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Mastercard Black Card review: A premium card lacking a wow factor

Mastercard Black Card overview

The Mastercard® Black Card™ is a premium card with respectable advantages to raise your travels. Perks embrace a $100 annual airline incidental credit score, reimbursement on your International Entry or TSA PreCheck software price and a Precedence Move Choose membership. The cardboard earns 1 level per greenback on all transactions, and factors could be redeemed as 1.5% for money again or 2% for airfare redemption with no blackout dates. Card score*: ⭐⭐½

*Card score relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Mastercard Black Card follows the pattern of well-known playing cards such because the Chase Sapphire Reserve and The Platinum Card® from American Categorical being constructed from steel. As such, it allures folks to affix the ranks of steel cardholders.

Regardless of being related in materials to premium bank cards taking part in on the nomenclature of American Categorical’ Black (Centurion) Card, the Mastercard Black Card would not supply as many advantages and comes with a steep annual price of $495. As a premium card, it additionally requires a credit score rating of 740 or above.

Let’s take an in-depth have a look at the Mastercard Black Card to see the way it compares to different premium playing cards so you’ll be able to determine whether or not it deserves a spot in your pockets.

The knowledge for the Centurion Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

Mastercard Black Card professionals and cons

Execs Cons
  • International Entry and TSA PreCheck software credit score
  • Annual airline credit score
  • Precedence Move Choose membership
  • Journey and procuring protections
  • 2% redemption for airfare purchases
  • Weak incomes fee of 1 level per greenback spent on all purchases
  • No switch companions
  • Excessive annual price

Mastercard Black Card welcome supply

One of many largest drawbacks of the Mastercard Black Card is the shortage of a welcome supply.

THE POINTS GUY

Regardless of calling itself a premium bank card, the Black Card would not supply a lump sum of factors for opening the cardboard. This is usually a big detractor to many contemplating the excessive welcome affords of many playing cards within the journey bank card sphere.

Mastercard Black Card advantages

The Black Card affords a number of advantages that may assist offset the annual price whereas additionally offering cardholders with some conveniences for his or her travels.

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Compared to different premium playing cards, the advantages are few however nonetheless present some worth to frequent vacationers. Cardholders obtain a $100 air journey credit score yearly that’s fairly versatile. Flight-related purchases embrace airline tickets, bag charges, upgrades and different incidentals charged instantly by the airline. A plus of this profit is that you just need not choose an airline to apply it to, not like the as much as $200 airline credit score accessible with the Amex Platinum. Enrollment is required.

ZACH HONIG/THE POINTS GUY

The cardboard additionally affords as much as $100 as an announcement credit score for the International Entry or TSA PreCheck software price. As anticipated with a journey card, the Black Card has no overseas transaction charges.

It additionally comes with a Precedence Move Choose membership, giving cardholders entry to over 1,400 lounges worldwide. In contrast to memberships from just a few different bank cards, the cardboard doesn’t embrace entry to Precedence Move eating places or spas.

The cardboard gives journey and buy protections, together with:

  • Journey cancellation and interruption insurance coverage: Obtain secondary protection for a lined round-trip buy while you use the cardboard. You could be reimbursed for the price of the nonrefundable round-trip bills as much as $5,000 per individual if an accidental-covered occasion causes you to cancel or interrupt your journey for a lined purpose.
  • Journey help: Obtain journey, medical and authorized help while you journey 50 miles or extra from dwelling.
  • Baggage delay insurance coverage: You could be reimbursed for lined gadgets for as much as $100 a day at a most of three qualifying days for delays of greater than 4 hours from the time you arrive at your vacation spot (arrival at your main residence is excluded).
  • Journey accident insurance coverage: Obtain as much as $250,000 protection for eligible frequent service unintended loss of life and dismemberment while you cost your whole journey fare to your eligible card for a lined journey.
  • Auto rental collision waiver: The cardboard comes with secondary protection for lined damages for a rental automobile while you pay for it utilizing the cardboard and decline the protection provided by the rental company.

The Black Card additionally comes with the next advantages:

  • Cellphone safety: Supplemental protection for injury or theft of your cellphone is as much as $800 per declare and as much as $1,000 per 12-month interval. Cardholders are restricted to 2 claims per 12-month interval and a $50 deductible per declare.
  • Lyft credit score: Enroll and take three eligible rides in a month utilizing the cardboard to get a $5 Lyft credit score.
  • Shoprunner: Obtain free two-day delivery and free return delivery on eligible purchases while you join a complimentary ShopRunner membership with the Black Card.
  • Instacart: Get pleasure from two months of complimentary Instacart+ membership and $10 off your second order every month (legitimate by means of March 31, 2025).
  • Peacock credit score: Obtain a month-to-month $3 Peacock streaming credit score or a $5 Peacock Premium Plus streaming credit score (legitimate by means of March 31, 2025).
  • McAfee Safety: Get pleasure from a reduced 13-month subscription to McAfee Complete Safety (legitimate by means of March 31, 2024).

Associated: Do you have to get journey insurance coverage when you have bank card safety?

Incomes rewards on the Mastercard Black Card

Sadly, regardless of advertising itself as a premium card, the Black Card disappoints with its poor incomes fee. Cardholders earn 1 level per greenback spent, with no bonus classes to spice up your return.

PIXDELUXE/GETTY IMAGES

With such poor incomes charges, you are higher off spending on a no-annual-fee cash-back bank card such because the Chase Freedom Limitless, which earns 1.5% money again on non-bonus incomes classes. Incomes rewards at such a low fee is another excuse why this card is on the sidelines when in comparison with different premium bank cards.

Associated: Finest cash-back bank cards

Redeeming rewards on the Mastercard Black Card

Rewards could be redeemed by means of two methods: money again or airfare.

You possibly can redeem factors for two cents every towards airfare, placing it forward of the competitors. Evaluate this to Chase Sapphire Reserve cardholders, who can redeem as much as 1.5 cents every when reserving by means of the Chase Final Rewards journey portal. In fact, you may get considerably increased returns by transferring Chase Final Rewards factors to airline companions versus redeeming them instantly by means of a portal.

GARY HERSHORN/GETTY IMAGES

Not having the ability to switch factors to an airline associate is a unfavorable knowledge level for me, as I discover much more worth in doing so, particularly when paired with switch bonuses, gross sales or candy spot redemptions. I’ll say that one of many largest highlights of this card is redeeming for flights at 2 cents apiece, however other than that, the Black Card actually misses the mark within the premium bank card market.

Which playing cards compete with the Mastercard Black Card?

It is no secret that the Black Card is not successful the praises of bank cards or factors and miles fans. When you obtain a mailer to use for this card, try the next playing cards under, which supply much more worth and annual charges just like the Black Card.

  • If you wish to earn extra miles: The Capital One Enterprise X Rewards Credit score Card is your greatest guess with an annual price of $395 (see charges and charges). The cardboard affords 10 miles per greenback spent on inns and rental automobiles and 5 miles per greenback spent on flights booked by means of Capital One Journey. In the meantime, all different purchases earn 2 miles per greenback, and you may obtain a $300 annual credit score for journey booked by means of Capital One Journey. For extra data, learn our full evaluation of the Capital One Enterprise X Rewards Credit score Card.
  • When you spend so much on eating: The American Categorical® Gold Card affords 4 factors per greenback spent at eating places worldwide (together with U.S. takeout and supply) and on groceries at U.S. supermarkets (as much as $25,000 restrict), in addition to 3 factors per greenback spent on airfare booked instantly with an airline or by means of amextravel.com. Cardholders additionally obtain as much as a $120 eating credit score and as much as a $120 Uber money credit score. Better of all, factors earned could be transferred to 21 companions (18 airways and three inns), and this card comes with an annual price of $250 (see charges and charges). For extra data, learn our full evaluation of the American Categorical Gold Card.
  • If you need a Chase card: The Chase Sapphire Reserve affords increased incomes charges on journey and eating purchases at 3 factors per greenback, a versatile $300 annual journey credit score and airport lounge entry. Regardless of having an annual price of $550, cardholders obtain extra priceless advantages than these with the Black Card. For extra data, learn our full evaluation of the Chase Sapphire Reserve.

For added choices, try our full checklist of the perfect premium bank cards.

Associated: Are premium bank cards well worth the annual price?

Is the Mastercard Black Card price it?

The Black Card is a card I’d not advocate to these seeking to enter the world of premium bank cards. This card solely is smart to those that desire a trendy steel bank card with easy travel-related advantages and the next redemption fee than different premium playing cards. In any other case, receiving a tough inquiry in your credit score report for a card with fundamental advantages, a poor incomes fee, restricted redemption choices and a excessive annual price isn’t price it.

Backside line

Lackluster advantages simply to have a black card constructed from steel that performs on the legacy of the Centurion Card from American Categorical make this a card that ought to in all probability be averted. A card advertising itself as a premium bank card with a excessive annual price should have a greater worth proposition.

I’ll say that one of many largest highlights of this card is redeeming for flights at 2 cents apiece, however other than that, the Black Card actually misses the mark within the premium bank card market.



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