How much do premium cards cost?
Premium credit cards all come with an annual fee, which will vary depending on the card and benefits package you have. Annual fees can vary from £100 to as much as £700, so it’s important to make sure you’re making full use of the benefits.
APR rates are often very high for premium credit cards but this is because it takes into consideration the fees you pay. For example, the actual interest rate for your repayments could be around 15-20%, but the APR shown could be 50% as it includes the annual charge you pay for the card.