American Express Black Card Requirements

American Express Black Card Requirements
An American Express Black card has no spending limits.

American Express Platinum Cardholder

For American Express to consider someone as a Centurion cardholder, that person must already be an American Express Platinum cardholder for at least a year and have spent $250,000 or more during that time. This is a minimum requirement for accessing the plethora of privileges and benefits that being a Centurion cardholder entails.

Substantial Net Worth

While the exact net worth requirements are kept unpublished by American Express, it generally has been believed that cardholders must have a net worth of at least $100,000. Pop singer Beyonce Knowles and comedian Jerry Seinfeld are among the celebrities who are known Centurion cardholders, both of whom have a net worth well into the millions. Additionally, potential Centurion cardholders must have a near impeccable credit history

Pay an Initiation Fee and Annual Fee

There is an initiation fee of $5,000 and an annual fee of $2,500 for all Centurion cardholders, all due at the end of the first billing period. Because the Centurion Card is a charge card rather than a credit card, each month's balance is due at the end of the monthly billing period and is not revolving.