The Mastercard® Black Card™, which is offered through Luxury Card™, is a black-coated metal credit card that exudes exclusivity — but it doesn’t necessarily measure up to the invite-only cards on this list in terms of perks and rewards.
Some notable benefits include:
- An annual airline travel credit
- 24/7 Luxury Card Concierge® service
- Exclusive Luxury Card Travel® benefits that include hotel room upgrades and resort credits at eligible properties
Applying for this card isn’t overly difficult since it’s available online, and the $495 annual fee (plus $195 for each authorized user) makes it a lot more affordable.
If you do opt to sign up for this black card, you’ll earn 1X points on all purchases. Your rewards are worth:
- 2 percent more in value when redeemed for airfare with any eligible airline
- 1.5 percent more in value when redeemed for cash back
However, instead of letting you transfer your rewards to specific airline and hotel partners, the Mastercard Black card just has you redeem your points with any eligible airline. While this can provide you with more flexibility, it also means you likely won’t get nearly as much value from its points as you would from other travel rewards cards.
