Update 1/25/22: Card has been discontinued and will end on March 9, 2022. That didn’t last long.
Grand Reserve Mastercard is a card designed for wine enthusiasts that has just launched with a 50,000 point bonus.
Card Basics
- Sign up bonus of 50,000 points after $3,000 in purchases within the first 90 days of account opening
- $149 annual fee, not waived first year
- Card earns at the following rates:
- 5x points at Grand Reserve Partners
- 3x points at any winery, wine club or wine shop
- 2x points on all other purchases
- Complimentary Priority Wine Pass membership
- Complimentary wine magazine subscription
- Access to exclusive Grand Reserve member events
- World Mastercard Benefits
How Much Are Points Worth?
The website states that points can be redeemed for rewards starting at 750 per point, there is a sample catalog here. It doesn’t look like there are any good ways to ‘cash out’ points. But it looks like 50,000 in points could be worth anywhere from $250 to $400. That works out to be 0.5¢-0.8¢ per point.
Our Verdict
Given the fact that this card has a high annual fee and limited benefits I don’t think it’s worth considering for most people. Especially as the sign up bonus can be worth as low as $250.
You have to believe both of their card holders are very upset.
folks on my wine chat board are outraged that its getting shut down so quickly.
Unsure if this is a funny, but as someone looking to learn more about wine I’d like to ask for a link/name of these wine forums if possible.
you can look at wine berzerkers, bordeauxwineenthusiasts and other boards. probably better to lurk/search first than ask questions. r/wine is a little too unstructured to find useful info, imo.
there are a lot of wine deals on doctor of credit, but candidly most of those are low prices on low quality wine. once you know just a little about wine, its very easy to drink good quality wine at low prices.
Ditto
This card would have been great for Amex boxed wine offer enthusiasts.
If I’m going to get drunk and apply for a card, it might as well be from Capital One. They might actually approve me this time, who knows….
I’m so fucking sick of getting pre-approved offers from Capital One. I get at least five per week (no exaggeration at all). Some days I have three in my mailbox at once.
And yet, when I have tried applying they don’t approve me. You’d think they’d stop sending me offers, but nooooooo. I think that just encouraged them to send more.
Still waiting for a card for weed enthusiasts….hmmph!
$149 annual fee???
Not sure what this is supposed to say, but does not make sense as written: “points can be redeemed for rewards starting at 750 per point”
Who i Heavens name sighs up to this
Don’t drink and apply. The credit you save may be your own.