SaksFirst World Elite MasterCard® Review

SaksFirst World Elite MasterCard® is a store credit card issued by Capital One. 

This card is designed for people with good credit. The minimum credit score to apply is 700. If you're wondering whether SaksFirst World Elite MasterCard® is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of SaksFirst World Elite MasterCard®

Pros	Cons
Price protection and extended warranty on your purchases with Saks Fifth Avenue Accepted at 25 million locations worldwide No foreign transaction fees 24-hour personal concierge service available	High penalty fee

Is there a SaksFirst World Elite MasterCard® cash back or rewards program?

No, SaksFirst World Elite MasterCard® does not offer a rewards program. This card features rewards for purchases in the following categories:

• Hotels

SaksFirst World Elite MasterCard® Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	$25
Signup Bonus Spend Requirement	$10

What are the SaksFirst World Elite MasterCard® benefits?

SaksFirst World Elite MasterCard® provides the following benefits:

• Emergency Support
• Trip Cancellation Insurance
• Fraud Liability
• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for SaksFirst World Elite MasterCard®?

SaksFirst World Elite MasterCard® has a variable purchase APR of up to 26.24%.

The card has a variable balance transfer APR of up to 26.24%.

The card has a variable cash advance APR of up to 29.24%.

Note that late payments are subject to an APR of 30.24% 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 SaksFirst World Elite MasterCard® fees?

The following fees apply to SaksFirst World Elite MasterCard®:

SaksFirst World Elite MasterCard® Fees

Fees	Amount
Annual Fee	$0
Balance Transfer Fee	3%
Minimum Balance Transfer Fee	$15
Returned Payment Fee	up to $25
Late Payment Fee	up to $38

Does SaksFirst World Elite MasterCard® report your account activity to credit bureaus?

SaksFirst 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 SaksFirst World Elite MasterCard®

• Visit the Capital One website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• 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.