Mastercard® Luxury Gold credit card full review
Are you looking for a credit card that fits your premium lifestyle? We’ve just found one. So, keep reading the Mastercard® Luxury Gold full review post to learn all about it!
by Aline Augusto
Mastercard® Luxury Gold credit card
How can you ask for more when you get all the benefits that a credit card can offer? Meet the Mastercard® Luxury Gold credit card!
Today, we will give you all the details about this card, such as annual and transaction fees, benefits, pros, and cons.
Even though you need to have an excellent credit score to apply for it, the luxury reward program is worth the effort.
|Credit Score||From Very Good to Excellent|
|Regular APR||It charges 14.99% Variable APR on transfers and purchases|
|Rewards||1 point for each dollar spent on all purchases|
How does the Mastercard® Luxury Gold credit card work?
The Mastercard® Luxury Gold credit card is not only a credit card but also a 24KGold card. With 2% value for airfare and cashback redemptions, this card manages to leave competitors behind.
Also, it offers 24/7 Concierge Service, which is a great perk when you have a luxurious and busy lifestyle.
And, if you are a traveler, this card can give you the best traveling experience. For example, the access to VIP Airport Lounge and credit for the Global Entry program, so that you won’t need to wait in long lines at airports, without any comport you deserve. Moreover, the card gives you a $1,000 gift for traveling on luxury jets by the TCS World Travel.
The Mastercard® Luxury Gold credit card offers protection and insurance, too. Such as ID and telephone theft protection, fraud protection, and travel accident insurance.
But all those perks come with a price. You can become a Mastercard® Luxury Gold cardholder only if you have an excellent credit score.
Besides that, you need to pay the $995 annual fee, plus $295 for each additional authorized user.
However, as a traveler, you will be glad to know that this card offers no foreign transaction fee.
Mastercard® Luxury Gold card benefits
The great advantage of the Luxury Gold credit card is that you can enjoy all the good amount of rewards and perks.
It offers one point for each dollar spent on all purchases, as well as airfare redemptions and cashback redemptions above-market offers.
And all these benefits come with Mastercard® global acceptance. A perfect way to increase your purchase power.
But the price to pay for accessing all these privileges is high. Therefore, see below our list of pros and cons.
- Reward program: 1 point for each dollar spent on all purchases
- 2% value for cashback and airfare redemptions
- 24/7 Concierge Service
- No foreign transaction fee
- Good perks for travelers
- A high annual fee and a high fee for an additional authorized user
- There are no welcome bonuses
- Only eligible for excellent credit score
How good does your credit score need to be?
You will need an excellent credit score to apply for it. Well, the card is made with 22g-Gold, right? Besides that, the benefits can be worth the credit score requirement.
How to apply for a Mastercard® Luxury Gold credit card?
If you are a traveler and your lifestyle requires a premium card, the Luxury Gold is the right credit card for you. So, learn how to apply for it right now and enjoy its benefits!
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