Updated Sep 08, 2020 | Published May 13, 2020 • 13 min read
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The Mastercard Titanium Card is a premium metal rewards credit card that earns 1X point per dollar and provides a host of benefits geared toward the frequent traveler.
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Our Rating: 3 Out of 5 Stars
We give the Mastercard® Titanium Card™ three out of five Stars. While it provides some value through its benefits, the rewards are quite lacking, and you’d expect more from a card with this kind of price tag.
Why We Like It
Certain benefits could save you a good deal of money, like travel and shopping discounts
Patented brushed stainless steel front and carbon back—weighing 22 grams.
2% value for airfare redemptions with no blackout dates or seat restrictions. 1% value for cash back redemptions. Earn one point for every one dollar spent.
1% value for cash back redemptions.
24/7 Luxury Card Concierge®—Available by phone, email, and live mobile chat.
Exclusive Luxury Card Travel® benefits—average value of $500 per stay (e.g., amenities, room upgrades and complimentary food and beverages) at over 3,000 properties.
Members-only LUXURY MAGAZINE®.
Cell phone protection for eligible claims of up to $1,000 each year. Plus Lyft credits, ShopRunner membership, Fandango perks and more.
Annual fee: $195 ($95 for each Authorized User). Terms and conditions apply.
The Mastercard Titanium Card is a brushed stainless steel rewards card, designed for regular travelers with excellent credit scores.
Considering the annual fee, the rewards program is not as lucrative as what you may find on other cards with high fees. But the benefits, like the travel perks and concierge you can reach through live in-app chat, can be fairly valuable depending on how you use them.
This is a thick, heavy, metal credit card, so it may be the card for you if you want to make an impression.
The Titanium card is on the lowest end of the Luxury Card line of rewards credit cards, which includes:
Travel in style and comfort: Use the VIP Hotel & Travel benefits as often as possible each year to get as much value as you can from this card.
Getting help is easy: Download the Luxury Card app to chat with a concierge to get exclusive tickets and help with requests.
Redeem rewards for airfare: Only redeem points for air travel to maximize rewards value, to get a value of 2% cash back. And only use the card for spending when you wouldn’t earn the equivalent of 2% cash back or more with another reward card.
Make sure you’re on the move enough first: The value from this card comes from its benefits, so before you apply, make sure it suits your lifestyle.
Consider a different card for balance transfers: This card has a 0% APR for balance transfers, but it’s probably not a good idea to transfer a balance to a card with such a high annual fee when you could use that to pay down the balance. Instead, take a look at some other balance transfer cards.
Limit your high-end travel cards: You probably don’t need more than one high annual fee travel card in your wallet, whether it’s this card or one of its top competitors, because they tend to have similar benefits.
This card earns the equivalent of 2% cash back on all purchases when you redeem points for airfare. Otherwise, when you redeem for statement credits or to a bank account, you’ll only get the equivalent of 1% cash back.
Many travel cards, especially those with annual fees, earn a big introductory bonus when you spend a certain amount in the first few billing cycles of account opening — but this card does not.
1X point per dollar on all purchases
There are two possible values you’ll get when you redeem points:
1 cent per point when you redeem as a statement credit, direct deposit to a bank account, or for hotels, car rentals, gift cards, or merchandise
As long as the account is open and in good standing, the points don’t expire.
Reward redemptions on this card start at $1 of redemption value. That means you can cash in as few as 50 points at a time when you’re redeeming for airfare, since that’s what it takes to equal $1 in airfare. Otherwise, you’ll need to redeem a minimum of 100 points at a time, since the points don’t go as far with other redemption options.
A maximum of 2% cash back is low for a card with an annual fee, especially one over $100. For comparison, the Citi® Double Cash Card – 18 month BT offer (Review) has no annual fee and earns 2% cash back on everything you buy (1% for payments, 1% for purchases as long as you pay at least the minimum due on time). But, that card does not have the same level of benefits offered by the Titanium card.
There are a few major benefits with this card, along with a variety of less valuable perks. Here are some of the highlights:
VIP Hotel & Travel Benefits: Each year, cardholders get a physical book that covers many different travel benefits. Some of these include car rental discounts and upgrades, and discounts or valuable credits at certain hotels. If you want to see the 2020 copy of the book sent to cardholders, there’s a digital version online here.
Luxury Card Concierge: Most credit card concierges are available by phone, but Luxury Card also offers an app where you can chat live with a concierge. You may find this useful for booking travel and related assistance, like finding restaurants in a new city. The concierge may also have access to tickets to sold-out concerts and events or be able to help you get other limited-availability reservations.
Luxury Magazine: According to the Luxury Card website, cardholders get a magazine that’s “exclusive to Luxury Card members.” However, they probably only mean the print edition is exclusive, since anyone can see it online at luxurymagazine.com. This doesn’t seem like a valuable benefit, and can actually be kind of annoying, because they print and send this big book even if your account is set up as paperless.
Lyft credit: Get $10 in Lyft credits per month when you take five rides and pay with your card.
Boxed discount: Get 5% cash rewards on eligible Boxed.com purchases.
Fandango discount: Enroll in Fandango VIP for free to earn 250 Fandango VIP+ points per ticket, enough for a $5 reward.
ShopRunner: Enroll in ShopRunner to get free two-day shipping and returns at participating online retailers.
onefinestay membership: Get a 10% discount on onefinestay bookings, plus free WiFi and a complimentary iPhone (with free local calls and data) to use during your stay.
Luxury Gifts: This benefit is somewhat ambiguous. The official Luxury Card website says the gift program “has no predetermined schedule or frequency.” From what we gather based on conversations with customer service, you might get some surprise packages in the mail occasionally if you have this card.
Cell phone protection: You’ll be covered for up to $600 in cell phone damages or theft; does not cover lost phones.
Travel accident insurance: You and yours are covered from accidental death and loss of limb, sight, or speech up to $250,000.
Trip cancellation/interruption insurance: Secondary coverage for your trips; you could be reimbursed for up to $5,000
Auto rental collision damage: Your eligible rental cars are covered against theft and collision damage, as long as you decline the rental company’s own insurance.
Baggage delay insurance: You can be reimbursed for the cost of replacing eligible items if your luggage is delayed more than 12 hours.
Travel assistance: Provides information about your travel destinations, 24/7, including medical and legal referrals
The Terms & Fees
Balance Transfer APR
Cash Advance APR
0% for 15 months, then 14.99% Variable
Foreign Transaction Fee
Balance Transfer Fee
Cash Advance Fee
3% ($5 min)
5% ($10 min)
Returned Payment Fee
Up to $37
Up to $37
The main consideration here is the annual fee. Authorized users cost an additional $95.
Oddly, there’s an introductory APR for balance transfers, which probably isn’t something people considering this card would want. Instead of getting this card with its high annual fee, that money could be put toward paying off existing credit card debt instead of transferring it. And if you’re looking to do a balance transfer, there are cards with much better offers.
The Bottom Line
The main value of the Mastercard® Titanium Card™ comes from its benefits. You could save quite a bit of money, depending on how much you utilize the VIP Hotel & Travel benefit.
The rewards, in relation to the price, could definitely be better. If you redeem them for airfare, you’ll get the equivalent of 2% cash back. But for the price of $195, that doesn’t seem worth it. There are other travel cards that offer higher rewards for a lower fee (see some of them below).
While this is a heavy, metal card, there are other travel cards like it with more useful benefits. So if you’re looking to make a statement with a metal card, you should probably look elsewhere. You’d get more value from one of the other high-end cards on the market.
How to Apply for the Mastercard Titanium Card
The Mastercard Titanium Card card is issued by Barclays. If you submit a credit card application, they’ll usually check your TransUnion credit report.
This card is designed for people with excellent credit, so if your credit doesn’t meet the minimum requirements you may not be approved. But, keep in mind that credit approval relies on more than just credit scores, and you may qualify with lower scores (or be denied with great scores).
Qualifications and Requirements
Must be 18 to apply
Personal information: Name, address, email, phone number, Social Security number, date of birth, mother’s maiden name, citizenship status
Financial information: Housing status, time at address, monthly payment , employment status, gross income
You’ll earn points on Lyft, dining, and travel. Coupled with the 50% redemption bonus when you redeem them through Chase Ultimate Rewards, you’re looking at a much higher cash back equivalent than you’d see with the Titanium.
Another area where you’d find more value with this card are in the point transfers. Chase features 1:1 transfer options to leading airlines and hotels, and you could potentially get more value from your points if you transfer them over. The Titanium card doesn’t offer any transfer options.
There’s an annual $300 credit that can be applied to any travel expense as well as credits for Global Entry/TSA PreCheck application fees, effectively dropping the annual fee to about $225.
In addition, the Reserve provides the very valuable Priority Pass Select membership, granting access to many airport lounges. There are more protections for shopping and travel, too.
So for about $30 more, you could earn more rewards and travel much more comfortably.
10X Ultimate Rewards points per dollar on Lyft rides
3X Ultimate Rewards points per dollar on:
1X Ultimate Rewards point per dollar on all other purchases
Introductory Bonus Offer
50,000 bonus points for spending $4,000 in the first 3 months after account opening
There’s a 50% bonus when you redeem your points for eligible travel through Chase Ultimate Rewards. That means points would be worth 1.5 cents each when you use the portal.
That way, you’d be earning the equivalent of 4.5% cash back in the travel and dining categories. And it would be a 2% cash back equivalent for all other purchases, which is just as much as the Mastercard Titanium Card offers for airline redemptions.
As mentioned, you could find even more value if you transfer your points to Chase’s travel partners. With their 1:1 transfer rate, you could transfer them to an airline or hotel partner and book a nice trip. We recommend holding out until you can locate a deal that would give you around 2 cents per point, giving you a solid return on your spending.
50% point bonus when redeeming for travel expenses through Chase Ultimate Rewards
Point transfer: Transfer your points at a 1:1 rate to a variety of airline and hotel loyalty programs, like United, JetBlue, and Marriott Bonvoy.
$300 annual travel credit: You’ll get a $300 travel credit every year that will be automatically applied to any travel-related expenses you charge to your card.
Priority Pass Select membership: Cardholders get a complimentary Priority Pass Select membership, which provides access to over 1,000 airport lounges worldwide plus a selection of restaurants.
Luxury Hotel & Resort Collection: The Luxury Hotel & Resort Collection provides some complimentary services and benefits at participating hotels and resorts, including room upgrades, daily breakfast for two, and special gifts.
Global Entry or TSA PreCheck application fee credit: Get a statement credit to offset the cost of signing up for Global Entry ($100) or TSA PreCheck ($85).
Elite hotel benefits at Relais & Châteaux: Cardholders get accelerated progress towards Club 5C member status with Relais & Châteaux luxury hotel and resort properties.
Visa Infinite Concierge: Call 1-877-660-0905 for non-emergency help of all kinds, like making dinner reservations or finding good tickets to a show.
Special car rental privileges: Get rental upgrades, discounts, and promotional offers at rental companies like Avis, Silvercar, and National Car Rental.
Lyft Pink membership: One free year of Lyft Pink, which includes 15% off rides, relaxed cancellations, surprise offers, and priority airport pickup
DoorDash membership: A free membership (DashPass) for a year, which provides free delivery for orders of $15 or more
$60 annual DoorDash credit: Get $60 in DoorDash credits in 2020, and $60 in credits in 2021.
Shopping protections: You’ll get purchase protection when shopping, extended warranty protection, and return protection.
Travel protections: Travel and emergency assistance, emergency medical and dental protection, trip delay reimbursement, and much more
Purchase and Balance Transfer APR: 16.99%-23.99% Variable
While it does come along with an annual fee of $550, it also offers a number of annual credits to help offset it.
There’s an annual $200 incidental airline fee credit, a fee credit for Global Entry/TSA PreCheck, a $200 yearly Uber credit, and an annual $100 Saks credit. When taking those into account, the fee effectively drops to about $25. But, while the Saks credit may be useful depending on how much you care about Saks, that credit may not be as valuable as the rest for some cardholders.
The Amex Platinum would easily prove more rewarding than the Titanium card. The Platinum also offers point transfers, so you could potentially get even more value for your points than typical redemptions would provide, unlike the Titanium card.
As for the benefits, you’ll get plenty. They include Gold status at Marriott Bonvoy and Hilton hotels, providing extra points, room upgrades when available, and your 5th night free. You’ll also get extensive access to airport lounges (the best on any credit card). Those three together provide some serious value.
5X Membership Rewards points per dollar on:
Flights booked directly with airlines or with Amex Travel
Eligible hotels booked with Amex Travel
2X Membership Rewards points per dollar spent on other eligible purchases from Amex Travel
1X Membership Rewards point per dollar spent everywhere else
Introductory Bonus Offer
60,000 bonus points for spending $5,000 in purchases in the first 3 months
Global Lounge Collection: Provides access to a wide variety of lounge brands, such as Centurion, Priority Pass, and Delta Sky Club.
$200 airline fee credit: Get a $200 airline fee credit for incidental fees at one airline of your choice every year.
Fee credit for Global Entry or TSA Pre✓: Receive $100 as a statement credit to pay for the application fee for Global Entry every four years, or $85 for TSA PreCheck every four-and-a-half years.
Fine Hotels & Resorts Program: You’ll get room upgrades when available, daily breakfasts for two, complimentary WiFi, and more.
The Hotel Collection: A $100 hotel credit for every eligible two-night stay
Hilton Honors Gold status: Stay at hotels within the Hilton portfolio and get benefits like room upgrades, your 5th night free, and an 80% bonus on base points earned.
Marriott Bonvoy Gold Elite status: Receive perks like room upgrades, late checkout, and a 25% bonus on base points earned.
$200 in Uber credits each year: A statement credit for up to $15 in Uber rides (or Uber Eats) each month, except for December, which has a $35 credit
$100 annual Saks credit: Get statement credits for Saks Fifth Avenue every year: up to $50 from January to June, and up to $50 from July to December.
Platinum Dining program: Snag coveted reservations by calling your concierge service and selecting “Dining” from the menu.
Amex Offers: Receive discounts and extra point offers from dozens of participating merchants.
No foreign transaction fee
Annual fee: $550
Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
Enjoy VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status available to Basic Card Member only.
5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
5X Membership Rewards points on prepaid hotels booked on amextravel.com.
Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts® program at over 1,000 properties. Learn More.
$200 Airline Fee Credit, up to $200 in statement credits per calendar year in baggage fees and more at one qualifying airline.
Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. That’s up to $50 in statement credits semi-annually. Enrollment required.
While the annual fee is $250, there are a number of annual credits you get which knock it down to around $30.
You’ll get a $120 annual dining credit, which is broken up into $10 per month. There’s also an annual $100 airline fee credit, and when you book through the Hotel Collection program and stay two nights or more, you can get up to $100 in credit per stay.
In addition, you’ll earn much better rewards with this card than you would with the Titanium. It features extra categories with higher point multipliers, leaving you with way more points in the bank.
So there’s plenty of potential for saving and earning on top of all the protections and perks you can expect with a card of this caliber.
4X Membership Rewards points per dollar at:
U.S. supermarkets (up to $25,000 spent annually, then 1X)
3X Membership Rewards points per dollar on:
Flights booked directly through airlines or American Express Travel
1X Membership Rewards point per dollar on all other purchases
Introductory Bonus Offer
35,000 bonus points for spending $4,000 in the first 3 months
$100 airline credit: Get up to $100 for incidental fees when you fly, like airline meals or checked baggage fees. You must select a qualifying airline ahead of time to use the credit.
$120 dining credit: Earn up to $10 in statement credits monthly at participating restaurants and merchants, including Grubhub, Seamless, and Boxed.
The Hotel Collection: Get a $100 credit per stay for qualifying charges, and room upgrades when available.
Lowest Hotel Rates Guarantee: If you find your room being advertised for a lesser price you can be reimbursed for the difference.
The Travel Collection: Join the Travel Collection at no additional cost and access discounts and perks at select hotels, airlines, and car rental companies.
Gold Card Destinations: Get a $100 credit on eligible new bookings of vacation packages and cruises that cost at least $3,000.
Entertainment Access: You’ll be eligible for exclusive access to ticket presales and cardmember-only events.
American Express Preferred Seating: With Preferred Seating, you can get premium seats for concerts, sporting events, and more.
Complimentary ShopRunner membership: Enroll in ShopRunner to get free two-day shipping and returns with select retailers.
Shopping protections: Extended warranty and purchase protection
Travel protections: Personalized travel service, baggage insurance plan, global assist hotline, rental car insurance, and more
No foreign transaction fee
Annual fee: $250
Earn 35,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 3 months.
Earn 4X Membership Rewards® Points on Restaurants worldwide, including takeout and delivery.
Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
$120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
$100 Airline Fee Credit: up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline.
No Foreign Transaction Fees.
Annual Fee is $250.
American Express is a Credit Card Insider advertiser.
The Preferred is a step down from the Chase Sapphire Reserve® (Review). Like it, you can find a good deal of value in the 1:1 point transfers Chase offers to its travel partners.
And while the rewards aren’t as impressive as the Reserve’s, they’re still higher than what you would get with the Titanium. You’ll get a 25% redemption bonus through Chase Ultimate Rewards, too, upping the value.
You’d also save on the annual fee, as the Preferred costs less than the Titanium.
While you may get more from the Titanium’s benefits, the Sapphire Preferred has the Shop through Chase and Chase Offers shopping portals that may provide some value. There are also some great travel protections, including a primary auto rental collision damage waiver.
2X Ultimate Rewards points per dollar spent on:
Dining at restaurants
1X Ultimate Rewards point per dollar spent everywhere else
Introductory Bonus Offer
80,000 bonus points for spending $4,000 in the first 3 months
25% point bonus: When redeeming for travel expenses through Chase Ultimate Rewards
Point transfer: 1:1 point transfer to leading frequent travel programs at full value
15,000-point referral bonus: Receive a 15,000-point bonus for every friend you refer who applies and is approved, up to 75,000 bonus points per year.
Luxury Hotel & Resort Collection: Book through this program to get perks like daily breakfast for two, complimentary WiFi, room upgrades, early check-in or late check-out, and a unique gift.
Dedicated customer service specialists: Get 24/7 access to a dedicated customer service line.
Purchase and Balance Transfer APR: 15.99% - 22.99% Variable
No foreign transaction fee
Annual fee: $95
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 toward travel when you redeem through Chase Ultimate Rewards(R).
2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Brendan has been writing about personal finance for over eight years, and is now taking on the challenge of bringing high quality credit education to the masses. He makes sure that Credit Card Insider is covering the most important credit topics transparently and precisely, and that we have up-to-date reviews of credit cards so you can find cards that are right for you.
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