The American Express Centurion Card, known informally as the Black Card, is an invitation-only charge card issued by American Express. An invitation is extended to Platinum Card holders after they meet certain spending, net worth, and credit quality minimums. The Centurion Card comes in personal and business variants.
Key Takeaways: There are around 20,000 Black cardholders in the U.S. This is a no-limit credit card. Cardholders are excepted on an 'invitation-only basis.
K-pop idols who own Black Card
Apart from Jungkook, only Jin in BTS holds the black card. Apart from them Blackpink Jennie, Bigbang's G-dragon, Taeyang, TXT Yeonjun, Sandara park and more have made it to the A list of Black card holders.
BTS Jin who was born in a rich family was always seen wearing luxurious clothes and cars. He also owns a black card. BIGBANG Taeyang, Suho from EXO, Taeyeon from Girl's generation and Sandara Park from 2NE1 also own a black card. What is Blackcard?
What Is the Spending Limit on the American Express Black Card? There is no spending limit with the Amex Black Card. However, balances must be paid off in full every month.
J-Hope. Jung Hoseok, better known as J-Hope, is the lead rapper and dancer of BTS and is the richest member with a net worth of around $24-26 million.
So what are the basic requirements for a black card? According to the same article, spending should be at least 10 million KRW, minimum assets of 10 billion KRW and the card holders should be making at least 200 million KRW a year!
Only millionaire K-idols can get their hands on these coveted status symbols, if at all. Various sources say these ultra-exclusive cards are only offered by invitation and are not available for order. They are famously known as the “limitless black card” because, as the name suggests, there is no upper spending limit.
The most prestigious credit cards are the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card, and the Citi Chairman Card because all 3 cards are invitation-only.
The main draw of the Mastercard® Black Card™ is its status symbol — the card is made from black PVD-coated metal and weighs in at a whopping 22 grams, heavier than the two aforementioned cards. The card also offers a few unique benefits, including access to private jets through TCS World Travel.
What are the American Express Black card income requirements? There is no official American Express Black card income requirement, but you must spend and pay off over $250,000 in a given year on an American Express Platinum Card to get an invitation.
'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.
Generally, a card issuer invites only their most loyal customers who spend upwards of six figures or more a year to become a black cardholder.
How much do you have to make to get Amex's black card? There aren't any income requirements per se, but you most likely need to be a high spender on your Amex cards. If you're in the ballpark of $250,000 to $500,000 in annual spending across all your open Amex cards, you may qualify for the Centurion card.
Gold credit cards are a step up from standard cards; platinum credit cards are typically above gold, and black credit cards sit at the top of the pack. This means the specific features and benefits vary based on whether a card is a gold, platinum or black option.
The black card is only offered to those with incredibly high net worth and have the most expensive annual fees with no limits on the card.
Being the second-richest BTS member, Suga has an estimated net worth of around USD 25 million, as per reports.
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.
The hardest Amex card to get is the Centurion® Card from American Express. Also known as the “Black Card,” this Amex card is hard to get because it is available by invitation only, and potential candidates are rumored to need an annual income of at least $1 million.
Black cards are a status symbol that are typically invite-only and reserved for big spenders who can afford to pay initiation fees and annual fees totaling thousands of dollars. But the invitation-only requirement has changed slightly for the oldest “black card” — the Centurion® Card from American Express.
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.