Ever heard of a black card? Maybe in movies or on social media, you often see people showing off this black credit card. But what exactly is a black card, and why do many people say this card is only for super-rich people? If you're curious, let's check out the full explanation of this card, which has various exclusive benefits!

What is a black card?

A black card is an exclusive credit card generally only available to people with very high incomes or special social status. This card offers various premium benefits that cannot be found on regular credit cards. One of the most famous is the American Express Centurion Card, often referred to as the "black card" in society.

Unlike most credit cards, not just anyone can get a black card. Usually, banks or card-issuing institutions will invite potential cardholders based on certain criteria, such as a very high annual income and an excellent financial history.

Benefits of having a black card

1. Exclusive and personal facilities

Black cardholders often receive personal concierge services, which are personal assistant services that can help arrange travel, make restaurant reservations, or fulfill other special requests at any time.

2. Access to premium places

Cardholders also get access to various premium places, such as VIP airport lounges, luxury restaurants, and exclusive events not open to the public.

3. Big reward points and cashback

Some black cards offer very large reward points or cashback for every transaction. These points can be exchanged for various prizes or other benefits.

4. No credit limit

Black cards usually do not have a fixed credit limit, allowing cardholders to make large transactions without worrying about reaching the credit limit.

5. Insurance protection and additional services

Black cardholders often receive insurance protection for travel, purchases, or health protection, which provides greater peace of mind when traveling or transacting.

How to get a black card?

Getting a black card is not as easy as applying for a regular credit card. Usually, banks will invite potential cardholders after assessing factors such as:

• Very high annual income (usually starting from several million dollars per year).
• Large annual spending with an excellent credit history.
• Recommendations from other customers who are already black card members.

Because this card is exclusive, many people can only dream of owning one, but there are several ways to get closer to this goal, such as having a stable income and building an excellent financial reputation.

Although it looks attractive and full of benefits, owning a black card comes with great responsibility. You must be able to manage your finances wisely to take advantage of all the facilities and benefits provided.

FAQ: What Is a Black Card?

1. What is a black card?

A black card is an exclusive credit card given only to people with very high incomes and special social status.

2. What are the benefits of having a black card?

Some benefits include access to concierge services, premium places, big reward points, no credit limit, and insurance protection.

3. Who can get a black card?

Black cards are usually only given to individuals with very high annual incomes and excellent financial histories.

4. How do you get a black card?

To get a black card, you usually have to be invited by a bank or card-issuing institution after meeting very good income and credit history requirements.

5. Do all banks offer black cards?

Not all banks offer black cards, but some major banks, like American Express, offer this type of card with various exclusive benefits.