The terms and conditions for the American Express Black Card don’t state a minimum or starting credit limit, so there’s no way to know exactly what credit limit cardholders will get. Like most credit cards, the Amex Black Card’s credit limit will be based on the applicant’s overall creditworthiness, annual income, and account history. But if the initiation fee ($10,000) and annual fee ($5000) are any indication, it’s unlikely a cardholder will be limited in spending power with the Amex Black Card.
The American Express Black Card’s limit is determined on a month-to-month basis, and it depends on your spending and payment habits over time. That is because the Amex Black Card - or the American Express Centurion Card, formally - is a "no preset spending limit” (NPSL) card.
This is one of the most exclusive credit cards out there, and it's specifically for high-spenders.
The American Express Black Card’s requirements are rumored to include being an Amex cardholder for at least a year, spending over $100,000 annually on American Express credit cards, and annual income of at least $1 million. You’ll probably need to have an excellent credit score, too. To be clear, these things only get you an invitation to apply for the card. So that's just the bare minimum needed. There is a steep "initiation fee" of $10,000 and an annual fee of $5000.… read full answer
Amex doesn't publicize many details about its Black Card (also known as the American Express Centurion Card), so it's hard to say exactly what the approval requirements are. But recently, Amex added an invitation request form to the website, so if you want to get on Amex’s Black Card radar, fill out the form here.
There is no way to know how high American Express credit limits are. You won’t know your American Express credit limit until you’re approved for an account. American Express does not disclose a minimum credit limit in their cards’ terms and conditions, unlike some other major issuers. All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards.… read full answer
One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card. People will often post what limit they received, sometimes with their credit score and income. On Amex cards for good credit, people seem to report starting with limits of $1,000-$5,000 most often. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn’t mean you will, too.
The highest end card is The Platinum Card® from American Express because it has a wide array of high-end benefits, including airport lounge access and yearly credits of up to $200 for airline fees, up to $200 for Uber, and up to $100 for Saks Fifth Avenue. American Express Platinum card also has a high-end annual fee, at $550. And it’s only available to people with good credit – the highest credit score tier.… read full answer
To be clear, the best high end credit cards aren't necessarily the most exclusive credit cards. Being hard to get does not automatically make a card one of the highest end options. But a stellar credit profile still is required to be in the running for the highest end credit cards.
The difference is that qualified applicants who get approved for one of the highest end credit cards will find themselves with credit limits, benefits, and rewards that are far superior to what's available from a regular, everyday credit card. In other words, the highest end credit cards are at the intersection of the best credit card offers on the market and the most prestigious options.
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