Mastercard® Gold Card™ Review

As one of the most expensive luxury cards on the market, the Mastercard® Gold Card™ has a list of luxurious first-class travel benefits and access to members-only perks. If you don’t mind paying higher annual fees in exchange for luxury concierge services, then this card might be for you. The actual gold-plated card might be a flashy bonus. However, it is not for the average consumer. Other high-end cards offer better benefits and allow more flexibility in terms of using earned points.

With the Mastercard® Gold Card™, you can earn one point for every dollar spent on net purchases. Points can be redeemed in several ways.

• $995 annual fee ($295 for each Authorized User added to the account)
• Patented 24K-gold-plated stainless steel front
• Access to Luxury Card Concierge, Luxury Card Travel and Luxury Card Experiences
• One reward point per dollar spent on purchases
• Redeem reward points for flight tickets, as cash back or as a statement credit
• VIP airport lounge access with Priority Pass Select
• Airline credits of up to $200 each year
• Airport meet & assist
• No foreign transaction fees
• Travel insurance coverage
• Mobile phone protection

Before getting a credit card, you should review costs like APR, annual fees and other possible penalties that you might have to pay when you use the card.

The Mastercard® Gold Card™ has an extensive list of features and benefits to consider that set it apart from other cards in the space.

• Cellular Telephone Protection: Using the card to pay your telephone bill automatically provides coverage for damage and theft, as well as yearly coverage for phone repairs.
• Travel Accident and Baggage Delay: In case of baggage delay of four hours from the time of arrival, you are eligible for a reimbursement of covered items up to $100 a day for a maximum of three days. In case of a travel accident, you will receive up to $250,000 coverage at no additional cost.
• Access to Porsche Experience Centers: Cardmembers who book a 90-minute driving experience at either the Atlanta or Los Angeles Porsche Experience Center can take advantage of exclusive perks and personalized coaching.
• Luxury Card Experiences: As a card member, you get privileged access to exclusive events. However, this is subject to availability. The Luxury Card is not very clear about which kind of experiences are included in this benefit.
• Golf Program: If you’ve been wanting to take up golf, having this card gives you access to golf travel experiences, tournaments and private club courses.

Other travel rewards credit cards come with a cheaper annual fee or no fee. If you are really looking for experiences and first-class access, you might consider the Titanium or Black Credit Card. This offers almost the same luxury card benefits as the Mastercard® Gold Card™.

For rates and fees of the Delta SkyMiles® Platinum American Express Card, please click here.