How to Choose a Metal Card
Generally speaking, metal cards have high annual fees and require good-to-excellent credit. That said, they may also have valuable perks like lounge access and travel credits.
While once a privilege reserved for high-end rewards cards, metal cards are now offered by most major issuers. But are they worth it?
Aesthetics
Metal cards are a great option Metal Card for those looking to add some flair to their wallet or business card collection. These credit cards typically contain stainless steel or a combination of metal alloys that gives them a sleek and premium look. They are often embossed with intricate patterns, logos or the cardholder’s information, adding to their aesthetic appeal.
The metal credit card trend started more than two decades ago with the Centurion Card, known as the Black Card in America, but has since grown to include cards for the average consumer. These metal cards stand apart from their plastic counterparts with opulent perks, hefty annual fees and sleek designs.
In addition to their premium looks, metal cards have an advantage over their plastic counterparts in that they are harder to damage or destroy. This makes them a good choice for people who want to protect their identity and credit card information. However, this is not the case for all metal cards, as there are ways to make them less durable.
While a metal card can certainly add some panache to your wallet or collection, its design should not be the main reason you consider getting one. Instead, focus on the perks that are most valuable to your finances. For example, if you’re a traveler, you may want to opt for a card that offers luxury travel benefits like lounge access and free hotel stays.
Durability
Unlike plastic cards, which can crack or break, metal credit cards are durable and designed to last. They can be made of brass, stainless steel, copper, titanium, gold or a mix of these materials and some also come with RFID blocking technology to prevent identity theft and card skimming. They’re also a more durable option for frequent travelers, with some able to withstand the wear and tear of regular use.
Many metal cards offer a sense of prestige and exclusivity. They’re often available only to people with excellent credit and high incomes, and they can be used to earn travel rewards, access to exclusive events or perks like airport lounge access, and more. Some cards also provide an additional level of security with features like a personal microchip, zero liability protection, and more.
However, not all metal credit cards are created equal. Depending on the card, some may set off metal detectors at airports or may be more difficult to destroy than their plastic counterparts. It’s important to weigh the pros and cons of each before choosing a card. Kerr recommends assessing the card’s core benefits, such as rewards programs and other perks, before deciding whether it’s right for you. Also, consider nxp mifare desfire how the card will be used and where it’s stored to help you choose the best one for your needs.
Security
Metal cards add panache to the credit card experience and are often perceived as a status symbol. However, a credit card’s aesthetics shouldn’t be the only factor when choosing a credit card. Cardholders should consider the benefits and perks offered by each card, including rewards programs and annual percentage rates. Moreover, they should carefully weigh the value of a metal credit card against its cost and ease of use.
Metal card production is a complex and expensive process. Printers must have access to stainless steel and special inks. Additionally, they must purchase flatbed printers that are capable of printing on both sides of the card. A flatbed printer that uses ultra-jet UV digital inks is ideal for producing metal cards. The technology can be used to print on a variety of unique surfaces, such as metals, plastics, and paper.
Adding a biometric fingerprint authorisation to contactless metal cards can provide added security for high-value cardholders. This feature will remove the need for PINs and payment limits, while ensuring that the card is linked to its owner in a way that cannot be replicated.
If a metal card is stolen or compromised, cardholders should return it to its issuer. Many card issuers recommend this and will include an envelope with prepaid postage when the new card is issued. Alternatively, cardholders can bring the card to their local bank branch if they have one nearby.
Rewards
When American Express introduced its metal Centurion Card in 1999, it instantly oozed luxury and prestige. Since then, other issuers have jumped on the bandwagon, offering metal cards with various designs and a variety of materials. From stainless steel to 24 karat gold, there are a number of options available for the cardholder looking for a metal credit card with unique design and rewards program.
Metal cards often come with a sizable welcome bonus, high rewards rates in specific categories and unique travel benefits and protections. But if you’re considering one, make sure it will meet your specific spending and travel needs. Otherwise, you may be better off with a non-metal card that offers the same value and meets your spending goals.
Most metal credit cards are premium products and require a good to excellent credit score to qualify. They can also have high annual fees although that is often the price of admission to accessing great rewards programs, welcome bonuses and perks such as airport lounge access or loyalty program elite status. If you’re considering a metal card, it is important to compare the annual fee against the card’s earn rate, bonuses and perks. If the card can’t justify its cost with top rewards in your spending categories, consider a card with a lower annual fee instead.