Luxury Card is a privately held financial services company owned by Black Card LLC. It provides credit cards and card loyalties to clients through its Mastercard Titanium Card, Mastercard Black Card, and Mastercard Gold Card issued by Barclays.
What is a black card? The credit card most associated with the phrase “black card” is the Centurion® Card from American Express, or the “Amex Black Card.” It was released in 1999 and created such a buzz that other card issuers wanted to create their own deluxe credit cards to reward their highest-spending customers.
The Centurion Card from American Express is offered by invitation only (although you can request to be considered for the invitation) and it has a steep entry price. Not only do you have to pay a $10,000 initiation fee to get your hands on this card, but a $5,000 annual fee applies as well.
This is the middle tier of the three Luxury Cards issued by Barclays. The Mastercard® Black Card™ offers more benefits (for a more expensive annual fee) than the Mastercard® Titanium Card™, but doesn't quite break the bank like the Mastercard® Gold Card™.
The Mastercard® Black Card requirements for approval include: At least good credit score (700+). U.S. residency.
The recommended credit score to apply for the Mastercard Black card is good to excellent, which is a score ranging from 670 to 850 on the FICO scale.
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.
If you're planning to spend a lot of money AND you want the choice of redeeming for airfare or cash, go with the Gold Card. If you are mostly focused on redeeming points for airfare and don't plan to redeem for cash, the Black Card is probably best for you.
How to Get an Amex Black Card. Rumors estimate that in total there are only 100,000 black cardholders in the entire world with approximately 20,000 of those in the United States.
There are 13 card issuers in Australia that provide black credit cards, according to RateCity's database, including American Express, Citi and Virgin Money.
The most prestigious credit cards are the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card, and the Citi Chairman Card because all 3 cards are invitation-only.
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.
Latesha Williams and Jay Bobo joined forces to create the foundation for the popular card game “Black Card Revoked” in 2015.
The highest credit card color is black, in large part because of the ultra-exclusive Centurion® Card from American Express, which is also known as the “Black Card” due to its color.
You can add your CommBank Debit Mastercard, personal and business credit cards (except for additional cardholders on a Visa credit card), Visa Business Debit card and Mastercard Business Debit Card. Some CommBank cards are ineligible including Keycard, Travel Money Card and Corporate Card.
Giovanni Zampolli is just five weeks old (born April 7, St. Luke's-Roosevelt Hospital), but he's already in possession of a black AmEx, the elite credit card with no spending limit.
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. And once you qualify, the card is quite expensive.
What is the most prestigious credit card? One of the world's most prestigious credit cards is the Centurion® Card from American Express*. Though there may be other cards with more elaborate benefits, those cards are kept well under wraps.
What Credit Card Do the Super Rich Use? The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
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.
The Centurion Card from American Express offers white-glove service to a select, chosen few. Better known as the Black Card, you'll need a personal invitation from AmEx to apply, and if approved, you'll be on the hook for a one-time $10,000 initiation fee on top of a $5,000 annual fee.
To get a Black Card from American Express, you must receive an invitation to apply, have Excellent credit, and pay the $10,000 initiation fee. Amex customers can request an invitation for the Black Card online, though there is no guarantee of actually receiving an invite.
The Mastercard Black Card's access to Priority Pass lounges is a fair justification for the card's high annual fee. The card grants complimentary access for the primary account holder to more than 1,300 Priority Pass lounges worldwide. However, cardholders can find better values on Priority Pass membership elsewhere.