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?
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...
- CardcruncherThe Mastercard Gold Card is the high end of Mastercard’s Luxury Card line. It offers 1 point per dollar on all purchases, just like on the Mastercard Titanium Card and Mastercard Black Card. The difference is, each point on the Mastercard Gold Card is worth $0.02 when redeemed for airfare or cash ba...
- 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 w...
- Daniel Caughill, ValuePenguinSome things in life aren't meant to be a good deal—they're done for the panache. Coming with a $995 annual fee and a subscription to "Luxury Magazine," this gold-plated credit card is one of those things.
- Kelly Dilworth, CreditCards.comDesigned for well-heeled cardholders who can afford to pay a nearly four-figure annual fee, this splashy metal credit card offers surprisingly few rewards for a card of its kind; but elite travelers with a taste for luxury will appreciate the Gold Card’s exclusive discounts and services.
- Marcie Geffner, Credit KarmaThe sticking point is, of course, that extremely high annual fee. If your objective is a luxury-class card with good travel benefits, there are alternatives that can offer a better value.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
16.49% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
16.49% (Variable) (0% for the first 15 months)
|
| Cash Advance Interest Rate |
26.74% (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 |
| 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, Android Pay |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
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.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
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Critic Reviews
Can be valuable for frequent travelers, but its high annual fee puts it out of reach for many
The Mastercard Gold Card is the high end of Mastercard’s Luxury Card line. It offers 1 point per dollar on all purchases, just like on the Mastercard Titanium Card and Mastercard Black Card. The difference is, each point on the Mastercard Gold Card is worth $0.02 when redeemed for airfare or ca...More
The Mastercard Gold Card is the high end of Mastercard’s Luxury Card line. It offers 1 point per dollar on all purchases, just like on the Mastercard Titanium Card and Mastercard Black Card. The difference is, each point on the Mastercard Gold Card is worth $0.02 when redeemed for airfare or cash back. That puts it on par with any cash-back credit cards that earns 2% cash. It’s worth considering if you like the idea of earning cash back rewards, though the sky-high $995 annual fee may give you pause.
Useful travel rewards, but with a huge annual fee
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 rew...More
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 with a low annual fee and bonus rewards in the right categories. Those will mean a lot more to you than fringe airport benefits that you’re not regularly using.
The swankiest credit card on the market
Some things in life aren't meant to be a good deal—they're done for the panache. Coming with a $995 annual fee and a subscription to "Luxury Magazine," this gold-plated credit card is one of those things.
Some things in life aren't meant to be a good deal—they're done for the panache. Coming with a $995 annual fee and a subscription to "Luxury Magazine," this gold-plated credit card is one of those things.
A league of its own
Designed for well-heeled cardholders who can afford to pay a nearly four-figure annual fee, this splashy metal credit card offers surprisingly few rewards for a card of its kind; but elite travelers with a taste for luxury will appreciate the Gold Card’s exclusive discounts and services.
Designed for well-heeled cardholders who can afford to pay a nearly four-figure annual fee, this splashy metal credit card offers surprisingly few rewards for a card of its kind; but elite travelers with a taste for luxury will appreciate the Gold Card’s exclusive discounts and services.
Stylish, but lacking in substance
The sticking point is, of course, that extremely high annual fee. If your objective is a luxury-class card with good travel benefits, there are alternatives that can offer a better value.
The sticking point is, of course, that extremely high annual fee. If your objective is a luxury-class card with good travel benefits, there are alternatives that can offer a better value.
Offers exclusive VIP benefits
If you’re looking for a high-status card with VIP travel access and luxury benefits, the Luxury Card Mastercard Gold Card may be the card for you. The annual fee isn’t cheap, but the card offers quality benefits and numerous member-only perks.
If you’re looking for a high-status card with VIP travel access and luxury benefits, the Luxury Card Mastercard Gold Card may be the card for you. The annual fee isn’t cheap, but the card offers quality benefits and numerous member-only perks.
Not a very valuable card offer
If you really want a heavy credit card covered in actual gold, then this may be the card for you. But considering the Gold Card’s benefits and rewards, you can get more value from other cards that have lower annual fees.
If you really want a heavy credit card covered in actual gold, then this may be the card for you. But considering the Gold Card’s benefits and rewards, you can get more value from other cards that have lower annual fees.
The luxury benefits are not worth the extraordinary annual fee
The 24-karat gold-plated, stainless steel MasterCard Gold Card is an extravagance in the credit card world. The hefty $995 annual fee can be prohibitively expensive, unless you spend thousands every month and take full advantage of its perks, which are mainly travel-related.
The 24-karat gold-plated, stainless steel MasterCard Gold Card is an extravagance in the credit card world. The hefty $995 annual fee can be prohibitively expensive, unless you spend thousands every month and take full advantage of its perks, which are mainly travel-related.
This card is not a good value
Given the competition in the luxury/premium card market, MasterCard has a lot of catching up to do. The Gold card doesn’t make sense because there’s not a way to break even from the effective annual fee.
Given the competition in the luxury/premium card market, MasterCard has a lot of catching up to do. The Gold card doesn’t make sense because there’s not a way to break even from the effective annual fee.