But we have it on good authority that celebrities including Beyoncé, Oprah Winfrey, and Jerry Seinfeld, who reportedly received the first-ever Black Card, all carry it. Collectively there are thought to be fewer than 20,000 AmEx Centurion cardholders around the world.
Key Takeaways: There are around 20,000 Black cardholders in the U.S. This is a no-limit credit card. Cardholders are excepted on an 'invitation-only basis.
The American Express Centurion Card, colloquially known as the Black Card, is a 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.
Members of the 1% — or perhaps the 0.1% — may get an invitation for a black card, as some of these high-status cards are only available to consumers that the issuing bank deems worthy. What makes one worthy?
The hardest Amex card to get is the Centurion® Card from American Express. Also known as the “Black Card,” this Amex card is hard to get because it is available by invitation only, and potential candidates are rumored to need an annual income of at least $1 million.
The American Express Centurion Card is by invitation only. Whilst American Express does not publish its criteria (and there may not even be any fixed criteria) there are a range of behaviours that are likely to improve your chances of invitation. Having a strong Amex history is key.
How much do you have to make to get Amex's black card? There aren't any income requirements per se, but you most likely need to be a high spender on your Amex cards. If you're in the ballpark of $250,000 to $500,000 in annual spending across all your open Amex cards, you may qualify for the Centurion card.
The credit limit will vary by card provider, for example the Amex Centurion Black Card in the UK has no pre-set spending limit. Despite this, you'll need to clear your balance each month or you'll face hefty fees.
The most exclusive black credit cards in the UK are actually far more than just a credit card, they are a symbol of wealth, an extravagant lifestyle and, in some cases, fame. Most high-net-worth banking customers will be unaware of whether they qualify for a black credit card until they receive an invitation to apply.
The Centurion card beats out the Mastercard Black card in terms of rewards, benefits, and features. The major drawback of the Centurion card is its $10,000 initiation fee and $5,000 annual fee (plus $5,000 annually for each authorized user).
What is the spending limit on the American Express Black Card? There is no spending limit with the Amex Black Card. However, balances must be paid off in full every month.
No, there aren't any credit cards higher than the “Amex Black Card.” Officially called the Centurion® Card from American Express, the Amex Black Card is far and away the most exclusive, prestigious credit card on the market.
The American Express Centurion Card
The Amex Centurion (or Amex Black) is the highest level American Express card, but it has a very elite, invite-only membership and Amex does not officially publish its information.
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. Black cards are a status symbol that are typically invite-only and reserved for big spenders who can afford to pay initiation fees and annual fees totaling thousands of dollars.
With a black card, you can lock in hotel elite status at four major hotel chains: Marriott, Hilton, Intercontinental Hotels Group, and Relais & Châteaux. Hotel elite status gets you sweet benefits like room upgrades, late checkouts, resort and spa credits, and free breakfast.
Coutts Silk Card
The prestigious Silk Card offered by the Royal Bank of Scotland-owned UK private bank is exclusive to Coutts clients only. The card starts with about a £20,000 monthly credit limit, although this may differ depending on the bank's personal assessment of your finances.
Minimum spending estimates vary from $250,000 per year up into the millions. That said, you can request consideration online if you want to give it a shot. Something to keep in mind: The Centurion comes in both personal card and business card versions.
Regardless, you should expect to need an excellent credit score (scores of 800 and above) to qualify for a black card.
Everyone knows that you can't actually lose your “blackness” by the taking away of a fictional card. But that fact doesn't stop some black people from making the joke because that's part of what makes it so funny, you can't stop being black no matter what you do because it's literally the color of your skin.
Tomorrow x Together (TXT) member Yeonjun owns a black card, being the fourth generation kid, he owns one of the richest cards in the world.
Known as the Black Card, the Centurion® Card from American Express is an elusive and exclusive card issued by invitation only. To be invited, you reportedly must have spent and paid off at least $250,000 across your Amex accounts in a single year.
There is no minimum income requirement to be approved for this card, even though it's marketed at customers with frequent travellers or those with significant spending power. This card is now a credit card, with a Representative APR of 458.2% and a purchase rate of 28.8% with an assumed credit limit of £1,200.
The black card and how to get one
According to one report, Centurion cardholders had an average annual household income of about $1.3 million and had a net worth of about $16 million.