What Is an American Express Black Credit Card?

In the credit card world, the color of your card is an indication of power---credit power that is! For American Express the most powerful color is black, with a hint of intrigue, as this is an "invitation only" card.

Definition

American Express generally offers three types of cards---green, gold and platinum---and each have particular fees and benefits. But a fourth card called the Centurion card is special, and is commonly known as the black card.

History

The black card was introduced in 1999. The American Express website does not provide any details, except to say it is by invitation only.

What is Different?

The black card offers a high (some report almost unlimited) credit limit. Holders receive special concierge and travel agent services, as well as deals with airlines, hotels and other travel providers.

Requirements

Holders must pay an initiation fee of $5,000 and an annual fee of $2,500. Annual charges to the card must be at least $250,000, and the holder must have an excellent, unblemished credit history.

How to Get One

First, you must be a current platinum card holder and charge (and pay) up to the lower limits of a Centurion card, or $250,000 annually. Then, you must just wait for American Express to offer you one.

References

• Black card benefits
• American Express Cards