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Luxury Card Receives 51st Patent

March 9, 2020 GMT
Luxury Card Receives 51st Patent (Photo: Business Wire)
Luxury Card Receives 51st Patent (Photo: Business Wire)

JACKSON, Wyo.--(BUSINESS WIRE)--Mar 9, 2020--

Luxury Card, a global leader in the premium credit card market, has confirmed its 51st patent for card construction technology and design. Luxury Card’s original dual-layer stainless steel cards have been available to Cardmembers since 2013, positioning Luxury Card as a front-runner in the metal card space.

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Luxury Card Receives 51st Patent (Photo: Business Wire)

“We are continually expanding on our existing designs to bring constant innovation to the metal credit card industry and are excited to achieve this [51st patent] milestone,” stated Marina Kissam, Vice President of Customer Experience at Luxury Card.

All three state-of-the-art Luxury Card products are engineered for durability and distinction—features recognized and appreciated by Luxury Card customers. Luxury Card recently received its 51st patent as granted by the USPTO for a total of 30 design patents and 21 utility patents issued globally. The growing patent portfolio indicates Luxury Card’s willingness to push the envelope and challenge the concept of what a credit card can be. Luxury Card delivers cards weighing 22 grams to complement the status of its carrier. 1 As Luxury Card’s loyal members will tell you, its unique design has the rewards to match. Offering an impressive variety of VIP benefits, from industry-leading airfare and cash back redemption rates 2 to a dedicated, 24/7 Luxury Card Concierge® and global travel assistance, Luxury Card is committed to protecting and accommodating Cardmembers’ lifestyle. 3

About Luxury Card

Luxury Card is a global leader in the premium credit card market with a mission to shape the industry through innovation, value and service. We believe the Mastercard® Gold Card™, Mastercard® Black Card™ and Mastercard® Titanium Card™ can pay for themselves with unparalleled rewards, 24/7 Concierge and first-class benefits.

Luxury Card members receive the best airfare and cash back redemption rates, 2 with points that can be redeemed in any increment and that never expire. Points for airfare are redeemed at 2% with no blackout dates, airline limitations or seat restrictions. 3 For example, 50,000 points with Luxury Card will get you a $1,000 airline ticket while the nearest competitor’s reward points will only amount to a $750 airline ticket. 2 Cardmembers redeem for cash back at a rate of up to 2% 2 or for various experiences, travel, dining and gift cards.

Luxury Card Concierge® caters to our Cardmembers’ every need. Available 24/7 by live chat on our industry-first Luxury Card App, phone and email, dedicated Concierge agents assist with travel itineraries, dining reservations, research and gift sourcing. We deliver first-class service anywhere, anytime.

Luxury Card’s in-house travel program provides an average total value of $500 4 per stay in benefits and services at over 3,000 properties worldwide. Mastercard® Gold Card™ and Mastercard® Black Card™ members receive complimentary membership and unlimited guest access to more than 1,200 airport lounges around the globe with Priority Pass™ Select. 3

Luxury Card is accepted at over 8 million domestic retailers in 210 countries with no foreign transaction fees. 5 We are committed to providing top value, benefits and service to make your life simpler and your experiences richer.

1 Credit card weights from 10/6/2018 uscreditcardguide.com article, “The Heaviest Credit Cards List.” 2 Information as of February 2020. The earn rates at which points can be accumulated vary among credit card competitors and can impact the relative dollar value of the redemption. 3 Certain terms, conditions and exclusions apply to benefits. Please see the Reward Rules and Mastercard Guide to Benefits you’ll receive upon approval for details. 4 Average value based on 2019 bookings for a stay of three nights. Benefits may include daily breakfast for two, room upgrade when available, welcome amenities, resort and dining credits, late check-out and early check-in when available and complimentary Wi-Fi. Actual value will vary based on property, room rate, upgrade availability, length of stay and use of benefits. 5 Annual Fee is $995, $495 or $195. 0% introductory APR on balance transfers made within 45 days of account opening is applicable for the first fifteen billing cycles that immediately follow each balance transfer. This introductory APR offer does not apply to purchases and cash advances. For new and outstanding balance transfers after the introductory period and all purchases, the variable APR is 16.49%. The variable APR for cash advances is 26.74%. The APRs on your account will vary with the market based on the Prime Rate and are subject to change. The minimum monthly interest charge will be $0.50. Balance transfer fee: 3% (min. $5). Cash advance fee: 5% (min. $10). Foreign transaction fee: 0%. See Terms and Conditions for updated and more information about the terms of this offer, including the “About the Variable APRs on Your Account” section for the current Prime Rate information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200309005178/en/

CONTACT: Marina Kissam

marina@luxurycard.com

KEYWORD: UNITED STATES NORTH AMERICA WYOMING

INDUSTRY KEYWORD: WOMEN RETAIL MEN FINANCE ONLINE RETAIL BANKING LUXURY CONSUMER PROFESSIONAL SERVICES ENTERTAINMENT RESTAURANT/BAR VACATION OTHER TRAVEL EVENTS/CONCERTS TRANSPORTATION GENERAL ENTERTAINMENT SPECIALTY TRAVEL

SOURCE: Luxury Card

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PUB: 03/09/2020 05:12 AM/DISC: 03/09/2020 05:12 AM

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