What's good
- Patented 24K-gold-plated front and carbon back—weighing 22 grams.
- 2% value for airfare redemptions with no blackout dates or seat restrictions. 2% value for cash back redemptions. Earn one point for every one dollar spent.
- 24/7 Luxury Card Concierge®—available by phone, email and live mobile chat. Reach out to manage tasks big and small.
- Exclusive Luxury Card Travel® benefits—average value of $500 per stay (e.g., amenities, room upgrades and complimentary food and beverages) at over 3,000 properties.
- Annual Airline Credit—up to $200 in statement credits toward flight-related purchases including airline tickets, baggage fees, upgrades and more. Up to a $100 application fee credit for the cost of TSA Pre✓® or Global Entry.
- Enrollment in Priority Pass™ Select with access to 1,300+ airport lounges worldwide with no guest limit.
- Cell phone protection for eligible claims of up to $1,000 each year. Plus Lyft credits, ShopRunner membership, Fandango perks and more.
- Annual Fee: $995 ($295 for each Authorized User). Terms and conditions apply.
What's bad
- High Annual Fee
- No signup bonus
- Low rewards rate
- High fee for each authorized user
Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Rebecca Lake, MyBankTrackerThe Mastercard Gold Card is worth considering for its high 2% redemption rate, which puts it a cut above competitor cards. While the rewards rate you earn with the card isn't exactly stunning, those points can go farther when you redeem them for airfare or cash back.
- Lance Cothern, InvestopediaConstructed of 24K-gold-plated stainless steel and carbon, the Mastercard Gold Card is heavy both physically and financially, with a jaw-dropping $995 annual fee. While it provides some premium benefits and credits and has a 0% APR offer, its rewards aren’t commensurate with its lofty annual fee and...
- Brendan Harkness, Credit Card InsiderThe Mastercard Gold Card is a pricy premium credit card with solid travel benefits and an underwhelming rewards program. The card doesn’t quite measure up to some of its less-expensive competitors, but if you love to travel and desperately want a gold-plated credit card, this is an option.
- Brian Martucci, Money CrashersThis is an excellent card for very frequent travelers with ample budgets, a penchant for high-touch service and convenience, and a desire to earn rewards on all eligible purchases, every day.
- Kailey Fralick, CardcruncherThe Mastercard® Gold Card™ has a lot of valuable perks, but they’re simply not enough to justify the card’s $995 annual fee. Other travel rewards credit cards charge $500 or less per year and offer many of the same benefits. If you only travel once or twice per year, go with a travel rewards card wi...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
14.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
14.99% (Variable) (0% for the first 15 months)
|
| Cash Advance Interest Rate |
25.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee |
$995.00 $295 for each Authorized User added to the account |
| Balance Transfer Fee |
3% Minimum of $5 |
| Cash Advance Fee |
5% Minimum of $10 |
| Foreign Transaction Fee | $0.00 |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$39.00 Up to $39 (the amount of the fee varies by state, see below) |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases |
1 point per $1 spent Terms and conditions apply. |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders |
Yes $295 for each Authorized User added to the account |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | No |
| Zero Liability | Yes |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | Apple Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments |
Late Payment Fee: Up to $39 (Up to $15 for residents of Iowa at time of account opening). |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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