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 Amex Black Card is officially called the Centurion® Card from American Express, and it is reportedly reserved for customers who charge hundreds of thousands of dollars per year to other Amex cards.
How to Get a Black Card
Open an American Express credit card account. American Express only extends invitations for the Black Card to existing members, so you’ll have to be an Amex cardmember to enter the candidate pool. There are several American Express credit card offers you can apply for right now.
Spend and pay off large amounts on your Amex card. American Express does not publicly disclose the spending requirements for earning a Black Card invitation. However, online rumors suggest you would have to charge over $250,000 per year to your Amex card to be considered.
Request an invitation. As an Amex cardmember, you can ask to be considered for a Black Card invitation online. You will only need to give your full name, as well as your American Express credit card number and 4-digit security code.
Apart from the Centurion® Card from American Express, several issuers offer “black cards” that are open for applications. While none of them are as iconic as the Amex Black Card, some of them offer attractive rewards and benefits.
If you’re on the hunt for a prestigious credit card that you can apply for right now, you can check out the most exclusive credit cards in circulation on WalletHub.
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 Centurion® Card from American Express, formally - is a "no preset spending limit” (NPSL) card.
When invite-only cards aren’t a good option, some millionaires choose premium travel rewards cards such as American Express Platinum card and Chase Sapphire Reserve. People with good-to-excellent credit who are approved for either card can expect lucrative bonuses, generous rewards on purchases, and other perks that will more than offset their hefty annual fees. American Express Platinum card charges $695 a year to own, and the Chase Sapphire Reserve likewise carries a big price tag with its $550 annual fee.
Millionaire business owners may also get good use from a business credit card such as American Express Business Platinum card, a top choice for frequent travelers who don’t mind shelling out $695 a year for all the high-end perks the card offers. Chase Ink Preferred is another attractive option for business owners with seven-figure incomes, as the card offers stellar rewards on business-related purchases and a significantly lower annual fee ($95) than American Express Business Platinum card.
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