No, the Visa Black Card doesn’t exist anymore. The offer changed card networks and rebranded from Visa to Mastercard back in 2016. Only the rebranded version of the card – now the Mastercard® Black Card – is available to new applicants. It’s offered through a partnership between Barclays and the so-called Luxury Card brand – same as the Visa Black Card. The Mastercard® Black Card also offers many of the same features as the Visa Black Card. For example, the Mastercard® Black Card has the same annual fee as the old Visa: $495 (plus $195 for each authorized user). And it’s the mid-priced option in a 3-card lineup, which now includes the Mastercard® Gold Card and the Mastercard® Titanium Card.
The Visa Black Card was touted as a luxury status symbol-type credit card, and so is the newer Mastercard® Black Card - though neither is the invitation-only Centurion® Card from American Express, also known as “the black card.” You won’t need an invitation to apply for the Mastercard® Black Card. All you need is good credit, and you can apply through the Luxury Card website.
The new Mastercard® Black Card offers a few more perks than the Visa version did. They include a $100 annual airline credit, a $100 Global Entry credit once every 5 years, and a carbon/stainless steel card. It also added promotional APR period of 0% for 15 months on balance transfers. And the new card has more valuable points – 50,000 points will get you a $1,000 plane ticket, for example.
Many other things, both good and bad, remain the same from the old card, though: 0% foreign transaction fees, 24-hour concierge service, complimentary Priority Pass membership, below-average 1 point per $1 earning rate, and a 3% (min $5) balance transfer fee.
Overall, the Mastercard® Black Card isn’t as exclusive or valuable as it’s trying to look. But if you’re a frequent traveler, you’ll at least have the opportunity to make good use of the card’s best features, and it may prove to be worth the annual fee. That said, there are other travel cards with similar benefits, better ongoing rewards, and lower annual fees. For example, Chase Sapphire Reserve® offers a $300 annual travel credit, 3 points / $1 spent on dining and travel, and a hefty signup bonus of 50,000 points after spending $4,000 in 3 months. It has an annual fee of $550.
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