The Dubai First Royale Mastercard is a premium, invitation-only credit card that has no annual fee and no other restrictions on your spending. A credit card bearing the name of a city home to some of the world's most luxurious hotels would presumably be reserved for the ultra-wealthy.

The Dubai and Saudi royal families are rumored to be among the 200 cardholders who have access to the service, making their cards among the most exclusive in the world. It comes as no surprise that each client is assigned a relationship manager and a lifestyle manager, both of whom are accessible around the clock to do things like buy concert tickets or charter a private plane.

Your odds of being invited are about the same whether you are a multimillionaire or a commoner, as participation is by invitation only and Dubai First must initiate contact.

• Annual Fee: $2,000

Website: https://www.dubaifirst.com

For those who can afford the eye-popping $5,000 annual charge, American Express offers the Centurion Card. When you sign up for an American Express card, you're helping both yourself and good causes through the company's charitable donation program. Since there is a $10,000 initiation fee for the Centurion credit card from American Express, only the very wealthy need apply.

There is no predetermined spending restriction once your account is active, and the APR for the American Express black card is equal to 25.24%. Please be advised that American Express has the right to refuse any transaction for any reason, including but not limited to the cardholder's creditworthiness or suspicion of fraud.

It's a credit card that can only be obtained through an invitation, and American Express is notoriously secretive about the criteria for receiving one. Since you can't apply for an American Express Centurion Card online, getting your hands on one might be difficult if you don't already have the appropriate connections.

You'll get access to flexible, simple-to-redeem Membership Rewards if you meet the rigorous conditions American Express has set up for Centurion credit cardholders. When trying to secure a reservation at one of the world's most expensive eateries, the individualized attention provided by this service is invaluable.

• Annual Fee: $5,000

Website: https://www.americanexpress.com

Those who meet the minimum credit score standards and are prepared to pay the $495 annual charge can apply for an HSBC Premier World Elite Mastercard. Spending $4,000 on purchases within the first three months will earn you 50,000 Rewards Bonus Points, which may be redeemed for $750 in travel expenses, and a variable annual percentage rate (APR) of 14.99% to 18.99%.

In addition, cardholders can earn three times as many points on all eligible travel purchases, as well as double the points they earn at restaurants and earn double the points they get on all eligible dining transactions. With 2X points on dining and travel and 1X points on everything else, this is one of the best credit cards for frequent shoppers who want to get the most out of their plastic.

You need a U.S.-based HSBC Premier checking account to be considered for the HSBC Premier World Elite Mastercard. Tap-and-go contactless payments and reimbursement for expenses incurred as a result of identity fraud are additional perks. In the event that your cell phone is lost or stolen, HSBC will compensate you up to $800 per claim. The World Premier Elite Mastercard from HSBC, a global leader in financial services, offers a wide range of advantages in exchange for your spending.

• Annual Fee: $395

Website: https://www.hsbc.com/

Annual fees for the Luxury Card: Mastercard Black Card are $495 (the same as the World Elite Mastercard) plus $195 for each additional authorized user. It's one of Mastercard's premium rewards cards, giving cardholders not just access to a luxury card concierge service that may aid with travel arrangements and other requests, but also rewards points for using the service.

Although Mastercard is younger than some of the other card issuers on this list, it is nonetheless widely accepted and requires little introduction. They have one of the best reputations in the credit card industry and their cards are accepted at more than 25,000 different banks.

When you sign up for the Mastercard Black Card, you'll enjoy a high spending limit, 1.5% cash back, and 2% value on airfare redemptions. Travelers can take use of the $100 airline credit that comes with card ownership, in addition to the luxury card's concierge service.

You may save money on high-end vacations, and it's the only credit card that lets you bring as many guests as you like into Priority Pass lounges. You don't need Kanye West's bankroll to qualify for one of these credit cards, but you will need a credit score of 670 or better to get approved.

• Annual Fee: $495

Website: https://www.mastercard.com

The World Elite Mastercard is yet another excellent premium credit card for travelers, shoppers, and point collectors alike.

Up until September 30th, 2022, cardholders of the World Elite Mastercard will receive a $5 discount on their first two monthly DoorDash orders in addition to a 3-month membership to DoorDash DashPass.

In addition to the $90 discount on the first four shipments, there are other rewards points available, such as a 5% discount on all HelloFresh purchases. Lyft cardholders receive a $5 statement credit every three months and a free ShopRunner subscription, among other perks.

As a result, you may take advantage of free 2-day shipping and returns from more than a hundred different stores, allowing you to save even more money while shopping online. You can get $1,000 in annual cell phone coverage when you sign up for a World Elite Mastercard, with a limit of two claims per year of up to $600 each.

Credit card theft or loss can be reported at any time thanks to the 24/7 customer service. If you're traveling to a new place and need cash to purchase your kid the most expensive beanie baby ever for their birthday, you can use this feature to locate the closest ATM.

• Annual Fee: $495

Website: https://www.mastercard.co.uk/

The Citi Ultima Mastercard is another premium credit card that can be quickly and easily applied for and activated online, without the need for any paperwork. The Citi Ultima Mastercard provides its cardholders with complimentary travel insurance, a Priority Pass subscription, and a concierge service.

Clients can use their credit cards with confidence knowing that the CitiGroup banking empire has contributed to the development of London's key financial district. Credit limits can go as high as $20,000, and cardholders can earn up to $500,000 in travel insurance if they use their cards abroad.

The annual percentage rate (APR) for purchases made with this credit card can range from 16% to 29%, while the APR for Equal Payment Plan Transactions can range from 13.9% to 29%. To apply for a Citi Ultima Mastercard, you'll need to provide your passport and two NDFL individual income tax returns.

These requirements do not apply if you are the fortunate recipient of a personal invitation from Citibank. Along with access to Priority Pass, cardholders also receive 25,000 bonus skywards miles after making their first purchase and 10,000 additional miles each year after that.

• Annual Fee: 3000 AEC (approx $816)

Website: https://www.citibank.com

One of the most renowned cards you can get is the Citi AAdvantage Executive World Elite Mastercard, which comes with a large credit limit and a number of perks. This credit card is ideal for folks who are always on the go because it comes with built-in travel insurance.

Depending on the customer's credit history, the normal variable APR for transactions made with this card is anywhere from 15.99 to 24.99%. Keep in mind that this fee also applies to bank transfers and the Citi Flex Plan, and that the usual variable APR for cash advances is currently 25.24%.

It has a lower annual fee ($450) and interest rate ($0.50) than some of the other ultra-premium black cards in this guide. The Citi AAdvantage Executive World Elite Mastercard comes with perks including free access to the Admirals Club and a free annual membership to the Admirals Club and 50,000 bonus miles for travel.

A complimentary checked bag for each passenger in your party (up to a total of 8) and a 25% discount on select in-flight purchases are also included. Clients interested in investing in some of the world's most costly wines will be pleased to learn that there are no costs for making foreign purchases, and all other fees are minimal. The Citi AAdvantage Executive World Elite Mastercard is a great option for frequent flyers of American Airlines who are in the market for a new credit card.

• Annual Fee: $450

Website: https://www.citibank.com

The Coutts Silk Card is a premium, annual fee-free credit card accessible solely to current Coutts customers. Private bank and wealth management Coutts was established in London in 1692, making it the world's eighth-oldest bank. Their Silk Card comes with high monthly spending restrictions, so cardholders can use it in a way that suits their lifestyle and gains access to a variety of perks.

The Coutts Silk Card is issued to customers over the age of 18 and features a representative 0% APR variable and a credit limit based on the bank's evaluation of each customer's financial situation. Similarly, each customer's real APR is determined by their unique financial situation.

Customers who frequently travel can use this credit card to gain access to premium airport lounges through the Loungekey system and redeem points for airfare. Over 700 airports offer access to VIP lounges for a flat rate of £20 per passenger, with an additional £20 charged for each accompanying guest.

You can make contactless payments of up to £100 with this credit card, and it has robust security features like online verification. It's a nice perk, but customers who want to use their Coutts credit card to buy one of the most expensive watches in the world will have to go through more hoops. It's a premium credit card issued by one of the oldest and most trusted financial institutions around.

• Annual Fee: No Annual Fee

Website: https://www.coutts.com