Fairmont Hotels Platinum Mastercard: A Comprehensive Overview

The Fairmont Hotels Platinum Mastercard, issued by Royal Bank of Canada (RBC), is a premier co-branded travel rewards credit card designed for those who frequently stay at Fairmont Hotels and Resorts. This card not only offers an extensive rewards program but encompasses various benefits tailored to enhance the travel experiences of its users. Below is a detailed exploration of the key features of the Fairmont Hotels Platinum Mastercard.

Card Type

The Fairmont Hotels Platinum Mastercard is primarily classified as a travel rewards credit card. It is ideal for travelers who prefer luxury accommodations and are looking to earn significant rewards on their hotel spending.

Annual Fee

Cardholders should note that the Fairmont Hotels Platinum Mastercard comes with an annual fee of $120. This fee is competitive given the extensive benefits and rewards that accompany the card.

Rewards Program

The rewards program for the Fairmont Hotels Platinum Mastercard is robust. Cardholders earn 5 points per dollar spent at Fairmont properties, 2 points per dollar on dining and entertainment, and 1 point per dollar on all other purchases. These points can be redeemed for a variety of rewards, including free nights at Fairmont hotels, upgrades, and other travel-related expenses, making this card a great choice for avid travelers.

Sign-Up Bonus

New applicants are eligible for a generous welcome bonus of 50,000 points after spending $3,000 within the first three months of account opening. This bonus can significantly contribute to a future vacation, allowing cardholders to enjoy complimentary nights at luxurious hotels.

APR (Annual Percentage Rate)

The standard APR for the Fairmont Hotels Platinum Mastercard stands at an attractive 19.99%. There is no introductory APR offer available, so new users should be mindful of this rate when carrying a balance.

Foreign Transaction Fees

This card is travel-friendly as it does not charge any foreign transaction fees. This feature is particularly beneficial for international travelers who can use their card abroad without the burden of additional fees.

Balance Transfer Options

While the Fairmont Hotels Platinum Mastercard does not offer promotional balance transfer rates, cardholders can still transfer balances. It is advisable to check if there are any specific fees associated with balance transfers.

Additional Fees

Cardholders should be aware of other important fees, including a late payment fee of up to $35 and a cash advance fee of either 5% of the amount or $10, whichever is greater. Understanding these costs is essential for responsible credit card management.

Card Benefits and Perks

The Fairmont Hotels Platinum Mastercard comes with a plethora of benefits and perks:

• Complimentary Fairmont President’s Club Membership, which includes exclusive offers.
• Access to luxury travel insurance, including trip cancellation and interruption insurance.
• Concierge services that assist with bookings and travel arrangements.
• Access to airport lounges, making travel more comfortable.

These benefits make the card particularly valuable for frequent travelers.

Customer Protections and Insurance

The Fairmont Hotels Platinum Mastercard emphasizes customer safety with various protections and insurance options:

• Fraud liability protection to safeguard against unauthorized charges.
• Purchase protection covering eligible new purchases against theft or accidental damage.
• Rental car insurance that provides coverage during rentals when the card is used for payment.

These features are vital for cardholders seeking peace of mind while traveling.

Eligibility and Credit Score Requirements

To increase the likelihood of approval, applicants should typically possess a good to excellent credit score, generally in the range of 700 or higher. Other factors such as income stability and credit history will also be considered during the approval process.

Introductory Offers

As mentioned, the Fairmont Hotels Platinum Mastercard does not currently come with an introductory 0% APR offer, making it important for users to manage balances wisely to avoid interest charges.

Special Features or Unique Selling Points

One of the standout features of the Fairmont Hotels Platinum Mastercard is its ability to reward cardholders with complimentary nights at Fairmont hotels after accumulating enough points. Additionally, the card’s upscale branding and associated services align with its target demographic of luxury travelers, enhancing its appeal.

How to Apply

Applying for the Fairmont Hotels Platinum Mastercard is simple and can be done UpCube.net. To apply for the card, visit the