Do Millionaires Really Use Metal Credit Cards? Here’s Why You Should Too

When you picture millionaires, you might imagine them paying for everything in cash, flashing exclusive black cards, or not worrying about credit at all. But here’s the truth: most millionaires do use credit cards — and not just for convenience. They use them because the right card can unlock incredible perks, protect purchases, and even grow wealth in the long run.

One of the most common “status symbols” among wealthy cardholders is the metal credit card. But here’s the twist — you don’t have to be a millionaire to carry one. Many metal cards are designed for everyday spenders and can offer long-term value well beyond their sleek design.

So, if you’ve ever wondered whether a metal credit card is right for you, here’s everything you need to know: the best options, how they work, and what to watch out for.

What Are the Best Metal Credit Cards?

Metal credit cards have become mainstream over the past decade. While they started as ultra-exclusive perks for the wealthy, today you can find them across a wide range of categories: premium travel cards, cash-back cards, and even no-annual-fee options.

Here are some of the top-rated choices in 2025:

American Express® Gold Card

Chase Sapphire Preferred® Card

Capital One Venture Rewards Credit Card

Prime Visa

More Metal Credit Cards to Consider

If you’re looking for more premium or co-branded metal cards, here are additional options worth exploring:

Business owners also have access to metal versions of popular cards, often with added perks like higher credit lines and business expense tracking.

What Exactly Is a Metal Credit Card?

The main difference between a plastic card and a metal one is, of course, the material. Metal credit cards are made from stainless steel, titanium, brass, or even precious metals like gold or palladium. That makes them heavier, more durable, and often more eye-catching.

The first modern metal card was American Express’s Centurion Card (the famous “Black Card”) launched around 1999. At the time, it was by invitation only and reserved for ultra-wealthy clients. Fast forward to today, and dozens of issuers offer metal cards at different price points, making them accessible to many consumers.

But here’s the key point: beyond aesthetics, a metal card functions just like any other credit card. You can swipe, tap, or insert it for purchases. The value lies in the rewards and benefits it carries — not just the feel in your wallet.

Perks of Metal Credit Cards

So, why would millionaires (or anyone else) choose a metal card over a standard one? Here are some of the advantages:

Potential Drawbacks of Metal Credit Cards

Of course, not everything about a metal card is perfect. Consider these drawbacks:

Is a Metal Credit Card Right for You?

A metal card makes sense if:

It may not be right if:

How to Choose the Right Metal Credit Card

When comparing metal cards, focus less on the “wow” factor and more on the actual benefits:

Bottom Line

Millionaires use credit cards not just for convenience, but for the value and protection they provide. And thanks to the rise of metal credit cards, everyday people can access many of the same perks.

Whether you’re drawn to the American Express Gold for dining, the Chase Sapphire Preferred for travel, or even the Prime Visa for everyday shopping, there’s a metal card that can fit your lifestyle.

Just remember: don’t apply for a card simply because it looks impressive. Instead, choose one that maximizes your rewards, fits your budget, and offers benefits you’ll actually use. That way, your card becomes more than a shiny accessory — it becomes a financial tool that builds long-term value.