What is the Mastercard Gold Card credit score requirement?

Mastercard Gold Card points are worth 1.33 cents per point, on average. The value of Mastercard Gold Card points depends on how they are redeemed. For example, points from Mastercard Gold Card are worth up to 2 cents each when redeemed for cash back.

Mastercard Gold Card Point Values

Tips for Maximizing the Value of Mastercard Gold Card Points

Redeem Mastercard Gold Card points regularly.

Mastercard Gold Card points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation.

Redeem points for Cash back.

Mastercard Gold Card points are worth the most when redeemed for cash back.

Pay your bill in full every month.

The Mastercard Gold Card card's regular APR is high enough to erode your rewards earnings if you carry a balance from month to month.

Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card, and The Platinum Card® from American Express. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting. For example, in the case of the Amex Centurion Card – also known as “the Black Card” – you reportedly need to charge at least $100,000 across Amex credit cards every year to even qualify for an invite.… read full answer

Credit Cards That Millionaires Use

• Centurion® Card from American Express
• J.P. Morgan Reserve Credit Card
• The Platinum Card® from American Express
• Chase Sapphire Reserve®
• Citi Chairman Credit Card

When invite-only cards aren’t a good option, some millionaires choose premium travel rewards cards such as American Express Platinum card and Chase Sapphire Reserve. People with good-to-excellent credit who are approved for either card can expect lucrative bonuses, generous rewards on purchases, and other perks that will more than offset their hefty annual fees. American Express Platinum card charges $695 a year to own, and the Chase Sapphire Reserve likewise carries a big price tag with its $550 annual fee.

Millionaire business owners may also get good use from a business credit card such as American Express Business Platinum card, a top choice for frequent travelers who don’t mind shelling out $695 a year for all the high-end perks the card offers. Chase Ink Preferred is another attractive option for business owners with seven-figure incomes, as the card offers stellar rewards on business-related purchases and a significantly lower annual fee ($95) than American Express Business Platinum card.

Barclaycard approval odds largely depend on your credit score, income and debt. All Barclays credit cards require a minimum of 700 or 750 credit score; this means you need either good or excellent credit to get approved for a Barclaycard. And that alone tells you the average American’s Barclaycard approval odds aren’t so hot. The average credit score is below 700, and you need to be above that mark for good Barclays approval odds.… read full answer

Here’s what you should know about your Barclaycard approval odds:

• Barclaycard will consider your credit history, income, existing debt and number of recent inquiries, among other things, when reviewing your application. The exact approval criteria for each card aren’t public, though.
• Some Barclaycards require excellent credit for approval.
• The vast majority of Barclaycard credit cards require at least good credit for approval.
• When applying, you must provide your permanent address, date of birth, Social Security number and mother’s maiden name.
• Business card applicants must provide their company’s legal name, trade name and phone number, plus how many employees they have, how long they’ve been in business, and their annual revenue.
• You can’t check if you’re pre-approved for a Barclaycard. You could receive a pre-approved offer in the mail, but there’s no way to request that.
• You should check your latest credit score before applying. If it’s not good enough for a Barclaycard yet, you’ll want to look into other cards for building credit.

The best thing you can do for your Barclaycard approval odds is use credit responsibly. Paying down balances, making payments on time and not maxing out your existing cards all help your chances. And if Barclaycards aren’t a realistic option right now, you still have choices. Plenty of other credit card companies have offers for people with fair, limited and bad credit.