Credit Cards Credit Card Reviews

Mastercard Titanium Card Review

overall rating
2.9

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The Mastercard Titanium card is a heavy, stylish credit card made of stainless steel and carbon that offers 1 point per dollar spent on all purchases and costs a hefty $195 annual fee. Rewards can be redeemed at a value of 2 cents per point for airfare. The card comes with travel and protection benefits that befit its price.

Mastercard® Titanium Card™

overall rating
2.9
Mastercard® Titanium Card™
On Luxury Card's Secured Site.
Recommended Credit Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Excellent
Regular APR (%) 14.99% variable
Annual Fee $195
Rewards Earning Rate Earn one point for every dollar you spend.
INTRO BALANCE TRANSFER APR 0% for 15 Billing Cycles
Balance Transfer Fee Either $5 or 3% of the amount of each transfer, whichever is greater.
Foreign transaction fee (%) 0%
how this card stacks up
When compared among all rewards cards in our database:
Rewards
Benefits
Low Fees
Security/Customer Experience
Low Interest
worst best

Full Review of Mastercard Titanium Card

Pros
  • Introductory 0% APR on balance transfers

  • Solid points rewards

  • Ample premium benefits

Cons
  • $195 annual fee

  • No one-time offer

Pros Explained

  • Introductory 0% APR on Balance Transfers: Balance transfers that post to your account in the first 45 days of account opening get a 0% APR for the first 15 billing cycles from the date of transfer. This is far from the longest 0% balance transfer offer on the market, and there isn't a promotional APR offer on purchases. Still, it's a decent offer for a rewards credit card.
  • Solid Points Rewards: The points you earn with the Mastercard Titanium card can be redeemed at a value of 2 cents per point if you redeem them for airfare, which is a fairly rich and rare redemption value. Other redemption options like cash back or statement credits only receive 1 cent per point value, which is a common, if unexciting, value proposition.  
  • Ample Premium Benefits: You’d expect a card costing nearly two hundred dollars a year to have plenty of extra features, and the Mastercard Titanium card satisfies that expectation. Leading the way is a Luxury Card Concierge, to “assist you with travel bookings, various personal requests and more...24/7 with no hidden fees.” Included insurance benefits include coverage for baggage delays, cell phones, trip cancellations and interruptions, travel accidents, and rental car collision waivers.

Cons Explained

  • $195 Annual Fee: The Mastercard Titanium card charges a $195 annual fee from the time you get it; there's no waiver in the first year, as some cards offer. This fee is on the high side for the card’s relatively low rewards earning rate. That said, it does offer a package of benefits that's not easy to find on any one card, even among those that charge an annual fee. And the Mastercard Titanium card is a positive bargain compared with the Mastercard Gold card considering it has an annual fee of $995. That card allows you to get for 2 cents per point when redeeming for airfare as well as cash back or statement credits and comes with a 24k plated card but presents a bigger challenge to justify the cost.
  • No One-Time Offer: This card doesn’t offer points or cash as an incentive upon first purchase or after meeting an initial spending requirement. That’s extremely rare for a rewards credit card, especially one with a fairly high annual fee. Almost all such high-end cards proffer bonuses worth north of $1,000 in exchange for a required amount of spending.

This Card is Best For

  • Avatar for Rewards Strategist Persona
    Seeks to maximize points or miles earnings across spending categories
    Rewards Strategist
  • Avatar for Frequent Diner Persona
    Dines out regularly while traveling or in home city
    Frequent Diner
  • Avatar for Head of Household Persona
    Primarily responsible for household grocery and other major purchases
    Head of Household
  • Avatar for Driver/Commuter Persona
    Incurs gasoline or other commuting expenses each month
    Driver/Commuter

Mastercard Titanium card is for travelers who seek a full range of benefits and credits in a single card. But its $195 price tab and stylish materials and design make it also for those who are happy to pay a steep premium for bling value. The ideal cardholder is likely to be someone who is somewhat ambivalent about the value of the rewards they earn, as they could potentially earn more rewards with other cards.

Rewards Earning Details

You’ll earn 1 point per dollar spent on all purchases, with no bonus categories, a low number for any card, let alone one with a fee this steep. There is no limit to the number of points you can earn. Your points won’t expire as long as your account is open, active, and in good standing. 

Rewards Redemption Details

You technically have many reward redemption options with this card, but one stands out as offering the highest value for your points. Redeeming your points for airfare results in a value of 2 cents per point. All other redemptions result in lower valuations, which are typically 1 cent per point. Those redemption alternatives include hotels, car rentals, cash back as a direct deposit, cash back as a statement credit, gift cards, and merchandise.

To redeem your points, visit MyLuxuryCard.com or call the customer service number on the back of your card. Redemptions start at 50 points for airfare redemption and 100 points for cash back, statement credits, hotel stays, and car rental redemptions. Gift cards and merchandise minimums depend on the specific item for which you choose to redeem your points.

How to Maximize Your Rewards

All purchases earn 1 point per dollar spent, so there’s little to do to boost your return on rewards except to use your Mastercard Titanium card often. To maximize the value of your redemptions, use your points for airfare, rather than other redemption options, in order to realize a value of 2 cents per point—double the point value for all other options.

Mastercard Titanium Card's Outstanding Benefits

  • 24/7 concierge: Accessible by phone, live chat, and email to help meet your needs including research, finding difficult information, arranging special experiences, and more.
  • Airport meet and assist: Get through airport procedures in an expedited fashion with a professional representative escorting you through the process.
  • Baggage delay- and trip cancellation and interruption coverage: You may be eligible for reimbursement of covered items for up to $100 a day (to a maximum of three qualifying days) for qualifying baggage delays of more than 4 hours from the time you arrive at your travel destination (arrival at your primary residence is excluded). Coverage is secondary.
  • Cell-phone protection: Get supplemental coverage for eligible damage or theft of eligible devices.

Standard Benefits

  • Auto-rental collision damage waiver
  • Discounts or benefits from companies like Postmates, Lyft, Boxed, ShopRunner, Fandango and Onefinestay
  • Travel accident insurance
  • Travel assistance

Cardholder Experience

Barclays, which issues this card, was ranked fifth in the 2019 J.D. Power Credit Card Satisfaction Study, with an overall rating on par with the average for all national card issuers.The bank offers access to customer service 24 hours a day, seven days a week, which is standard for major card issuers. You’ll also get free access to your FICO credit score, which is the score most lenders use in lending decisions. Check your score regularly to know where you stand and what you can do to make improvements. You can reach customer service by calling 844-589-2273 or you can manage your account online or with the Luxury Card app, created by the company that manages the card’s rewards and benefits.

Security Features

This card's security features meet the industry standard. The card offers Mastercard ID Theft Protection benefits to help replace your card and notify the credit agencies if you find yourself a victim of identity theft. In addition, your card has chip-and-PIN capability, which allows you to make purchases at unattended terminals abroad that may only accept chip-and-PIN transactions. 

Fees to Watch Out For

The Mastercard Titanium card's $195 annual fee is higher than other cards that offer better rewards and similar benefits. If you plan to take advantage of the 0% APR offer, make sure you consider the balance transfer fee of $5 or 3% of the amount of each balance transfer, whichever is greater. While that’s a standard fee for most cards, a few dedicated balance-transfer cards charge no balance-transfer fee during an introductory period, but they may not offer credit card rewards.

Our Verdict

If you plan to use the ample benefits the Mastercard Titanium card offers regularly, and you redeem your rewards points solely for airfare, you might be able to justify this card’s $195 annual fee. Otherwise, you could probably net more value from a card with no annual fee that offers 1.5% cash back on all spending, or get similar travel benefits from other premium travel cards that have significantly lower annual fees.

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For Mastercard® Titanium Card™
on Luxury Card's Secured Site.
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CURRENT CARD
Mastercard® Titanium Card™
overall rating
2.9
Recommended Credit Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Excellent
Regular APR (%) 14.99% variable
Annual Fee $195
Rewards Earning Rate Earn one point for every dollar you spend.
Investopedia Credit Card Rating Methodology
Investopedia is committed to delivering the best credit card recommendations in the industry. We’ll tell you when a card is good, we’ll tell you when a card is bad, and we’ll only call a card the best if we would recommend it to our friends or family members.
Overall Star Rating Explained
To rate credit cards we objectively assess, score and weight nearly 100 individual card features which roll up into five major feature sets: fees, interest, rewards, benefits and security/customer service. Here’s how we weighted those feature sets for the overall star rating of a card:
We have applied our proprietary rating methodology to every generally-accepted credit card in the U.S. domestic market to allow consumers to make fully informed choices. It’s important to note that for our overall score that we make a number of assumptions about how you would be using your credit card:
  1. While we make no assumption as to whether balances are carried on a given card we do assign varying weights to all credit cards’ introductory APR (if present) in addition to the regular, long term purchase and balance transfer interest rates.
  2. We utilize BLS (U.S. Bureau of Labor Statistics) income and average category spending data to calculate annual earnings rates for rewards cards that offer cash back, points or miles rewards at a set rate on all spending or in consideration of bonus rewards for certain spending categories, like gasoline, groceries, restaurants or travel.
  3. We determine the maximum points value of rewards cards by dividing the points, cash back or miles required to exchange for the retail price of the most valuable redemption option (for example, in the case of a card that offers a domestic roundtrip airline ticket as a redemption option vs. another redemption option of lesser value that requires the same amount of points or miles to acquire, we would base the rewards value on the airline ticket).
  • Cards that are selected best overall in their respective categories generally feature most if not all of the following attributes:
  • Low or Reasonable Fees Credit card fees come in many forms but the primary ones involve those for annual card membership and balance transfer. There are a myriad of reward and non-reward card options that charge no annual fee but for the many that do assess an annual fee the cost is often justified by their lucrative ongoing rewards and initial signup bonuses. Balance transfer fees are occasionally waived during introductory periods with certain cards, a factor which is heavily and positively weighted in our scoring model for cards offering this benefit. When charged, balance transfer fees range between 3% - 5%, which we grade accordingly. Other standard fees can generally be avoided, such as those for paying late or taking cash advances but we rate those relative to other cards in the market for reference, though with less weight assigned
  • Competitive Interest Many cards offer 0% introductory APR on purchases and balance transfers for varying lengths and then revert to a permanent or regular APR (based on a variable rate tied to the prime rate) that applies to any balances not paid in full. We rate both introductory APR percentage and length (in months) along with the midpoint of the variable regular APR interest rate range.
  • Valuable Rewards Credit card reward programs can be based on cash back, points or travel rewards (which can be generic or travel partner-specific, as with airline and hotel co-brand card programs). For cards that offer rewards we determine the value per dollar spent along with average redemption values and assign more favorable ratings to cards that offer superior consumer value. We also assign value to sign-up bonus offers and their initial spending requirements, when present.
  • Excellent Benefits Credit card benefits cover a range of offerings like concierge service, TSA Pre-check, auto rental coverage, travel accident insurance, lost luggage assistance and free credit scores. We rate cards on the number and level of over a dozen standard and upscale benefits and provide extra weighting emphasis for those travel-related perks that apply to premium travel cards when present.
  • Solid Security/Customer Service Security and customer service features like lost or stolen card replacement, being able to lock one’s card from an issuer app and 24 hour customer support are becoming more standard across the card market and we provide a significant amount of weighting to features in this area.
  • You can also read the full version of our methodology for a more in-depth look at how we assess cards and award them the best in various categories.