A gold credit card is the target for most credit card holders.

That is because credit card providers such as Mastercard save their best offers for for their gold credit cards.

For example, the Mastercard Gold card offers holders low interest rates, including a 0% introductory rate, very low fees, travel insurance, access to VIP airport lounges and low charges on cash withdrawals.

Such rewards are common with gold credit cards. After all, they are generally awarded to customers that are considered to be the lowest risk to credit card providers. The rewards are one way to ensure they retain these customers.

Generally, Gold cards are the most rewarding, but also the rarest.

You will need an excellent credit score to apply for a Gold card. It is also likely that you will need a high income. This will be checked by Mastercard, and any other card providers, when you apply for the card.

If you want to apply for a Gold card, you should look at what is offered by the card providers and choose the card that is best for you.

For example, while the Mastercard Gold card offers travel insurance, other gold credit cards may provide airmiles or cashback schemes.

It is likely that interest rates won’t be much of a concern if you qualify for a Gold card, as you will be able to afford large repayments. However, you should still look at the interest charged on purchases, balance transfers and cash withdrawals when comparing credit cards.

Once you have found a credit card that matches your needs, you will be able to take advantage of the rewards attached to gold credit cards.

Then you will see why a gold card is the aim for most customers of Mastercard and other credit card providers.