Mastercard® Black Card® vs Mastercard® Gold Card™: Which Card Wins for Your Spending?

Which earns more for you?

Monthly spending. We rank on rewards minus the full annual fee, so statement credits and perks are listed separately and never counted for you.

Choosing between the Mastercard® Black Card® ($699/yr) and the Mastercard® Gold Card™ ($1199/yr) comes down to where you spend most. Both cards can deliver real value. Let’s break it down, then run your numbers to find the winner.

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Meet the Contenders

Luxury Card Mastercard Black Card

Show cardHide card Luxury Card Mastercard Black Card

2X points on airfare and hotels booked through LuxuryCardTravel.com, 1X on everything else; up to $300 in annual credits ($200 airline + $100 dining), plus a $120 Global Entry/TSA PreCheck credit every 5 years. Earns 1X points on everything else.

Annual fee: $699 Foreign fees: 0%

Perfect if: You spend enough in bonus categories to easily offset the annual fee.

Beyond the points: Up to $300 in annual statement credits ($200 airline + $100 dining), plus a $120 Global Entry/TSA PreCheck credit every 5 years, offset a large share of the $699 fee before any points are counted. Then add Priority Pass Select with unlimited guest visits and 24/7 concierge.

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Luxury Card Mastercard Gold Card

Show cardHide card Luxury Card Mastercard Gold Card

2X points on airfare and hotels booked through LuxuryCardTravel.com, 1X on everything else; up to $700 in annual credits ($300 airline + $200 dining + $200 Ship&Play), plus a $120 Global Entry/TSA PreCheck credit every 5 years. Earns 1X points on everything else.

Annual fee: $1199 Foreign fees: 0%

Perfect if: You spend enough in bonus categories to easily offset the annual fee.

Beyond the points: Up to $700 in annual statement credits ($300 airline + $200 dining + $200 Ship&Play), plus a $120 Global Entry/TSA PreCheck credit every 5 years that also covers authorized users, offsets well over half the $1,199 fee before any points are counted. Redeems at a flat 2¢/point for both cash back and airfare.

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Head-to-Head Comparison

Feature Luxury Card Mastercard Black Card Luxury Card Mastercard Gold Card
Annual Fee $699 $1199
Sign-Up Bonus None None
Foreign Transaction Fee 0% 0%
Base Reward Rate 1X points 1X points
Redemption Value 2% redeemed for airfare, 1.5% redeemed for cash back 2% redeemed for airfare or for cash back
Key Benefits 2X points on airfare and hotels booked through LuxuryCardTravel.com, 1X on everything else; up to $300 in annual credits ($200 airline + $100 dining), plus a $120 Global Entry/TSA PreCheck credit every 5 years. 2X points on airfare and hotels booked through LuxuryCardTravel.com, 1X on everything else; up to $700 in annual credits ($300 airline + $200 dining + $200 Ship&Play), plus a $120 Global Entry/TSA PreCheck credit every 5 years.

The Verdict

Luxury Card Mastercard Gold Card wins on travel, dining, groceries, gas.

The $500/year fee difference means Luxury Card Mastercard Gold Card needs to earn about that much more in rewards to justify its cost.

Luxury Card Mastercard Black Card carries $420/year in credits (mostly unlocked by everyday bonus-category spending), while Luxury Card Mastercard Gold Card carries $820/year in credits (mostly unlocked by everyday bonus-category spending). Those only count if you’d actually use them. Worth checking against your own habits before treating them as a discount on the fee.

Rewards rates aren’t the whole story here. Lounge access, concierge service, travel protections, and statement credits can be worth more than a fraction of a percent in earn rate. See the key benefits above and weigh them against how you travel and spend.

Not sure which fits your life? Enter your spending below and we’ll do the math. The calculator ranks purely on rewards minus the full annual fee, so credits and perks are yours to judge.