American Express Black Card Limit. A Credit Card will have a set Credit limit A Charge Card comes with no preset spending limit1 which means your spending limit can vary depending on a variety of factors You’ll also be required to pay the full closing balance on your Charge card every month creditknowhowOpening in new window Learn the difference.
The American Express Centurion card nicknamed the “Black Card” is invitation only While it’s rumored that only Platinum Amex members would have the credit lines available to push spending to the limits of qualifying the purported $250000 a year in purchases and payoffs required can likely come from any qualifying card.
What is the American Express Black Card Limit?
Though American Express “black card” holders could once have up to 99 authorized users share their account those golden days are over In a bid to make the card more exclusive cardholders are now limited to two authorized users per account Each authorized user will have the same annual fee.
How to Get a Black Card: American Express® Requirements
The American Express Black Card’s requirements are rumored to include being an Amex cardholder for at least a year spending over $100000 annually on American Express credit cards and annual income of at least $1 million You’ll probably need to have an excellent credit score too.
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There’s no credit limit The American Express Black Card doesn’t have a preset spending limit so cardholders can spend as much as they want every month But that’s only the case if they can afford it The Centurion® Card from American Express is a charge card so cardholders can’t carry a balance Whatever they spend must be paid back in full each month.