The rarest credit card in the world is likely the Centurion® Card from American Express, also known as the “Black Card.” This card is available by invitation only, and you will reportedly need to spend at least $250,000 per year on other Amex credit cards and have an income of $1 million+ to get it.
The annual fee is also a staggering $5000, and there’s a one-time $10,000 initiation fee. Because of the strict requirements and high costs, the card is very rare and only in the wallets of very rich individuals.
Key Facts About the Centurion® Card from American Express
- Nickname: Black Card
- Availability: Invitation only
- Reported Requirements: Spend $250k on other Amex cards annually, have an income of at least $1 million and have excellent credit.
- Annual fee: $5000
- Initiation fee: $10,000
You can learn more about the most exclusive credit cards on WalletHub.
This answer was first published on 01/17/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
