Emirates Skywards Premium World Elite Mastercard®

Emirates Skywards Premium World Elite Mastercard® Review

This is a store rewards card issued by Barclays Bank. If you're wondering whether Emirates Skywards Premium World Elite Mastercard® is the right card for you, read on.

Key Takeaways

• You will earn 40,000 bonus Skywards Miles after spending $3,000 on Net Purchases within the first 90 days after your Card Account open date.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.24% up to 27.24%.
• 5% Balance transfer fee. Emirates Skywards Premium World Elite Mastercard® charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Good or better credit required. You will have low approval odds if your credit score is below 720.

Pros & Cons of Emirates Skywards Premium World Elite Mastercard®

The Good	The Bad
No foreign transaction fee. Cardholders can earn rewards on their purchases. Emirates Skywards Premium World Elite Mastercard® reports to multiple credit bureaus.	Higher than average purchase APRs. You need good credit to qualify. Charges an annual fee of $499 Does not offer a signup bonus. You don't earn rewards on every purchase. Charges a 5% balance transfer fee. Does not include many credit card benefits.

Emirates Skywards Premium World Elite Mastercard® FAQ

Does Emirates Skywards Premium World Elite Mastercard® have a cash back or rewards program?

Emirates Skywards Premium World Elite Mastercard® is a travel rewards card.

Emirates Skywards Premium World Elite Mastercard® Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)

What are the Emirates Skywards Premium World Elite Mastercard® benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Emirates Skywards Premium World Elite Mastercard®?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Emirates Skywards Premium World Elite Mastercard® has a variable purchase APR that ranges from 18.24% up to 27.24%. The card has a variable balance transfer APR that ranges from 18.24% up to 27.24%. It also has a variable cash advance APR of 27.49% .

What are the fees for Emirates Skywards Premium World Elite Mastercard®?

The following fees apply:

Emirates Skywards Premium World Elite Mastercard® Fees

Fees	Amount
Annual Fee	$499
Foreign Transaction Fee	0%
Returned Payment Fee	$40
Late Payment Fee	$40

Does Emirates Skywards Premium World Elite Mastercard® report your account activity to credit bureaus?

Yes, Emirates Skywards Premium 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 may help improve your credit.

How to apply for Emirates Skywards Premium World Elite Mastercard®

• Visit the Emirates Skywards Premium 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.