Best Reward Credit Cards 2017 High Net Worth

Top Reward Credit Cards for High Net Worth Individuals in 2017 with High Reward Multipliers

Best reward credit cards 2017 high net worth – High net worth individuals are known for their love of luxury and exclusivity. When it comes to credit cards, they’re looking for rewards that match their refined tastes. In 2017, several credit cards rose to the top, offering high reward multipliers in categories that resonate with this demographic.For high-net-worth individuals, travel rewards are a top priority. They often travel extensively, whether for business or pleasure, and want to earn rewards that can help them experience the finest in travel.

Credit cards that offer high reward multipliers for travel-related purchases, such as hotels, airlines, and car rentals, are a natural fit.

Top Travel Reward Credit Cards, Best reward credit cards 2017 high net worth

In 2017, several credit cards stood out for their high travel rewards. One of the top performers was the Citi Premier Card, which offered 3X points on travel purchases (including gas stations), plus a 60,000-point welcome bonus after spending $4,000 within the first 3 months. Other top travel reward credit cards included:

• The Chase Sapphire Preferred Card, which offered 2X points on travel and dining purchases, plus a 60,000-point welcome bonus after spending $4,000 within the first 3 months.
• The Barclays Arrival Plus World Elite MasterCard, which offered 2X miles on all purchases, with no foreign transaction fees.

These credit cards offered the best travel rewards, but they also required responsible spending habits and timely payments to earn and redeem rewards effectively.

Luxury Goods and Dining Rewards

High-net-worth individuals often enjoy fine dining, luxury goods, and other exclusive experiences. Credit cards that offer high reward multipliers for these categories are a great fit.The American Express Platinum Card was a standout in 2017, offering 5X points on air travel and hotels booked directly with airlines or hotels, plus a 60,000-point welcome bonus after spending $5,000 within the first 3 months.

Other credit cards with luxury goods and dining rewards included:

• The Chase Sapphire Reserve Card, which offered 3X points on travel and dining, plus a $300 annual travel credit, $100 Global Entry fee credit, and a 50,000-point welcome bonus after spending $4,000 within the first 3 months.
• The Citi Aadvantage Executive World Elite Card, which offered 2X miles on American Airlines purchases, plus a $100 credit toward Global Entry fee, and a 75,000-mile welcome bonus after spending $7,500 within the first 3 months.

These credit cards offered high reward multipliers for luxury goods and dining, but required responsible spending habits and timely payments to earn and redeem rewards effectively.

High-Net-Worth Individual Rewards

High-net-worth individuals often require more sophisticated rewards programs that cater to their exclusive tastes. Credit cards that offer personalized service, exclusive benefits, and high-end rewards are a natural fit.The American Express Centurion Card was designed specifically for high-net-worth individuals, offering 3X points on air travel and hotels booked directly with airlines or hotels, plus a 60,000-point welcome bonus after spending $10,000 within the first 3 months.

Other credit cards tailored for high-net-worth individuals included:

• The Chase Private Client program, which offered personalized service, high-end rewards, and travel perks for individuals with net worth over $250,000.
• The American Express Platinum Card, which offered high-end rewards, exclusive benefits, and personalized service for individuals with credit card spend over $100,000 per year.

These credit cards offered high-end rewards and exclusive benefits, but required responsible spending habits and timely payments to earn and redeem rewards effectively.

Comparison of Annual Fees and Sign-up Bonuses of High-End Reward Credit Cards in 2017

When it comes to high-end reward credit cards, the old adage “you get what you pay for” really holds true. For high-net-worth individuals, the cost of an annual fee can be a worthwhile investment if it means earning rewards that are truly valuable. But how do these individuals decide which credit card is the right choice for their lifestyle and spending habits?For high-net-worth individuals, income level plays a significant role in the selection of a reward credit card with a high annual fee and generous sign-up bonus.

Let’s take a look at some examples of credit cards that cater to different high-net-worth segments, such as business owners, entrepreneurs, or professionals with varying income ranges.

Business Owners

Business owners are often drawn to credit cards with high rewards earning rates on business expenses, such as office supplies, travel, and entertainment. In 2017, the Chase Ink Preferred credit card was a top choice for business owners, offering 3x points on travel and dining, plus 50% more value when redeemed for travel. The annual fee of $95 is a small price to pay for the potential rewards earnings, especially considering the 60,000-point sign-up bonus that can be earned after $3,000 in spend.

Entrepreneurs

Entrepreneurs often require a credit card that can keep up with their unpredictable income and expenses. The Capital One Spark Cash Credit Card was a popular choice in 2017, offering 2% cash back on all purchases with no spending limits or rotating categories. The annual fee of $0 first year, then $0 intro for 1 year, then $95 is a relatively low price to pay for the flexibility and convenience this card offers.

Professionals with High Incomes

Professionals with high incomes often prioritize credit cards with premium rewards earning rates and high-end benefits. The American Express Platinum card was a top choice in 2017, offering 5x points on air travel booked directly with airlines, plus a $200 annual travel credit and access to Amex’s exclusive airport lounges. The annual fee of $550 may seem steep, but for high-income professionals who fly frequently, the rewards earnings and benefits can make it well worth the cost.

Professionals with Lower Incomes

Professionals with lower incomes often require a credit card that offers generous rewards earning rates on everyday expenses, such as groceries and gas. The Discover it Cash Back credit card was a popular choice in 2017, offering 5% cash back on various categories throughout the year, plus 1% cash back on all other purchases. The annual fee is $0, and the sign-up bonus of $150 can be earned after your first year of account opening.

Credit Cards with High Sign-up Bonuses

In 2017, credit cards with high sign-up bonuses were extremely popular among high-net-worth individuals. The Chase Sapphire Reserve credit card offered a 50,000-point sign-up bonus after $4,000 in spend, plus 3x points on travel and dining. The Capital One Venture credit card offered a 50,000-mile sign-up bonus after $3,000 in spend, plus 2x miles on all purchases.

Average Annual Fees and Rewards Earnings

Here are some average annual fees and rewards earnings for high-end reward credit cards in 2017:| Card | Annual Fee | Rewards Earnings per Dollar Spent || — | — | — || Chase Ink Preferred | $95 | 2% – 3% || Capital One Spark Cash | $0 first year, then $0 intro for 1 year, then $95 | 2% || American Express Platinum | $550 | 3% – 5% || Discover it Cash Back | $0 | 1% – 5% |These figures are subject to change, and it’s essential to note that rewards earnings can vary depending on individual spending habits and the card’s terms and conditions.

Cautions and Considerations

When considering a high-end reward credit card, it’s essential to weigh the annual fee against the potential rewards earnings. High-net-worth individuals should carefully review the card’s terms and conditions, including the rewards earning rates, sign-up bonus, and any fees associated with the card. Additionally, high-income professionals may need to consider the tax implications of rewards earnings, as they may be subject to income tax.

Illustrating Luxury Perks and Benefits Available in High-End Reward Credit Cards of 2017

Imagine earning points for every swipe of your credit card, not just to redeem for groceries or gas, but to experience the epitome of luxury. High-end reward credit cards, popular among high-net-worth individuals, offer unparalleled benefits that elevate their lifestyle to new heights.These exclusive cards grant access to world-class amenities, experiences, and services that few can afford. In 2017, high-end reward credit cards boasted exceptional luxury perks that would make even the most discerning individuals swoon.

Let’s take a closer look at some of these benefits that are sure to tantalize the senses.

Exclusive Travel Perks

High-net-worth individuals cherish the freedom to travel the world in style. High-end reward credit cards cater to this desire by offering exclusive travel perks that transform jet-setting into a seamless, indulgent experience. Consider the following benefits:

• Personalized Travel Concierges: Dedicated travel experts available 24/7 to craft bespoke itineraries, book luxury accommodations, and arrange high-end activities.
• Access to Luxury Airport Lounges: Relax and unwind in style, enjoying fine wines, gourmet cuisine, and personalized service while awaiting flights.
• Priority Check-In and Boarding: Receive expedited check-in, board flights before the general public, and enjoy a more comfortable travel experience.

These perks make the world of travel more accessible and enjoyable for high-net-worth individuals. With a high-end reward credit card, you can indulge in luxury travel experiences like never before.

Fine Dining Experiences

Food connoisseurs will revel in the exclusive fine dining experiences offered by high-end reward credit cards. High-net-worth individuals enjoy the privilege of savoring exquisite cuisine, often crafted by world-renowned chefs, in intimate, upscale settings. Consider the following benefits:

• Restaurant Reservations: Enjoy priority reservations at Michelin-starred restaurants, ensuring access to the world’s finest culinary delights.
• Tableside Wine Pairings: Expert sommeliers will help you select the perfect wines to complement your meal, elevating the dining experience.
• Exclusive Chef’s Tables: Be treated to a private, personalized chef’s table experience, where you can interact with the culinary maestro and enjoy an unforgettable meal.

These fine dining experiences showcase the exceptional luxury offered by high-end reward credit cards, providing a truly unforgettable culinary adventure for high-net-worth individuals.

Access to High-End Events

High-net-worth individuals crave unique experiences that set them apart from the crowd. High-end reward credit cards grant access to exclusive events, concerts, and performances, creating unforgettable memories. Consider the following benefits:

• VIP Tickets: Secure premium tickets to sold-out concerts, sports events, and theater productions, ensuring a front-row seat to the action.
• Meet-and-Greets: Enjoy personalized interactions with celebrities, artists, or athletes, creating lasting memories.
• Private Parties and Soirees: Be invited to exclusive gatherings, where you can mingle with like-minded individuals and enjoy exceptional entertainment.

These high-end events demonstrate the luxurious experiences available to high-net-worth individuals through high-end reward credit cards. Whether it’s a concert, sporting event, or exclusive party, you’ll have access to the world’s most desirable experiences.In conclusion, high-end reward credit cards offer a realm of luxury perks and benefits that cater to the discerning tastes of high-net-worth individuals. With exclusive travel perks, fine dining experiences, and access to high-end events, these cards deliver a lifestyle of unparalleled opulence and sophistication.

Identifying Emerging Trends in Reward Credit Cards of 2017 Among High Net Worth Individuals: Best Reward Credit Cards 2017 High Net Worth

As the landscape of finance and banking continued to evolve in 2017, high-net-worth individuals became increasingly more discerning when it came to choosing the best reward credit cards for their spending habits. Among the growing pool of affluent consumers, emerging trends revealed a shift towards more personalized and sophisticated credit card offerings that catered to their unique needs.In the high-end credit card market, travel and cash-back rewards emerged as the most popular types of redemption among high-net-worth individuals in 2017.

This trend was largely driven by the growing demand for luxury travel experiences, high-end merchandise, and exclusive benefits that set these individuals apart from the rest.

Travel Rewards: The New Black

Travel rewards credit cards, which offered points or miles that could be redeemed for flights, hotel stays, and other travel-related expenses, experienced a significant surge in popularity among high-net-worth individuals in 2017. These cards often came with generous sign-up bonuses, annual fee waivers, and exclusive access to airport lounges, fine dining establishments, and other high-end amenities.*

1. The Chase Sapphire Preferred Card, with its 60,000-point bonus and 2X points on travel and dining purchases, stood out as a top contender in the travel rewards space.
2. The American Express Platinum card, with its $200 airline credit and access to airport lounges, proved to be a favorite among high-net-worth individuals who valued luxurious travel experiences.
3. The Citi Premier Card, with its 60,000-point bonus and 3X points on travel, gas stations, and select merchants, offered a more budget-friendly option for those seeking similar benefits.

Cash-Back Rewards: A Growing Favorite

However, cash-back rewards credit cards also gained significant traction among high-net-worth individuals in 2017, as many sought to redeem their rewards for tangible, luxury goods or high-end experiences. These cards often offered flat percentages of rewards in categories like dining, groceries, or gas, and sometimes even offered bonus categories or sign-up bonuses to sweeten the deal.*

• The Citi Double Cash Card, with its unlimited 2% cash-back rewards and flexible redemption options, stood out as a top choice for those seeking to earn cash rewards.
• The Discover it Cash Back Card, with its 5% cash-back rewards in rotating categories and $150 bonus after spending $500 in the first 3 months, provided a more dynamic rewards experience.

Exclusive Benefits: What Sets High-End Credit Cards Apart

High-end credit cards, often with annual fees ranging from $500 to $5,000, offered an array of exclusive benefits that set them apart from more basic cards. These might include:* Complimentary travel insurance and assistance services

• Airport lounge access and VIP travel experiences
• High-end merchandise and concierge services
• Access to fine dining events and exclusive gatherings
• Exclusive discounts and promotions at luxury retailers

By understanding the emerging trends and preferences of high-net-worth individuals in 2017, issuers can continue to create more sophisticated and personalized credit card offerings that cater to these consumers’ unique needs and aspirations.And so, the world of high-end credit cards continues to evolve, driven by the growing demands of affluent consumers for luxury rewards, exclusive benefits, and tailored experiences.

Final Thoughts

And there you have it – the crème de la crème of credit cards in 2017, designed specifically for high-net-worth individuals. From luxurious travel perks to exclusive dining experiences, these cards offer an unparalleled level of luxury and convenience. Whether you’re a seasoned credit card enthusiast or just starting to explore the world of high-end rewards, this guide has provided you with a valuable insight into the top-rated credit cards of 2017.

As you continue on your journey to find the perfect credit card, remember to always evaluate your options carefully and consider your individual needs and spending habits. With the right credit card by your side, you’ll be well on your way to enjoying the finer things in life – and racking up the rewards along the way!

FAQ Corner

What is the minimum income required for a high net worth credit card?

While there is no strict income requirement, high net worth credit cards typically cater to individuals with a minimum annual household income of $100,000 or more.

How do I redeem rewards on my high-end credit card?

Redemption options vary depending on the credit card issuer and rewards structure. Some common redemption methods include transferring points to airline or hotel loyalty programs, redeeming for cash or statement credits, or booking travel or dining experiences.

Can I upgrade my credit card to a high net worth card if I already have a regular credit card?

Yes, you can often upgrade your regular credit card to a high net worth card by meeting certain eligibility requirements, such as increasing your income or credit score. It’s essential to check with your credit card issuer for specific upgrade procedures and requirements.

How do I choose the right high-end credit card for my needs?

When selecting a high-end credit card, consider your individual needs and spending habits. Think about the rewards categories that matter most to you (e.g., travel, dining, or luxury goods) and look for cards that offer substantial rewards multipliers for those categories.