diff --git a/src/material/card/_card-theme.scss b/src/material/card/_card-theme.scss
index c667b81d881f..f0f648125923 100644
--- a/src/material/card/_card-theme.scss
+++ b/src/material/card/_card-theme.scss
@@ -1,70 +1,65 @@
 @use '../core/theming/theming';
-@use '../core/mdc-helpers/mdc-helpers';
 @use '../core/style/private';
 @use '../core/typography/typography';
+@use '../core/tokens/token-utils';
+@use '../core/tokens/m2/mat/card' as tokens-mat-card;
+@use '../core/tokens/m2/mdc/elevated-card' as tokens-mdc-elevated-card;
+@use '../core/tokens/m2/mdc/outlined-card' as tokens-mdc-outlined-card;
 @use '@material/card/elevated-card-theme' as mdc-elevated-card-theme;
 @use '@material/card/outlined-card-theme' as mdc-outlined-card-theme;
-@use '@material/typography' as mdc-typography;
-@use '@material/theme/theme-color' as mdc-theme-color;
-@use 'sass:color';
-@use 'sass:map';
-@use 'sass:meta';
 
 @mixin color($config-or-theme) {
   $config: theming.get-color-config($config-or-theme);
-  $foreground: map.get($config, foreground);
+  $mdc-elevated-card-color-tokens: tokens-mdc-elevated-card.get-color-tokens($config);
+  $mdc-outlined-card-color-tokens: tokens-mdc-outlined-card.get-color-tokens($config);
+  $mat-card-color-tokens: tokens-mat-card.get-color-tokens($config);
 
-  @include mdc-helpers.using-mdc-theme($config) {
-    $on-surface: mdc-theme-color.prop-value(on-surface);
-    $surface: mdc-theme-color.prop-value(surface);
+  // Add values for card tokens.
+  .mat-mdc-card {
+    @include mdc-elevated-card-theme.theme($mdc-elevated-card-color-tokens);
+    @include mdc-outlined-card-theme.theme($mdc-outlined-card-color-tokens);
+    @include token-utils.create-token-values(tokens-mat-card.$prefix, $mat-card-color-tokens);
 
-    .mat-mdc-card {
-      // MDC's theme has `container-elevation` and `container-shadow-color` tokens, but we can't
-      // use them because they output under a `.mdc-card` selector whereas the rest of the theme
-      // isn't under any selector. Even if the mixin is pulled out of the selector, it throws a
-      // different error.
-      @include private.private-theme-elevation(1, $config);
-      @include mdc-elevated-card-theme.theme((
-        container-color: $surface,
-      ));
-    }
-
-    .mat-mdc-card-outlined {
-      @include private.private-theme-elevation(0, $config);
-      @include mdc-outlined-card-theme.theme((
-        outline-color: if(
-          meta.type-of($on-surface) == color and meta.type-of($surface) == color,
-          color.mix($on-surface, $surface, 12%),
-          $on-surface
-        )
-      ));
-    }
+    // TODO(mmalerba): This should be based on tokens, but the elevation tokens don't seem to be
+    //  working currently. They wind up setting values like `box-shadow: var(--e); --e: 1`
+    @include private.private-theme-elevation(1, $config);
+  }
 
-    // Card subtitles are an Angular Material construct (not MDC), so we explicitly set their
-    // color to secondary text here.
-    .mat-mdc-card-subtitle {
-      color: theming.get-color-from-palette($foreground, secondary-text);
-    }
+  .mat-mdc-card-outlined {
+    // TODO(mmalerba): This should be based on tokens, but the elevation tokens don't seem to be
+    //  working currently. They wind up setting values like `box-shadow: var(--e); --e: 1`
+    @include private.private-theme-elevation(0, $config);
   }
 }
 
 @mixin typography($config-or-theme) {
   $config: typography.private-typography-to-2018-config(
-      theming.get-typography-config($config-or-theme));
-  @include mdc-helpers.using-mdc-typography($config) {
-    // Card subtitles and titles are an Angular Material construct (not MDC), so we explicitly
-    // set their typographic styles here.
-    .mat-mdc-card-title {
-      @include mdc-typography.typography(headline6);
-    }
+          theming.get-typography-config($config-or-theme));
+  $mdc-elevated-card-typography-tokens: tokens-mdc-elevated-card.get-typography-tokens($config);
+  $mdc-outlined-card-typography-tokens: tokens-mdc-outlined-card.get-typography-tokens($config);
+  $mat-card-typography-tokens: tokens-mat-card.get-typography-tokens($config);
 
-    .mat-mdc-card-subtitle {
-      @include mdc-typography.typography(subtitle2);
-    }
+  // Add values for card tokens.
+  .mat-mdc-card {
+    @include mdc-elevated-card-theme.theme($mdc-elevated-card-typography-tokens);
+    @include mdc-outlined-card-theme.theme($mdc-outlined-card-typography-tokens);
+    @include token-utils.create-token-values(tokens-mat-card.$prefix, $mat-card-typography-tokens);
   }
 }
 
-@mixin density($config-or-theme) {}
+@mixin density($config-or-theme) {
+  $density-scale: theming.get-density-config($config-or-theme);
+  $mdc-elevated-card-density-tokens: tokens-mdc-elevated-card.get-density-tokens($density-scale);
+  $mdc-outlined-card-density-tokens: tokens-mdc-outlined-card.get-density-tokens($density-scale);
+  $mat-card-density-tokens: tokens-mat-card.get-density-tokens($density-scale);
+
+  // Add values for card tokens.
+  .mat-mdc-card {
+    @include mdc-elevated-card-theme.theme($mdc-elevated-card-density-tokens);
+    @include mdc-outlined-card-theme.theme($mdc-outlined-card-density-tokens);
+    @include token-utils.create-token-values(tokens-mat-card.$prefix, $mat-card-density-tokens);
+  }
+}
 
 @mixin theme($theme-or-color-config) {
   $theme: theming.private-legacy-get-theme($theme-or-color-config);
diff --git a/src/material/card/card.scss b/src/material/card/card.scss
index a3c71efd30e7..37fa2bbc727f 100644
--- a/src/material/card/card.scss
+++ b/src/material/card/card.scss
@@ -1,10 +1,56 @@
 @use '@material/card' as mdc-card;
-@use '@material/card/variables' as mdc-card-variables;
 @use '@material/card/elevated-card-theme' as mdc-elevated-card-theme;
 @use '@material/card/outlined-card-theme' as mdc-outlined-card-theme;
-@use '../core/mdc-helpers/mdc-helpers';
+@use '@material/theme/custom-properties' as mdc-custom-properties;
+@use '../core/tokens/token-utils';
+@use '../core/tokens/m2/mat/card' as tokens-mat-card;
+@use '../core/tokens/m2/mdc/elevated-card' as tokens-mdc-elevated-card;
+@use '../core/tokens/m2/mdc/outlined-card' as tokens-mdc-outlined-card;
 
 // TODO(jelbourn): move header and title-group styles to their own files.
+@include mdc-custom-properties.configure($emit-fallback-values: false, $emit-fallback-vars: false) {
+  $mdc-elevated-card-token-slots: tokens-mdc-elevated-card.get-token-slots();
+  $mdc-outlined-card-token-slots: tokens-mdc-outlined-card.get-token-slots();
+
+  // Add the MDC card static styles.
+  @include mdc-card.static-styles();
+
+  .mat-mdc-card {
+    // Add the official slots for the MDC elevated-card.
+    @include mdc-elevated-card-theme.theme-styles($mdc-elevated-card-token-slots);
+
+    // Add default values for MDC card tokens that aren't outputted by the theming API.
+    @include mdc-elevated-card-theme.theme(tokens-mdc-elevated-card.get-unthemable-tokens());
+    @include mdc-outlined-card-theme.theme(tokens-mdc-outlined-card.get-unthemable-tokens());
+    @include token-utils.create-token-values(
+            tokens-mat-card.$prefix, tokens-mat-card.get-unthemable-tokens());
+  }
+
+  .mat-mdc-card-outlined {
+    // Add the official slots for the MDC outlined-card.
+    @include mdc-outlined-card-theme.theme-styles($mdc-outlined-card-token-slots);
+  }
+
+  // Add slots for custom Angular Material card tokens.
+  @include token-utils.use-tokens(tokens-mat-card.$prefix, tokens-mat-card.get-token-slots()) {
+    .mat-mdc-card-title {
+      @include token-utils.create-token-slot(font-family, title-text-font);
+      @include token-utils.create-token-slot(line-height, title-text-line-height);
+      @include token-utils.create-token-slot(font-size, title-text-size);
+      @include token-utils.create-token-slot(letter-spacing, title-text-tracking);
+      @include token-utils.create-token-slot(font-weight, title-text-weight);
+    }
+
+    .mat-mdc-card-subtitle {
+      @include token-utils.create-token-slot(color, subtitle-text-color);
+      @include token-utils.create-token-slot(font-family, subtitle-text-font);
+      @include token-utils.create-token-slot(line-height, subtitle-text-line-height);
+      @include token-utils.create-token-slot(font-size, subtitle-text-size);
+      @include token-utils.create-token-slot(letter-spacing, subtitle-text-tracking);
+      @include token-utils.create-token-slot(font-weight, subtitle-text-weight);
+    }
+  }
+}
 
 // Size of the `mat-card-header` region custom to Angular Material.
 $mat-card-header-size: 40px !default;
@@ -12,29 +58,8 @@ $mat-card-header-size: 40px !default;
 // Default padding for text content within a card.
 $mat-card-default-padding: 16px !default;
 
-@include mdc-helpers.disable-mdc-fallback-declarations {
-  // Include all MDC card styles except for color and typography.
-  @include mdc-card.static-styles($query: mdc-helpers.$mdc-base-styles-query);
-}
-
 .mat-mdc-card {
   position: relative;
-
-  @include mdc-helpers.disable-mdc-fallback-declarations {
-    @include mdc-elevated-card-theme.theme-styles((
-      container-color: transparent,
-      container-shape: mdc-card-variables.$shape-radius,
-    ));
-  }
-}
-
-.mat-mdc-card-outlined {
-  @include mdc-helpers.disable-mdc-fallback-declarations {
-    @include mdc-outlined-card-theme.theme-styles((
-      outline-color: transparent,
-      outline-width: 1px,
-    ));
-  }
 }
 
 // Title text and subtitles text within a card. MDC doesn't have pre-made title sections for cards.
diff --git a/src/material/core/tokens/_token-utils.scss b/src/material/core/tokens/_token-utils.scss
index b922edbf2e63..94ba7605d37b 100644
--- a/src/material/core/tokens/_token-utils.scss
+++ b/src/material/core/tokens/_token-utils.scss
@@ -1,6 +1,7 @@
 @use 'sass:map';
 @use '@material/theme/custom-properties' as mdc-custom-properties;
 @use '@material/theme/theme' as mdc-theme;
+@use '@material/theme/keys' as mdc-keys;
 @use '../mdc-helpers/mdc-helpers';
 @use '../theming/palette';
 @use '../theming/theming';
@@ -78,3 +79,18 @@ $_component-prefix: null;
     @include mdc-theme.property($property, $value);
   }
 }
+
+@mixin create-token-values($prefix, $tokens) {
+  @include _configure-token-prefix($prefix...) {
+    @include mdc-keys.declare-custom-properties($tokens, $_component-prefix);
+  }
+}
+
+// Merges together a list of maps into a single map.
+@function merge-all($maps...) {
+  $result: ();
+  @each $map in $maps {
+    $result: map.merge($result, $map);
+  }
+  @return $result;
+}
diff --git a/src/material/core/tokens/m2/mat/_card.scss b/src/material/core/tokens/m2/mat/_card.scss
new file mode 100644
index 000000000000..7f19a99189a5
--- /dev/null
+++ b/src/material/core/tokens/m2/mat/_card.scss
@@ -0,0 +1,67 @@
+@use 'sass:map';
+@use '../../token-utils';
+@use '../../../theming/theming';
+@use '../../../typography/typography-utils';
+
+// The prefix used to generate the fully qualified name for tokens in this file.
+$prefix: (mat, card);
+
+// Tokens that can't be configured through Angular Material's current theming API,
+// but may be in a future version of the theming API.
+@function get-unthemable-tokens() {
+  @return ();
+}
+
+// Tokens that can be configured through Angular Material's color theming API.
+@function get-color-tokens($config) {
+  $foreground: map.get($config, foreground);
+
+  @return (
+    // Text color of the card's subtitle.
+      subtitle-text-color: theming.get-color-from-palette($foreground, secondary-text),
+  );
+}
+
+// Tokens that can be configured through Angular Material's typography theming API.
+@function get-typography-tokens($config) {
+  @return (
+    // Font family of the card's title.
+      title-text-font: typography-utils.font-family($config, headline-6)
+          or typography-utils.font-family($config),
+    // Line height of the card's title.
+      title-text-line-height: typography-utils.line-height($config, headline-6),
+    // Font size of the card's title.
+      title-text-size: typography-utils.font-size($config, headline-6),
+    // Letter spacing of the card's title.
+      title-text-tracking: typography-utils.letter-spacing($config, headline-6),
+    // Font weight of the card's title.
+      title-text-weight: typography-utils.font-weight($config, headline-6),
+    // Font family of the card's subtitle.
+      subtitle-text-font: typography-utils.font-family($config, subtitle-2)
+          or typography-utils.font-family($config),
+    // Line height of the card's subtitle.
+      subtitle-text-line-height: typography-utils.line-height($config, subtitle-2),
+    // Font size of the card's subtitle.
+      subtitle-text-size: typography-utils.font-size($config, subtitle-2),
+    // Letter spacing of the card's subtitle.
+      subtitle-text-tracking: typography-utils.letter-spacing($config, subtitle-2),
+    // Font weight of the card's subtitle.
+      subtitle-text-weight: typography-utils.font-weight($config, subtitle-2),
+  );
+}
+
+// Tokens that can be configured through Angular Material's density theming API.
+@function get-density-tokens($config) {
+  @return ();
+}
+
+// Combines the tokens generated by the above functions into a single map with placeholder values.
+// This is used to create token slots.
+@function get-token-slots() {
+  @return token-utils.merge-all(
+          get-unthemable-tokens(),
+          get-color-tokens(token-utils.$placeholder-color-config),
+          get-typography-tokens(token-utils.$placeholder-typography-config),
+          get-density-tokens(token-utils.$placeholder-density-config)
+  );
+}
diff --git a/src/material/core/tokens/m2/mdc/_elevated-card.scss b/src/material/core/tokens/m2/mdc/_elevated-card.scss
new file mode 100644
index 000000000000..20ea94736400
--- /dev/null
+++ b/src/material/core/tokens/m2/mdc/_elevated-card.scss
@@ -0,0 +1,78 @@
+@use 'sass:map';
+@use '../../../theming/theming';
+@use '../../token-utils';
+
+// The prefix used to generate the fully qualified name for tokens in this file.
+$prefix: (mdc, elevated-card);
+
+// Tokens that can't be configured through Angular Material's current theming API,
+// but may be in a future version of the theming API.
+//
+// Tokens that are available in MDC, but not used in Angular Material should be mapped to `null`.
+// `null` indicates that we are intentionally choosing not to emit a slot or value for the token in
+// our CSS.
+@function get-unthemable-tokens() {
+  @return (
+    // The border-radius of the card.
+      container-shape: 4px,
+    // =============================================================================================
+    // = TOKENS NOT USED IN ANGULAR MATERIAL                                                       =
+    // =============================================================================================
+    // TODO(mmalerba): The elevation tokens don't seem to work currently.
+    //  Should work with MDC to figure out what's wrong.
+      container-elevation: null,
+      container-shadow-color: null,
+    // Angular Material's card is not an interactive element, and therefore does not support states.
+      disabled-container-color: null,
+      disabled-container-elevation: null,
+      disabled-container-opacity: null,
+      dragged-container-elevation: null,
+      dragged-state-layer-color: null,
+      dragged-state-layer-opacity: null,
+      focus-container-elevation: null,
+      focus-state-layer-color:null,
+      focus-state-layer-opacity: null,
+      hover-container-elevation: null,
+      hover-state-layer-color: null,
+      hover-state-layer-opacity: null,
+      pressed-container-elevation: null,
+      pressed-state-layer-color: null,
+      pressed-state-layer-opacity: null,
+    // Angular Material does not currently support surface tint.
+      container-surface-tint-layer-color: null,
+    // MDC does not seem to use these tokens.
+      icon-color: null,
+      icon-size: null,
+  );
+}
+
+// Tokens that can be configured through Angular Material's color theming API.
+@function get-color-tokens($config) {
+  $background: map.get($config, background);
+
+  @return (
+    // The background color of the card.
+      container-color: theming.get-color-from-palette($background, card),
+  );
+}
+
+// Tokens that can be configured through Angular Material's typography theming API.
+@function get-typography-tokens($config) {
+  @return ();
+}
+
+// Tokens that can be configured through Angular Material's density theming API.
+@function get-density-tokens($config) {
+  @return ();
+}
+
+// Combines the tokens generated by the above functions into a single map with placeholder values.
+// This is used to create token slots.
+@function get-token-slots() {
+  @return token-utils.merge-all(
+          get-unthemable-tokens(),
+          get-color-tokens(token-utils.$placeholder-color-config),
+          get-typography-tokens(token-utils.$placeholder-typography-config),
+          get-density-tokens(token-utils.$placeholder-density-config)
+  );
+}
diff --git a/src/material/core/tokens/m2/mdc/_list.scss b/src/material/core/tokens/m2/mdc/_list.scss
index 28610449dca2..79b2cccbad1c 100644
--- a/src/material/core/tokens/m2/mdc/_list.scss
+++ b/src/material/core/tokens/m2/mdc/_list.scss
@@ -207,14 +207,10 @@ $prefix: (mdc, list);
 // Combines the tokens generated by the above functions into a single map with placeholder values.
 // This is used to create token slots.
 @function get-token-slots() {
-  @return map.merge(
+  @return token-utils.merge-all(
           get-unthemable-tokens(),
-          map.merge(
-                  get-color-tokens(token-utils.$placeholder-color-config),
-                  map.merge(
-                          get-typography-tokens(token-utils.$placeholder-typography-config),
-                          get-density-tokens(token-utils.$placeholder-density-config)
-                  )
-          )
+          get-color-tokens(token-utils.$placeholder-color-config),
+          get-typography-tokens(token-utils.$placeholder-typography-config),
+          get-density-tokens(token-utils.$placeholder-density-config)
   );
 }
diff --git a/src/material/core/tokens/m2/mdc/_outlined-card.scss b/src/material/core/tokens/m2/mdc/_outlined-card.scss
new file mode 100644
index 000000000000..d6640833fe4f
--- /dev/null
+++ b/src/material/core/tokens/m2/mdc/_outlined-card.scss
@@ -0,0 +1,87 @@
+@use 'sass:map';
+@use '../../../theming/theming';
+@use '../../token-utils';
+
+// The prefix used to generate the fully qualified name for tokens in this file.
+$prefix: (mdc, outlined-card);
+
+// Tokens that can't be configured through Angular Material's current theming API,
+// but may be in a future version of the theming API.
+//
+// Tokens that are available in MDC, but not used in Angular Material should be mapped to `null`.
+// `null` indicates that we are intentionally choosing not to emit a slot or value for the token in
+// our CSS.
+@function get-unthemable-tokens() {
+  @return (
+    // The border-radius of the card.
+      container-shape: 4px,
+    // The thickness of the card's border.
+      outline-width: 1px,
+    // =============================================================================================
+    // = TOKENS NOT USED IN ANGULAR MATERIAL                                                       =
+    // =============================================================================================
+    // TODO(mmalerba): The elevation tokens don't seem to work currently.
+    //  Should work with MDC to figure out what's wrong.
+      container-elevation: null,
+      container-shadow-color: null,
+    // Angular Material's card is not an interactive element, and therefore does not support states.
+      disabled-container-elevation: null,
+      disabled-outline-color: null,
+      disabled-outline-opacity: null,
+      dragged-container-elevation: null,
+      dragged-outline-color: null,
+      dragged-state-layer-color: null,
+      dragged-state-layer-opacity: null,
+      focus-container-elevation: null,
+      focus-outline-color: null,
+      focus-state-layer-color: null,
+      focus-state-layer-opacity: null,
+      hover-container-elevation: null,
+      hover-outline-color: null,
+      hover-state-layer-color: null,
+      hover-state-layer-opacity: null,
+      pressed-container-elevation: null,
+      pressed-outline-color: null,
+      pressed-state-layer-color: null,
+      pressed-state-layer-opacity: null,
+    // Angular Material does not currently support surface tint.
+      container-surface-tint-layer-color: null,
+    // MDC does not seem to use these tokens.
+      icon-color: null,
+      icon-size: null,
+  );
+}
+
+// Tokens that can be configured through Angular Material's color theming API.
+@function get-color-tokens($config) {
+  $background: map.get($config, background);
+  $foreground: map.get($config, foreground);
+
+  @return (
+    // The background color of the card.
+      container-color: theming.get-color-from-palette($background, card),
+    // The border color of the card.
+      outline-color: theming.get-color-from-palette($foreground, base, 0.12),
+  );
+}
+
+// Tokens that can be configured through Angular Material's typography theming API.
+@function get-typography-tokens($config) {
+  @return ();
+}
+
+// Tokens that can be configured through Angular Material's density theming API.
+@function get-density-tokens($config) {
+  @return ();
+}
+
+// Combines the tokens generated by the above functions into a single map with placeholder values.
+// This is used to create token slots.
+@function get-token-slots() {
+  @return token-utils.merge-all(
+          get-unthemable-tokens(),
+          get-color-tokens(token-utils.$placeholder-color-config),
+          get-typography-tokens(token-utils.$placeholder-typography-config),
+          get-density-tokens(token-utils.$placeholder-density-config)
+  );
+}
diff --git a/src/material/core/tokens/tests/test-validate-tokens.scss b/src/material/core/tokens/tests/test-validate-tokens.scss
index 8bcd40124a16..e26402aa563e 100644
--- a/src/material/core/tokens/tests/test-validate-tokens.scss
+++ b/src/material/core/tokens/tests/test-validate-tokens.scss
@@ -1,8 +1,12 @@
 @use 'sass:list';
 @use 'sass:map';
-@use '@material/theme/validate' as mdc-validate;
+@use '@material/card/elevated-card-theme' as mdc-elevated-card-theme;
+@use '@material/card/outlined-card-theme' as mdc-outlined-card-theme;
 @use '@material/list/list-theme' as mdc-list-theme;
+@use '@material/theme/validate' as mdc-validate;
+@use '../m2/mdc/elevated-card' as tokens-mdc-elevated-card;
 @use '../m2/mdc/list' as tokens-mdc-list;
+@use '../m2/mdc/outlined-card' as tokens-mdc-outlined-card;
 
 @mixin validate-slots(
   $component,
@@ -25,3 +29,13 @@
     $slots: tokens-mdc-list.get-token-slots(),
     $reference: mdc-list-theme.$light-theme
 );
+@include validate-slots(
+    $component: 'm2.mdc.elevated-card',
+    $slots: tokens-mdc-elevated-card.get-token-slots(),
+    $reference: mdc-elevated-card-theme.$light-theme
+);
+@include validate-slots(
+    $component: 'm2.mdc.outlined-card',
+    $slots: tokens-mdc-outlined-card.get-token-slots(),
+    $reference: mdc-outlined-card-theme.$light-theme
+);