The minimum requirements for the Mastercard® Black Card include being at least 18 years old, having a good credit score of 700 or better, and earning enough income to afford monthly bill payments. You also need to have a Social Security number or International Tax Identification Number.

Minimum Mastercard® Black Card Requirements

• Enough income to make the monthly minimum payment
• Good credit or better (700+ credit score)
• 18+ years old
• Social Security number or International Tax Identification Number
• Employment information
• Physical U.S. address (no P.O. boxes)

If you apply for the Mastercard® Black Card, make sure you enter all the required information completely and accurately. Knowingly reporting false or misleading information on a card application is a federal crime. Similarly, keep in mind that the above requirements are guidelines and approval is never guaranteed.

If you don't know whether your credit score qualifies you for the Mastercard® Black Card, you can check it for free on WalletHub. It's also worth checking out our editor's guide on how to improve your credit score.

The Mastercard® Black Card's minimum credit limit is $5,000. 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.

The Mastercard® Black Card offers few perks....

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.

The Mastercard Black Card should arrive by mail in 10 business days at most.

If it takes longer than 10 business days, you may contact them at 877-523-0478 from 8.00am to 8.00pm.

That being said, you can also request an express delivery. In that case, your card will be sent to you via FedEx, the next day after your account is opened.

More specifically, if your request for express delivery is made...

You cannot get a Mastercard Black Card cash advance without the physiscal card.

The Mastercard® Black Card mainly uses TransUnion to check your credit when you apply, though Barclays may use Experian or Equifax instead, according to anecdotal evidence. So, if any of your credit reports are frozen, you should unfreeze them before applying for the card. 

Key Things to Know

• The Mastercard® Black Card requires good credit or better.
• When you apply, Barclays will perform a hard inquiry on your credit report, which might temporarily damage your credit...

Mastercard Black Card points are worth 1.21 cents per point, on average. The value of Mastercard Black Card points depends on how they are redeemed. For example, points from Mastercard Black Card are worth up to 2 cents each when redeemed for airfare.   

Mastercard Black Card Point Values

No, you don't need an invitation to apply or get approved for the Mastercard® Black Card. Pre-approval offers do drastically improve your odds, but approval is never 100% guaranteed. As long as you meet their requirements you should be able to get approved.

Mastercard® Black Card Requirements for Approval

• At least good credit (700+ credit score recommended)
• U.S. residency
• Applicants must be at least 18 years old.
• Enough income to afford the card's...

Chase Sapphire Reserve® is better than the Mastercard® Black Card because Sapphire Reserve offers a lucrative initial bonus, a wealth of high-end travel benefits, and superior overall value, despite charging a higher annual fee. Chase Sapphire Reserve also has a significantly higher WalletHub Rating.

Mastercard® Black Card has a lower annual fee but is still not cheap, with a yearly price tag of $495. While this Black Card does offer solid supplemental travel benefits, it doesn't provide nearly enough bang for the...