MASTERCARDMastercard World Elite
Icelandair Premium Mastercard®
- Annual Fee
- $39
- points · Welcome Bonus
- 10,000
- Highest rate (conditional)
- Up to 2X (Icelandair)
Terms checked against the issuer on October 10, 2026
At a Glance
- Annual Fee
- $39
- Foreign Transaction Fee
- $0
- Network
- Mastercard World Elite
- Rewards Currency
- Icelandair Saga Points
- Credit Required
- Excellent
Welcome Offer
10,000
points
Earning Rates
- 2X
Icelandair
2 points per $1 spent on Icelandair purchases
- 1X
All Other
1 point per $1 spent everywhere else
Reviews & Analysis
The Math: Is $39 Worth It?
Credit Utilization (60%)
Annual credits$0
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$39
Net Annual Value
-$39
Details & Terms
Payment Terms
| Purchase APR | 24.49% (Variable) |
| Cash Advance APR | 27.99% (Variable) |
| Foreign Transaction Fee | $0 |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| RewardsCC API | — | RewardsCC API |
| Issuer Page | Issuer Page: Earn rates | |
| Issuer Page | Issuer Page |
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