Air France KLM World Elite Mastercard® Review

Air France KLM World Elite Mastercard® is a rewards credit card issued by Bank of America. If you're wondering whether Air France KLM World Elite Mastercard® is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Generous reward rate. You will get a a rewards rate of up to 3 miles per dollar spent.
• Signup bonus. Offers a signup bonus of $100 if you spend $1000 within 3 months.
• Signup bonus. Offers a signup bonus of 25000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 25.49%.
• 3% Balance transfer fee. Air France KLM World Elite Mastercard® charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $10.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, price protection, purchase protection, travel accident insurance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Air France KLM World Elite Mastercard® Pros and Cons:

The Good

The Bad

20 XP every year on your account anniversary. Earn an additional 40 XP (totaling 60 XP) on your account anniversary after you spend $15,000 or more on purchases within the anniversary year Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty and price protection on purchases. Free access to your credit score. Travel accident insurance. No foreign transaction fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Air France KLM World Elite Mastercard® reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

There is annual fee of $89 to consider when apply, and this card is designed for people who travel often. Higher than average purchase APRs. Requires good to excellent credit. Charges an annual fee of $89 Charges a 3% balance transfer fee.

Is there a Air France KLM World Elite Mastercard® cash back or rewards program?

Air France KLM World Elite Mastercard® offers a rewards program to its customers.

Air France KLM World Elite Mastercard® Rewards

Rewards rate (all purchases)	1%
Max rewards rate	3%
Annual rewards limit	N/A
Signup Bonus ($)	$100
Signup Bonus (Points/Miles)	25000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Air France KLM World Elite Mastercard® benefits?

Air France KLM World Elite Mastercard® provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Cellular Telephone Protection
• No blackout dates when redeeming miles
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Air France KLM World Elite Mastercard®?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Air France KLM World Elite Mastercard® has higher than average purchase APRs.

Air France KLM World Elite Mastercard® has a variable purchase APR that ranges from 17.49% up to 25.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 25.49%. It also has a variable cash advance APR that ranges from 20.49% up to 28.49%. Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the Air France KLM World Elite Mastercard® fees?

The following fees apply to Air France KLM World Elite Mastercard®:

Air France KLM World Elite Mastercard® Fees

Fees	Amount
Annual Fee	$89
Foreign Transaction Fee	0%
Returned Payment Fee	up to $29
Late Payment Fee	up to $40

Does Air France KLM World Elite Mastercard® report your account activity to credit bureaus?

Air France KLM World Elite Mastercard® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Air France KLM World Elite Mastercard®

• Visit the Air France KLM World Elite Mastercard® website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.