A black card is an ultra-exclusive, high-end credit or charge card, often invitation-only, designed for high-net-worth individuals. Known as the ultimate status symbol, the most famous is the American Express Centurion Card, featuring no pre-set spending limits, immense rewards, luxury concierge services, and high annual fees.
To get a black card, you'll typically need a high net worth and spend six figures annually on your card. Most black cards require an invitation to apply. Black cards offer top-tier travel benefits, but many of the same benefits are available with less exclusive, lower-annual-fee travel cards.
The privileges of a black card include upgrades and special permissions for rental cars and access to some of the most breathtaking hotel suites in hard-to-reach destinations. Black cards also offer dedicated concierge services, and some are even rumored to provide charter jet service.
Most black cards have no pre-set spending limits, allowing cardholders to make very large purchases without batting an eye. They also offer an unparalleled level of exclusive perks and services.
The Centurion® Card from American Express is the rarest credit card in the world. Also known as the "Black Card," it requires an invitation to apply, and customers reportedly need to spend $350,000+ per year on other Amex credit cards and have at least $1 million in income to qualify.
The Secret Of The Black Card | American Express Black Card
Does Kim Kardashian have a black card?
Both Kim Kardashian and Oprah Winfrey reportedly have one, and Jerry Seinfeld broke his out in a recent episode of the Netflix show, "Comedians in Cars Getting Coffee." In fact, were it not for Seinfeld, the card might not exist. "Do you know why there is a Black Card?" he asks fellow comedian John Mulaney. "Me."
The American Express Centurion Card, colloquially known as the Black Card, is an exclusive invitation-only charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.
Why There Are No Cards Higher Than the Black Card. An invitation is required just to apply for the Amex Black Card, and you'll reportedly have to meet very strict requirements in order to receive an invitation.
Reward Black credit card - Representative APR 40.7% (variable) The Reward Black credit card annual fee is refunded for Premier Reward Black members. To apply, you must be a UK resident, aged 18+ and earning at least £15K per year.
Downgrades. Members are able to request to downgrade their membership from the Black Card membership to the 4Less membership in club at the Front Desk during staffed hours, or by sending a request to Membership Changes.
Jimin owns the Hyundai "The Black Card 3," an elite credit card exclusive to the top 0.05% of earners in the country and recognized as one of the four most expensive black cards in existence.
These cards are typically reserved for the ultra-wealthy, who spend significantly high amounts on them, which is why they often have no credit limits. Typically, the cards are available on an invitation-only basis, so the only eligible people are those who get asked to apply.
The most expensive credit card in the world is the American Express Centurion Card, commonly known as the Amex Black Card. This card is highly exclusive, with approximately 100,000 cardholders globally, and around 200 in India since its introduction in 2013.
The American Express Black Card income requirement is reportedly at least $1 million per year. It's rumored that you must also spend and pay off at least $350,000 across your American Express credit cards annually just to get an invitation to apply.
With a $70,000 salary, you could expect initial credit limits ranging from roughly $14,000 to $21,000, or potentially higher, depending heavily on your excellent credit score, low debt-to-income ratio, and the lender's policies, with some high-limit cards potentially offering much more. Lenders look at your income after expenses (DTI), credit history, and existing debts, not just your salary, to determine your limit, making a solid credit profile key.
The likes of Ed Sheeran, Example and Vernon Kay have flexed their 'High Five' cards, as they are called, so we know they're real. However, there is one crucial hidden rule that the restaurant have for their coveted Black Card.
These cards have high fees, such as a $10,000 initiation and $5,000 annual fee. Benefits include no credit limit, VIP lounge access, travel perks, and personalized services. Qualification requires high income, net worth, and significant spending activity.
Kim Kardashian and Oprah Winfrey, meanwhile, have used the American Express Centurion, which is said to enable cardholders to buy anything they desire, no matter how seemingly inaccessible.
The cash advance limit is a portion of the overall credit limit, ranging from 20% to 40%. For instance, if your Credit limit is ₹1,00,000 then you can withdraw between ₹20,000 and ₹40,000 as cash. The remaining balance can be used for Card transactions only.
Yes, it's possible to get a $10,000 limit on your credit card, especially if you have good to excellent credit. You will typically need a high income and little to no existing debt to get a limit that high, too.
