Royal Mint Launches 18-Karat Gold Mastercard With Unlimited Spend

The Royal Mint announced that it is partnering with Mastercard and Accomplish Financial to launch a solid gold payment card.

The 18-karat gold Raris card — the first payment card to be manufactured by The Royal Mint — is personalized for Raris accountholders, with their name and signature engraved into the metal. Some of the account benefits include limitless spending, zero foreign exchange or transaction fees, with additional benefits through Mastercard World Elite such as a dedicated concierge service and other travel benefits.

“This is a really exciting project, combining the outstanding heritage of The Royal Mint — 1,100 years of engineering and artistic expertise — and Mastercard’s focus on payment innovation and security, together with our worldwide acceptance network. Accomplish Financial ensures that the Raris card provides the perfect link between that heritage and the digital world,” Mark Barnett, divisional president, UK, Ireland, Nordics and Baltics at Mastercard said in an emailed press release.

This is the first precious metal payment card to be hallmarked by the Goldsmiths’ Company Assay Office, as well as the first payment card to use source-traceable metals and to be certified under the Responsible Jewellery Council’s Chain of Custody.

“We are delighted to enhance our Raris account offering with The Royal Mint’s first precious metal payment card. Raris leverages our technical capabilities to offer an account designed for the world’s most discerning clients with an emphasis on functionality and security. We are honored to have brought together The Royal Mint and Mastercard, marrying 1,100 years of payments heritage with the payments technology of tomorrow,” said Simon Bradley, head of partnerships at Accomplish Financial.

“The Royal Mint is constantly innovating, and as the UK’s leading precious metals solutions provider, we are hugely excited to launch the solid gold Raris card in acknowledgement of growing consumer demands for unique and luxury payments cards. In association with Mastercard and Accomplish Financial, Raris — the first payment card manufactured by The Royal Mint — is a combination over a 1,100 years of Royal Mint craftsmanship with tomorrow’s payment technology,” added Anne Jessopp, CEO at The Royal Mint.