The Mastercard® Black Card’s minimum credit limit is $5,000. As for the maximum credit line, it could be as high as $25,000, based on user reports. But the card’s issuer (Barclays) that it’s impossible to request a certain limit. Given that the Mastercard Black Card is advertised as a “luxury” card and charges an annual fee of $495, applicants may assume it will have a high limit. That may or may not prove true, depending on the applicant’s credit history, income and potential debt. But even if it does, the high fee means this black card probably won’t be worth it.
Mastercard’s Black Card offers few perks. There’s only 1 point per $1 on purchases, a $100 annual air travel credit and a Priority Pass Select lounge membership. That’s really not worth the cost, especially when there are cheaper options available with better rewards.
But there’s a second “Black Card.” The Centurion® Card from American Express is better known by that nickname. It’s an extremely exclusive card available only through invitation to high-income, high-spending Amex clients. The Centurion card has no preset spending limit, which means that the amount you can spend can change each month based on how much you choose to spend, your credit, your income and more.
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