The Brim World Elite Mastercard: Pros, Cons and Review

The Brim World Elite Mastercard is an outstanding credit card that is designed to make transactions easier between different countries of the world. It is a Canadian fintech company that began operations in 2015 under the ownership of Mr. Rasha Katabi. The credit card is designed with several benefits and it is highly recommended to individuals who often travel around the globe as it allows them to earn points whenever they make transactions.

Cardholders are eligible to earn 2 points, for each transaction made which can be exchanged for cash back once they reach 100 points. Additionally, since this card utilizes the Brim Open Rewards Program, users can earn 3 points for every $1 spent at participating partner brands. On every purchase, points can be accumulated. The accelerated spend is however limited to an annual spend of $25,000 at most. Points will then be earned with a base value of one point for every dollar after that.)

Most Important Features of the Brim World Elite Mastercard

The Brim World Elite Mastercard comes with several features which ranks them as one of the best Credit card companies in the world. Their unique features earned them the Best Foreign Credit Card Award in 2021. However, some of their features include:

  • Cashback rewards
  • 0% Foreign exchange Fee
  • Insurance coverage
  • Cashback Rewards

The Brim World Elite Mastercard cashback rewards plan is quite impressive compared to other companies’. Their cashback rewards allow cardholders to earn 2 points for every transaction they make both locally and abroad. Once the points reach 100, cardholders can then redeem them as cashback rewards. This is an advanced way of saying, “Thank you for partnering with us”.

0% Foreign Exchange Fee

This feature allows you to avert the usual 2.5% charges that other credit cards deduct when you make transactions in other countries. This can be beneficial if you're on a long vacation in another country

Insurance Coverage

With the Brim World Elite Mastercard, you automatically get access to about 13 insurance coverage such as Emergency Medical, Trip Cancellation, Flight Delay, Baggage Delay, Lost or Stolen Baggage, Hotel Burglary, Rental Car Theft & Damage amongst others.

Pros and Cons of Brim World Elite Mastercard

–Pros

  • Advanced security
  • Exclusive insurance coverage
  • 2% cashback on each transaction
  • 0% charges on each transaction
  • Brim installments plans

– Cons

  • High-income requirement of $80,000 per individual
  • High annual fee of $199, while most credit charges between $120 – $150

Conclusion

Over the years, the Brim World Elite Mastercard is one of the best institutions giving back to their customers. With the amazing features enjoyed by cardholders, it is right to say that it is helping tourists, businessmen, and ordinary people earn money while they spend, which is not what you see most credit card companies doing.

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