Why is the Amex Black Card so special?

The privileges of a black card include upgrades and special permissions for rental cars and access to some of the most breathtaking hotel suites in hard-to-reach destinations. Black cards also offer dedicated concierge services, and some are even rumored to provide charter jet service.

Who gets invited to Amex Black Card?

Make at Least $250,000 in Purchases on Your Amex Cards

Although Amex doesn't publish a spending threshold to get invited, a solid rule of thumb is that you need to make at least $250,000 in annual purchases across all of your Amex cards.

What is the hardest black card to get?

Centurion® Card from American Express

Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

Who qualifies for a black American Express?

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.

Does Amex Black Card have a limit?

There's no credit limit

The American Express Black Card doesn't have a pre-set spending limit, so cardholders can spend as much as they want every month. But that's only the case if they can afford it. The Centurion® Card from American Express is a charge card, so cardholders can't carry a balance.

How To Get the Amex Centurion Card (Black Card) [2023]

What credit cards do billionaires use?

The credit card billionaires are most likely to use is the Centurion® Card from American Express, also known as the Amex Black Card, which has unique benefits and is reserved for high-net-worth individuals. Some of the rich and famous people rumored to have the card include Jerry Seinfeld and Halle Berry.

What is the highest Amex card?

The highest level American Express card is the Centurion card, which is also known as the 'black card.

Why do rich people use Amex?

It offers access to Centurion Lounges, hotel benefits, Delta Medallion status, and personal concierge. Plus, you can earn 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.

Can you buy a car with Amex?

Cardholders of The Platinum Card® from American Express (another high credit limit card), or any other type of Amex members, can try using the American Express Auto Purchasing Program, which connects you to dealers who accept American Express and let you charge $2,000 or more toward a car purchase on your Amex card.

Can a regular person get a black card?

Although Amex doesn't publish requirements for the card—or its perks, for that matter—it typically extends black card invitations only to high earners who have spent and paid off between $350,000 and $500,000 across all of their American Express accounts in a calendar year.

What black card does rich people use?

The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

Does a black card mean you're rich?

'Black credit card' is the catch-all term usually used to describe the most exclusive credit cards available to the wealthiest individuals. They are given out by banks to high-earning, big-spending customers and offer impressive perks and very high or unlimited credit.

What are the cons of a black card?

What card are better than an Amex Black Card?

Well, the verdict is in! The Centurion card beats out the Mastercard Black card in terms of rewards, benefits, and features. The major drawback of the Centurion card is its $10,000 initiation fee and $5,000 annual fee (plus $5,000 annually for each authorized user).

What is the easiest black card to get?

What if you can't qualify? Most of us won't be able to qualify for the Centurion card, but there are some alternatives. For starters, Visa has its Black Card, which is significantly easier to obtain.

Can I ask Amex for a black card?

The Centurion Card, or the “Amex Black Card,” is still invite-only, but in late 2021, the Amex Centurion website began allowing existing Amex cardholders who are interested in Centurion membership to request consideration by filling out a short online form.

Does Walmart not accept Amex?

Walmart accepts all valid American Express cards as payment, including credit cards, debit cards, and gift cards. Not only does Walmart accept American Express gift cards–they also sell them.

Where Amex is not accepted?

Countries Where American Express is Accepted Most: Canada, Australia, UK, India, Singapore. Places Where American Express is Not Accepted: Cuba, Sudan, South Sudan, Iran, Syria.

Does Apple not accept Amex?

Credit cards accepted

In the U.S., we accept: American Express. Discover. MasterCard.

Is Amex worth the hype?

Yes, an American Express card is worth it for people with good or excellent credit scores who want to earn rewards on U.S. purchases that they'll pay for in full by the due date every month. An Amex card may also be worth it for people who want an introductory low-interest period in addition to rewards.

How much are 125000 Amex points worth?

We generally value Membership Rewards points at about 2.2 cents per point, which means that a 100,000 Membership Rewards points bonus offer is worth ~$2,200, a 125,000-point bonus is worth ~$2,750, and a 150,000-point bonus is worth $3,300.

Which credit card has the highest limit?

On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.

How much is 100k Amex worth?

100,000 points are worth $2,200 per our valuations, and you can use them in a variety of different ways. Think international business class, free domestic airfare, and stays in luxurious hotel suites.

Is Amex a luxury card?

But luxury comes at a cost, and Chase Sapphire Reserve® charges a $550 annual fee. The Platinum Card® from American Express, though, is the most popular luxury card on the market. This is a very good card for high-spending frequent travelers.

How much is 150k Amex worth?

We generally value Membership Rewards points at about 2.2 cents per point, which means that a 100,000-point bonus offer is worth ~$2,200, a 125,000-point bonus is worth ~$2,750, and a 150,000-point bonus is worth $3,300.