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%) and a 0% intro APR on balance transfers made within 45 days of account opening as well as luxury travel perks make this card worth a look.
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.
- 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 you spend 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 14.99% 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.
- Earn 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening
- Earn 2 AAdvantage® miles for every $1 spent at gas stations and restaurants
- Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases
- Earn a $125 American Airlines Flight Discount after you spend $20,000 or more in purchases during your cardmembership year and renew your card
- No Foreign Transaction Fees
- First checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation
- Enjoy preferred boarding on American Airlines flights
- The standard variable APR for Citi Flex Plan is 15.99% - 24.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion
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 you spend 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.
Mastercard® Titanium Card™ vs. Chase Sapphire Preferred® Card(This card is not currently available on CardRatings)
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 two points per dollar spent on travel and dining at restaurants and one point per dollar on all other purchases, meaning you have a great opportunity to rack up points. The introductory bonus offer of 80,000 points after spending $4,000 in the first three months is worth $1,000 toward travel when you redeem 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.
The information related to Chase Sapphire Preferred® Card has been collected by CardRatings and has not been reviewed or provided by the issuer of the card.
Mastercard® Titanium Card™ vs. The Platinum Card® from American Express
(This card is not currently available on CardRatings)
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 and you can also earn 60,000 Membership Rewards® points when you use a new card to make $5,000 in purchases in your first three 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™. American Express is a CardRatings advertiser.
The Platinum Card® from American Express also comes with a much higher annual fee of $550.
Also keep in mind that The Platinum Card® from American Express is a charge card as opposed to a credit card, so you'll need to pay your balance off in full each month to avoid costly late 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.
(See Rates and Fees of The Platinum Card® from American Express)