ALMA Bank Platinum World Elite Mastercard Credit Card Review

Overview

The ALMA Bank Platinum World Elite Mastercard is a mastercard card issued by ALMA Bank, based in Astoria, NY.

If you are separating or co-parenting

These are the parts of this card that land differently when a household is becoming two. None of it is a recommendation — your own position decides that.

• Ask what it costs to hold. One income is now covering two households, so an annual fee is a fixed cost worth knowing before you apply rather than after. Fees change, so get the current figure from ALMA Bank.
• Ask about the balance transfer rate. This card has carried an introductory balance transfer offer. That matters if your decree assigns you a share of a joint card balance, because moving the balance onto an account in your own name is what actually separates the liability — the decree binds your former spouse, not the bank. Why the decree does not bind your creditors.
• Cashback on spending that is already shared. A large share of post-separation spending goes on the children, and much of it is reimbursed between co-parents afterwards. Whichever parent’s card pays keeps the cashback, which is worth agreeing rather than discovering. What counts as a shared expense.

More on money after a separation: rebuilding your credit · dividing debt · dividing property

Does it offer Cashback?

No, it doesn't offer cashback.

Does it offer Miles?

No, it doesn't offer miles.

Does it offer Points?

No, it doesn't offer points.

What kind of rewards it offers?

The ALMA Bank Platinum World Elite Mastercard did not earn rewards when this review was written.

Does it offer free fraud monitoring?

Yes

Does it offer free card lock?

Yes

Does it offer free online control?

Yes

Does it work with Apple Pay?

Yes

Does it work with Google Pay?

Yes

Does it work with Samsung Pay?

Yes

Does it offer Contactless Payments?

Yes

Card Benefits

Does it offer Extended Warranty Protection?

Yes, card holders may be eligible for the exteded warranty protection.

Does it offer Zero Liability Protection?

Yes, If an unauthorized purchase is made on your card you won't be held responsible. It doesn't matter if the card was lost, stolen or fraudulently used, you will be covered.

Does it offer Mastercard Global Service?

Yes, If you lose your card you can get it replaced for free.

Does it offer Mastercard ID Theft Protection?

Yes, card holders are eligible for free ID theft protection. Your credit report is monitored for potentially fraudulent activity. If you become vicit of identity theft a fraud specialist is assigned to help you resolve the issue.

Does it offer ShopRunner Membership?

Yes, card are eligibile for free ShopRunner membership. They can shop at 100+ stores including Bloomingdaleęs, Saks Fifth Avenue, Lenovo, and Brooks Brothers. 2-day shipping and free returns are also part of this benefit.

Does it offer Priceless Golf?

Yes, card cardholders can get exclusive offers and experiences with the PGA tour including access to private country clubs and golf courses, golf experiences and events. Mastercard will also send them a monthly golf newsletter to stay up to date on the latest

Does it offer Complimentary Professional Travel Services?

Yes, card can qualify for complimenary trip planning by experienced travel advisors.

Does it offer Mastercard Hotel Stay Guarantee?

Yes, If a three star or higher hotel stay was booked using the card, Mastercard will help the cardholder with any hotel related issues.

Does it offer Mastercard Lowest Hotel Rate Guarantee?

Yes, Mastercard guarantees the lowest hotel rate if it was booked with card.

Does it offer Mastercard Luxury Hotel and Resorts Portfolio?

Yes, card cardholders can enjoy benefits such as early check-in, late check-out and daily breakfast at more than 2000 hotels if the card was used to pay for the booking.

Does it offer Car, Air, Cruise and Vacation Packages?

Yes, card cardholders can save on hotel stays, car rentals and flight bookings through Mastercardęs Travel & Lifestyle Services.

Does it offer Mastercard Airport Concierge?

Yes, card cardholders get free airport escorts to help them through the airport or during connecting flights.

Does it offer Cell Phone Protection?

Yes, card cardholders are covered for up to $1000 if your cell phone is lost or damaged.

Does it offer Lyft Discounts?

No, This card doesn't offer discounts for Lyft.

Does it offer Fandango Discounts?

No, This card doesn't offer Fandango discount.

Does it offer World Elite Concierge?

No, This card doesn't offer World Elite Concierge.

Does it offer Rental Car Insurance?

Yes, card holders may be eligible for the rental car insurance.

Does it offer Travel Insurance?

Yes, card holders may be eligible for the travel insurance.

Conclusion

This review covers what the ALMA Bank Platinum World Elite Mastercard is and how its structure lands if you are separating or co-parenting. It deliberately does not quote an interest rate, an annual fee or a credit limit, because those are set by ALMA Bank, vary with your own creditworthiness, and change often enough that any figure printed here would be out of date before you read it.

For the current terms, go to ALMA Bank directly. The Consumer Financial Protection Bureau also publishes a free card comparison tool built from terms that issuers report twice a year, which is a better place to compare rates than any review page.

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