Mastercard Titanium Card

Mastercard Titanium card is an elegant, heavy credit card constructed from carbon and stainless steel that gives 1 point for every dollar spent on purchases of all kinds and comes with a substantial annual fee of $195. Rewards can be used to redeem the rate of 2 cents for each point to pay for flights. This card comes with security and travel advantages that align with its cost.

This Card Is Ideal For

The Mastercard Titanium card is designed for those who want a wide variety of credits and benefits with a single card. However, its price of $195 and stylish design and materials are also a great choice for those who prefer to pay a high price for the bling. The ideal customer is unsure about the value of rewards since they might earn more rewards from other cards.

Rewards Earning Details

You'll earn 1 point for each dollar you spend on all purchases, and there are no bonus categories, which is a very low amount for any credit card, much less one that has a high cost. There's no limit on the number of points you earn. Points won't expire as the account remains active, open, and in good condition.

Rewards Redemption Details

You have a wide range of reward redemption options when you use this card; however, one is the best option as it offers the most worth for your points. The redemption of your points to pay for flights yields a value of 2.25 cents per point. Other redemptions will have a lower value, usually one cent for each point. The redemption options are cars, hotels, and cash back via direct deposit or cash back on a bill credit, gift card, and even merchandise.

To redeem your rewards, go to MyLuxuryCard.com or contact the customer service number on the back of the card. Redeeming points start at 50 points for redemption of airfare or 100 points for cashback credit on statements of hotels, hotel stays, and rental car redemptions. Minimums for gift cards and other merchandise depend on the product you want to redeem points for.

Tips to Maximize Your Earnings

Every purchase earns 1 point per dollar, so there's not much you can do to increase your earnings on rewards other than to use the card often. To maximize your rewards, you can use your points towards air travel instead of other options for redemption to earn the value at 2 cents per point, which is double the value of points for other redemption options.

Cardholder Experience

Barclays, which issued this card, was ranked seventh in the 2021 J.D. Power Credit Card Satisfaction Study, with an overall lower score than the mean for all major card issuers. The bank gives access to customer support 24 hours per day, seven days, seven days a week. This is typical for major issuers of credit cards. In addition, you'll get access to the FICO credit score; the standard score banks employ when making lending decisions. You should check your score frequently to determine where you are and what you can do to improve it. Customer service can be reached via 844-589-2273. Alternatively, you can manage your accounts online using the Luxury Card app, developed by the organization that handles the card's rewards and benefits.

Security Features

The security features of this card are in line with the industry standards. The card comes with the Mastercard Identity Theft Protection benefits that allow you to replace your card and inform credit bureaus if you suspect yourself the person who has been the victim of identity theft. Additionally, the card is chip-and-PIN compatible which lets you make purchases on unattended terminals in foreign countries that only accept chip-and-pin transactions.

Fees to Be Watchful for

This Mastercard Titanium card's $195 annual cost is more expensive than other cards with higher rewards and advantages. If you're looking to benefit from this 0% interest deal, consider that the fee for balance transfers is either $5 or 3 percent of the value of any account transfer, which is higher. While it's the standard charge on most cards, a handful of specifically designed balance transfer cards don't charge any balance transfer fee during an introductory period. Still, they might not provide rewards for credit cards.

Pros

Introduction 0% APR

Balance transfers funds to your account within the first 15 days after the account opening receive a 0 APR of 1% for the initial 15 billing cycles beginning from the date of the transfer. This isn't the longest balance transfer deal available, as it doesn't include an offer of promotional APR on purchases. It's still a good reward credit card.