Gold and platinum credit cards available currently.

 

Credit Card	Card Details	Interest Rate	Annual Fee	Interest Free Days	Cash Advanced Rate	Balance Transfer Rate
	The Gold Business Card is a convenient way to pay your business expenses, large and small. It opens more doors for your business and makes running your business easier.	19.99% p.a	$169	up to 55	19.99% p.a	N/A
	Enjoy the freedom of the skies with the AMEX Gold Ascent Credit Card. Offering a $0 Annual Card Fee and up to 44 interest-free days plus complimentary enrolment in Membership Rewards Ascent.	19.99% p.a	$0	up to 44	19.99% p.a	N/A
	Experience a world of privilege and recognition with the American Express® Platinum Card. When you become a Platinum Card member, you'll enjoy 24 hour personalised service seven days a week1, with a team of experts waiting to attend your every request. Extensive travel and lifestyle benefits and extensive privileges are all yours - across the world.	N/A	$900	up to 51	N/A	N/A
	Use your American Express Platinum MoneyBack Credit Card almost anywhere, and you'll earn 5% of your MoneyBack for the first 3 months up to $300 for the first $6000 you spend.	19.99% p.a	$99	up to 44	19.99% p.a	N/A
	Two cards. One account. One credit limit. One statement. Simple.	19.49%	$295	up to 55	20.74%	N/A
	Two cards. One account. One credit limit. One statement. Simple.	19.49% p.a.	$195	up to 55	20.74% p.a	N/A
	With an ANZ Gold credit card you will enjoy peace of mind with two tiers of insurance protection: overseas travel and medical insurance 90-day purchase security insurance	18.99% p.a.	$87	up to 55	20.74% p.a	7.99% p.a. for the first 6 months
	The Bank of Queensland Gold Visa Card brings higher spending limits and puts more benefits within your reach. Q Rewards® program points allow you to fly any airline any time. 1.75 Points for every dollar spent with Q Rewards®	20.24% p.a.	$120	up to 55	20.74% p.a.	1.9% for first 9 months
	The premium card with higher spending limits and comprehensive travel insurance. Q Rewards® program points allow you to fly any airline any time 2 Points for every dollar spent with Q Rewards® Concierge service - like having your very own personal assistant on hand 24 hours a day.	20.24% p.a.	$199	up to 55	20.74% p.a.	3.9% for life
	Great card offering 0% on balance transfers and purchases for the first 6 months!	11.49% p.a.	$49 (save $50 until 31st March)	up to 55	20.99% p.a.	0.0% p.a. for 6 months on Balance Transfers
	Good rewards and benefits on one card and a low 1.9% for the first 12 months for balance transfers.	20.74% p.a.	$149	up to 55	21.24% p.a.	1.9% for 12 months
	Fantastic internet offer and 4.9% on the life of any balance transfers.	20.74% p.a.	$250 - currently 50% off the annual fee.	up to 55	21.24% p.a.	3.9% p.a. for the life of balances transferred
	Transfer your balances from other credit cards and save with a special low interest rate of 2.9% p.a. for 9 months on balance transfers.	19.24% p.a.	$85	up to 55	19.99% p.a.	2.9% p.a. for 9 months
	The ultimate shopping and travel card combining value, prestige and premium benefits	15.74% p.a.	$89	up to 55	21.24% p.a.	3.99% p.a. for 1st 6 months
	The ideal credit card for shopping with a low rate on purchases.	19.99% p.a.	$205	up to 55	19.99% p.a.	3.9& for the life of the balance transfer.

 Gold and Platinum Cards

Gold and platinum credit cards represent the elite credit cards, and usually these are not only indicators of status but a higher income and credit limit as well. The unfortunate part to these credit cards is that they also come with a much higher annual fee than many other types of credit cards.

A credit consumer considering gold and platinum cards will naturally require an adequate income to qualify but also they will probably want a specific purpose for the card before deciding if the credit card is worth the annual fee.

For instance, a consumer who purchases minor items infrequently on their credit cards may find a higher credit limit is simply not worth the higher annual fee charged by these cards. In addition, the credit limit differences between gold cards and platinum cards may be relatively small with some companies. This is important to verify first, as the annual fees will usually be much higher for a platinum card as opposed to a gold or standard card.

On the other hand, the consumer who makes major purchases with their credit card may well benefit from the higher credit limits present on gold or platinum credit cards and the annual fee will be a significant factor for those credit consumers.

At one time platinum credit cards were so exclusive that a consumer had to have an “invitation” in order to obtain one. These days the income requirements may be much laxer and many more people can apply and qualify for these credit cards.

In addition to the higher credit limits represented by the gold and platinum credit cards, many companies have begun to offer “exclusive” extras to holders of these cards. Sometimes these benefits can make a gold or platinum credit card more valuable to the consumer and even save money despite the increased annual fee.

Such extras available as shopper protection, which may extend the store or manufacturer’s warranty up to a year on products purchased with the card, can add a lot of value to the consumer who often purchases electronics or household goods on their card.

Satisfaction guarantees may be included where if a product purchased with the card can be guaranteed up to 60 days after purchase.

These may seem like minor extras but to some consumers the extras make the gold or platinum card annual fees well worth it in terms of protection from loss, breakage or theft.

One final item that should be mentioned is that a consumer who spends little on their credit card may sometimes opt for the higher limit gold or platinum credit cards simply as an emergency line of credit. This may be useful for some consumers who never know when an emergency might come up; on the other hand, a bank loan is usually much less expensive.

Like all credit card choices, the Gold and Platinum credit cards are meant to suit certain incomes, certain spending habits and to provide benefits that other cards may not provide. Higher credit limits are not the only reasons a consumer may choose to use a gold or platinum credit card.