 months). Plus, a reduced first year annual fee.
Qantas American Express Ultimate Card
100,000
Qantas Frequent Flyer
1.25
20.74% p.a.
$450
Receive 100,000 bonus Qantas Points and $200 back on your card when you spend $3,000 within the first 3 months. Plus, a yearly $450 Travel Credit.
HSBC Platinum Credit Card - Balance Transfer Offer
N/A
HSBC Rewards Plus
1
19.99% p.a.
$0 annual fee for the first year ($129 p.a. thereafter)
Enjoy a 26-month balance transfer offer, a first-year annual fee waiver and complimentary travel insurance.
Bankwest Breeze Platinum Mastercard
N/A
10.99% p.a.
$0 annual fee for the first year ($69 p.a. thereafter)
Get 0% interest on balance transfers for 26 months, a $0 first-year annual fee, complimentary travel insurance and no foreign transaction fees.
Citi Clear Card
N/A
0.9% p.a. for 15 months, reverts to 14.99% p.a.
$99
Save with 0.9% p.a. for 15 months on purchases and balance transfers. Plus, complimentary purchase insurance cover.
American Express Business Explorer Credit Card - Exclusive Offer
120,000
Membership Rewards Gateway
2
3.99% p.a. for 6 months, reverts to 19.99% p.a.
$149
Finder Exclusive. Ends 01 February 2021.
ABN holders w/ $75,000 revenue. Get 120,000 bonus points when you spend $3,000 in the first 3 months. Plus, 2 airport lounge passes.
Qantas American Express Premium Card
80,000
Qantas Frequent Flyer
1
20.74% p.a.
$249
Enjoy 80,000 bonus Qantas Points, $200 back and 2 complimentary Qantas Club lounge invitations per year.
Westpac Altitude Platinum Qantas
60,000
Qantas Frequent Flyer
0.5
20.49% p.a.
$99 annual fee for the first year ($200 p.a. thereafter)
Get 60,000 bonus Qantas Points when you spend $3,000 within 90 days. Plus, a first-year annual fee discount and a long-term balance transfer offer.
American Express Qantas Business Rewards Card
150,000
Qantas Business Rewards
1.25
N/A
$450
ABN holders w/ $75,000 revenue. Get 150,000 bonus Qantas Points, 2 yearly Qantas Club lounge passes and 3x points on eligible Qantas flights.
Westpac Altitude Platinum Credit Card - Existing Customer Offer
100,000
Westpac Altitude Rewards
1
20.49% p.a.
$0 annual fee for the first year ($150 p.a. thereafter)
Westpac customers only: Earn 100,000 bonus Altitude Points when you spend $3,000 within 90 days. Plus, a first-year annual fee waiver.
Westpac Altitude Platinum Qantas – Existing Customer Offer
75,000
Qantas Frequent Flyer
0.5
20.49% p.a.
$50 annual fee for the first year ($200 p.a. thereafter)
Westpac customers only: Get 75,000 bonus Qantas Points when you spend $3,000 within 90 days. Plus, $50 first-year annual fee.
American Express Explorer Credit Card
150,000
Membership Rewards
2
20.74% p.a.
$395
Get 120,000 bonus points when you spend $3,000 in the first 3 months. Plus, 30,000 points in the second year. Ends 27 Jan 2021.
loading

Compare up to 4 providers

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.

Back to top

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site