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  SaksFirst World Elite MasterCard®
SaksFirst World Elite MasterCard® Claimed

SaksFirst World Elite MasterCard®

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Highlights
Purchase APR  (Variable APR) 25.49%
(Verified 09/03/2022)
Balance Transfer APR  (Variable APR) Up to 25.49%
(Verified 09/03/2022)
Credit Score Range 700 - 850
Annual Fee $0

SaksFirst World Elite MasterCard® Review

This is a store rewards card issued by Capital One. If you're wondering whether SaksFirst World Elite MasterCard® is the right card for you, read on.

Key Takeaways

  • Generous reward rate. You can get a rewards rate of up to 6x.
  • You’ll earn 2 Points per $1 spent outside of Saks everywhere Mastercard is accepted.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 25.49%
  • No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. SaksFirst World Elite MasterCard® charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $15.
  • 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.
  • Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, extended warranty protection on purchases, price protection, purchase protection, trip cancellation insurance, and fraud protection.
  • Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of SaksFirst World Elite MasterCard®

The Good The Bad
  • 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
  • No annual fee.
  • Multiple credit card perks.
  • Access to a concierge.
  • Extended warranty and price protection on purchases.
  • Trip cancellation insurance.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • SaksFirst World Elite MasterCard® reports to multiple credit bureaus.
  • High penalty fee.
  • Higher than average purchase APRs.
  • You need good credit to qualify.
  • Does not offer a signup bonus.
  • Charges a 3% balance transfer fee.

SaksFirst World Elite MasterCard® FAQ

Does SaksFirst World Elite MasterCard® have a cash back or rewards program?

SaksFirst World Elite MasterCard® is a travel rewards card.

SaksFirst World Elite MasterCard® Rewards
Minimum rewards rate 2x
Max rewards rate 6x
Annual rewards limit N/A
Signup Bonus ($) N/A

Does SaksFirst World Elite MasterCard® have a signup bonus?

This card doesn't offer a cash signup bonus.

Does SaksFirst World Elite MasterCard® offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the SaksFirst World Elite MasterCard® benefits?

It provides the following benefits:

  • Emergency Support
  • Extended Warranty Protection
  • Trip Cancellation Insurance
  • Zero fraud liability
  • Price Protection
  • Reports to major credit bureaus

What are the relevant APRs for SaksFirst 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.

SaksFirst World Elite MasterCard® has a variable purchase APR of 25.49%. The card has a variable balance transfer APR of up to 25.49%.

It also has a variable cash advance APR of 28.49% .

The good news is this card does not charge a penalty APR if you are late on a payment.

Does SaksFirst World Elite MasterCard® have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does SaksFirst World Elite MasterCard® have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for SaksFirst World Elite MasterCard®?

The following fees apply:

SaksFirst World Elite MasterCard® Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Returned Payment Fee $0
Late Payment Fee up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does SaksFirst World Elite MasterCard® have a foreign transaction fee?

This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.

What is the customer service phone number for SaksFirst World Elite MasterCard®?

The SaksFirst World Elite MasterCard® customer service number is (877) 383-4802.

What is the support contact email for SaksFirst World Elite MasterCard®?

The support contact email for SaksFirst World Elite MasterCard® is support@capitalone.com.

What is the SaksFirst World Elite MasterCard® login page?

You can access the SaksFirst World Elite MasterCard® login page here.

How do people rate the customer service and user experience of SaksFirst World Elite MasterCard®?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

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

Yes, 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 may help improve your credit.

How to apply for SaksFirst World Elite MasterCard®

  • Visit the SaksFirst 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.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $10
Cash Advance Fee (%) Up to 3%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 0%
No Annual Fee
No Foreign Transaction Fee
Annual Fee $0
Minimum Interest Charge $0
No Interest Grace Period for Late Payment 25 days
Returned Payment Fee $0
Late Fee Amount Up to $40
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 700 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Extended Warranty Protection
  • Price Protection
  • Purchase Protection
  • Trip Cancellation Insurance
  • Emergency Support
  • Fraud Liability
  • Concierge
Bonus Offer You’ll earn 2 Points per $1 spent outside of Saks everywhere Mastercard is accepted.
Rewards Categories
  • 2x - 6x Points on Every Purchase
  • 2x - 6x Points on In-Store Eligible Purchases
Cash Advance APR (Variable APR) 28.49%
APR Type Variable APR
Balance Computation “average daily balance (including new transactions).”
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 25.49%
(Verified 09/03/2022)
Balance Transfer APR (Variable APR) Up to 25.49%
(Verified 09/03/2022)
Balance Transfer Fee Minimum $15
Balance Transfer Fee % 3%
Card Type
  • Rewards
  • Travel
  • Store Card
Card Network Mastercard

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