Luxury Card™ Mastercard® Gold Card™ review

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Advertiser Disclosure

Interest Rate: Purchases
14.99% (Variable)
Balance Transfer
14.99% (Variable) (0% for the first 15 months)
Rewards
1 point
Signup Bonus
-


6.5/10
Informr score
The Luxury Card™ Mastercard® Gold Card™ currently has an Informr score of 6.5 out of 10. This score is based on our evaluation of 13 sources including reviews from users and the web's most trusted critics.

What's good

  • Patented 24K-gold-plated stainless steel 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
  • 24/7 Luxury Card Concierge®
  • Exclusive Luxury Card Travel® benefits
  • Up to $200 annual airline credit and $100 Global Entry application fee credit
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more

What's bad

  • Annual Fee
  • No signup bonus
  • Low rewards rate
  • High fee for each authorized user

Am I eligible?


Luxury Card™ Mastercard® Gold Card™ is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

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...


MyBankTracker

The 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.

- Rebecca Lake, MyBankTracker
Investopedia

Constructed 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...

- Lance Cothern, Investopedia
Credit Card Insider

The 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.

- Brendan Harkness, Credit Card Insider
Money Crashers

This 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.

- Brian Martucci, Money Crashers
Cardcruncher

The 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...

- Kailey Fralick, Cardcruncher

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)
  • Intro rate applies on balances transferred within the first 45 days of account opening.
  • This APR will vary with the market based on the Prime Rate.
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
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

Maximum

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
  • 2% Value for Airfare Redemptions
  • 2% Value for Cash Back Redemptions
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, Android Pay
Virtual Cards No
Additional Benefits
  • Up to $200 Annual Airline Credit
  • $100 Global Entry & TSA Pre✓® Application Credit
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Complimentary Priority Pass Select
  • Luxury Gift Program
  • Members-Only Luxury Magazine
  • Luxury Card Experiences®
  • Luxury Card App
  • Fulfillment Kit
  • Create a Boxed account and use your Luxury Card World Elite Mastercard to earn 5% cash rewards on eligible Boxed orders for use on future purchases.
  • Get $10 Lyft credit when you enroll and take 5 eligible rides in a month.
  • Receive free 2-day shipping and free return shipping on eligible purchases when you sign up for a complimentary ShopRunner membership
  • Get rewarded even faster on eligible purchases when you join Fandango VIP. Earn double the points for the tickets you buy with your Luxury Card World Elite Mastercard, 250 points per ticket. Rack up 500 points and earn a $5 VIP + reward.
  • Receive $5 off eligible orders of $25 or more with Postmates
  • 10% discount on eligible onefinestay bookings.
  • Mastercard ID Theft Protection
  • Cellular Telephone Protection
  • Travel Assistance
  • Baggage Delay Insurance
  • Trip Cancellation and Interruption
  • Mastercard® Priceless®
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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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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