Mastercard Black Card Overview
*Card ratings are based on the opinions of TPG editors and are not influenced by card issuers.
of mastercard black card chase sapphire reserve American Express Platinum Card® being made of metal. That’s why we invite people to join the ranks of metal card holders.
Although similar in features to the premium credit card it’s based on, American Express’ Black (Centurion) Card, the Mastercard Black Card doesn’t offer as many benefits and comes with a hefty annual fee of $495. Masu. As a premium card, you also need a credit score of 740 or higher.
Let’s take a closer look at mastercard black card Compare it to other premium cards to decide if it’s worth adding to your wallet.
Centurion card information was independently collected by The Points Guy. The card details on this page have not been verified or provided by the card issuer.
Advantages and disadvantages of Mastercard Black Card
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Mastercard Black Card Welcome Offer
One of the biggest drawbacks of mastercard black card That’s the lack of a welcome offer.
Although the Black Card claims to be a premium credit card, points are not awarded all at once when the card is opened. This can be a major detractor for many considering the very welcome offers of many cards in the travel credit card space.
Mastercard Black Card Benefits
of black card offers several perks to help offset the annual fee while providing travel convenience to cardholders.
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While it doesn’t offer many perks compared to other premium cards, it does offer some value for frequent travelers. Cardholders receive a highly flexible $100 annual air travel credit. Flight-related purchases include tickets, baggage fees, upgrades, and other incidental charges charged directly by the airline. The benefits of this benefit are: amex platinum. Registration required.
The card also offers up to $100 in statement credits for Global Entry or TSA PreCheck application fees. Like the Travel Card, the Black Card has no foreign transaction fees.
It also comes with Priority Pass Select membership, giving cardholders access to over 1,400 lounges around the world. Unlike some other credit card memberships, this card does not include access to Priority Pass restaurants or spas.
This card offers travel and purchase protection, including:
- Trip cancellation/interruption insurance: When you use your card, you get secondary coverage on round-trip purchases. If your trip is canceled or interrupted for a covered reason due to a covered incident, he will be reimbursed for non-refundable round-trip expenses up to $5,000 per person.
- travel assistance: Get travel, medical, and legal assistance if you’re traveling more than 50 miles from home.
- Baggage delay insurance: If you are delayed by 4 hours or more after arriving at your destination, you will be refunded up to $100 in covered merchandise per day for up to 3 qualifying days (excluding arrival at your primary residence) .
- travel accident insurance: Receive up to $250,000 in coverage for death and dismemberment due to a qualifying general aviation airline accident when you charge your eligible card for the full amount of your trip.
- Auto Rental Collision Waiver: If you pay for a rental car with your card and decline the coverage offered by the rental car company, your card will have secondary coverage for rental car damage.
The Black Card also comes with the following benefits:
- mobile phone protection: Additional coverage for damage or theft of your cell phone up to $800 per claim and $1,000 per 12 months. The cardholder is limited to two charges in a 12-month period and receives a $50 deduction per charge.
- Lyft Credit: Earn $5 in Lyft credits when you sign up with your card and take three qualifying rides in a month.
- shop runner: Sign up for a free ShopRunner membership with your Black Card and get free 2-day shipping and free return shipping on eligible purchases.
- instacart: Get 2 months of free Instacart+ membership and $10 off your second order every month (valid until March 31, 2025).
- peacock credit: Receive $3 in Peacock streaming credits or $5 in Peacock Premium Plus streaming credits per month (valid through March 31, 2025).
- McAfee protection: Enjoy a discounted 13-month subscription to McAfee Total Protection (valid until March 31, 2024).
Related: Do I need travel insurance if I have credit card coverage?
Earn benefits with your Mastercard Black Card
Unfortunately, despite advertising itself as a premium card; black card Disappointed by the poor rate of return. Cardholders earn 1 point for every dollar spent, but there are no bonus categories to increase returns.
With such a low earning rate, you’re better off spending with a no-annual-fee cash-back credit card like the Chase Freedom Unlimited, which earns 1.5% cash back on non-bonus earning categories. Earning rewards at very low rates is another reason why this card stands out from other premium credit cards.
Related: Best cashback credit cards
Take advantage of Mastercard Black Card benefits
Rewards can be redeemed in two ways: cashback or flight tickets.
Points can be redeemed for 2 cents on airfare, so you can stay ahead of your competitors.compare this Chase Sapphire Reserve cardholders can redeem up to 1.5 cents each when they book through the Chase Ultimate Rewards travel portal. Of course, you can earn significantly higher returns by transferring your Chase Ultimate Rewards points to a partner airline rather than directly redeeming them through the portal.
Not being able to transfer points to partner airlines is a negative data point for me. Because we feel there’s much more value in doing so, especially when combined with transition bonuses, sales, or sweet spot benefits. One of the biggest highlights of this card is that you can redeem it for airline tickets for 2 cents each; black card Totally missing the point in the premium credit card market.
Which cards compete with the Mastercard Black Card?
it’s not a secret black card has not won praise from credit card or points and miles enthusiasts. Once you receive the email to apply for this card, check out the card below. Similar to the Black Card, it has a much higher value and comes with a higher annual fee.
- Want to earn more miles?: of Capital One Venture X Rewards Credit Card The $395 annual fee plan is the best option (see rates and fees). This card earns you 10 miles per dollar spent on hotels and rental cars, and 5 miles per dollar spent on flights booked through Capital One Travel. Meanwhile, you’ll earn 2 miles per dollar spent on all other purchases, and get a $300 annual credit for travel booked through Capital One Travel. Read our full review of the Capital One Venture X Rewards Credit Card to learn more.
- If you spend a lot of money on food: of American Express® Gold Card gives you 4 points per dollar spent on groceries (up to $25,000) at restaurants (including U.S. takeout and delivery) and U.S. supermarkets worldwide. You’ll also earn 3 points per dollar spent on tickets booked directly with the airline or through amextravel.com. Cardholders also receive up to $120 in dining credits and up to $120 in her Uber cash credits. Best of all, the points he earns can be transferred to 21 partners (18 airlines and 3 hotels), and the card comes with an annual fee of $250 (see rates and fees). Read our full review of the American Express Gold Card to learn more.
- If you want a chase card: The Chase Sapphire Reserve offers a higher earning rate of 3 points per dollar on travel and dining purchases, a flexible $300 annual travel credit, and airport lounge access. Despite the $550 annual fee, cardholders receive more valuable benefits than black cardholders. Read our full review of Chase Sapphire Reserve to learn more.
Check out our full list of the best premium credit cards for additional options.
Related: Are premium credit cards worth their annual fees?
Is the Mastercard Black Card worth it?
of black card This is not a card I would recommend for anyone considering entering the world of premium credit cards. This card only makes sense for those who want a stylish metal credit card with simple travel-related perks and a higher reward rate than other premium cards. Otherwise, a card with basic benefits, low earning rates, limited redemption options, and high annual fees isn’t worth getting your credit report under scrutiny.
conclusion
It’s a metallic black card in the tradition of American Express’s Centurion Card, but it’s a card you should probably avoid, as it doesn’t offer many perks. A card that advertises itself as a premium credit card with a high annual fee must have a better value proposition.
One of the biggest highlights of this card is that you can redeem it for airline tickets for 2 cents each; black card Totally missing the point in the premium credit card market.
Apply here: mastercard black card
Click here for information on Amex Gold Card fees and charges.
