Maria Adams, Credit Cards Moderator
@m_adams
One of the most powerful credit cards is the Centurion® Card from American Express. Known simply as the "Black Card," it is the most exclusive, prestigious credit card. You need an invitation to get the Centurion® Card from American Express. Also, reportedly, you need to charge several thousands of dollars to your Amex card per year to even be eligible. This card offers 1.5 - 5% cash back on purchases.
But there are several other powerful credit cards to choose from. The best among them come with high initial bonuses, bonus rewards in major spending categories, and elite benefits like airport lounge access. A good example is the Capital One Venture X Rewards Credit Card which offers an initial bonus of 75,000 miles for spending $4,000 in the first 3 months. On top of that, you’ll get 2 - 10 miles per $1 spent on purchasses.
Most Powerful Credit Cards
- Most Prestigious: Centurion® Card from American ExpressCenturion® Card from American ExpressLearn MoreLearn More
- High Rewards Rate: Capital One Venture X Rewards Credit CardCapital One Venture X Rewards Credit CardLearn MoreLearn More
- Rates & FeesTerms ApplyElite Travel Perks: The Platinum Card® from American ExpressThe Platinum Card® from American ExpressLearn MoreLearn Moreon issuer's website
- Bonus Rewards: Chase Sapphire Preferred® CardChase Sapphire Preferred® CardLearn MoreLearn Moreon issuer's website
- Dining & Entertainment Capital One Savor Cash Rewards Credit CardCapital One Savor Cash Rewards Credit CardLearn MoreLearn More
The key to finding the most powerful credit card is to determine which features are most important to you. You can check our editors’ latest picks for the best premium credit cards on the market to weigh your options.
2023's Best Credit Cards
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What credit card do millionaires use?
Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting. For example, in the case of the Amex Centurion Card – also known as “the Black Card” – you reportedly need to charge at least $100,000 across Amex credit cards every year to even qualify for an invite. The Platinum Card® from American Express is another exclusive credit card that...
read full answerIs there anything higher than a black card?
No, there aren’t any credit cards higher than the “Amex Black Card.” Officially called the Centurion® Card from American Express, the Amex Black Card is far and away the most exclusive, prestigious credit card on the market.
Why There Are No Cards Higher Than the Black Card
An invitation is required just to apply for the Amex Black Card, and you’ll reportedly have to meet very strict requirements in order to receive an invitation. In particular, you...
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