The Centurion Card from American Express offers white-glove service to a select, chosen few. Better known as the Black Card, you’ll need a personal invitation from AmEx to apply, and if approved, you’ll be on the hook for a one-time $10,000 initiation fee on top of a $5,000 annual fee. Terms apply.
The card is so exclusive that AmEx’s response — telling NerdWallet that it is their long-standing policy not to share details about Centurion Card membership — echoes the first rule of “Fight Club.” But we can share what we do know.
Tailored to those who value services and benefits over rewards, the Black Card will earn holders one Membership Rewards point per $1 spent on all purchases, with no bonus categories. There’s also no bonus offer — that we’re aware of — and the card is issued in both personal and business varieties. Terms apply.
Beyond travel benefits such as top-tier elite status with several partners, you’re signing up for prestige. So imagine the admiration when…
This article was written by Craig Joseph and originally published on www.nerdwallet.com