The most prestigious credit cards are the Amex Centurion Card, the J.P. Morgan Reserve Card, and the Citi Chairman Card because all 3 cards are invitation-only. In addition, all 3 cards require applicants to meet high income and/or spending standards for approval.
Most Exclusive Credit Cards
American Express Centurion Credit Card (Amex Black Card): Most Prestigious Overall
J.P. Morgan Reserve Credit Card (formerly Chase Palladium Card): Best for Banking Clients
Citi Chairman Credit Card: Best for Special Benefits
If you’re looking for a prestigious credit card, but you don’t quite qualify for an invitation from any of these 3 ultra-exclusive credit cards, don’t worry. You might get a better - and less expensive - credit card experience with a normal rewards credit card. Or, a good travel credit card might fit your lifestyle. The best credit cards don’t usually require a million-dollar income or private banking clout, and they still deliver plenty of great perks.
The Mastercard Black Card’s credit limit could be $5,000 to $25,000, based on user reports. Given that the Mastercard Black Card is advertised as a “luxury” card and charges an annual fee of $495, applicants may assume it will have a high limit.… read full answer
The Amex Centurion card is an extremely exclusive card available only through invitation to high-income, high-spending Amex clients. The Centurion card has no preset spending limit, which means that the amount you can spend can change each month based on how much you choose to spend, your credit, your income and more.
A black credit card is an exclusive, invitation-only credit card issued by American Express. The so-called Amex black card is more formally known as the Centurion® Card from American Express, and it has become a status symbol in pop culture
Amex does not disclose requirements for the Black Card, but online reports say you have to spend at least $250,000 a year on an Amex card to merit consideration for an invitation. The Centurion® Card from American Express also requires a $10,000 initiation fee and a $5000 annual fee. And its main perks, aside from the prestige, appear to be hotel benefits, … read full answerCenturion Lounges, Delta Platinum status and a do-anything, round-the-clock personal concierge.
But if you’re looking for a black card that you can actually apply for, there are some alternatives. They won’t carry the same social weight, but their fees aren’t as astronomical, either.
Here are some notable black credit cards:
Mastercard® Black Card: The annual fee is $495. You get 1 point per $1 on all purchases. You can redeem points for airfare at a value of 2 cents per point, and for cash back at 1.5 cents per point. You’ll also get a $100 annual travel credit, 24/7 concierge to assist you with travel needs, and a $100 credit to cover the cost of applying for Global Entry. You need good credit or better.
Marriott Bonvoy Brilliant™ American Express® Card: This black-in-color credit card has a $450 annual fee. It gives you 75,000 points for spending $3,000 in the first 3 months and up to $200 in statement credits for purchases at U.S. restaurants in the first 6 months, plus a free night every year on your account anniversary. You also get 6 points / $1 spent at hotel participating in the Marriott Bonvoy program and up to $300 in statement credits each year for eligible purchases at participating hotels in the Bonvoy program.
Centurion® Card from American Express: This invite-only card is apparently reserved for Amex cardholders who spend at least $250,000 a year. The annual fee is $5000 and there’s a $10,000 initiation fee as well. Access to Centurion Lounges, hotel benefits, Delta Platinum status, personal concierge and 1 point per $1 in Membership Rewards.
A black credit will always have a certain amount of mystique because of the secrecy and exclusivity of the Centurion® Card from American Express. But you can’t just apply for the real thing, and most of us don’t spend enough to qualify, anyway. Plus, it doesn’t really matter what color your credit card is, as long as it offers good terms. So you’re probably better off with a regular rewards card like Chase Sapphire Preferred® Card, Citi® Double Cash Card – 18 month BT offer or Capital One Venture Rewards Credit Card. Some credit card companies, including Wells Fargo, also let you customize your card’s appearance. So you can turn lots of credit cards into black cards if you want.
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