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 credit history, income and potential debt. But even if it does, the high fee means this black card probably won’t be worth it.
The Mastercard® Black Card offers few perks. There’s only 1 point per $1 on purchases, a $100 annual air travel credit and a Priority Pass Select lounge membership. That’s really not worth the cost, especially when there are cheaper options available with better rewards.
High limit cards you can get instead of the Mastercard® Black Card:
But there’s a second “Black Card.” The Centurion® Card from American Express is better known by that nickname. It’s an extremely exclusive card available only through invitation to high-income, high-spending Amex clients. The Centurion® Card from American Express card has no preset spending limit, which means that the amount you can spend can change each month based on how much you choose to spend, your credit, your income and more.
If you’re in the market for a high limit credit card, you can check our editors’ latest picks to see which one suits your needs better.
This answer was last updated on 05/27/22 and it was first published on 04/08/19. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
