Mastercard® Gold Card Review – The Ultimate Premium Credit Card for Elites

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Overview

If you are looking for a credit card that is more than just amassing points, you should consider Mastercard® Gold Card, a premium credit card with unmatched benefits and luxury perks. Plated with 24-karat gold, the Mastercard® Gold Card is a very stylish metal credit card. It is a symbol of elite status. It comes with a steep annual fee, but it offers exclusive value that caters to successful business owners and professionals, such as 24/7 concierge services, rich rewards, and all-around exceptional benefits.

  • 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.
  • 24/7 Luxury Card Concierge®-available by phone, email, and live mobile chat.
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Up to $200 annual airline credit and $100 Global Entry application fee credit.
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
  • Annual fee: $995 ($295 for each Authorized User).
  • Earn one point for every one dollar spent.
  • Terms and conditions apply.
Intro APR
0% on Balance Transfers made in the first 45 days
Intro APR Period
15 billing cycles
Regular APR
14.99% Variable
Annual Fee
$995 ($295 for each Authorized User added to the account)

Card Benefits

Earn Rewards

You will earn rewards points on every purchase with your Mastercard® Gold Card and your points can be redeemed for cash back worth 2% in value. For example, if you spend $10,000 on purchases, you will earn 10,000 rewards points, redeemable for a $200 bank deposit or statement credit, which is a 2% return of the original $10,000 you spend. Cash back redemption starts at 50 points for $1. There is no limit to the total rewards points you can earn and your points do not expire as long as your account is active.

In addition to cash back redemption, you may opt to redeem points for travel, gift cards or merchandise. To redeem points for travel, such as airfare, hotel and car rentals, you may either book your travel plans online through Loyalty Edge on myluxurycard.com or call the Luxury Card Rewards at (844) 724-2500. You points can be redeemed for airfare worth 2% in value. For example, 10,000 points equates to $200 in airfare redemption. When redeeming for hotel and car rentals, your points are redeemed at a rate of 1%, for example, 10,000 points for $100. When redeeming for gift cards, redemption usually starts at 2,500 points for $25 gift cards, which is at a rate of 1%.

It is best to redeem rewards points for cash back direct deposit into a U.S. bank account or statement credit, because you receive the highest return in value. Although airfare redemption is at the same rate of 2% as cash redemption, cash rewards is always the most convenient and universal form of remuneration. For small business owners who spend thousands of dollars on purchases each month, this credit card can help racking up cash rewards quickly. For example, if you spend $20,000 per month, you will receive $400 cash back each month and $4,800 in cash rewards each year.

$200 Annual Airline Credit

You will receive statement credits of up to $200 each year when you use the card to pay for qualifying airline purchases, such as airfare, baggage fees, lounge access, and in-flight purchases (for example, drinks, refreshments and WIFI access). This is an annual benefit of $200 each calendar year (January 1st through December 31st). The transaction dates of eligible purchases will be used to determine the applicable calendar year. The travel credit will be automatically applied to your card statement. It may take up to two weeks for statement credits to be posted to your account after qualifying airline purchases are made.

$100 Global Entry Application Fee Credit

You will receive a statement credit of $100 when you use the card to pay for the application fee of Global Entry, a travel program administered by US Customs and Border Protection (CBP). Global Entry membership allows international travelers expedited entry upon arrival in the United States. Once approved, Global Entry members can use automated kiosks in most major U.S. airports, rather than having to go through the traditional arrival process. Global Entry membership also includes free access to the TSA Pre✓ program, which provides expedited security screening benefits for flights departing from U.S. airports. Please allow 2-3 weeks for the $100 credit to appear on your statement after you apply for Global Entry.

Global Entry can save travelers 20 to 30 minutes in most airports. Sometimes crowded lines at US customs or airport security check points may cause travelers to miss flights or connections. Global Entry membership helps travelers avoid unnecessary hassle of rescheduling flights in those stressful situations. Global Entry expires 5 years after your next birthday following the date you are approved for the membership. Depending on your approval date and date of birth, your Global Entry membership will be valid for at least 5 years, and sometimes it might be valid for almost 6 years after the approval.

Priority Pass™ Select Benefits

Priority Pass SelectYou will automatically receive a complimentary Priority Pass Select membership card within 7–14 business days after your Mastercard® Gold Card is opened. Priority Pass Select is a prestigious membership program for travelers to visit airport VIP lounges to relax and enjoy free food, snacks, and WIFI while waiting for flights. The complimentary Priority Pass Select membership provided by Mastercard® Gold Card allows you and your travel companions to enjoy unlimited visits to over 1,200 participating airport lounges worldwide. Whether you are a business traveler or an avid vacationer, having unlimited lounge access to VIP airport lounges will be a pleasant experience when you and your companions can enjoy a light meal, sip wine, and relax in comfortable chairs in an exclusive club. Your Priority Pass™ Select membership card will be automatically renewed annually if your account is in good standing.

Priority Pass sells three classes of memberships directly from its website, including Standard, Standard Plus, and Prestige. Among the three memberships, Priority Pass Prestige offers highest level of access, which grants members unlimited access to lounges and allows accompanying guests to visit lounges at a discounted fee of $32 per visit. Priority Pass Select is a fourth class of membership, specially designed for customers who receive their Priority Pass membership through premium travel credit cards. A Priority Pass™ Select membership with Mastercard® Gold Card is more compelling than the Priority Pass Prestige membership, which costs $429 annually, because all your guests, including family members or friends on the same itinerary, can visit lounges for free. With the Mastercard® Gold Card, it is an instant savings of more than $429 in value annually.

Visit prioritypass.com for a complete list of participating lounges. The following is a list of select airports in the United States and Canada with VIP lounges participating in the Priority Pass Select network.

Major U.S. Airports with VIP Lounges Participating in the Priority Pass™ Select Program
Anchorage Airport
(Alaska)
Atlanta Airport
(Georgia )
Baltimore / Washington Airport
(Maryland)
Boston Logan Airport
(Massachusetts)
Charlotte Douglas Airport
(North Carolina)
Chicago O’Hare Airport
(Illinois)
Cincinnati Airport
(Ohio)
Cleveland Hopkins Airport
(Ohio)
Colorado Springs Airport
(Colorado)
Dallas DFW Airport
(Texas)
Denver Airport
(Colorado)
Detroit Metropolitan Wayne County Airport
(Michigan)
Fort Lauderdale Airport
(Florida)
Greenville-Spartanburg Airport
(South Carolina)
Honolulu Airport
(Hawaii)
Houston George Bush Intercontinental Airport
(Texas)
Indianapolis Airport
(Indiana)
Las Vegas Airport
(Nevada)
Lexington Blue Grass Airport
(Kentucky)
Los Angeles LAX Airport
(California)
Miami Airport
(Florida)
Minneapolis / St. Paul Airport
(Minnesota)
Newark Airport
(New Jersey)
New York JFK Airport
(New York)
Orlando Airport
(Florida)
Orlando Sanford Airport
(Florida)
Philadelphia Airport
(Pennsylvania)
Pittsburgh Airport
(Pennsylvania)
Portland Airport
(Oregon)
San Francisco Airport
(California)
San Jose Mineta Airport
(California)
Seattle Sea-Tac Airport
(Washington)
St Louis Lambert Airport
(Missouri)
Syracuse Hancock Airport
(New York)
Tampa Airport
(Florida)
Tucson Airport
(Arizona)
Washington DC Dulles International Airport
(District of Columbia)
Washington DC Ronald Reagan National Airport
(District of Columbia)
   
Major Airports in Canada with VIP Lounges Participating in the Priority Pass™ Select Program
Edmonton Airport
(Alberta)
Montreal Pierre E. Trudeau Airport
(Quebec)
Quebec Jean Lesage Airport
(Quebec)
Toronto Lester B. Pearson Airport
(Ontario)
Vancouver Airport
(British Columbia)
Winnipeg J.A. Richardson Airport
(Manitoba)
Calgary Airport
(Alberta)
     

24/7 Luxury Card Concierge™

Luxury Card Concierge transcends concierge services offered by other credit cards. Its comprehensive and complimentary resource is a one-of-a-kind benefit that offers immeasurable value to cardholders of Mastercard® Gold Card. It is available 24/7 and concierge agents can assist with any and all requests. Cardmembers can choose to communicate via phone, email or live mobile chat using Luxury Card App. Luxury Card Concierge is not limited to just making travel arrangements; concierge agents can get tickets to special events or concerts, conduct general research, book large groups, source specialty gifts and make international reservations. This service is free to use and there is no charge for booking, unlike the competition.

Here are some success stories of how cardholders used Luxury Card Concierge™:

  • Cardmember requested information on the type of shoes worn by Will Smith and Tommy Lee Jones in the Men in Black films. Within
    24 hours, Luxury Card Concierge provided the type of shoes and a listing of local retailers that carried them.
  • A Cardmember, invited to Guy Fieri’s birthday party, did not have time to get a birthday gift before flying in the day of the party. The
    Concierge was able to arrange to have a limited-batch bottle of whisky from a local distillery delivered to the Cardmember’s hotel
    room just in time to bring to the party.
  • The Concierge was able to arrange a private “meet & greet” after a game with Boston Bruins player Patrice Bergeron, the
    Cardmember’s all-time favorite player.
  • A Cardmember wanted to propose to his girlfriend using the JumboTron in New York City’s Times Square. He called Luxury Card
    Concierge, who was able to accommodate his request within two hours.
  • A Cardmember, his wife and their 3-year-old son were moving from Kansas City to Denver. Given that their son was going to start
    school in two years, the Cardmember asked the Concierge to research the best school districts in the city, which helped them narrow
    the search for a new home.
  • A Luxury Card member was devastated when he left his cash and jewelry in a hotel while in Japan for business. The Concierge
    arranged for someone to go to the hotel, pick them up, and had the valuables securely sent to the Cardmember’s home.
  • A Cardmember was standing in a theme park ticket line with five little girls and wanted a way to get into the park quicker than the
    anticipated 90 minutes. He called Luxury Card Concierge, who went online and purchased tickets for the group. The Cardmember then
    moved over to the Will Call line, which was much shorter, and was able to get into the park much more quickly.

Luxury Card Hotel & Travel Program

Available exclusively to cardholders, Luxury Card’s annual Hotel & Travel Program provides both inspiration and benefits based on where affluent tourists travel and stay. Luxury Card offers competitive rates and complimentary benefits with an average total value of $500 per stay at over 3,000 properties around the world. You can enjoy amenities such as room upgrades, complimentary food and beverage, spa credits and more when you book with Luxury Card Travel.

Patented Metal Card Design

Metal credit cards continue to grow in popularity, and the Mastercard® Gold Card surpasses the competition. A stainless credit card plated with 24-karat gold, the Mastercard® Gold Card has a unique design that is an inspiration of distinguished class.

Fees and Introductory APR

This credit card has no foreign transaction fees, making the Mastercard® Gold Card perfect for those who travel outside of the United States. There is an annual fee of $995, which makes the card exclusive to own. But with the all the above benefits, it is an excellent high-end credit card for wealthy individuals who value services and time more than just points.

As an added bonus, new members pay zero interest on qualifying balance transfers for the first 15 billing cycles which is great if you plan on transferring a high-interest balance to the card. After the introductory period ends, the go-to rate of 14.99% Variable applies.

Required Credit Rating

The Mastercard® Gold Card is for people with good or excellent credit rating. If your credit score is close to or above 700, you may be qualified for the credit card.

Is this the right card for you?

If you value services and like hassle-free travel benefits such as top-rated concierge services, airline credit and expedited airport access, exclusive access to airport lounges, no foreign transaction fees, the Mastercard® Gold Card is the right card for you. It is one of the best travel credit cards with exclusive benefits available on the market. If you are a big spender and frequent travelers, its rich rewards and travel benefits will outweigh the cost of owning the card.

Similar Premium Credit Cards

If you are interested in the Mastercard® Gold Card, you may also consider a few other premium credit cards with similar benefits.

Credit CardsPurchase APRTransfer InfoAnnual Fee Credit Level
Mastercard® Black Card

14.99% Variable APR

0% intro APR
for 15 billing cycles on balance transfers made in the first 45 days

14.99% Variable APR after that

$495 ($195 for each Authorized User added to the account)

Excellent, Good CreditLearn MoreView Card Details
  • Patented black PVD metal card-weighing 22 grams.
  • 2% value for airfare redemptions with no blackout dates or seat restrictions.
  • 1.5% value for cash back redemptions.
  • 24/7 Luxury Card Concierge®-available by phone, email and live mobile chat.
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Up to $100 annual airline credit and $100 Global Entry and TSA Pre-Check application fee credit.
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
  • Annual fee: $495 ($195 for each Authorized User).
  • Earn one point for every one dollar spent.
  • Terms and conditions apply.
Mastercard® Titanium Card

14.99% Variable APR

0% intro APR
for 15 billing cycles on balance transfers made in the first 45 days

14.99% Variable APR after that

$195 ($95 for each Authorized User added to the account)

Excellent, Good CreditLearn MoreView Card Details
  • Patented brushed stainless steel front and carbon back-weighing 22 grams.
  • 2% value for airfare redemptions with no blackout dates or seat restrictions.
  • 1% value for cash back redemptions.
  • 24/7 Luxury Card Concierge®-Available by phone, email, and live mobile chat.
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Members-only LUXURY MAGAZINE®.
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
  • Annual fee: $195 ($95 for each Authorized User).
  • Earn one point for every one dollar spent.
  • Terms and conditions apply.
  • Patented black PVD metal card-weighing 22 grams.
  • 2% value for airfare redemptions with no blackout dates or seat restrictions.
  • 1.5% value for cash back redemptions.
  • 24/7 Luxury Card Concierge®-available by phone, email and live mobile chat.
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Up to $100 annual airline credit and $100 Global Entry and TSA Pre-Check application fee credit.
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
  • Annual fee: $495 ($195 for each Authorized User).
  • Earn one point for every one dollar spent.
  • Terms and conditions apply.
  • Patented brushed stainless steel front and carbon back-weighing 22 grams.
  • 2% value for airfare redemptions with no blackout dates or seat restrictions.
  • 1% value for cash back redemptions.
  • 24/7 Luxury Card Concierge®-Available by phone, email, and live mobile chat.
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Members-only LUXURY MAGAZINE®.
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
  • Annual fee: $195 ($95 for each Authorized User).
  • Earn one point for every one dollar spent.
  • Terms and conditions apply.

Editorial Note: The editorial content on this page is prepared by CardBenefit.com staff. Opinions expressed herein are author's alone, not those of the bank, credit card issuer, airlines or hotel chains, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclosure on User Generated Content: The responses on our site are not provided or commissioned by the advertiser. Responses have not been reviewed, approved or otherwise endorsed by the advertiser. It is not the advertiser's responsibility to ensure all posts and/or questions are answered.

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