Mastercard® Black Card

Robin Saks Frankel  in  0% APR Advertising Disclosure
Luxury Card Image

Recommended Credit Score

Excellent Credit (740 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Luxury Card's secure website
Annual Fee:
Purchase Intro APR:
Balance Transfer Intro APR:
0% intro APR for the first 15 billing cycles on BT within first 45 days; APR after will be 17.24%
Regular APR:
17.24% Variable
Terms and Restrictions Apply

Bankrate Rating

Commonly used for: Airport Lounge Access, Auto Rental Insurance, Balance Transfer, Concierge Service, EMV, Excellent Credit, Extended Warranty Program, Free Credit Score, Lost Luggage Reimbursement, Mobile Pay Ready, No Foreign Transaction Fees, Points, Price Protection, Private Jet Access, Purchase Protection, Rewards, Roadside Assistance, Travel, Travel Accident Insurance, Travel Assistance, Trip Cancellation Insurance, TSA/Customs Reimbursement, Ultra-Premium Card, Unsecured credit card, World Elite Mastercard®, Zero Fraud Liability.

The Mastercard Black Card is the middle card in a metal-themed Luxury Card trio, right in between the Titanium and Gold cards. It offers more perks than the Titanium card, but it still fails in comparison to elite travel cards with big annual fees.

If you can afford a pricey rewards card and want all the plush perks that go along with it, do yourself a favor and get one that also gives you a big sign-up bonus.


For the $495 annual fee, Black comes with many of the upscale perks we’ve come to expect from an expensive travel card:

  • Priority Pass membership for airport lounge access
  • A $100 reimbursement for the Global Entry application fee
  • An airline incidentals fee credit
  • Travel and auto insurance and protections.

The rewards rate is simply OK.

You will earn double points per $1 when redeemed for airfare and 1.5% for cash back. The website for the Luxury Cards highlights the upscale benefits of card ownership like airport meet-and-greets and chauffeured transportation. But dig a little deeper and you’ll see that these are not included offers, they’ll cost you extra.

And, when you compare this card to other issuers’ premium offerings, the Mastercard Black Card falls short. For example, at a slightly lower cost of ownership, the $450 Chase Sapphire Reserve will give you all the same perks, but offers an annual $300 travel credit to be used any way you like versus the Black Card’s $100 airline incidentals credit. And, the Chase Sapphire Reserve pays a higher rewards rate on more than just airfare. All dining and travel earn 3X the points per $1 spent.

The one area where this card may be a better choice is if you typically carry a balance. If you’re deciding between this card and the Platinum Card from American Express, for example, the Black Card is the clear winner as the Platinum Card is a charge card, meaning you’ll have to pay the balance in full every month. And the variable APR range on the Chase Sapphire Reserve is higher than the Black Card’s APR of 17.24%.

Who should get this card

This card could be a good fit for someone who wants a card with high-end travel perks and rewards but at the lowest APR in the category.

  • Points take on double value when redeemed for airfare, so 50,000 points can be redeemed for $1,000 in airfare
  • Points redeemed as a statement credit or into a U.S. bank account take on 50% more value. So, 50,000 points can be redeemed for $750 cash back.
  • If you take advantage of it, the $100 airline incidental fees credit and the $100 Global Entry application reduce the first-year ownership cost to $295.
  • The APR on this card is lower than other luxury travel rewards cards
  • To receive the bonus point benefit, air travel must be booked through the Mastercard Loyalty Edge program.
  • Other premium travel cards give greater rewards and in more categories.
  • There's no sign-up bonus.

Fees and APR

  • You’ll pay a variable APR of 17.24%.
  • Enjoy an introductory 0% APR offer for the first 15 billing cycles on balance transfers that post to your account within 45 days of account opening. After that it’s a variable 17.24%
  • This card has an annual fee of $495.
  • There’s a balance transfer fee of 3%.
  • There’s no foreign transaction fee for purchases made outside the U.S.
  • Late payments won’t affect your APR but there is a $37 late payment fee.

How this card compares

Mastercard® Titanium Card™
  • Brushed Stainless Steel - Patented Card Design
  • Luxury Card Rewards Program
  • 2% Value for Airfare Redemptions
  • 1% Value for Cash Back Redemptions
  • 24/7 Luxury Card Concierge™
  • Exclusive Luxury Card Travel Benefits
  • Members-Only LUXURY MAGAZINE
  • Annual Fee: $195 ($95 for each Authorized User)
Apply Now On Luxury Card's secure website
Credit Needed

Excellent Credit

Terms and Restrictions Apply
Regular APR

17.24% Variable

Annual Fee


Purchase Intro APR

Balance Transfers Intro APR

0% intro APR for the first 15 billing cycles on BT within first 45 days; APR after will be 17.24%

The Mastercard Titanium is a more affordable option with many of the same perks. For $195 a year, you can earn a flat 1 point per $1 spent, although if booking airfare through the Loyalty Edge program you can double the value of those points and access to the luxury card concierge. But there’s no Global Pass reimbursement, $100 airline credit or airport lounge access. Cash-back rewards with this card are also a flat 1 percent to the Black Card’s 1.5%.

Chase Sapphire Reserve®
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
Apply Now On Chase's secure website
Credit Needed

Excellent Credit

Terms and Restrictions Apply | Rates and Fees
Regular APR

19.24% - 26.24% Variable

Annual Fee


Purchase Intro APR

Balance Transfers Intro APR

The Chase Sapphire Reserve card’s boosted redemption value when using the Chase portal and a generous rewards program make this card a stand-out among travel rewards cards offering big value in spite of the price tag. Since Chase Ultimate Rewards points can be used for everything from flights to lodging to cruises, this also makes it one of the most flexible redemption programs among travel cards. Where it really shines is the 50,000 points sign-up bonus, after spending 4,000 in 3 months; worth as much as $750 if used for travel booked through the Chase Website.