Info about Mastercard® Black Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
Rewards%APR925Reviews11Q&AContact
RewardsAPRWalletHub ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Annual Fee
$495
Rewards
Earn 1 point for every $1 spent on this card. Receive 1.5% Value for Cash Back direct deposit into a US bank account or as a statement credit.
2% Value for Airfare Redemption. 50,000 Points will get you a $1,000 ticket on any airline with no blackout dates or seat restriction
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
Plus, $100 automatic statement credit for the cost of the Global Entry Application Fee.
Airport Lounge Access with Priority Pass™ Select.
APR on Purchases
19.49% (V)
Balance Transfer
0% intro APR for 15 months, 19.49% (V) APR after that
Don’t be fooled. This isn’t the Black Card you’ve seen celebrities flash. That’s actually the American Express Centurion Card, which is available by invitation only to people who spend hundreds of thousands of dollars per year. So don’t apply for the Mastercard Black Card thinking you’re getting a status... show more
Can't find what you are looking for? Submit your question about Mastercard® Black Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
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.
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 19.49% (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.
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...
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 Mastercard® Black Card mainly uses TransUnion for approval, but it might use Experian or Equifax as well. And when it comes to reporting your activity, it will use all three of the major bureaus.
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 1.5 cents each when redeemed for cash back.
No, you don't need an invitation to apply, or get approved. Pre-approval offers do drastically improve your odds, but approval is never 100% guaranteed. As long as you've got the score requirement (and the income to match), you should be able to get approved.
The Mastercard Black Card's credit limit could be $5,000 to $25,000, based on user reports. But the card's issuer (Barclays) does not disclose an official minimum starting limit. They do say that it's impossible to request a certain limit though. Given that the Mastercard Black Card is advertised as a...
Share your insights and review the Mastercard® Black Card
5
13%
4
15%
3
30%
2
17%
1
26%
2.7
925 reviews
925 reviews
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sbanovic @sbanovic
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1 Star Rating
Verified Customer
A worthless credit card with very little to offer and sky high annual subscription costs. Their customer service is abysmal and in spite of assurances made to resolve anomalous credit card activities, nothing actually gets done. There are serious language barrier with their customer service people (offshore) and most of the time I’m forced to escalate to the MOD because they’re the only fluent speaking people… avoid even applying for this card. Not worth it.
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junk1 @junk1
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1 Star Rating
I originally got this credit card for the benefits when traveling to member businesses like hotels and resorts. Also, there are no foreign transaction fees (these are typically 3%) and it came recommended by one of my friends.
I only had the card for 2 months when I sent in a check for $46.05. Only problem? They deposited it for $6.05. Now I can understand this happening on a handwritten check, but I print my checks and I have never seen one of my printed checks deposited for an incorrect amount.
Now fortunately, I caught their mistake while balancing my accounts and called them to ask what we needed to do to resolve the mistake. I offered to send another check and told them to contact me with whether or not I needed to do so. I also added a travel alert that I would be going to Mexico on vacation.
Now I get to Mexico and find out the card is getting declined everywhere! Turns out they put a hold on the account for a past due balance. Only problem was that I was counting on being able to use this card to get extra cash if I needed it while on the trip. I needed the extra cash but couldn't get it. Really messed up what I could do on the vacation. Thank goodness I took a backup credit card with me (I left my debit cards at home to ensure they wouldn't get stolen or compromised).
I called back when I got to the USA and called them asking what they were going to do to resolve their series of mistakes. They said I needed to pay the past due balance immediately on the phone and that they'd look into the mistake with the previous check.
WORST CUSTOMER SERVICE EVER. After making so many mistakes, they should have offered something - anything. But to come right back and say they were going to do absolutely nothing was the final mistake I was willing to endure. So I closed the account having had it for only 3 months.
DO NOT GET THIS CARD. They can't even deposit a check payment correctly. And you'll pay the price for their mistakes.
I wish I could give them zero stars. Too bad I have to give one.
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wkostiuk @wkostiuk
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1 Star Rating
Terrible card member service! Never use this card to make online purchases. Good luck if you need to dispute a charge, they arbitrarily side with online merchants who fail to ship your merchandise and then tell you to go sue the merchant to get your money back. Stay away,
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jbburnett @jbburnett
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1 Star Rating
Absolutely worst credit card ever! Nothing on this card is worth talking about. Terrible customer service, horrible rewards and ridiculously negative credit score hits with minimal purchasing's. Trust me don't relive my nightmare!!
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ronabukrat @ronabukrat
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1 Star Rating
Verified Customer
Please people beware !! Terrible company. Cheater . Worst customer service 0 I will give them if I can Barclaycard should go bankrupt be better they stole interest. 495$ fees no warranty on fraud transactions and zero customer service level stay away !!
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Stephanie Patel @steph415_patel
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1 Star Rating
I had been Customer with Master card black card since last 3 years. $495 fee is outrageous. I still paid since I travel so much, I couldn’t use benefits of lounge card because they are normally on different terminals and it won’t work out. They say they cover $100 per day cost of your essential interns in case your bag is delayed. Well, when I called them when my airline had lost bag, they direct me with their insurance agency. It’s vey difficult to get hold of anyone. I had called them about 20 times and left at least 15 times. When I finally got call from them, I was told you were back in Texas and Texas is your home. We will not pay for anything. Do they know Texas is state of USA? I end up canceling my card with them. It’s not with my time not spending $495 fees.
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gizzmo41 @gizzmo41
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4 Star Rating
Since it was revamped into a MasterCard it has improved. I like the Prioritypass lounge benefits, a $300 dollar value and my wife gets in free, I would like to see them increase the airline credit to $200. Otherwise I get double points for airfare, and 1.5 % cash back. I think it's a pretty straight forward point system and really not confusing at all. If you don't travel more than 2x year probably better to look elsewhere as the annual fee is steep.
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BreeandJon Jbjkl @breeandjonj
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1 Star Rating
This card is not for someone who wants to use it, they hold your money after it clears your bank for 7-10 days before they release money back on the card! If you want a great card go with American Express !! They will give you outstanding service!!! Barclay card does very bad business, & poor service!
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Joshua Rowlett @joshua.rowlett.7
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1 Star Rating
I really despise even having this card because of it's annual fee. I have an chase sapphire card that offers much more points when used and does not drain money out of my wallet unlike the Visa Black credit card. I cannot stand how difficult this card is to use and the insanely complicated point system just make this card much more difficult and loathsome to have.
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Allie Blessing @allieb
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2 Star Rating
My first impression of the Visa Black Credit Card is that the annual fee is outrageous at $495 a year. I currently have the Visa Gold Delta SkyMiles card, which offers similar points benefits at a mere $95 a year fee. The initial reward looks amazing until you realize that in order to receive you must spend $1500 in the first 90 days. My Visa Gold Delta SkyMiles card only required me to spend $1000 in the first 90 days for a higher benefit (30,000 points). Both of these cards have similar maximum late fees ($35 for the black card, $38 for the gold delta card), but overall, I would prefer a credit card that costs less on a yearly basis and offers the same point rewards.
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