The Benefits of a Metal Credit Card
The first metal credit card to spark buzz was the invite-only American Express Centurion Card (also known as the Black Card). Its luxurious design and coveted perks helped set a bar that other cards have since tried to match.
But a premium metal card comes with hefty annual fees and steep minimum income requirements, plus it often requires good-to-excellent credit to qualify. So, is it worth the splurge?
Durability
Unlike plastic cards, metal credit cards are much more durable and are designed to withstand heavy usage. They can be used to make payments, withdraw cash and conduct online transactions. They can also be used to sign documents and provide a secure way to store information.
These cards are a great choice for people who want to carry a stylish and durable card in their wallet. However, they are not suitable for everyone and may require a higher credit score and income to qualify for. Additionally, they are often more expensive than their plastic counterparts. In addition to a sleek design, metal cards also offer premium benefits like airport lounge access, concierge services and travel credits.
Metal credit cards are also more difficult to destroy than plastic credit cards. They are difficult to bend or cut with scissors, and they cannot be run through a shredder. In order to dispose of a metal card, the card issuer will send an envelope to return it to them for destruction.
While metal cards were once reserved for high-end customers, they are now available to a wider market. These cards are designed to be a Metal Card statement piece that shows a person’s status and wealth. In addition, they can be integrated with fingerprint biometric sensors to add an extra layer of security.
Aesthetics
Metal credit cards are sleek, stylish and often a bit heavier than their plastic counterparts. Their premium feel can evoke a sense of luxury, prestige and exclusivity, making them a desirable addition to any wallet. They also tend to have higher rewards rates than non-metal cards, and can offer cardholder benefits such as travel insurance and luggage protections.
However, the novelty of metal cards can quickly wear off. For example, they’re likely to set off metal detectors when you go through airport security or similar screening, and are prone to scratches and corrosion. Also, if you’re not careful when carrying your metal card, it could get damaged or even fall out of your wallet.
Many of the best metal cards are geared toward big spenders and require good to excellent credit for approval. They may also charge steep annual fees. For these reasons, a metal credit card isn’t a great option for everyone.
But, if you’re a big spender who wants to stand out in a crowd, consider adding one of these metal credit cards to your wallet. They look nice and carry a high rewards rate for everyday spending, so they’re worth considering. If you’re unsure whether a metal credit card is the right fit for your lifestyle, check out our rankings of the best credit cards.
Security
Unlike plastic cards that can be easily bent, cut with scissors or put in a shredder, metal credit cards are much more difficult to destroy. However, some consumers may find this durability a drawback since it can make it harder to dispose of old cards if you no longer need them.
Additionally, metal credit cards are often contactless, meaning that you can use them without swiping or entering a PIN. This can be a convenient feature for those who don’t like to fumble with their wallets while making a transaction.
Many metal credit cards also come with premium perks and rewards, which can give cardholders a sense of prestige and exclusivity. These benefits can include airport lounge access, elevated status with car rental and hotel brands and annual travel credits. However, these perks often come with a high annual fee, so it’s important to consider whether they will be worth the cost for your individual needs and budget.
Ultimately, metal credit cards are ideal for those who lead a performance-driven lifestyle and appreciate the craftsmanship and durability of quality materials. They can help you stand out in a crowd and show off your unique style. They are also great for those who want to enjoy the convenience and prestige of a high-end card that’s not too difficult to carry.
Rewards
For some, metal cards add nxp mifare desfire a sense of prestige and exclusivity to their wallet. They also tend to offer superior rewards and perks compared to their plastic counterparts, such as airport lounge access and status at top hotel chains.
While many metal credit cards come with an annual fee, they are often worth the cost if you redeem your rewards wisely. You can use them to earn big welcome bonuses and rewards for everyday spending, such as groceries or restaurant meals. You can even leverage food delivery apps like UberEats and DoorDash to earn more rewards for a metal card that’s worth its annual fee.
While metal cards are a fun option, it’s best to choose one that matches your spending habits and financial goals. You should prioritize a card’s welcome bonus, earning structure and fees more than its material. In addition, you should look for a card that can be used as a primary or secondary card, as well as whether it has contactless technology that allows you to tap your card instead of inserting it or entering a PIN. For example, the X1 Card from Chime offers a secure metal credit card and provides valuable rewards for everyday purchases. The card’s annual fee is only $59, which is significantly lower than many popular travel credit cards with a metal design.