MGM Rewards Iconic World Elite
$249/year, earning MGM Rewards Points, on the Mastercard network.
Card terms last verified against issuer pages on 2026-09-20.
The MGM Rewards Iconic World Elite is a $249/year card from First National Bank of Omaha earning MGM Rewards Points. It earns 6x on mgm resorts, 2x on hotels, 2x on dining and 1x on everything else. It carries 2 recurring statement credits worth $230 a year, listed in full below with the cap and reset date for each.
What it earns
Rates are the multipliers First National Bank of Omaha advertises. We do not convert them into a percentage return, because that requires putting a price on MGM Rewards Points and that price is a judgement, not a fact — see how we source this.
| Category | Rate | Notes |
|---|---|---|
| MGM Resorts | 6x | |
| Hotels | 2x | |
| Dining | 2x | |
| Gas | 2x | |
| Grocery | 2x | |
| Other | 1x | Everything else |
Statement credits
$230 a year across 2 credits against a $249 annual fee. The columns that matter are the cap and the reset date: a credit paid monthly cannot be saved up, and one that resets on the calendar year expires on 31 December no matter when you opened the card.
Status and included memberships
- MGM Pearl Elite Status — Automatic MGM Rewards Pearl elite status while you hold the Card — complimentary self-parking, priority hotel check-in, plus 10,000 bonus Tier Credits annually toward status.
- Priority Pass Membership — Complimentary Priority Pass digital lounge membership (1,300+ lounges). Note: each visit costs $35 for the cardholder and guests (entry-level tier).
Protections and insurance
Coverage terms below are summaries. Insurance benefits are governed by a separate guide to benefits document from the issuer, and the exclusions in that document are what actually decide a claim.
- Trip Cancellation & Delay Insurance — Trip Cancellation/Interruption and Trip Delay coverage, plus MasterAssist travel assistance, when you pay for travel with your Card. Enrollment/terms apply.
Questions people ask about the MGM Rewards Iconic World Elite
What is the annual fee on the MGM Rewards Iconic World Elite?
The MGM Rewards Iconic World Elite has a $249 annual fee.
What statement credits does the MGM Rewards Iconic World Elite include?
It carries 2 recurring statement credits worth $230 a year in total: $200 Annual Resort Credit ($200, resets on the cardmember year); Global Entry/TSA PreCheck Credit ($30, resets on the cardmember year). Verified 2026-09-20.
What does the MGM Rewards Iconic World Elite earn?
6x on mgm resorts, 2x on hotels, 2x on dining, 2x on gas, and 1x on everything else, in MGM Rewards Points.
Is the MGM Rewards Iconic World Elite worth the annual fee?
Its recurring statement credits total $230 a year against a $249 fee, so the card pays for itself on credits alone if you use 100% of them. Whether that holds depends on whether the specific merchants suit you — the credit table on this page lists each one.
Does the MGM Rewards Iconic World Elite charge foreign transaction fees?
No — the MGM Rewards Iconic World Elite has no foreign transaction fee.
Other First National Bank of Omaha cards
All First National Bank of Omaha cards