diff --git a/core/frontend/helpers/tpl/content-cta.hbs b/core/frontend/helpers/tpl/content-cta.hbs
index 7ebe0258ca..4b37a32727 100644
--- a/core/frontend/helpers/tpl/content-cta.hbs
+++ b/core/frontend/helpers/tpl/content-cta.hbs
@@ -1,3 +1,4 @@
+{{{html}}}
 <aside class="gh-post-upgrade-cta">
     <div class="gh-post-upgrade-cta-content" style="background-color: {{accentColor}}">
         {{#has visibility="paid"}}
diff --git a/core/server/api/canary/utils/serializers/output/utils/post-gating.js b/core/server/api/canary/utils/serializers/output/utils/post-gating.js
index fddc98e9cf..425cbf8701 100644
--- a/core/server/api/canary/utils/serializers/output/utils/post-gating.js
+++ b/core/server/api/canary/utils/serializers/output/utils/post-gating.js
@@ -1,4 +1,5 @@
 const membersService = require('../../../../../../services/members');
+const htmlToPlaintext = require('../../../../../../../shared/html-to-plaintext');
 
 // @TODO: reconsider the location of this - it's part of members and adds a property to the API
 const forPost = (attrs, frame) => {
@@ -10,11 +11,18 @@ const forPost = (attrs, frame) => {
     const memberHasAccess = membersService.contentGating.checkPostAccess(attrs, frame.original.context.member);
 
     if (!memberHasAccess) {
-        ['plaintext', 'html'].forEach((field) => {
-            if (attrs[field] !== undefined) {
-                attrs[field] = '';
-            }
-        });
+        const paywallIndex = (attrs.html || '').indexOf('<!--members-only-->');
+
+        if (paywallIndex !== -1) {
+            attrs.html = attrs.html.slice(0, paywallIndex);
+            attrs.plaintext = htmlToPlaintext(attrs.html);
+        } else {
+            ['plaintext', 'html'].forEach((field) => {
+                if (attrs[field] !== undefined) {
+                    attrs[field] = '';
+                }
+            });
+        }
     }
 
     if (!Object.prototype.hasOwnProperty.call(frame.options, 'columns') || (frame.options.columns.includes('access'))) {
diff --git a/core/server/api/v2/utils/serializers/output/utils/post-gating.js b/core/server/api/v2/utils/serializers/output/utils/post-gating.js
index 7fd3d015fb..e8ade51062 100644
--- a/core/server/api/v2/utils/serializers/output/utils/post-gating.js
+++ b/core/server/api/v2/utils/serializers/output/utils/post-gating.js
@@ -1,14 +1,22 @@
 const membersService = require('../../../../../../services/members');
+const htmlToPlaintext = require('../../../../../../../shared/html-to-plaintext');
 
 const forPost = (attrs, frame) => {
     const memberHasAccess = membersService.contentGating.checkPostAccess(attrs, frame.original.context.member);
 
     if (!memberHasAccess) {
-        ['plaintext', 'html'].forEach((field) => {
-            if (attrs[field] !== undefined) {
-                attrs[field] = '';
-            }
-        });
+        const paywallIndex = (attrs.html || '').indexOf('<!--members-only-->');
+
+        if (paywallIndex !== -1) {
+            attrs.html = attrs.html.slice(0, paywallIndex);
+            attrs.plaintext = htmlToPlaintext(attrs.html);
+        } else {
+            ['plaintext', 'html'].forEach((field) => {
+                if (attrs[field] !== undefined) {
+                    attrs[field] = '';
+                }
+            });
+        }
     }
 
     return attrs;
diff --git a/core/server/api/v3/utils/serializers/output/utils/post-gating.js b/core/server/api/v3/utils/serializers/output/utils/post-gating.js
index fddc98e9cf..425cbf8701 100644
--- a/core/server/api/v3/utils/serializers/output/utils/post-gating.js
+++ b/core/server/api/v3/utils/serializers/output/utils/post-gating.js
@@ -1,4 +1,5 @@
 const membersService = require('../../../../../../services/members');
+const htmlToPlaintext = require('../../../../../../../shared/html-to-plaintext');
 
 // @TODO: reconsider the location of this - it's part of members and adds a property to the API
 const forPost = (attrs, frame) => {
@@ -10,11 +11,18 @@ const forPost = (attrs, frame) => {
     const memberHasAccess = membersService.contentGating.checkPostAccess(attrs, frame.original.context.member);
 
     if (!memberHasAccess) {
-        ['plaintext', 'html'].forEach((field) => {
-            if (attrs[field] !== undefined) {
-                attrs[field] = '';
-            }
-        });
+        const paywallIndex = (attrs.html || '').indexOf('<!--members-only-->');
+
+        if (paywallIndex !== -1) {
+            attrs.html = attrs.html.slice(0, paywallIndex);
+            attrs.plaintext = htmlToPlaintext(attrs.html);
+        } else {
+            ['plaintext', 'html'].forEach((field) => {
+                if (attrs[field] !== undefined) {
+                    attrs[field] = '';
+                }
+            });
+        }
     }
 
     if (!Object.prototype.hasOwnProperty.call(frame.options, 'columns') || (frame.options.columns.includes('access'))) {
diff --git a/core/server/models/post.js b/core/server/models/post.js
index 96d441e0e4..e37db7eae4 100644
--- a/core/server/models/post.js
+++ b/core/server/models/post.js
@@ -6,7 +6,7 @@ const Promise = require('bluebird');
 const {sequence} = require('@tryghost/promise');
 const {i18n} = require('../lib/common');
 const errors = require('@tryghost/errors');
-const htmlToText = require('html-to-text');
+const htmlToPlaintext = require('../../shared/html-to-plaintext');
 const ghostBookshelf = require('./base');
 const config = require('../../shared/config');
 const settingsCache = require('../services/settings/cache');
@@ -481,14 +481,7 @@ Post = ghostBookshelf.Model.extend({
             if (this.get('html') === null) {
                 plaintext = null;
             } else {
-                plaintext = htmlToText.fromString(this.get('html'), {
-                    wordwrap: 80,
-                    ignoreImage: true,
-                    hideLinkHrefIfSameAsText: true,
-                    preserveNewlines: true,
-                    returnDomByDefault: true,
-                    uppercaseHeadings: false
-                });
+                plaintext = htmlToPlaintext(this.get('html'));
             }
 
             // CASE: html is e.g. <p></p>
diff --git a/core/shared/html-to-plaintext.js b/core/shared/html-to-plaintext.js
new file mode 100644
index 0000000000..8413918ceb
--- /dev/null
+++ b/core/shared/html-to-plaintext.js
@@ -0,0 +1,12 @@
+const htmlToText = require('html-to-text');
+
+module.exports = function htmlToPlaintext(html) {
+    return htmlToText.fromString(html, {
+        wordwrap: 80,
+        ignoreImage: true,
+        hideLinkHrefIfSameAsText: true,
+        preserveNewlines: true,
+        returnDomByDefault: true,
+        uppercaseHeadings: false
+    });
+};
diff --git a/package.json b/package.json
index ef62737a4e..1a7f2eb203 100644
--- a/package.json
+++ b/package.json
@@ -52,7 +52,7 @@
     "@tryghost/job-manager": "0.7.2",
     "@tryghost/kg-card-factory": "2.1.6",
     "@tryghost/kg-default-atoms": "2.0.3",
-    "@tryghost/kg-default-cards": "4.0.0-rc.3",
+    "@tryghost/kg-default-cards": "4.0.0-rc.5",
     "@tryghost/kg-markdown-html-renderer": "4.0.0-rc.1",
     "@tryghost/kg-mobiledoc-html-renderer": "4.0.0-rc.1",
     "@tryghost/magic-link": "0.6.6",
diff --git a/test/regression/api/canary/content/posts_spec.js b/test/regression/api/canary/content/posts_spec.js
index 752a5af402..9ec8a60855 100644
--- a/test/regression/api/canary/content/posts_spec.js
+++ b/test/regression/api/canary/content/posts_spec.js
@@ -257,6 +257,7 @@ describe('api/canary/content/posts', function () {
         let publicPost;
         let membersPost;
         let paidPost;
+        let membersPostWithPaywallCard;
 
         before(function () {
             // NOTE: ideally this would be set through Admin API request not a stub
@@ -282,10 +283,19 @@ describe('api/canary/content/posts', function () {
                 published_at: moment().add(30, 'seconds').toDate() // here to ensure sorting is not modified
             });
 
+            membersPostWithPaywallCard = testUtils.DataGenerator.forKnex.createPost({
+                slug: 'thou-shalt-have-a-taste',
+                visibility: 'members',
+                mobiledoc: '{"version":"0.3.1","markups":[],"atoms":[],"cards":[["paywall",{}]],"sections":[[1,"p",[[0,[],0,"Free content"]]],[10,0],[1,"p",[[0,[],0,"Members content"]]]]}',
+                html: '<p>Free content</p><!--members-only--><p>Members content</p>',
+                published_at: moment().add(5, 'seconds').toDate()
+            });
+
             return testUtils.fixtures.insertPosts([
                 publicPost,
                 membersPost,
-                paidPost
+                paidPost,
+                membersPostWithPaywallCard
             ]);
         });
 
@@ -362,6 +372,24 @@ describe('api/canary/content/posts', function () {
                 });
         });
 
+        it('can read "free" html and plaintext content of members post when using paywall card', function () {
+            return request
+                .get(localUtils.API.getApiQuery(`posts/${membersPostWithPaywallCard.id}/?key=${validKey}&formats=html,plaintext&fields=html,plaintext`))
+                .set('Origin', testUtils.API.getURL())
+                .expect('Content-Type', /json/)
+                .expect('Cache-Control', testUtils.cacheRules.private)
+                .expect(200)
+                .then((res) => {
+                    const jsonResponse = res.body;
+                    should.exist(jsonResponse.posts);
+                    const post = jsonResponse.posts[0];
+
+                    localUtils.API.checkResponse(post, 'post', null, null, ['id', 'html', 'plaintext']);
+                    post.html.should.eql('<p>Free content</p>');
+                    post.plaintext.should.eql('Free content');
+                });
+        });
+
         it('cannot browse members only posts content', function () {
             return request.get(localUtils.API.getApiQuery(`posts/?key=${validKey}`))
                 .set('Origin', testUtils.API.getURL())
@@ -376,7 +404,7 @@ describe('api/canary/content/posts', function () {
                     const jsonResponse = res.body;
                     should.exist(jsonResponse.posts);
                     localUtils.API.checkResponse(jsonResponse, 'posts');
-                    jsonResponse.posts.should.have.length(14);
+                    jsonResponse.posts.should.have.length(15);
                     localUtils.API.checkResponse(jsonResponse.posts[0], 'post', null, null);
                     localUtils.API.checkResponse(jsonResponse.meta.pagination, 'pagination');
                     _.isBoolean(jsonResponse.posts[0].featured).should.eql(true);
@@ -385,18 +413,20 @@ describe('api/canary/content/posts', function () {
                     jsonResponse.posts[0].slug.should.eql('thou-shalt-not-be-seen');
                     jsonResponse.posts[1].slug.should.eql('thou-shalt-be-paid-for');
                     jsonResponse.posts[2].slug.should.eql('free-to-see');
-                    jsonResponse.posts[7].slug.should.eql('organising-content');
+                    jsonResponse.posts[3].slug.should.eql('thou-shalt-have-a-taste');
+                    jsonResponse.posts[8].slug.should.eql('organising-content');
 
                     jsonResponse.posts[0].html.should.eql('');
                     jsonResponse.posts[1].html.should.eql('');
                     jsonResponse.posts[2].html.should.not.eql('');
-                    jsonResponse.posts[7].html.should.not.eql('');
+                    jsonResponse.posts[3].html.should.not.eql('');
+                    jsonResponse.posts[8].html.should.not.eql('');
 
                     // check meta response for this test
                     jsonResponse.meta.pagination.page.should.eql(1);
                     jsonResponse.meta.pagination.limit.should.eql(15);
                     jsonResponse.meta.pagination.pages.should.eql(1);
-                    jsonResponse.meta.pagination.total.should.eql(14);
+                    jsonResponse.meta.pagination.total.should.eql(15);
                     jsonResponse.meta.pagination.hasOwnProperty('next').should.be.true();
                     jsonResponse.meta.pagination.hasOwnProperty('prev').should.be.true();
                     should.not.exist(jsonResponse.meta.pagination.next);
diff --git a/test/regression/api/v2/content/posts_spec.js b/test/regression/api/v2/content/posts_spec.js
index ddeec8730c..409823a8ff 100644
--- a/test/regression/api/v2/content/posts_spec.js
+++ b/test/regression/api/v2/content/posts_spec.js
@@ -207,6 +207,7 @@ describe('api/v2/content/posts', function () {
         let publicPost;
         let membersPost;
         let paidPost;
+        let membersPostWithPaywallCard;
 
         before(function () {
             // NOTE: ideally this would be set through Admin API request not a stub
@@ -232,10 +233,19 @@ describe('api/v2/content/posts', function () {
                 published_at: moment().add(30, 'seconds').toDate() // here to ensure sorting is not modified
             });
 
+            membersPostWithPaywallCard = testUtils.DataGenerator.forKnex.createPost({
+                slug: 'thou-shalt-have-a-taste',
+                visibility: 'members',
+                mobiledoc: '{"version":"0.3.1","markups":[],"atoms":[],"cards":[["paywall",{}]],"sections":[[1,"p",[[0,[],0,"Free content"]]],[10,0],[1,"p",[[0,[],0,"Members content"]]]]}',
+                html: '<p>Free content</p><!--members-only--><p>Members content</p>',
+                published_at: moment().add(5, 'seconds').toDate()
+            });
+
             return testUtils.fixtures.insertPosts([
                 publicPost,
                 membersPost,
-                paidPost
+                paidPost,
+                membersPostWithPaywallCard
             ]);
         });
 
@@ -312,6 +322,24 @@ describe('api/v2/content/posts', function () {
                 });
         });
 
+        it('can read "free" html and plaintext content of members post when using paywall card', function () {
+            return request
+                .get(localUtils.API.getApiQuery(`posts/${membersPostWithPaywallCard.id}/?key=${validKey}&formats=html,plaintext&fields=html,plaintext`))
+                .set('Origin', testUtils.API.getURL())
+                .expect('Content-Type', /json/)
+                .expect('Cache-Control', testUtils.cacheRules.private)
+                .expect(200)
+                .then((res) => {
+                    const jsonResponse = res.body;
+                    should.exist(jsonResponse.posts);
+                    const post = jsonResponse.posts[0];
+
+                    localUtils.API.checkResponse(post, 'post', null, null, ['id', 'html', 'plaintext']);
+                    post.html.should.eql('<p>Free content</p>');
+                    post.plaintext.should.eql('Free content');
+                });
+        });
+
         it('cannot browse members only posts content', function () {
             return request.get(localUtils.API.getApiQuery(`posts/?key=${validKey}`))
                 .set('Origin', testUtils.API.getURL())
@@ -326,7 +354,7 @@ describe('api/v2/content/posts', function () {
                     const jsonResponse = res.body;
                     should.exist(jsonResponse.posts);
                     localUtils.API.checkResponse(jsonResponse, 'posts');
-                    jsonResponse.posts.should.have.length(14);
+                    jsonResponse.posts.should.have.length(15);
                     localUtils.API.checkResponse(jsonResponse.posts[0], 'post');
                     localUtils.API.checkResponse(jsonResponse.meta.pagination, 'pagination');
                     _.isBoolean(jsonResponse.posts[0].featured).should.eql(true);
@@ -335,18 +363,20 @@ describe('api/v2/content/posts', function () {
                     jsonResponse.posts[0].slug.should.eql('thou-shalt-not-be-seen');
                     jsonResponse.posts[1].slug.should.eql('thou-shalt-be-paid-for');
                     jsonResponse.posts[2].slug.should.eql('free-to-see');
-                    jsonResponse.posts[7].slug.should.eql('organising-content');
+                    jsonResponse.posts[3].slug.should.eql('thou-shalt-have-a-taste');
+                    jsonResponse.posts[8].slug.should.eql('organising-content');
 
                     jsonResponse.posts[0].html.should.eql('');
                     jsonResponse.posts[1].html.should.eql('');
                     jsonResponse.posts[2].html.should.not.eql('');
-                    jsonResponse.posts[7].html.should.not.eql('');
+                    jsonResponse.posts[3].html.should.not.eql('');
+                    jsonResponse.posts[8].html.should.not.eql('');
 
                     // check meta response for this test
                     jsonResponse.meta.pagination.page.should.eql(1);
                     jsonResponse.meta.pagination.limit.should.eql(15);
                     jsonResponse.meta.pagination.pages.should.eql(1);
-                    jsonResponse.meta.pagination.total.should.eql(14);
+                    jsonResponse.meta.pagination.total.should.eql(15);
                     jsonResponse.meta.pagination.hasOwnProperty('next').should.be.true();
                     jsonResponse.meta.pagination.hasOwnProperty('prev').should.be.true();
                     should.not.exist(jsonResponse.meta.pagination.next);
diff --git a/test/regression/api/v3/content/posts_spec.js b/test/regression/api/v3/content/posts_spec.js
index bc206462a9..583c50e000 100644
--- a/test/regression/api/v3/content/posts_spec.js
+++ b/test/regression/api/v3/content/posts_spec.js
@@ -257,6 +257,7 @@ describe('api/v3/content/posts', function () {
         let publicPost;
         let membersPost;
         let paidPost;
+        let membersPostWithPaywallCard;
 
         before(function () {
             // NOTE: ideally this would be set through Admin API request not a stub
@@ -282,10 +283,19 @@ describe('api/v3/content/posts', function () {
                 published_at: moment().add(30, 'seconds').toDate() // here to ensure sorting is not modified
             });
 
+            membersPostWithPaywallCard = testUtils.DataGenerator.forKnex.createPost({
+                slug: 'thou-shalt-have-a-taste',
+                visibility: 'members',
+                mobiledoc: '{"version":"0.3.1","markups":[],"atoms":[],"cards":[["paywall",{}]],"sections":[[1,"p",[[0,[],0,"Free content"]]],[10,0],[1,"p",[[0,[],0,"Members content"]]]]}',
+                html: '<p>Free content</p><!--members-only--><p>Members content</p>',
+                published_at: moment().add(5, 'seconds').toDate()
+            });
+
             return testUtils.fixtures.insertPosts([
                 publicPost,
                 membersPost,
-                paidPost
+                paidPost,
+                membersPostWithPaywallCard
             ]);
         });
 
@@ -362,6 +372,24 @@ describe('api/v3/content/posts', function () {
                 });
         });
 
+        it('can read "free" html and plaintext content of members post when using paywall card', function () {
+            return request
+                .get(localUtils.API.getApiQuery(`posts/${membersPostWithPaywallCard.id}/?key=${validKey}&formats=html,plaintext&fields=html,plaintext`))
+                .set('Origin', testUtils.API.getURL())
+                .expect('Content-Type', /json/)
+                .expect('Cache-Control', testUtils.cacheRules.private)
+                .expect(200)
+                .then((res) => {
+                    const jsonResponse = res.body;
+                    should.exist(jsonResponse.posts);
+                    const post = jsonResponse.posts[0];
+
+                    localUtils.API.checkResponse(post, 'post', null, null, ['id', 'html', 'plaintext']);
+                    post.html.should.eql('<p>Free content</p>');
+                    post.plaintext.should.eql('Free content');
+                });
+        });
+
         it('cannot browse members only posts content', function () {
             return request.get(localUtils.API.getApiQuery(`posts/?key=${validKey}`))
                 .set('Origin', testUtils.API.getURL())
@@ -376,7 +404,7 @@ describe('api/v3/content/posts', function () {
                     const jsonResponse = res.body;
                     should.exist(jsonResponse.posts);
                     localUtils.API.checkResponse(jsonResponse, 'posts');
-                    jsonResponse.posts.should.have.length(14);
+                    jsonResponse.posts.should.have.length(15);
                     localUtils.API.checkResponse(jsonResponse.posts[0], 'post', null, null);
                     localUtils.API.checkResponse(jsonResponse.meta.pagination, 'pagination');
                     _.isBoolean(jsonResponse.posts[0].featured).should.eql(true);
@@ -385,18 +413,19 @@ describe('api/v3/content/posts', function () {
                     jsonResponse.posts[0].slug.should.eql('thou-shalt-not-be-seen');
                     jsonResponse.posts[1].slug.should.eql('thou-shalt-be-paid-for');
                     jsonResponse.posts[2].slug.should.eql('free-to-see');
-                    jsonResponse.posts[7].slug.should.eql('organising-content');
+                    jsonResponse.posts[3].slug.should.eql('thou-shalt-have-a-taste');
+                    jsonResponse.posts[8].slug.should.eql('organising-content');
 
                     jsonResponse.posts[0].html.should.eql('');
                     jsonResponse.posts[1].html.should.eql('');
                     jsonResponse.posts[2].html.should.not.eql('');
-                    jsonResponse.posts[7].html.should.not.eql('');
+                    jsonResponse.posts[8].html.should.not.eql('');
 
                     // check meta response for this test
                     jsonResponse.meta.pagination.page.should.eql(1);
                     jsonResponse.meta.pagination.limit.should.eql(15);
                     jsonResponse.meta.pagination.pages.should.eql(1);
-                    jsonResponse.meta.pagination.total.should.eql(14);
+                    jsonResponse.meta.pagination.total.should.eql(15);
                     jsonResponse.meta.pagination.hasOwnProperty('next').should.be.true();
                     jsonResponse.meta.pagination.hasOwnProperty('prev').should.be.true();
                     should.not.exist(jsonResponse.meta.pagination.next);
diff --git a/test/unit/helpers/content_spec.js b/test/unit/helpers/content_spec.js
index 8f0e89e70f..cf562c6544 100644
--- a/test/unit/helpers/content_spec.js
+++ b/test/unit/helpers/content_spec.js
@@ -99,7 +99,7 @@ describe('{{content}} helper with no access', function () {
     });
 
     it('can render default template', function () {
-        const html = 'Hello World';
+        const html = '';
         const rendered = helpers.content.call({html: html, access: false}, optionsData);
         rendered.string.should.containEql('gh-post-upgrade-cta');
         rendered.string.should.containEql('gh-post-upgrade-cta-content');
@@ -107,9 +107,19 @@ describe('{{content}} helper with no access', function () {
 
         should.exist(rendered);
     });
+
+    it('outputs free content if available via paywall card', function () {
+        // html will be included when there is free content available
+        const html = 'Free content';
+        const rendered = helpers.content.call({html: html, access: false}, optionsData);
+        rendered.string.should.containEql('Free content');
+        rendered.string.should.containEql('gh-post-upgrade-cta');
+        rendered.string.should.containEql('gh-post-upgrade-cta-content');
+        rendered.string.should.containEql('"background-color: #abcdef"');
+    });
 });
 
-describe('{{content}} helper with no access', function () {
+describe('{{content}} helper with custom template', function () {
     let optionsData;
     before(function (done) {
         hbs.express4({partialsDir: [path.resolve(__dirname, './test_tpl')]});
diff --git a/test/unit/lib/mobiledoc_spec.js b/test/unit/lib/mobiledoc_spec.js
index 2dd84a30d9..44d4189f7f 100644
--- a/test/unit/lib/mobiledoc_spec.js
+++ b/test/unit/lib/mobiledoc_spec.js
@@ -30,6 +30,7 @@ describe('lib/mobiledoc', function () {
                     ['markdown', {
                         markdown: '# Markdown card\nSome markdown'
                     }],
+                    ['paywall', {}],
                     ['hr', {}],
                     ['image', {
                         cardWidth: 'wide',
@@ -67,18 +68,19 @@ describe('lib/mobiledoc', function () {
                     ]],
                     [10, 1],
                     [10, 2],
+                    [10, 3],
                     [1, 'p', [
                         [0, [], 0, 'Four']
                     ]],
-                    [10, 3],
                     [10, 4],
                     [10, 5],
+                    [10, 6],
                     [1, 'p', []]
                 ]
             };
 
             mobiledocLib.mobiledocHtmlRenderer.render(mobiledoc)
-                .should.eql('<p>One<br>Two</p><!--kg-card-begin: markdown--><h1 id="markdowncard">Markdown card</h1>\n<p>Some markdown</p>\n<!--kg-card-end: markdown--><p>Three</p><hr><figure class="kg-card kg-image-card kg-width-wide kg-card-hascaption"><img src="/content/images/2018/04/NatGeo06.jpg" class="kg-image" alt width="2000" height="1000" srcset="/content/images/size/w600/2018/04/NatGeo06.jpg 600w, /content/images/size/w1000/2018/04/NatGeo06.jpg 1000w, /content/images/size/w1600/2018/04/NatGeo06.jpg 1600w, /content/images/size/w2400/2018/04/NatGeo06.jpg 2400w" sizes="(min-width: 1200px) 1200px"><figcaption>Birdies</figcaption></figure><p>Four</p><!--kg-card-begin: html--><h2>HTML card</h2>\n<div><p>Some HTML</p></div><!--kg-card-end: html--><figure class="kg-card kg-embed-card"><h2>Embed card</h2></figure><figure class="kg-card kg-gallery-card kg-width-wide"><div class="kg-gallery-container"><div class="kg-gallery-row"><div class="kg-gallery-image"><img src="/content/images/test.png" width="1000" height="500" alt srcset="/content/images/size/w600/test.png 600w, /content/images/test.png 1000w" sizes="(min-width: 720px) 720px"></div></div></div></figure>');
+                .should.eql('<p>One<br>Two</p><!--kg-card-begin: markdown--><h1 id="markdowncard">Markdown card</h1>\n<p>Some markdown</p>\n<!--kg-card-end: markdown--><p>Three</p><!--members-only--><hr><figure class="kg-card kg-image-card kg-width-wide kg-card-hascaption"><img src="/content/images/2018/04/NatGeo06.jpg" class="kg-image" alt width="2000" height="1000" srcset="/content/images/size/w600/2018/04/NatGeo06.jpg 600w, /content/images/size/w1000/2018/04/NatGeo06.jpg 1000w, /content/images/size/w1600/2018/04/NatGeo06.jpg 1600w, /content/images/size/w2400/2018/04/NatGeo06.jpg 2400w" sizes="(min-width: 1200px) 1200px"><figcaption>Birdies</figcaption></figure><p>Four</p><!--kg-card-begin: html--><h2>HTML card</h2>\n<div><p>Some HTML</p></div><!--kg-card-end: html--><figure class="kg-card kg-embed-card"><h2>Embed card</h2></figure><figure class="kg-card kg-gallery-card kg-width-wide"><div class="kg-gallery-container"><div class="kg-gallery-row"><div class="kg-gallery-image"><img src="/content/images/test.png" width="1000" height="500" alt srcset="/content/images/size/w600/test.png 600w, /content/images/test.png 1000w" sizes="(min-width: 720px) 720px"></div></div></div></figure>');
         });
 
         it('renders according to ghostVersion', function () {
diff --git a/yarn.lock b/yarn.lock
index 2b33ad3dc6..3644e96f7f 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -423,10 +423,10 @@
   resolved "https://registry.yarnpkg.com/@tryghost/kg-default-atoms/-/kg-default-atoms-2.0.3.tgz#b4a7a4c502a7b9940854cbcf7868b0a4f23b9edd"
   integrity sha512-ZC3Lk7X0fGB+nPBSVF3PeirYuEX9sjNd5awmr5X//q8B5UdtUdKqzkW7DvYyABmI0/iL7HkUeZvETx22b3V7bw==
 
-"@tryghost/kg-default-cards@4.0.0-rc.3":
-  version "4.0.0-rc.3"
-  resolved "https://registry.yarnpkg.com/@tryghost/kg-default-cards/-/kg-default-cards-4.0.0-rc.3.tgz#5f49a0806c14cde18b37b0c204b6d02c4a1058ce"
-  integrity sha512-/8lm8BjI56Jgs3nGdK58ap8QZUP+ZLnc+1fmGKN7oCyq5Jdq2NWznscEHrN22jy/T+cFUJvUKiUdTIee4Q5Qhw==
+"@tryghost/kg-default-cards@4.0.0-rc.5":
+  version "4.0.0-rc.5"
+  resolved "https://registry.yarnpkg.com/@tryghost/kg-default-cards/-/kg-default-cards-4.0.0-rc.5.tgz#96b402b109abe85810c9caa3b5610bc5cc426808"
+  integrity sha512-7k/qp/QYjQjFbzCR8a9CnCoYY2FFaAEhktZsPSxPDyLy8laVD3nAatcuGA2zfvFmUErZZfg0CWsLVl7Mzsh1CQ==
   dependencies:
     "@tryghost/kg-markdown-html-renderer" "^3.0.1-4.0.0-rc.0.0"
     "@tryghost/url-utils" "^0.6.14"