How do I get pre-approved for the Mastercard Black card? This question is about the Mastercard® Black Card

How do I get pre-approved for the Mastercard Black card?

Answer Question Report Abuse

This question is about the Mastercard® Black Card

Maria Adams, Credit Cards Moderator

@m_adams • 04/19/22 This answer was first published on 04/06/22 and it was last updated on 04/19/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

Unfortunately, you cannot get pre-approved for the Mastercard® Black Card, as the issuer doesn’t have an online pre-approval tool. So, you cannot check if you're eligible for this credit card before applying.

You can, however, use WalletHub’s CardAdvisor tool instead and learn how easy it is to find the right credit card for you. Just answer a few general questions, and based on your responses, CardAdvisor will provide you with some recommended credit card offers.

Answer Question

What are the Mastercard Black Card requirements?

The Mastercard® Black Card requirements for approval include:

At least good credit score (700+).
U.S. residency.
Applicants must be at least 18 years old.
Enough income to afford the card’s $495 annual fee and monthly bill payments.

The issuer doesn’t publish specific income requirements, but the more you earn and the less you owe already, the better your chances for approval. Your credit history and any potential debts you might have will also be taken into account.… read full answer

Things to Consider Before Applying for the Mastercard® Black Card

Even if you do meet the requirements for the Mastercard® Black Card, it’s likely not your best option. It has a huge annual fee, and the rewards don’t quite live up to what you can get with other cards. You get 1 point per $1 on all purchases, which is less than the average rate for rewards credit cards. It also offers a $100 annual airline credit and airport-lounge access, with the latter being the only benefit you’ll receive that you can’t get from a card with no annual fee.

While the card offers an introductory balance transfer APR of 0% for 15 months, it has a balance transfer fee of 3% (min $5). The card’s regular APR is 19.24% (V). So, it may be a cool looking card with its stainless-steel design, but there are better cards that will give you more value for your money.

show less

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.