MasterCard International is introducing two new cards aimed at wealthy consumers - and at the American Express Platinum brand that has had that market pretty much to itself for 12 years.

MasterCard plans to unveil the cards, to be called World MasterCard and "platinum class," today. They are the first new consumer card products to emerge from MasterCard or Visa since gold cards in the 1980s.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.