Mlife Rewards Mastercard Review
Back in 2016 Mlife rebranded to Mlife Rewards, debuted a new website and launched their co-branded credit card. Here is our review of the Mlife Mastercard updated for 2019!
Mlife Rewards Mastercard Benefits
The Mlife Rewards Mastercard is issued by First Bankcard®, a division of First National Bank of Omaha.
Here are the benefits you get as a cardholder:
- Automatic Upgrade to Pearl Level Status (Free parking, buffet line pass, 10% bonus on points and express comps.)
- Priority Hotel Check-in at M life Resorts
- No Annual Fee
- No Foreign Transaction Fees
Mlife Rewards Mastercard Earnings
This card earns points in the Mlife Rewards program. The points can be used for Express Comps on property as well as for FREEPLAY. Note you also earn tier credits as well.
- 3X points and tier credits per $1 spent at MLife Rewards destinations.
- 2X points and tier credits per $1 spent on gas station and supermarket purchases.
- 1X points and tier credits per $1 spent everwhere else.
Mlife Rewards Mastercard Sign-Up Bonus
The sign-up bonus is:
- 10,000 points when you spend $1,000 in the first 3 billing cycles.
The application link along with the full details of the card can be found here.
Mlife Rewards Mastercard Review & Analysis
While this card does little to innovate, it could be good for someone enveloped in the Mlife ecosystem. For example, points are worth $.01 each, but they can only be used for Express Comps or FREEPLAY, meaning you are tying them to Mlife Rewards. Basically, you are earning less than you should considering you can get a 2%+ cashback card that gives you actual cash. There is the benefit of also earning tier credits, which could be nice to top off your status, but I think this will only appeal to a very select few.
For many, the allure of free parking and Pearl status will be a reason to consider this card, but remember that the World of Hyatt Credit Card from Chase gives you Discoverist status which can currently be matched to the same Pearl status this card gets. Yes, the Hyatt card has an annual fee, but it comes with a MUCH more valuable sign-up bonus and perks like free nights and more.
While it’s always nice to see a giant loyalty program like Mlife expand into the credit card market, this product is probably only valuable for someone who is heavily tied into the Mlife ecosystem. For everyone else the World of Hyatt Credit Card is probably the better option considering it gives you many of the same benefits, but a much better bonus and perks outside of Mlife.