Royal Mint, a company owned by the British government which makes bank coins, has manufactured a solid 18 karat gold payment card to be used in real. Since, it may be bought for hefty amount of $23,460, so definitely it is for affluent people.
With its high price, it offers various facilities such as no fees on foreign exchange and transaction as well as additional Mastercard benefits including a dedicated concierge services.
The Royal Mint has said the debit card was targeted at people “who value high quality luxury items that make a statement.”
The holders of this card would have access to a premium account called Raris.
The Royal Mint collaborated with Mastercard and the payments-technology company Accomplish Financial to roll out the gold debit cards.
A smatter of companies have produced metal cards earlier instead of plastic ones for “special customers”. Fintech and Revolut sell debit stainless steel cards, while Apple the following year launched a titanium credit card. American Express has for long been issuing a black card for ultra-rich people.
While, the Royal Mint has upped the game with glittering gold.
Daily Mail reported, Royal Mint chief executive Anne Jessopp said: “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 of over 1,100 years of Royal Mint craftsmanship with tomorrow’s payment technology.”