American Expresss Centurion Black Card?

Question

Hey everyone,
Does anyone know specifically the criteria to aquire a Black Card? Please, I'm looking for a specific answer that you know is correct. I don't want a speculated answer. I have done extensive research on the web and now I'm looking for answers that people know are 100% certain. Thanks!

Answer 1

The Centurion Card, popularly known as the Black Card, is American Express's most exclusive charge card. Urban legends of a special, black-colored card offering dignitaries and celebrities unlimited spending power and after-hours access to high-end stores circulated in the 1980s. [1] While the rumors were false, American Express decided to capitalize on them by launching the Centurion Card in October 1999 to selected holders of Platinum Cards, with an annual fee originally at $1,000.

The card is available only by invitation and, as of January 1, 2006, requires minimum annual spending of $250,000 on another American Express card and exceptional credit history among other requirements. Certain requirements have been known to be waived for major celebrities and business figures. As of 2006 the annual cardholder fee was $2,500 and it is estimated that there are fewer than 10,000 cards issued worldwide. The card offers numerous exclusive privileges, including complimentary companion airline tickets on trans-Atlantic flights, personal shoppers at retailers such as Escada, Gucci and Saks Fifth Avenue, access to airport clubs, first class flight upgrades, membership in Sony's Cierge personal shopping program, and dozens of other elite club memberships. Centurion membership also includes personal services including a personal concierge and travel agent. The program offers many hotel benefits, including a free one-night's stay in every Mandarin Oriental hotel worldwide once a year.

The benefits mentioned above are for United States-issued cards. American Express Centurion cards issued in other countries may include different and sometimes lesser benefits reflecting their specific markets. Cardholders have claimed to use the card for things that most would find difficult to believe.

The card is available both as a personal and a business card. A new Centurion card crafted from anodized titanium [2] is being issued as a replacement for all U.S. Centurion plastic cards in the first half of 2006. Centurion members in other countries have previously received this titanium card.

American Express has removed certain benefits from the card in the years since it was introduced. For example, Hyatt Diamond Elite status was included up until January 2005, and Starwood Preferred Guest Platinum status was included up until January 2006.

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Black Card Popularity
The Centurion card was the first "Black Card", but others are attempting to enter this lucrative high-end market. NatWest bank also launched a "Black Card" in 2002 and MasterCard's Signia, which is issued in the United Kingdom only by Coutts & Co bank, provides similar benefits to its wealthy clientele. In Singapore, Hong Kong, and India, Citibank has launched a premium Black Card called the Ultima that nearly rivals the Centurion Card in terms of features and benefits. It is available only by invitation and offers benefits such as preferential access to private holiday islands.

Answer 2

There's some true to what the first answer stated. But not everything is accurate.

The card is by invitation only, but the member does not need to have perfect credit or even credit at all. One example of this is actress and singer Lindsay Lohan who didn't have a credit history well-established or wasn't even an American Express cardholder when she was accepted for this card 2-years ago.

American Express criteria for this card is based solely on financial status. Most celebrities have this card. But a few affluent individuals from the private and/or corporate sectors do. The card carries an annual fee or $50,000.

As others stated, Black Card members do need to maintain a minimum of $250,000 in net purchases annually in order to keep the membership status. There's no pre-set spending limit on this credit card.

Answer 3

well, as you may know, American Express only offers its centurion card to very very wealthy people. There are around 10,000 centurion cards issued worldwide. And one of the requirement for this exclusive offer is that you must spend at least a minimum annual spending of $250,000 on another American Express card. You also need to have exceptionally good credit history. And the rest I guess, its up to the people of American Express to judge which of their customers deserve this luxurious card.