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Mastercard World Elite benefits you probably don’t know about

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Mastercard World Elite benefits you probably don’t know about

Did you know that you may have credit card benefits you don’t even know about? Check and see if your card has a Mastercard World Elite emblem on it…if it does, you may have a bunch of benefits included. Let’s take a look!

Mobile Phone Insurance

File this under… may apply to your card. Many Mastercard World and World Elite credit cards have mobile cell phone insurance. You’ll need to check with your specific card, but here is a link to the full benefits.  For instance, The Bilt Rewards Mastercard World Elite and the Chase Freedom Flex are two no annual fee cards that have it whereas none of the Chase IHG cards have it any more.

You can check your credit card number here

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C. Coverage limitations: Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $600 per claim for World Mastercard, and $1,000 per Covered Card per 12 month period. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Covered Card per 12 month period. Coverage is excess of any other applicable insurance or indemnity available to you. Coverage is limited only to those amounts not covered by any other insurance or indemnity. In no event will this coverage apply as contributing insurance. This “noncontribution” clause will take precedence over a similar clause found in other insurance or indemnity language.

Lyft Take 3 rides get $5 a month credit

Here’s the deal:

  • Enroll here
  • Every month that you take 3 rides with Lyft and pay with your World Elite Mastercard…you’ll get a $5 credit towards future rides
  • $5 credit expires after 30 days
  • Runs until September 30th, 2022

Click the Image to Enroll
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3 months free DashPass

Go here to register

How it works:

  • Get 3 months free, then it automatically renews for $9.99 a month
    • Cancel anytime
  • Get $0 delivery fees when you order over $12
    • Groceries over $25
  • Avail until 9/30/22

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Get 2 day shipping via ShopRunner

Go here to enroll

ShopRunner isn’t associated every store, but you’ll see it quite often, and I use it all the time with Saks Off 5th and Bloomies.

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Fandango/VUDU:

Personally I still love going to the movies, getting my popcorn, a frozen coke and escaping for a couple of hours. If you pay with your World Elite Mastercard, for every $20 you spend, you’ll earn $5 in Fandango Rewards. Not too shabby!

  • You need to have a Fandango VIP account which is free and then order your tickets while logged in with your eligible World Elite Mastercard

You can read more here

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Here’s a list of common World Elite Mastercards

  • Bilt Rewards Mastercard
  • Chase Freedom Flex
  • Citi Premier
  • Citi Prestige
  • Citi Executive Aadvantage World Elite Mastercard
  • Citi Aadvantage Platinum Select World Elite
  • Virgin Atlantic World Elite Mastercard from Bank of America
  • Hawaiian Airlines World Elite Mastercard from Barclaycard

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Learn More

Affiliate Link

Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

11 Comments

  • Muhammad Arshad May 21, 2023

    If you are a frequent user of Lyft, here’s a fantastic opportunity to earn a $10 credit every month. By enrolling and linking one of your World Elite Credit cards to your Lyft account, you can take advantage of this offer. Once you’ve completed five rides, the $10 credit will be applied, giving you a nice discount on your Lyft expenses. This is a simple and straightforward way to save money while enjoying the convenience of Lyft for your transportation needs. Don’t miss out on this great perk!

  • Shane May 21, 2023

    It’s interesting they don’t show the cell phone coverage on their own website (just in the brochure link you provided)
    https://www.mastercard.us/en-us/personal/find-a-card/world-elite-mastercard-credit.html
    the cell phone coverage benefit is not listed.

  • Shane May 21, 2023

    It’s interesting that they do NOT mention cell phone coverage on their website which lists every other benefit.

  • swag June 16, 2022

    The graphic at the top of the post says $10 lyft credit, the one in the middle of the post says $5. And your text has both: “you’ll get a $10 credit” and “$5 credit expires after 30 days”. Which is it?

    • Miles June 16, 2022

      updated, it’s $5 sorry about the confusion!

  • […] to Mastercard World Elite […]

  • Raj February 16, 2022

    Nice article

  • […] Get $10 Lyft Credit Each Month:  In the event you’re a fan of Lyft and use it often, you possibly can simply earn a $10 credit score every month.  All it’s a must to do is enroll and hyperlink one in all your World Elite Credit cards. As soon as that’s completed, full 5 rides and the credit score can be utilized. […]

  • Mr G June 1, 2019

    Any idea if the AAdvantage Aviator Red qualifies for this since it’s listed as a World Elite Mastercard on the Barclays site.

    TIA!

  • […] Get $10 Lyft Credit Each Month:  If you’re a fan of Lyft and use it regularly, you can easily earn a $10 credit each month.  All you have to do is enroll and link one of your World Elite Mastercards. Once that is done, complete 5 rides and the credit will be applied. […]

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