Q:

What are the requirements to get an American Express black credit card?

A:

Quick Answer

An American Express Black card requires members to have been active American Express cardholders for over a year and to charge at least $250,000 dollars per year to their cards. Officially known as the Centurion card, the black American Express is the company’s most elite charge card.

Continue Reading
What are the requirements to get an American Express black credit card?
Credit: Justin Sullivan Getty Images News Getty Images

Full Answer

The card is invitation-only, so the precise requirements for membership are not widely-known. However, it is estimated that users must charge at least $250,000 per year on their American Express cards to even be considered for a Centurion card. The average Black American Express cardholder boasts $16.3 million in assets and an annual income of $1.3 million. The card has no credit limit, so a strong credit report and a high credit score are requirements. The black card is actually a charge card, not a credit card, and its balance must be paid in full each month.

As of 2014, the Centurion card comes with an activation fee of $7,500 and an annual fee of $2,500. Along with the card’s steep fees come elite benefits. Centurion card holders have access to a 24-hour concierge service that can fulfill cardholders’ most extravagant requests, from private jets to front-row theater seats. Possession of a Centurion card also offers premium status at many of the world’s top hotels, auto rental agencies and airlines. Cardholders also maintain standing reservations at some of the most elite restaurants.

Learn more about Credit & Lending

Related Questions

Explore