1. American Express Centurion
American Express Centurion card, also dubbed “The Black Card,” is the most well-known exclusive credit card out there. With a $5,000 one-time initiation fee and $2,500 annual fee, you’ll need deep pockets for the privilege of having this card. Cardmembers have no preset spending limit.
The card itself is made of titanium that is noticeably different from the plastic used in most credit cards. Flash a Centurion card at the counter and watch the store cashier’s eyes light up.
Cardmembers must be invited to apply for the Centurion card and you’ll need to show that you have a six-figure annual spending rate ($250,000). Centurion cardmembers have been invited to get the card because they spent enough on their American Express Platinum Cards, which carry a lower annual fee of $450.
Recognized all around the world, the card’s features include a dedicated concierge, complimentary companion airline tickets, access to airports lounges, flight upgrades, complimentary hotel nights, personal shoppers at luxury retailers and much more. Centurion cardmembers have been known to shut down entire stores just so they can shop alone.