Overview of Mastercard Black CardTM
The Mastercard® Black CardTM is a luxury credit card for people with excellent credit and high incomes. Few qualify, but it has great travel benefits. Enrolling is quick and the perks like airport lounge access and hotel discounts are exclusive. Its stainless steel and carbon fiber design is patented for durability.
The Evolution of the Black Card
It was once the Visa Black Card from Barclays until Mastercard rebranded it as the Mastercard Black Card in 2016 for the “Luxury Card” brand. The Visa Black Card had a 0% intro APR and 25,000 signup points. The card has no preset limit, so you can buy expensive items other cards wouldn’t allow. But as a charge card, balances must be paid monthly.
Qualifications for the Centurion® Card
The Centurion® card, or “black card,” is the most prestigious high-end charge card. You’ll need excellent credit and to spend over six figures annually to qualify. The card’s luxury perks allow big purchases other cards can’t.
What is a Black Visa Card?
What does a black visa card mean? A visa black card allows foreign nationals to live and work in the United States without the need for a visa. The card is issued to individuals who are able to prove that they meet certain requirements, such as being a valuable businessperson or having significant ties to the United States.
Qualification Criteria for Black Card Invitations
Who gets a black card invitation? Very high income and assets are needed. Spending of at least $16,000 per month on credit cards is required in most cases. Some banks also want investable assets over $1 million, not counting real estate. The specifics vary by bank.