What is the World Elite Concierge?

The highest level of Mastercard is World Elite Mastercard, followed by World Mastercard and Standard Mastercard. Each Mastercard level has its own package of cardholder benefits. The higher the level, the more lucrative the benefits.

Here are the World Elite Mastercard benefits:

• World Mastercard benefits: These include standard Mastercard benefits such as car rental insurance, extended warranty and price protection. Benefits like travel accident and trip cancellation insurance are also included.… read full answer
• Extra Travel Insurance: $1,000,000 in travel accident insurance ($800,000 more than World Mastercard)
• World Elite Programs: Exclusive discounts and complimentary extras for hotel stays, air travel, cruises, tours, ride-sharing, online shopping, food delivery services, and more.
• Premium Experiences: Exclusive access and VIP treatment with discounts to a wide range of experiences. These include activities in over 40 cities around the world (private tours, cooking lessons, meet and greets, and more), golfing experiences with PGA Tour and exclusive access to clubs worldwide.

One of the best World Elite Mastercard credit cards is the Citi® / AAdvantage® Platinum Select® World Elite Mastercard®. In addition to all the World Elite perks, you’ll get a bonus of 50,000 miles for spending $2,500 in the first 3 months. This co-branded airline miles card also comes with a 0% foreign transaction fee. Plus, it features a $0 intro 1st yr, $99 after annual fee.

The Citi AAdvantage Platinum Select’s travel-friendly features include 2 miles per $1 spent on eligible American Airlines purchases, 2 miles per $1 at gas stations and restaurants, and 1 mile per $1 on all other purchases. Citi AAdvantage Platinum Select also offers preferred boarding and a free checked bag for the cardholder and up to four companions.

The World Elite Mastercard annual fees range from $0 to $995, depending on the card. Although most World Elite Mastercard credit cards do charge a fee, Mastercard does not determine annual fees because it does not issue its own cards. Instead, the banks and credit unions that issue credit cards on the … read full answerMastercard network decide the fees. The purpose of an annual fee is to reduce the cost of the card’s rewards and benefits for the issuer.

To put the range of World Elite Mastercard annual fees in perspective, the average annual fee among all new credit card offers is $22. Some cards charge no fee at all, while others charge a lot.

Notable World Elite Mastercard Annual Fees

• U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: $0
• Citi® / AAdvantage® Platinum Select® World Elite Mastercard®: $0 intro 1st yr, $99 after
• Capital One Savor Cash Rewards Credit Card: $95
• JetBlue Plus Card: $99
• American Airlines AAdvantage® Aviator™ Silver Credit Card: $199
• HSBC Elite Credit Card: $395
• Citi® / AAdvantage® Executive World Elite Mastercard®: $450
• Mastercard® Gold Card: $995

Finally, you should also keep in mind that a World Elite Mastercard may have other fees in addition to its annual fees, such as foreign transaction fees, balance transfer fees, cash advance fees and late fees.