June 15, 2024

The card_name touts itself as a card with premium advantages and it has a annual_fees annual charge to match. The credit score issuer known as “Luxurious Card” and markets itself as such. However is the hefty annual charge for this premium journey card price it? Right here’s what the card_name gives and the way it stacks up towards opponents.   

Mastercard® Black Card™

Credit score rating wanted


Common APR


TIME’s Take

To place it mildly, there are higher playing cards than the card_name. When stacked towards opponents with related annual charges and advantages, the card_name gives a lot much less. The annual_fees annual charge is steep, and the advantages and rewards aren’t sufficient to justify it. 

There are just a few distinctive situations the place this card may doubtlessly make sense. We’ll cowl these in case you’re taking a critical have a look at this card. Moreover, when you like fancy steel playing cards, this one weighs in on the prime.  

Professionals and cons


  • 0% steadiness switch supply
  • Concierge providers
  • Precedence Go included
  • $100 annual airline credit score
  • No international transaction charges
  • 2% redemption worth for airfare


  • No welcome bonus
  • Restricted redemptions
  • $495 annual charge, $195 charge for licensed customers
  • No journey rewards program

Who’s the cardboard for? 

This card is for individuals who don’t know any higher. And because you’re studying this text, you’ll know higher. 

Maybe the card_name hopes that you just’re complicated this card with the American Specific Centurion Black Card, which is an invitation-only bank card with loads of unique advantages. The advantages on the card_name aren’t unique, however they’re costly. 

In our analysis, nonetheless, we discovered that there are teams of people that need this card for the limitless variety of folks allowed into airline lounges with its Precedence Go. Many different playing cards the present the Precedence Go have a cap on the variety of folks. In the event you’re a household of seven and wish lounge entry for everybody a number of instances a yr, this card may very well be well worth the annual charge.   


The card_name has an extended listing of advantages. They’re fairly cool, however what you should take into account is whether or not these advantages are well worth the annual_fees annual charge. 

0% APR on steadiness transfers

The card_name is without doubt one of the few premium rewards playing cards that provides a steadiness switch with 0% APR. The intro_apr_rate,intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration have to be made inside 45 days of opening the cardboard. There may be additionally a balance_transfer_fees steadiness switch charge, which is much more than many different playing cards (normally with no annual charge) cost. 

RELATED: Finest 0% APR Credit score Playing cards

Easy rewards construction

You earn just one level for every greenback spent on the cardboard, however you do redeem airfare for two% and money again at a charge of 1.5%. In contrast with different playing cards that earn rewards at charges of 3x or 5x in sure classes, this one falls far quick. 

$100 airline credit score

Every year, you’ll be able to obtain as much as $100 in credit for airline purchases. These embody tickets, in-flight purchases, baggage charges, upgrades, and extra. It’s an ideal profit at first look however if you have a look at opponents, it’s a lot lower than what they’re providing. For instance, there’s a $300 journey credit score from card_name. For the card_name, it’s $400 in lodge and airline credit.

RELATED: Finest Lodge Credit score Playing cards
RELATE: Finest Airline Credit score Playing cards

World Entry and TSA PreCheck assertion credit score

As a cardholder, you obtain a $100 assertion credit score for World Entry, which incorporates TSA PreCheck. 

Concierge providers

The cardboard comes with lively concierge providers. Examples of requests fielded by card_name embody delivering flowers or items, reserving a tee time, making journey preparations, reserving spa providers, and making dinner reservations. 

Precedence Go

The card_name comes with a Precedence Go membership with an infinite variety of visits for the cardholder and any accompanying company. This is without doubt one of the finest options of the cardboard. 

The effective print

The effective print of the card_name is typical of different bank cards, although the steadiness switch charge of balance_transfer_fees is larger than many different playing cards that solely cost 3%. What you’ll see within the effective print consists of:

  • APR: reg_apr,reg_apr_type
  • Stability switch APR: balance_transfer_intro_apr,balance_transfer_intro_duration made inside 45 days of account opening.
  • Annual charge: annual_fees and $195 for every further licensed consumer. 
  • Stability switch charge: balance_transfer_fees.
  • Money advance charge: cash_advance_fee
  • Transaction charges: $0 international transaction charges.
  • Penalty charges: As much as $40 for late and returned cost. 

Extra Hidden Perks

Luxurious Card Journey

The Luxurious Card Journey program gives some doubtlessly precious advantages when you ebook sure motels by means of the bank card. These are: 

  • Room improve, if accessible.
  • Breakfast for 2.
  • Free Wi-Fi.
  • Distinctive property perk (for instance, a spa or eating credit score).

Luxurious Card Journey is akin to such applications because the Luxurious Lodge and Resort Assortment from Chase or the Nice Resorts + Resorts from American Specific.

Journey insurance coverage

The card_name has robust journey insurance coverage advantages. These are:

  • Journey cancellation and interruption. You’ll be able to obtain as much as $5,000 for every insured particular person for interrupted or canceled journeys. 
  • Journey accident insurance coverage. Eligible for as much as $250,000 for unintended loss of life and dismemberment if you ebook your complete journey on the cardboard. 
  • Auto rental collision waiver. Eligible for damages if you pay for the rental automotive with the cardboard and decline the rental insurance coverage provided by the corporate.
  • Baggage delay insurance coverage. In case your luggage are greater than 4 hours late, cardmembers can declare as much as $100 per day. 
  • Journey help. You’ll be able to request help when touring greater than 50 miles from residence. 

Mastercard Particular Affords

Mastercard Particular Affords embody assertion credit and reductions for companies together with Lyft, ShopRunner, Instacart, Peacock, Priceless Golf, and extra. 

Cellphone safety

In the event you pay your telephone invoice along with your bank card, you might be eligible for harm or theft safety. 

What may very well be improved 

For a premium rewards card, the annual_fees annual charge is just too excessive for what it gives. Lounge entry is a pleasant perk, however the identical lounge entry comes with different playing cards that provide sign-up bonuses and higher earnings in rewards classes. 

There may be  0% APR for steadiness transfers, however the steadiness switch charge is 5%. That is fairly excessive and makes for an costly steadiness switch. 

Card alternate options

TIME Stamp: A luxurious card that falls quick  

For a card that payments itself a luxurious card, it falls wanting opponents. There isn’t a introductory bonus supply, no bonus spending classes, no journey rewards program, and few compelling gives from retailers and companions. 

In the event you’re on the lookout for a prestigious, premium rewards card with a excessive annual charge, different playing cards supply higher worth, such because the card_name or the card_name

In the event you’re on the lookout for advantages on par with what the card_name gives, different playing cards within the $95-annual-fee vary, together with the card_name, will do the job for you.

Mastercard® Black Card™

Credit score rating wanted


Common APR


Regularly requested questions (FAQs)

Is it exhausting to get a card_name?

To qualify for the card_name, you want an excellent or glorious credit score rating, so it may be slightly exhausting to get. 

Who qualifies for a black card?

To qualify for a card_name, you want an excellent or glorious credit score rating. 

How a lot is a black card restrict?

The card_name doesn’t disclose the utmost credit score restrict.