Chip Lupo, Credit Card Writer
@CLoop
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. If you’re invited to apply and you get approved for the Centurion® Card from American Express, you will have to pay a $10,000 initiation fee and a $5,000 annual fee.
It’s important to note that while the term “black card” generally refers to the Centurion® Card from American Express, there are other black cards such as the Mastercard® Black Card that are designed to compete with the Amex black card. However, the Mastercard® Black Card and other would-be competitors fall short in terms of exclusivity and prestige. They are much easier to get, featuring standard credit card requirements like simply being able to afford the monthly bill payments.
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People also ask
How do I get an American Express Black Card?
To get a Black Card from American Express, you must receive an invitation to apply, get approved, and pay the $10,000 initiation fee. Amex customers may call customer service and request an invitation for the Black Card, though there is no guarantee you’ll receive an invitation to apply. The Amex Black Card is officially called the Centurion® Card from American Express, and it is reportedly reserved for customers with excellent credit who charge hundreds of thousands of dollars per year...
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