The Exclusivity and Costs of the Amex Centurion Card

Reported 18 days ago

The American Express Centurion Card, often referred to as the Black Card, is one of the most exclusive credit cards available; however, it comes with exorbitant fees and stringent requirements. An invitation is required to apply, which generally necessitates an annual spending of $200,000 to $1 million on American Express cards and a high credit score. The card charges a $10,000 initiation fee and a $5,000 annual fee, providing limited rewards points and several luxurious perks, mainly suited for high spenders who travel frequently. Despite its plush benefits, many may find the costs and exclusivity outweigh the advantages.

Source: YAHOO

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