FNBO Launches MGM Rewards Iconic World Elite Mastercard

FNBO has launched the MGM Rewards Iconic World Elite Mastercard.

Card details:

• Earn 40,000 Bonus Points + 10,000 Tier Credits after spending $5,000 within the first three months
• $249 annual fee
• Card earns at the following rates:
  • 6X Points & Tier Credits per $1 spent at MGM Rewards Destinations.
  • 2X Points & Tier Credits per $1 spent at hotels, dining, gas stations and grocery stores.
  • 1x Point & Tier Credit per $1 of deposits on BetMGM, a leading online sports betting and iGaming platform available in select markets in the United States.
  • 1X Point & Tier Credit per $1 spent everywhere else.
• $200 Resort Credit upon account opening and annually at card anniversary.
• Complimentary Night Stay (up to $250 value) annually at card anniversary with $25,000 spend.
• 10,000 Tier Credit Bonus annually at card anniversary with $25,000 spend.
• Global Entry or TSA PreCheck^® Statement Credit valid every 4 years.
• MGM Rewards Pearl Status³, providing benefits such as priority hotel check-in, free self-parking⁴ at participating Destinations, and exclusive perks at MGM Resorts Destinations.

Our Verdict

Could be worth keeping long term due to the resort credit and free night, although somewhat difficult to use.