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MasterCard Black Card – Is The MasterCard Black Card Worth It?

The MasterCard Black Card: Is The MasterCard Black Card Worth It?

You hear it often that MasterCard Black Card is for the elite, the wealthy, and the celebrities. Thus, the MasterCard Black card is a special luxury and expensive credit card rarely available for the average.  But, is it worth paying $495 annually for a credit card? MasterCard Black Card

To be precise, MasterCard Black Card is for excellent creditworthy people. I can vet for that. Mostly, people who qualify for the MasterCard Black card (Visa Black Card) have an excellent credit score. A score of up to 850. Thus, they fall within the high-income earners. Yes! No doubt about that. Cardmembers enjoy special and luxury benefits but pay high annual fees and membership fees. That is how it works.

MasterCard Black Card Reviews

To answer the question of paying a $495 annual fee is worth it for a luxury credit card? Yes, it does worth it. So long, you can afford it. No doubt. MasterCard Black credit card is quite expensive, while it may be true. It’s for the elite and the wealthy.  In the same way, if you are looking for a special credit card that offers luxuries, yet, with a low annual fee? You can shop for another Black credit card. Perhaps, Citi Prestige Credit Card.

On the other hand, we recommend MasterCard Black Credit Card. That is to say if sign-up bonuses and lower annual fees don’t thrill you that much. But, if you care for more benefits and rewards? Then,  MasterCard Black is luxurious and the premium card is for you.

In the event, you change your mind, you can check out Platinum Card from American Express or the Chase Sapphire Reserve. In short, With Black cards from Amex or Chase, you can access rewards and bonuses. This includes an airport lounge and welcome bonuses. Yet with a low annual fee.

Types of Luxury Black Credit Card

They exist a few Black credit cards out there. Because black cards are rare to access by the mass. Thus, it’s a credit card for the rich; the top 5% wealthy folks in our society.

  • MasterCard® Gold Card™
  • The MasterCard® Black Card™
  • MasterCard® Titanium Card™

MasterCard Black Card Benefits and Features

Yes, we did say, the annual fee for Black MasterCard is high given that it offers fewer benefits and rewards except for Club members. Signing up for Club membership and maintaining membership fees is high. However, they exist MasterCard Black cards that offer rewards on every purchase and spending. Cardmembers, earn 1 point on a dollar spent on every purchase – Redeem points as travel at 2% or as cashback at 1.5%. More so, cardholders have access to Lounge Club, Global Entry Fee waivers, and annual airline fee credit.

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The gist is, other luxury and premium cards like Amex Platinum can offer some basic benefits and features, so all so with the Black card. Just that, Amex offers a low annual fee. While this may be true, Black cards from MasterCard comes with extra features such as the card’s stainless steel construction, luxury magazine subscription, and other ancillary benefits rarely offered by other premium cards like;

  • Chase Sapphire® Reserve
  • Citi Prestige® Card
  • American Express® Platinum Card

Features Highlight

Above all, frequent travelers make the best use of Black credit cards. In other words, people who airports are their second home. Also, people who attend lots of meetings and embark on inter-state and international travel often. Cardmembers access;

  • $1000 Monthly Spending gives you $180 Annual Cash Back Redemption or $240 Annual Airfare Redemption.
  • Every detail of your card reflects excellence and represents the exclusivity of your membership.
  • 1 point per dollar on all spending. A point is traded for a 2% value for airfare redemptions and a 1.5% value for cash back redemptions (Cashback is deposited directly into a US bank account or applied as a statement credit).
  • 50,000 points will get you a $1,000 ticket on any airline with no blackout dates or seat restrictions.
  • Cardholders pay a $495 ($195 for each Authorized User added to the account) annual fee.
  • Payment with MasterCard Black card online, in-store, in-app, or via a wearable, are monitored and highly secured.
  • VIP Airport Lounge Access with Priority Pass™ Select
  • No Foreign Transaction Fee
  • $495 Annual Fee is Applied
  • Global Acceptance
  • MasterCard ID Theft Protection
  • $0 Fraud Liability Protection
  • Travel Accident Insurance
  • Auto Rental Collision Waiver
  • MasterCard Global Service
  • Annual Percentage Rate (APR) for Purchases 14.99%
  • APR for Balance Transfers – 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening.

MasterCard Black Credit Card Apply – Apply Now

For this reason, to apply for the MasterCard Premium luxury card, you will need to make available some important info (Personal, Income, Employment, and Contact). The details will be required when filling out the online application form. With this in mind, here is how you can apply for MasterCard Black Premium Card Online;

  1. Visit
  2. Go through the card features and benefits
  3. Click on the apply button
  4. Fill in the needed details
  5. Review and submit

How Does The MasterCard Black Card Compare To Other Luxury Cards?

In particular, the two major things to put into consideration are. First, the high rate annual fee of $495 plus $195 for each authorized user is added. Secondly, the signup bonuses offered by other premium cards that aren’t available on MasterCard Black Credit Card. On the other hand, earlier on, I said, people who aren’t that concerned with sign-up bonuses and a lower annual fee need not worry about applying for Black cards from Master Card.


MasterCard Black Card vs American Express Platinum Card

With all I have said, both Master and Amex cards are premium and travel cards. In the second place, you can check the full features and benefits of the Amex Express platinum card on the Amex website. That’s if you need more insights to choose which card to apply for. That said, they exist a few features that made Amex Platinum a better rewarding premium card such as;

  • The best airport lounge benefits are accessible to cardholders.
  • Cardholders access Priority Pass membership with access to the Centurion Lounges. (New York’s LaGuardia Airport).
  • Access to a dentist’s office.
  • Its weakness lies in its higher annual fee of $550 and $195 for each Authorized User added.

Key Note: For the above reason, except for the high annual fee, the Amex platinum premium card is rated better than the MasterCard black card.  And the reason is simple; the superior lounge access. However, the MasterCard Black card is better than the American Express Platinum when it comes to rewards on spending.

MasterCard Black Card vs Citi Prestige Card

Emphatically, Citi Prestige Card is a similar card to MasterCard Black card. Infant, the Citi Prestige card is even higher in annual fee rate compared to the Platinum Card from American Express and MasterCard Black credit card.  That said, the only good to the Citi Prestige card is that it offers a $250 travel credit, redeemable for all travel expenses. Although, the travel credit offer has to be renewed every year.

Thus, if you compare that with the $150 cashback offer on spending for MasterCard Black Credit Cardmembers. Citi Prestige may be a better card than MasterCard Black Card. More so, Citi Prestige cardholders, enjoy zero foreign transaction fees. Global Entry & TSA Pre Application Credit. Also, VIP Airport Lounge Access and other basic benefits and features are available with MasterCard Premium Card.

MasterCard Black Card Frequently Asked Question

At this point, we will help you with some MasterCard Premium Card FAQs. If that’s what brought you to this page. Thus, sort for a direct answer to your question.

Why is a black card so special?

To be specific, Black cards are special because it offers special privileges including upgrades and special permissions. Hence, you use black cards for car rental. Also, cardmembers have access to some of the most breathtaking hotel suites in hard-to-reach destinations.

Importantly, black cards offer a private concierge service.  Though relatively true, some are rumored to provide chartered jet service. All these put together is why BLACK CREDIT CARDS are for the elite, the wealthy, and the top celebrities with a high net worth.

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How much money do you need to make to have a black card?

Specifically, the requirements to qualify for a “black card” is not publicly available, as the card is in limited circulation. That said, based on users’ reports, you should probably use other MasterCard, Citi, Chase, and Amex cards actively for at least a year. Besides, you will have a record of yearly expenses of at least $250,000 (though some estimates are as high as $450,000).

How do you qualify for a MasterCard Black card?

To be precise, the Luxury Card from MasterCard requires an excellent credit score, nothing less than 850. A high spending limit, and a strong FICO Score.

How many black card holders are there?

Truth is, they are few Black cardholders, the reason being that Black cards are the most prestigious credit cards. Thus, MasterCard Black cards are the World Elite credit card, which is why it’s rear to access. To be specific, MasterCard Black Card is issued only to 54 persons globally.

The reason is this, each MasterCard Black Card is designed with a unique black-PVD-coated stainless steel front and carbon back. Hence, 54 patents are issued worldwide. It’s no news that luxury cards lead the industry in metal card design and construction. Thereby, combining advanced technology and design principles to create durability and distinction, which makes for higher production costs.

Above all, every detail of black cards shows excellence and stands for the exclusivity of users’ membership.  The more reason accessing black cards is hard and restricted to the general public except for a few that can pay for its exclusivity.


  • Christian Ehiedu

    I write for Educational, Financial, technology, and social media content producers. I am deep into doing credible research that will benefit you the reader. You can contact me on Tumblr, Chris Adam Facebook, Shopfortool Pinterest Account. I am a Technician and a woodworker. I have lots of years of experience in Technical work. I did some per time work at an electrical store. Having gathered lots of experience in the use of various tools link Mechanic Tools, Woodworking Tools, Power Tools, and Plumbing tools, I decided to put up this blog to help advise intending buyers or new biz on the right tools to buy on the market. My social Handle:

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