Luxury Card™ Mastercard® Black Card™ review

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Advertiser Disclosure

Interest Rate: Purchases
14.99% (Variable)
Balance Transfer
14.99% (Variable) (0% for the first 15 months)
Rewards
1 point
Signup Bonus
-


7.7/10
Informr score
The Luxury Card™ Mastercard® Black Card™ currently has an Informr score of 7.7 out of 10. This score is based on our evaluation of 14 sources including reviews from users and the web's most trusted critics.

What's good

  • Patented black PVD metal card—weighing 22 grams
  • 2% value for airfare redemptions with no blackout dates or seat restrictions
  • 1.5% value for cash back redemptions
  • 24/7 Luxury Card Concierge®
  • Exclusive Luxury Card Travel® benefits
  • Up to $100 annual airline credit and $100 Global Entry and TSA Pre-Check application fee credit
  • Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more

What's bad

  • Annual Fee
  • No signup bonus
  • Low rewards rate
  • High fee for each authorized user

Am I eligible?


Luxury Card™ Mastercard® Black Card™ is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


MyBankTracker

The Mastercard Black Card's biggest selling point is its redemption value. Compared to other travel rewards cards, this card outstrips the competition in terms of making points go as far as possible when redeeming for airfare. That makes it a potentially good fit for someone who wants to get the mos...

- Rebecca Lake, MyBankTracker
HighYa

The Black Card’s best features are its yearly rewards total and its interest rate. The yearly rewards are at their strength when you redeem them for airline purchases through Mastercard’s luxury portal. Also, the Black Card has the best APR. However, we think that the analysis reveals the Black Card...

- J.R. Duren, HighYa
Credit Card Insider

While some people may want this card for the perceived prestige of having a black card that’s made of metal (stainless steel to be exact), it comes with some great benefits that can go a long way toward justifying the annual fee. But you can likely get the same or better perks with other cards, with...

- Brendan Harkness, Credit Card Insider
Money Crashers

This is an excellent card for travelers who value choice travel perks, high-touch service and convenience, and rewards on all eligible purchases, every day – including those who want to preserve their rewards options vis-à-vis cash back redemptions.

- Brian Martucci, Money Crashers
Cardcruncher

The Mastercard® Black Card™ offers a fair amount of value to frequent travelers, but the high annual fee and lower cash-back redemption rate won’t be great if you fly once or twice per year. As with any card that charges an annual fee, the Mastercard® Black Card™ requires a bit of estimating to figu...

- Kailey Fralick, Cardcruncher

Details


Interest Rates
Regular APR Interest Rate 14.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 14.99% (Variable) (0% for the first 15 months)
  • Intro rate applies on balances transferred within the first 45 days of account opening.
  • This APR will vary with the market based on the Prime Rate.
Cash Advance Interest Rate 25.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $495.00
Balance Transfer Fee 3%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases 1 point per $1 spent

Terms and conditions apply.

Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • 2% Value for Airfare Redemptions
  • 1.5% Value for Cash Back Redemptions
Features & Benefits
Additional Card Holders Yes

$195 for each Authorized User added to the account

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service Yes
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay, Android Pay
Virtual Cards No
Additional Benefits
  • Up to $100 annual airline credit
  • $100 Global Entry & TSA Pre✓® Application Credit
  • Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
  • Complimentary Priority Pass Select
  • Luxury Gift Program
  • Members-Only Luxury Magazine
  • Luxury Card Experiences®
  • Luxury Card App
  • Fulfillment Kit
  • Create a Boxed account and use your Luxury Card World Elite Mastercard to earn 5% cash rewards on eligible Boxed orders for use on future purchases.
  • Get $10 Lyft credit when you enroll and take 5 eligible rides in a month.
  • Receive free 2-day shipping and free return shipping on eligible purchases when you sign up for a complimentary ShopRunner membership
  • Get rewarded even faster on eligible purchases when you join Fandango VIP. Earn double the points for the tickets you buy with your Luxury Card World Elite Mastercard, 250 points per ticket. Rack up 500 points and earn a $5 VIP + reward.
  • Receive $5 off eligible orders of $25 or more with Postmates
  • 10% discount on eligible onefinestay bookings.
  • Mastercard ID Theft Protection
  • Cellular Telephone Protection
  • Travel Assistance
  • Baggage Delay Insurance
  • Trip Cancellation and Interruption
  • Mastercard® Priceless®
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

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Critic Reviews


MyBankTracker

Best for flexible airfare redemptions

from MyBankTracker

The Mastercard Black Card's biggest selling point is its redemption value. Compared to other travel rewards cards, this card outstrips the competition in terms of making points go as far as possible when redeeming for airfare. That makes it a potentially good fit for someone who wants to get the...More

The Mastercard Black Card's biggest selling point is its redemption value. Compared to other travel rewards cards, this card outstrips the competition in terms of making points go as far as possible when redeeming for airfare. That makes it a potentially good fit for someone who wants to get the most bang for their travel buck and doesn't mind paying a higher annual fee.

Read full review

Less

HighYa

Typical combination of rewards and travel perks

from HighYa

The Black Card’s best features are its yearly rewards total and its interest rate. The yearly rewards are at their strength when you redeem them for airline purchases through Mastercard’s luxury portal. Also, the Black Card has the best APR. However, we think that the analysis reveals the Bl...More

The Black Card’s best features are its yearly rewards total and its interest rate. The yearly rewards are at their strength when you redeem them for airline purchases through Mastercard’s luxury portal. Also, the Black Card has the best APR. However, we think that the analysis reveals the Black Card has some glaring weaknesses. First, it has no sign-up bonus while other cards have bonuses of between 40,000 and 60,000 points or miles. Second, travel credit is only $100. Based on this information, we think that the Mastercard Black Card is a great fit for someone who flies a couple of times per year and wants access to airport lounges while they fly.

Read full review

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Credit Card Insider

A premium metal travel card

from Credit Card Insider

While some people may want this card for the perceived prestige of having a black card that’s made of metal (stainless steel to be exact), it comes with some great benefits that can go a long way toward justifying the annual fee. But you can likely get the same or better perks with other cards, with smaller annual fees.

Read full review

While some people may want this card for the perceived prestige of having a black card that’s made of metal (stainless steel to be exact), it comes with some great benefits that can go a long way toward justifying the annual fee. But you can likely get the same or better perks with other cards, with smaller annual fees.

Read full review

Less

Money Crashers

Ideal for frequent travelers who can take full advantage of choice benefits

from Money Crashers

This is an excellent card for travelers who value choice travel perks, high-touch service and convenience, and rewards on all eligible purchases, every day – including those who want to preserve their rewards options vis-à-vis cash back redemptions.

Read full review

This is an excellent card for travelers who value choice travel perks, high-touch service and convenience, and rewards on all eligible purchases, every day – including those who want to preserve their rewards options vis-à-vis cash back redemptions.

Read full review

Less

Cardcruncher

High-end perks, but with a high annual fee

from Cardcruncher

The Mastercard® Black Card™ offers a fair amount of value to frequent travelers, but the high annual fee and lower cash-back redemption rate won’t be great if you fly once or twice per year. As with any card that charges an annual fee, the Mastercard® Black Card™ requires a bit of estimat...More

The Mastercard® Black Card™ offers a fair amount of value to frequent travelers, but the high annual fee and lower cash-back redemption rate won’t be great if you fly once or twice per year. As with any card that charges an annual fee, the Mastercard® Black Card™ requires a bit of estimating to figure out if you’ll reap enough rewards to offset its annual fee.

Read full review

Less

MoneyUnder30

Best for someone who does a ton of travel

from MoneyUnder30

The Luxury Card™ Mastercard® Black Card™ looks luxurious and offers decent reward rates. But it’s the concierge service that makes this card a must-have for frequent travelers with a high income.

Read full review

The Luxury Card™ Mastercard® Black Card™ looks luxurious and offers decent reward rates. But it’s the concierge service that makes this card a must-have for frequent travelers with a high income.

Read full review

Less

FinanceBuzz

A premium credit card for frequent travels

from FinanceBuzz

The Mastercard® Black Card™ is ideal for frequent travelers who want luxury benefits that lesser cards might lack. It’s also for people with excellent credit and high incomes. The card’s main benefits are all travel-related, with access to VIP airport lounges worldwide with Priority Pass...More

The Mastercard® Black Card™ is ideal for frequent travelers who want luxury benefits that lesser cards might lack. It’s also for people with excellent credit and high incomes. The card’s main benefits are all travel-related, with access to VIP airport lounges worldwide with Priority Pass Select. It also comes with valuable travel credits, such as a Global Entry or TSA PreCheck credit as well as an airline credit annually. For travelers who want to stand out, the Mastercard® Black Card™ does that.

Read full review

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UponArriving

Synonymous with prestige, luxury, and high credit limits

from UponArriving

Overall, the Mastercard Black Card is not my favorite rewards card because there are much more practical alternatives that provide you with the same benefits (or better) and often for much cheaper. Instead, this card is for someone who is drawn to the prestige of the Black Card brand and is look...More

Overall, the Mastercard Black Card is not my favorite rewards card because there are much more practical alternatives that provide you with the same benefits (or better) and often for much cheaper. Instead, this card is for someone who is drawn to the prestige of the Black Card brand and is looking to impress while earning some decent rewards on everyday spend and enjoying some nice benefits.

Read full review

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LendEDU

A solid choice, especially if you travel regularly

from LendEDU

If you’re looking for unique, status-based perks, the Luxury Mastercard Black card can be a good choice. There’s some special features that make it worth it, especially if you spend enough to redeem for a $1,000 plane ticket each year or if you take advantage of the concierge service. However...More

If you’re looking for unique, status-based perks, the Luxury Mastercard Black card can be a good choice. There’s some special features that make it worth it, especially if you spend enough to redeem for a $1,000 plane ticket each year or if you take advantage of the concierge service. However, there are other premium credit cards that offer you more flexible (and even more valuable) rewards without costing as much.

Read full review

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Cardcruncher

Strikes a fair balance between cost and value, and should interest frequent travelers

For the average person interested in a premium travel card, the Mastercard Black Card provides the best value. The Mastercard Black Card offers all the travel perks you’d expect from a high-end card, including travel insurance and rental car insurance, baggage delay coverage and a concierge ser...More

For the average person interested in a premium travel card, the Mastercard Black Card provides the best value. The Mastercard Black Card offers all the travel perks you’d expect from a high-end card, including travel insurance and rental car insurance, baggage delay coverage and a concierge service that helps you book travel. You may also be eligible for perks like room upgrades or spa credits at hotels when you book with Luxury Card Travel.

Read full review

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User Reviews


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