Luxury Card™ Mastercard® Black Card™

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-coated metal card—weighing 22 grams.
  • 2% value for airfare redemptions with no blackout dates or seat restrictions. 1.5% value for cash back redemptions. Earn one point for every one dollar spent.
  • 24/7 Luxury Card Concierge®—available by phone, email and live mobile chat. Reach out to manage tasks big and small.
  • Exclusive Luxury Card Travel® benefits—average value of $500 per stay (e.g., amenities, room upgrades and complimentary food and beverages) at over 3,000 properties.
  • Annual Airline Credit—up to $100 in statement credits toward flight-related purchases including airline tickets, baggage fees, upgrades and more. Up to a $100 application fee credit for the cost of TSA Pre✓® or Global Entry.
  • Enrollment in Priority Pass™ Select with access to 1,300+ airport lounges worldwide with no guest limit.
  • Cell phone protection for eligible claims of up to $1,000 each year. Plus Lyft credits, ShopRunner membership, Fandango perks and more.
  • Annual Fee: $495 ($195 for each Authorized User). Terms and conditions apply.

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

$195 for each Authorized User added to the account

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

Up to $39 (the amount of the fee varies by state, see below)

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, Google 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.
  • 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

Late Payment Fee:  Up to $39  (Up to $15 for residents of Iowa at time of account opening).

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.

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