Mastercard® Titanium Card™ Review
The MasterCard® Titanium Card™ is designed for the jetsetter with an eye toward rewards. Those rewards are worth more when you redeem them for airfare (2%).
Mastercard® Titanium Card™
CardRatings Editor's Analysis: Pros & Cons
- Your points are worth more when you redeem them for airfare – at a 2% redemption value, 50,000 points can be redeemed for a $1,000 flight.
- Airport "meet and greet" service means a faster, easier start to your vacation or business trip.
- Enjoy an intro 0% APR for 15 billing cycles on balance transfers made within the first 45 days of account opening (then, 15.74% Variable).
- The annual fee is not for the faint of heart at $195. If you won't use the card enough to offset the fee with rewards points, consider another travel-focused card with a lower fee.
This exclusive, luxury credit card is made of brushed stainless steel; it clangs when it falls from your hand and is heavier than most other cards that you'll be carrying in your wallet.
And this heavy-hitting card comes with some heavy-hitting perks, but more on that soon. First, the rewards.
When it comes to rewards, you earn one point for every $1 spent on purchases with the Mastercard® Titanium Card™. At first glance, that doesn't look like that great of a rewards program, but – and this is a big "but" for the jetsetters out there – your points are worth more (2%) when you redeem them for airfare.
Hello, $1,000 flight for 50,000 points.
Another big advantage? Your reward points can be redeemed instantly, making that last-minute trip a real possibility. And with no limits to the points that you earn nor blackout dates or seat restrictions, the sky is truly the limit for the freebies you can earn with the Mastercard® Titanium Card™.
A few more features:
- An introductory 0% APR on balance transfers (made within 45 days of account opening) for 15 billing cycles (then, 15.74% Variable).
- Easy reward tracking via your monthly statement.
- ID theft resolution and luggage delay insurance.
- 24/7 luxury concierge service.
- Airport "meet and greet" service through which a professional will meet and escort you through airport procedures.
Period: for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. After that, (and for balance transfers that do not post within 45 days of account opening) your APR will be 15.74%. This APR will vary with the market based on the Prime Rate.
- $100 statement credit online bonus after making at least $1,000 in purchases in the first 90 days of account opening.
- 0% Introductory APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 13.74% - 23.74% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
- No annual fee.
- No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
- Access your FICO® Score for free within Online Banking or your Mobile Banking app.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Getting more value when redeeming your rewards for airfare is a decidedly alluring advantage for the Mastercard® Titanium Card™, and it makes the $195 annual fee quite a bit easier to swallow.
Fifty thousand rewards points can be redeemed for a $1,000 ticket on any airline with no blackout dates or seat restrictions, giving Mastercard® Titanium Card™ a rich travel rewards component.
For those less apt to redeem every point for travel, utilizing a 1% statement credit is a nice way to get back some dough in exchange for the charges you make with the Mastercard® Titanium Card™. And there are plenty of other rewards options as well. Rewards earned with a Mastercard® Titanium Card™ can be redeemed for gift cards; merchandise such as electronics, sporting goods and items for the home; and experiences like guided fishing trips, vacation packages or tickets to major events.
And the fact that there are no limits on its rewards, as mentioned above, gives the Mastercard® Titanium Card™ an edge.
But this card really earns its place in the wallets of people "suffering" from wanderlust.
As you would expect, the Mastercard® Titanium Card™ doesn't charge foreign transaction fees, but it does offer you special access to chauffeured transportation services and even chartered jets or yachts.
With a $195 annual fee and a $95 fee charged for each additional authorized user, the Mastercard® Titanium Card™ is a luxury credit card with a price that isn't for everyone. Sharing the card with three or four family members would cost $480 and $575 per year, respectively. This is a bit on the high side for a credit card, but may be worth it for those who travel frequently and are comfortable charging thousands of dollars annually in order to reap the full rewards potential. If you really want to travel in luxury, however (and can foot an even higher annual fee) you might want to consider the Mastercard® Black Card™ (more on that below).
Mastercard® Titanium Card™ vs. Mastercard® Black Card™
The Mastercard® Black Card™ is the next step up from the Mastercard® Titanium Card™ and as such offer the same features as the Mastercard® Titanium Card™ and then some. Like the Titanium card, the Black Card™ is made of brushed stainless steel. You earn one point for every $1 spent on purchases with the Mastercard® Black Card™ and those rewards points are worth extra when you redeem them for airfare (that 2% figure discussed above).
But, there's more. The Mastercard® Black Card™ also offers up to $100 annually to cover your incidental airline fees (think luggage fees or in-flight refreshments), access to 1,300+ airport lounges around the world, a fee credit every five years to cover your Global Entry or TSA Precheck application fee and luxury gifts simply for being a loyal card member.
As you would expect, the Mastercard® Black Card™ also has a much higher annual fee, $495, and you pay $195 for each additional authorized user on the card. In other words, if you aren't willing to put all the perks to use, you'll probably do just as well with the Titanium card and its much lower annual fee. Terms and conditions apply
Mastercard® Titanium Card™ vs. Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card isn't what you would necessarily call a luxury card, but it does offer some significant benefits for the regular traveler – and at a cost of just $95 annually.
With this card you earn 5X total points on all travel purchased through the Chase Ultimate Rewards® portal; 3X points on dining, including eligible delivery services and takeout; 3X points on online grocery purchases (excluding Target, Walmart and wholesale clubs); 3X points on select streaming services; 2X points on travel purchases; and 1X point on all other purchases. The introductory bonus offer of 60,000 points after spending $4,000 in the first three months is worth $750 toward travel when you redeem for travel through Chase Ultimate Rewards®.
The Mastercard® Titanium Card™ does offer some luxury perks you won't get with Chase Sapphire Preferred®, but if you don't see yourself putting those perks to good use, the lower-annual-fee Chase Sapphire Preferred® Card is likely a better option.
Mastercard® Titanium Card™ vs. The Platinum Card® from American Express
American Express is a CardRatings advertiser.
With The Platinum Card® from American Express you'll receive a $200 airline fee credit for incidental charges with a pre-selected airline, concierge service and access to the Global Lounge Collection® of airport lounges. Travel purchases through the Amex travel portal earn five Membership Rewards® points (on up to $500,000 on these purchases per calendar year) and you can also earn 100,000 Membership Rewards® points when you use a new card to make $6,000 in purchases in your first six months. Keep in mind, however, that your point value isn't increased when you redeem for airfare, as it is with the Mastercard® Titanium Card™. Enrollment required for select benefits.
The Platinum Card® from American Express also comes with a much higher annual fee of $695.
Also keep in mind that unlike typical credit cards, the The Platinum Card® from American Express allows you to carry a balance for certain charges, but not all, so you'll need to pay your balance off in full each month to avoid costly fees. If you occasionally carry a balance, the Mastercard® Titanium Card™ is likely a better option.
This card was built for frequent travelers who are heavy credit card users. If you'll put the points to good use – particularly in enjoying that extra value by redeeming for airfare – the Mastercard® Titanium Card™ is a worthwhile option to consider. Plus, if you're someone who wants to be treated like a VIP when you travel, this card will help you get there.Terms and conditions apply
(See Rates and Fees; terms apply of The Platinum Card® from American Express)
Mastercard® Titanium Card™ Compared to Other Balance transfer Cards
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