What Are the 5 Different Types of Mastercards?


If you regularly use credit cards for purchases, you probably know the difference between the Mastercard logo and logos for other types of cards. What you may not know is that there are several different kinds of Mastercards to choose from. If you are in the market for a new credit card, take a look at our guide to the five different types of Mastercards to help narrow down your search.

Standard Mastercard

If you are just starting to build your credit history or you want a card that you can use to cover everyday expenses, you can’t go wrong with a standard Mastercard. With this type of card, you get zero liability protection for unauthorized purchases. You also get complimentary Mastercard ID Theft Protection, which allows you to monitor your credit file for changes that could indicate fraud, such as new credit inquiries, an address change, or a new account opened in your name. Some standard Mastercards also offer rewards programs, which let you earn cash back or reward points good for flights, gift cards and merchandise.

For example, the ABOC Platinum Rewards Credit Card gives you up to 5% cash back on purchases. In addition, you can earn a welcome bonus of $150 statement credit after qualified spending.

Gold Mastercard

A Gold Mastercard is designed to give you more purchasing power and more rewards on everything you spend. Travelers may find a Gold Mastercard particularly useful since these types of cards offer free travel assistance, travel accident insurance and roadside assistance. You can also get access to deals on shopping, dining and entertainment as well as discounts on airfare, hotels and car rentals with your Gold Mastercard.

Platinum Mastercard

If you’re looking for a premium credit card that offers enhanced privileges and benefits, a Platinum Mastercard may be right for you. These types of cards typically have a more generous rewards structure, plus extras like travel assistance and purchase protection, which reimburses you if something you buy is damaged, lost or stolen.

World Mastercard

If you regularly travel outside the U.S., taking along a World Mastercard can give you peace of mind should the unexpected happen. World Mastercards can unlock unique travel experiences, give you preferred access to our most exclusive offers, including VIP events, insider opportunities, and special promotions. With this type of card, members can take advantage of price protection, extended warranty protection and ID theft protection services on purchases as well as trip cancellation services if you’re unable to reach your destination. Members can enjoy discounts on vacation packages, travel upgrades and savings on golf, spas, dining out and entertainment. Frequent flyers will also appreciate personalized airport concierge service at more than 450 airports worldwide.

World Elite Mastercard

A World Elite Mastercard is the obvious choice for travelers who want to enjoy a luxury experience wherever they go. With this type of card, you can enjoy discounts on rooms at selected luxury hotels in cities around the world. Members can also take advantage of complimentary upgrades and discounts on things like car rentals, cruise packages, vacation tours and airfare. You can even get discounts on chauffeur services or flights aboard private jets. If you need help booking your trip or run into a problem when you’re away from home, a personalized concierge is available to assist you 24 hours a day, 7 days a week.

View the full list of MaterCard Credit Cards


With so many different types of Mastercards to choose from, it can be difficult to determine which one is right for you. The key to finding the best credit card is to consider how often you’ll use the card, where you’ll be making most of your purchases and what kind of fees are involved to make sure you’re getting the best deal.


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

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