In a world with thousands of different credit card products, most consumers have struggled to figure out the best personal finance solution that fits their specific needs.
Unfortunately, this confusion ultimately leads many consumers to settle for less-than-optimal rewards with no annual fee as a “safe” approach.
But as specialists in credit card rewards and travel, we believe that in many cases, annual fees are necessary to unlock a fruitful ecosystem of rewards.
After all, who wouldn’t pay a few hundred dollars to get back thousands of dollars per year?
So in this guide, we’ll show you our favorite credit cardswith annual fees! Look past the annual fee and you’ll see turbocharged rewards, travel benefits, and lifestyle perks that cards with no annual fee can’t even dream of offering.
Why Should You Get a Credit Card With an Annual Fee?
Being deterred by an annual fee when looking for a new credit card can be a shortsighted mindset to have. Credit cards with no annual fee usually offer a fraction of the rewards that cards with an annual fee do.
And when you zoom out on how much you’re spending every year on a credit card, even getting a return on spending of 1% more than the status quo can make it worth it to pay for an annual fee.
Therefore, for most people, certain credit cards with annual fees pay for themselves many times over.
Usually, credit cards with annual fees offer better benefits like better travel insurance, lounge access, or enhanced customer service.
Lastly, credit cards with annual fees usually have fabulous welcome offers to immediately accelerate your accrual of rewards.
With all that being said, if you know the best credit cards with annual fees, why wouldn’t you get one?
Let’s take a look at our favorite personal cards with annual fees!
The 6 Best Personal Credit Cards With Annual Fees
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Card | Benefits | Annual Fee |
The Platinum Card® from American Express |
| $695 () |
Chase Sapphire Preferred® Card |
| $95 |
American Express® Gold Card |
| $250 () |
Chase Sapphire Reserve® |
| $550 |
Citi Strata Premier℠ Card |
| $95 |
Capital One Venture X Rewards Credit Card |
| $395 () |
The Platinum Card® from American Express
BEST LOUNGE ACCESS
The Platinum Card® from American Express
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
(at Amex's secure site)
Apply With Confidence
Know if you're approved withno credit score impact
If you're approved and accept this Card, your credit score may be impacted.
The Platinum Card® from American Express
The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on the Card in your first 6 months of Card Membership.
80,000 points
$1,760
$695
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
When it comes to cards that offer top-notch benefits, you’d be hard-pressed to find a better card out there than The Platinum Card® from American Express.
Make no mistake — the Amex Platinum cardis a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.
Pros
- The best airport lounge access out of any card (by far) — enjoy access to over 1,400 worldwide lounges, including the luxurious Amex Centurion Lounges, Priority Pass lounges, Plaza Premium Lounges, and many more!
- 5x points per dollar spent on flights purchased directly with the airline or with AmexTravel.com (up to $500,000 per year)
- 5x points per dollar spent on prepaid hotels booked with AmexTravel.com
Cons
- $695 annual fee (rates and fees)
- Airline credit does not cover airfare (only incidentals like checked bags)
Read Full Review
- Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
- Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
- $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
- $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peaco*ck, and The Wall Street Journal. Enrollment required.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
- $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
- $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Terms Apply.
- $189 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
- Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 year period for TSA PreCheck® application fee for a 5-year plan only (through a TSA PreCheck® official enrollment provider), when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
- Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
- Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
- $695 annual fee.
- Terms Apply.
Financial Snapshot
- APR: See Pay Over Time APR
- Foreign Transaction Fees:None
Rewards Center
American Express Membership Rewards
Hot Tip:Check to see if you’re eligible for a welcome bonus offer of up to 125k (or 150k) points with the Amex Platinum. The current public offer is 80,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
Without a doubt, our favorite personal card with an annual fee is the Amex Platinum card. It’s almost impossible to find a similar card that offers even a fraction of the travel benefits that this one offers.
Let’s start with earnings:
- Earn 5x Membership Rewards points per $1 spent on flights booked directly with airlines or with AmexTravel.com (up to $500,000 on these purchases per calendar year)
- Earn 5x Membership Rewards points per $1 spent on prepaid hotels booked with AmexTravel.com
- Earn 1x Membership Rewards points per $1 spent on all other purchases
If you’re a frequent traveler, earning 5x points could be huge. But the real selling point of this card is the long list of travel perks (and many are exclusive to this card):
- The ability to book stays using
- The ability to get the best airport lounge access with the American Express Global Lounge Collection
- Complimentary hotel elite status with Hilton Honors (Gold) and Marriott Bonvoy (Gold Elite) upon enrollment
- Complimentary rental car elite status and/or benefits with Avis, Hertz, and National
- An abundance of travel and lifestyle credits, including up to $200 in airline fee credits, up to $200 in prepaid hotel credits on eligible stays, $189 in CLEAR Plus credit, Global Entry or TSA PreCheck application fee credits, up to $100 in Saks Fifth Avenue credits, up to $240 in digital entertainment credits, up to $12.95 in monthly Walmart+ credits, and up to $300 in Equinox credits (note that enrollment is required for select benefits)
The list goes on and on, but other important perks include zero fraud liability, and no foreign transaction fees (see ).
Bottom Line: There’s no card like the Amex Platinum card. Even though the annual fee is hefty, the benefits, rewards, and prestige you get from holding this card make it oh-so-worth-it.
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.
(at Chase's secure site)
Chase Sapphire Preferred® Card
A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
60,000 points
$1,200
$95
21.49%-28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.
Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.
Pros
- 5x points on all travel booked via the Chase Travel portal
- 5x points on select Peloton purchases over $150 (through March 31, 2025)
- 5x points on Lyft purchases (through March 31, 2025)
Cons
- $95annual fee
- No elite benefits like airport lounge access orhotel elite status
Read Full Review
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
- Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
- Member FDIC
Financial Snapshot
- APR: 21.49%-28.49% Variable
- Foreign Transaction Fees:None
Rewards Center
Chase Ultimate Rewards
Our next-favorite credit card with an annual fee is the Chase Sapphire Preferred card. This credit card is one of the best products you can find in the premium market, making it a high-value way to earn lots of rewards at a lower price tag. That’s why we describe this card as the best beginner rewards credit card in the world.
It earns up to 5x Ultimate Rewards points:
- 5x points per $1 spent on all travel booked through the Chase travel portal
- 5x points Lyft (through March 31, 2025)
- 5x points on Peloton equipment and accessory purchases over $250 (through March 31, 2025)
- 3x points per $1 spent on dining, select streaming services, and online groceries
- 2x points per $1 spent on travel
- 1x points per $1 on all other purchases
This credit card comes with a neat 10% anniversary rewards bonus every year, allowing you to earn even more points every year!
There’s a $50 annual credit towards hotel stays booked through the Chase Travel portal, but what we love is the quality of the travel insurance from a credit card with a low annual fee. You’ll get primary car rental insurance, trip cancellation and interruption insurance, and so much more. Shop with ease with purchase protection, extended warranty, and of course, zero fraud liability. There are no foreign transaction fees or authorized user fees.
Hot Tip: For more affordable rewards cards, read our detailed guide to the best credit cards with annual fees under $100. We even have a guide to the best no-annual-fee credit cards to maximize your rewards.
American Express® Gold Card
BEST FOR DINING
American Express® Gold Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!
(at Amex's secure site)
Apply With Confidence
Know if you're approved withno credit score impact
If you're approved and accept this Card, your credit score may be impacted.
American Express® Gold Card
This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!
Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months.
60,000 points
$1,320
$250
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
The American Express® Gold Cardis a game-changer.
With this card, you can earn 4x Membership Rewards points at restaurants and you’ll also earn 4x Membership Rewards points at U.S. supermarkets on up to $25,000 per calendar year in purchases, then 1x.
There isn’t another card on the market that offers a 1-2 punch like this. Of course, there are several other benefits of the Gold Card as well, including extra monthly dining rewards and more.
Pros
- 4x points per dollar at restaurants, plus takeout and delivery in the U.S.
- 4x points per dollar at U.S. supermarkets, up to $25,000 per calendar year in purchases; and 1x thereafter
- 3x points per dollar on flights purchased directly from airlines or at AmexTravel.com
Cons
- $250 annual fee (see rates and fees)
- No lounge access
Read Full Review
- Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
- Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
- Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
- $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
- Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property.
- Choose the color that suits your style. Gold or Rose Gold.
- No Foreign Transaction Fees.
- Annual Fee is $250.
- Terms Apply.
Financial Snapshot
- APR: See Pay Over Time APR
- Foreign Transaction Fees:None
Rewards Center
American Express Membership Rewards
Hot Tip:Check to see if you’re eligible for a welcome bonus offer of up to 90,000 points with the Amex Gold card. The current public offer is 60,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
The Amex Gold card is our favorite card for everyday spending because of its enormous rewards categories and fantastic welcome offer.
To be specific, you will earn:
- 4x Membership Rewards pointsper $1 spent at restaurants, including takeout and delivery in the U.S.
- 4x Membership Rewards points per $1 at U.S. supermarkets, up to $25,000 in purchases every calendar year (1x points thereafter)
- 3x Membership Rewards pointsper $1 on flights purchased directly with the airline or atAmexTravel.com
- 1x Membership Rewards points per $1 on all other purchases
You’ll also get up to $240 in statement credits every year:
- Up to $120 in Uber Cash for rides or Uber Eats orders in the U.S. ($10 per month)
- Up to $120 in dining credits at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required. ($10 per month)
If you use the statement credits, that’ll almost pay for the annual fee every year! On top of this, earning 4x points is equal to a return on spending of around 8.8%, which is phenomenal.
This card also allows you to get access to The Hotel Collection, Amex Offers, and more. There are no foreign transaction fees or authorized user fees (see ).
Bottom Line: If you love food, whether it’s eating out, cooking at home, or ordering delivery, you need to have the Amex Gold card in your wallet.
Chase Sapphire Reserve®
Chase Sapphire Reserve®
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
(at Chase's secure site)
Chase Sapphire Reserve®
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠
60,000 points
$1,200
$550
22.49%-29.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-850)
If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve®is one of the best options out there.
The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options. Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.
Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!
Pros
- 10x total points on hotels and car rentals when you purchase travel through Chase TravelSM immediately after the first $300 is spent on travel purchases annually
- 10x points on Lyft purchases March 31, 2025
- 10x points on Peloton equipment and accessory purchases over $250 through March 31, 2025
Cons
- $550annual fee
- Does not offer any sort of hotel elite status
Read Full Review
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
- $300 Annual Travel Credit as reimbursem*nt for travel purchases charged to your card each account anniversary year.
- Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
- Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Member FDIC
Financial Snapshot
- APR: 22.49%-29.49% Variable
- Foreign Transaction Fees:None
Rewards Center
Chase Ultimate Rewards
The Chase Sapphire Reserve card is Chase’s ultra-premium rewards credit card, and this product earns up to 10x Ultimate Rewards points (in addition to a solid welcome offer):
- 10x points on car rentals, hotels, and dining booked via the Chase travel portal
- 10x points on Peloton equipment and accessory purchases over $250 (through March 31, 2025)
- 5x points on airfare booked via the Chase travel portal
- 3x points on dining andtravel purchases
- 1x points on all other purchases
Although the most notable perks are the ability to redeem points for 50% more value through the Chase travel portal at 1.5 cents per point and $300 travel credit every cardmember year, you’ll want to pay close attention to some other unique perks:
- The ability to use Pay Yourself Back to make your points worth up to 50% more in select rotating categories
- Complimentary Priority Pass Select membership
- Access to
- Amazing travel insurance coverage
- Global Entry, TSA PreCheck, or NEXUS application fee credit
- No foreign transaction fees
Citi Strata Premier℠ Card
Citi Strata Premier℠ Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
Citi Strata Premier℠ Card
Earn 70,000 bonus ThankYou® Points after spending $4,000 in the first 3 months of account opening, redeemable for $700 in gift cards or travel rewards at thankyou.com
70,000 points
$1,120
$95
21.24%- 29.24% Variable APR
The Citi Strata Premier℠ Card is a great all-around travel rewards card that allows you to earn big rewards on a variety of purchases like air travel, at restaurants, supermarkets, gas stations, and more, along with flexible redemption options, all for a modest annual fee.
Pros
- 10x points on hotels, car rentals, and attractions booked through CitiTravel.com
- 3x points on air travel, other hotel purchases, restaurants, supermarkets, gas stations, and EV charging stations
- $100 annual hotel benefit
Cons
- $95 annual fee
Read Full Review
- Earn 70,000 bonus ThankYou® Points after spending $4,000 in the first 3 months of account opening, redeemable for $700 in gift cards or travel rewards at thankyou.com
- Earn 10 points per $1 spent on Hotels, Car Rentals, and Attractions booked on CitiTravel.com.
- Earn 3 points per $1 on Air Travel and Other Hotel Purchases, at Restaurants, Supermarkets, Gas and EV Charging Stations.
- Earn 1 Point per $1 spent on all other purchases
- $100 Annual Hotel Benefit: Once per calendar year, enjoy $100 off a single hotel stay of $500 or more (excluding taxes and fees) when booked through CitiTravel.com. Benefit applied instantly at time of booking.
- No expiration and no limit to the amount of points you can earn with this card
- No Foreign Transaction Fees on purchases
Financial Snapshot
- APR: 21.24%- 29.24% Variable APR
- Foreign Transaction Fees:None
The Citi Strata Premier card is, surprisingly, one of the best credit cards, thanks to the abundance of useful bonus categories for everyday spending.
First, the welcome offer is substantial, and you can earn according to this bulleted list of bonus categories:
- 10x points on hotels, car rentals, and attractions booked throughCitiTravel.com
- 3x ThankYou Points on air travel, hotels, restaurants, supermarkets,gas stations, and EV charging stations
- 1x ThankYou Points on all other purchases
Even though this credit card doesn’t offer lounge access or a bunch of other perks offered by more premium credit cards, you will get:
- $100 in annual hotel savings when you book a single hotel stay of $50 or more, excluding taxes and fees, via thankyou.com or 800-THANKYOU (once per calendar year)
- Purchase protection
- Extended warranty
- Zero fraud liability
- Access to Citi Entertainment and Citi Concierge
This card is great for everyday spending, but it’s pretty weak in travel insurance, so just keep that in mind.
Capital One Venture X Rewards Credit Card
Capital One Venture X Rewards Credit Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.
(at Capital One's secure site)
Capital One Venture X Rewards Credit Card
The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.
75,000 miles
$1,350
$395
19.99% - 29.99% (Variable)
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-840)
The Capital One Venture X Rewards Credit Card is the premium Capital One travel rewards card on the block.
Points and miles fans will be surprised to see that the Capital One Venture X card packs quite the punch when it comes to bookings made through Capital One, all while offering the lowest annual fee among premium credit cards.
Depending on your travel goals and preferences, the Capital One Venture X card could very well end up being your go-to card in your wallet.
Pros
- 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
- 5x miles per $1 on flights purchased through Capital One Travel
- 2x miles per $1 on all other purchases
Cons
- $395 annual fee ()
- Does not offer bonus categories for flights or hotel purchases made directly with the airline or hotel group, the preferred booking method for those looking to earn elite status
Read Full Review
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
- Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
- Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
- Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
- Earn unlimited 2X miles on all other purchases
- Unlimited complimentary access for you and two guests to 1,300+ lounges, including Capital One Lounges and the Partner Lounge Network
- Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
- Elevate every hotel stay from the Premier or Lifestyle Collections with a suite of cardholder benefits, like an experience credit, room upgrades, and more
- Receive up to a $100 credit for Global Entry or TSA PreCheck®
Financial Snapshot
- APR: 19.99% - 29.99% (Variable)
- Foreign Transaction Fees:None
Rewards Center
Capital One Miles
The last personal credit card we’ll discuss is Capital One’s ultra-premium product.
The Capital One Venture X card packs an enormous list of rewards and benefits into a streamlined product.
To start, there’s a huge welcome offer that complements the earning structure very well:
- 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
- 5x miles per $1 on flights purchased through Capital One Travel
- 2x miles per $1 on all other purchases
Best of all, these miles are transferable to airline and hotel partners for maximum value!
There’s an $300 annual travel credit for bookings made through Capital One Travel, a 10,000-mile bonus every account anniversary year, access to airport lounges including Capital One Lounges, Plaza Premium Lounges, and Priority Pass lounges, a Global Entry or a TSA PreCheck application fee credit, and complimentary Hertz President’s Circle status.
Plus, this card has superb cell phone insurance, car rental insurance, travel insurance, the ability to add up to 4 authorized users for no additional annual fee (), and no foreign transaction fees ().
Hot Tip: Check out our complete guide to break-even spending for credit card annual fees!
The 5 Best Business Credit Cards With Annual Fees
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Card | Benefits | Annual Fee |
American Express® Business Gold Card |
| $375 () |
Ink Business Preferred® Credit Card |
| $95 |
The Business Platinum Card® from American Express |
| $695 () |
The Hilton Honors American Express Business Card |
| $195 () |
Marriott Bonvoy Business® American Express® Card |
| $125 () |
Now that we’ve gone over the personal options in detail, let’s look at our favorite business cards with annual fees.
American Express® Business Gold Card
BEST FOR BONUSES
American Express® Business Gold Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
Get 4x points in 2 select categories where your business spends the most each month (on your first $150,000 spent each year).
(at Amex's secure site)
American Express® Business Gold Card
Get 4x points in 2 select categories where your business spends the most each month (on your first $150,000 spent each year).
Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership
70,000 points
$1,540
$375
19.49% - 28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
The American Express® Business Gold Card is excellent at racking up rewards for your business spend.
The card earns a whopping 4x points per $1 in the 2 categories (from a list of 6) that your business spends the most money on each month. With no need to opt-in or preselect your categories, so you can focus on what matters most — running your business.
Pros
- 4x points per dollar spent on your 2 highest purchase categorieseach month up to $150,000 each calendar year in purchases; categories include:
- NEW! Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
- NEW!U.S. purchases made from electronic goods retailers and software & cloud system providers
- NEW!Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
- U.S. purchases at gas stations
- U.S. purchases at restaurants, including takeout and delivery
- Purchases at U.S. media providers for advertising in select media (online such as Google Ads, Facebook Ads, plus TV and radio)
- 3x points per dollar on flights and prepaid hotels booked on amextravel.com using your Business Gold Card
- Access to Amex’s The Hotel Collection
Cons
- $375 annual fee (rates and fees)
- No elite travel benefits like airport lounge access or elite status
Read Full Review
- Welcome Offer: Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- Earn 4X Membership Rewards® points on the 2 categories where your business spends the most each billing cycle from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.
- Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.
- Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
- Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.
- Your Card – Your Choice. Choose from Gold or Rose Gold.
- *Terms Apply
Financial Snapshot
- APR: 19.49% - 28.49% Variable
- Foreign Transaction Fees:None
Rewards Center
American Express Membership Rewards
Hot Tip:Check to see if you’re eligible for a huge welcome bonus offer of up to 110,000 points with the Amex Business Gold card! The current public offer is 70,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
The Amex Business Gold card is our favorite business card with an annual fee because of its extensive bonus categories.
There’s a substantial welcome offer currently. This card earns4x Membership Rewards points on the top 2 categories in which your business spends the most every month(up to $150,000 in combined purchases every calendar year):
But if you max this cap out, you’ll get a whopping 600,000 points every calendar year, worth more than $13,000 by our valuations. You’ll also earn 3x points on flights and prepaid hotels booked through AmexTravel.com and 1x points on all other eligible purchases.
Beyond that, you can enjoy no preset spending limit, no foreign transaction fees, and up to 99 total employee cards with no annual fee after the first employee card with a $50 annual fee (see ).
Ink Business Preferred® Credit Card
100K-POINT OFFER
Ink Business Preferred® Credit Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
(at Chase's secure site)
Ink Business Preferred® Credit Card
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel
100,000 points
$2,000
$95
21.24%-26.24% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.
Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.
Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.
Pros
- 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
- Cell phone protection
- Purchase protection
Cons
- No elite travel benefits like airport lounge access
Read Full Review
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Travel℠
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Financial Snapshot
- APR: 21.24%-26.24% Variable
- Foreign Transaction Fees:None
Rewards Center
Chase Ultimate Rewards
Known as the king of small business credit cards, the Ink Business Preferred card has a huge welcome offer, great spending categories for businesses, and awesome travel insurance.
The welcome offer alone is worth a couple of thousand dollars to begin with, and you’ll earn 3x Ultimate Rewards points per dollar on up to $150,000 in combined purchases per anniversary year on these categories:
- Ads purchased with search engines or social media sites
- Internet, cable, and phone services
- Shipping expenses
- Travel
Everything else earns 1x points, and you can maximize the travel insurance (including primary rental car insurance), cell phone insurance, purchase protection, extended warranty, and zero liability fraud protection. Pay no foreign transaction fees or employee card fees.
The Business Platinum Card® from American Express
150K OFFER
The Business Platinum Card® from American Express
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
(at Amex's secure site)
The Business Platinum Card® from American Express
This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
150,000 points
$3,300
$695
19.49% - 28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.
When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.
Hot Tip:Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 150,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
Pros
- 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
- Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
- Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)
Cons
- High annual fee of $695 ()
- Airline fee credit does not cover airfare, only incidentals like checked bags
Read Full Review
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first yearof membershipwiththe Business Platinum Card®.Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to theCard.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Financial Snapshot
- APR: 19.49% - 28.49% Variable
- Foreign Transaction Fees:None
Rewards Center
American Express Membership Rewards
Hot Tip:Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 150,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
The Amex Business Platinum card is one of the most popular business cards in the U.S., and for good reason! This is one of the few rewards cards that businesses can use to facilitate large purchasing budgets.
Here are how the rewards are broken down:
- 5x Membership Rewards points on flights and prepaid hotels with AmexTravel.com
- 1.5x Membership Rewards points eligible purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year
- 1x Membership Rewards points on all other purchases
You’ll get all kinds of perks with this card, including top-notch lounge access with the American Express Global Lounge Collection, access to Fine Hotels & Resorts, hotel and car rental elite status, and a 35% Pay with Points rebate (up to 1,000,000 points back per calendar year).
This card has statement credits galore, valued at over $1,000 per year, including up to $200 in airline fee credits, up to $189 in CLEAR Plus credits, up to $400 in statement credits for U.S. purchases with Dell, up to $360 in Indeed credits, up to $150 in Adobe credits, and up to $120 in wireless credits.
This card has no preset spending limit, access to Amex Offers, and more!
The Hilton Honors American Express Business Card
The Hilton Honors American Express Business Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
An excellent option for business owners and business travelers who stay at Hilton properties often and want perks like Hilton Honors elite status.
(at Amex's secure site)
The Hilton Honors American Express Business Card
An excellent option for business owners and business travelers who stay at Hilton properties often and want perks like Hilton Honors elite status.
Welcome Offer: Earn 130,000 Hilton Honors Bonus Points after you spend $6,000 in purchases on the Hilton Honors Business Card within the first six months of Card Membership.
130,000 points
$650
$195
20.99% - 29.99% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
For frequent business travelers who regularly stay in Hilton hotels, The Hilton Honors American Express Business Card is a great option.
Not only will the card help you earn more points on all of your Hilton stays, but you’ll also receive automatic elite status and travel protections.
Here’s a detailed look at all the benefits this card offers so that you can determine if it’s a good fit for you.
Pros
- Earn 12x points per $1 on eligible Hilton purchases
- Earn 5x points on other purchases made for the first $100,000 in purchases each calendar year, 3x points thereafter.
- Complimentary Hilton Honors Gold status, and the ability to spend your way to Diamond status
Cons
- $195 annual fee (rates and fees)
Read Full Review
- Welcome Offer: Earn 130,000 Hilton Honors Bonus Points after you spend $6,000 in purchases on the Hilton Honors Business Card within the first six months of Card Membership.
- Earn 12X Hilton Honors Bonus Points on eligible Hilton purchases.
- Earn5X Hilton Honors Bonus Pointson other purchases made using theHilton Honors Business Card on thefirst$100,000 in purchases eachcalendar year, 3X points thereafter.
- Enjoyup to $240 back each year for eligible purchases made directly with Hilton.
- Enjoy complimentary Hilton Honors™Gold Status with your Hilton Honors Business Card.With Hilton Honors Gold status,you can enjoy benefits at hotels and resorts within the Hilton Portfolio. As a Gold member, earn an 80% Bonus on all BasePoints you earnon every stay getting you to free nights faster.
- You may receive an upgrade to Hilton Honors Diamond status through the end of the calendar year if the total eligible purchases on your Card Account during acalendar year reach $40,000 or more.
- Enjoy complimentary National Car Rental® Emerald Club Executive® status. Enrollment in the complimentaryEmerald Club® program is required. Terms apply.
- Terms apply.
Financial Snapshot
- APR: 20.99% - 29.99% Variable
- Foreign Transaction Fees:None
Rewards Center
Hilton Honors loyalty program
The Hilton Business Amex card offers excellent hotel benefits with an affordable price point, making it an awesome annual fee business credit card.
There’s often a 6-figure welcome offer, and you can earn up to 12x Hilton Honors points:
- 12x points per $1 on Hilton purchases
- 5x points on other purchases made for the first $100,000 each calendar year, then 3x points thereafter.
Plus, there’s automatic Hilton Honors Gold status, the ability to spend your way to top-tier Diamond status, get up to $240 back each year for eligible purchases made directly with Hilton, and no foreign transaction fees.
Marriott Bonvoy Business® American Express® Card
LIMITED TIME OFFER
Marriott Bonvoy Business® American Express® Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
A great option for business owners who stay in Marriott hotels and want automatic elite status.
(at Amex's secure site)
Marriott Bonvoy Business® American Express® Card
A great option for business owners who stay in Marriott hotels and want automatic elite status.
Limited Time Offer: Earn 5 Free Night Awards, valued at up to 50K points each for eligible stays. Offer ends 7/10. Resort fees & terms apply.
5 Free Night Awards
$1,750
$125
20.99% - 29.99% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)
Business travelers who opt for Marriott as their hotel chain of choice will definitely want to consider the Marriott Bonvoy Business® American Express® Card. The card offers great benefits to cardholders like a complimentary hotel night once a year, complimentary Gold Elite status, and multiple point redemption options.
Pros
- 6x Marriott Bonvoy points on each dollar of eligible purchases at hotels participating in the Marriott Bonvoy® program.
- 4x points for purchases made at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping.
- 2x points per $1 on all other purchases
Cons
- Moderate annual fee of $125 (rates and fees)
- No premium perks like airport lounge access
Read Full Review
- Limited Time Offer: Earn 5 Free Night Awards, valued at up to 50K points each for eligible stays. Offer ends 7/10. Resort fees & terms apply.
- Receive a 7% discount on eligible bookings as a benefit of being both a Marriott Bonvoy® member & a Marriott Bonvoy Business® American Express® Card Member when you book directly with Marriott through an eligible channel for a participating property under the Amex Business Card Rate.
- 6x Marriott Bonvoy points on each dollar of eligible purchases at hotels participating in the Marriott Bonvoy® program.
- 4x points for purchases made at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping.
- 2x points on all other eligible purchases.
- Receive 1 Free Night Award every year after your Card renewal month. Plus, earn an additional Free Night Award after you spend $60K in purchases on your Card in a calendar year. Award can be used for one night (redemption level at or under 35,000 Marriott Bonvoy® points) at hotels participating in Marriott Bonvoy®. Certain hotels have resort fees.
- Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Marriott Bonvoy Business® American Express® Card.
- Terms apply.
Financial Snapshot
- APR: 20.99% - 29.99% Variable
- Foreign Transaction Fees:None
Rewards Center
Marriott Bonvoy
The last business card we’ll discuss is the Marriott Bonvoy Business card, and it’s a fantastic fit for business owners that frequently stay at Marriott properties.
Note that you can earn up to 6x Marriott Bonvoy points as shown below:
- 6x points per $1 spent at hotels participating in the Marriott Bonvoy program
- 4x points per $1 at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers, and on U.S. purchases for shipping
- 2x points per $1 on all other purchases
This card also gets you closer to Marriott Bonvoy elite status, thanks to the 15 Elite Night Credits you get every year. Get a free night award after each cardmember anniversary, valued at up to 35,000 points!
Lastly, enjoy complimentary Marriott Bonvoy Gold Elite status, no foreign transaction fees, and no-additional-fee employee cards ().
Final Thoughts
When it comes to credit cards with annual fees, American Express, Chase, Capital One, and Citi are the industry leaders.
American Express typically offers the best travel benefits. Both Amex and Chase compete for the best bonus categories. Capital One leads the pack in simple rewards with its unlimited 2x miles offerings. Citi also delivers value, too.
If you can look past the annual fee on a credit card, you’ll realize that you’ll receive so much more value than what you paid in annual fees with the right products for your situation.
Start leveraging credit cards with annual fees today!
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Enrollment required through Capital One website or mobile app. Upon enrollment, eligible cardholders will remain at upgraded status level through December 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
No Preset Spending Limit on an American Express card means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.
The information regarding the Citi Strata Premier℠ Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
For rates and fees of The Platinum Card® from American Express, click here.
For rates and fees of the American Express® Gold Card, clickhere.
For rates and fees of the American Express® Business Gold Card, click here.
For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees of The Hilton Honors American Express Business Card, clickhere.
For rates and fees of the Marriott Bonvoy Business® American Express® Card, click here.
