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What is the most prestigious credit card?

The American Express Centurion sets the benchmark for elite and luxurious cards.

Also known as the Black Card, this exclusive product has served the highest tier of American Express cardholders since 1999. Named after the iconic American Express centurion logo, this card is traditionally made of titanium and issued by invitation to the wealthiest American Express Platinum cardholders.

The American Express Centurion is so exclusive that none of this information is actually published on the company’s website. But rumour has it you have to spend US$250,000 a year on your Platinum Amex card before you’ll be eligible to receive an elusive Black Card invitation. Several years ago it was also reported that Centurion cardholders had average annual household incomes of approximately $1.3 million and net worths of about $16 million – figures which have probably increased by now.

Features of the Amex Centurion credit card

If you’re aiming for one of these prestigious credit cards, here’s what you need to know about it:

  • Invitation-only. Despite the mystery shrouding the Black Card, one thing is for sure – you can only get one of these by invitation from American Express. You’d usually also have to already hold an American Express Platinum card with a proven high annual expenditure.
  • Establishment fee. This varies depending on the country of issue, but in America your one-time initiation fee is currently US$7,500. It is also rumoured to be the same in Australia.
  • Annual fee. Similarly, this fee will vary depending on your country of issue. It is currently reported to be US$2,500 in America and AUD$5,000 in Australia.
  • Titanium card. Crafted out of anodised titanium, the Black Card is laser-etched with your account information. A plastic version of the card is also issued in some countries, for the sake of convenience.
  • Charge card. The Black Card is technically a charge card, not a credit card. This means that you are not charged an interest rate on purchases and are required to repay your full balance by the due date on each statement. If you don’t, you could be charged a late fee or have the card suspended.
  • No spending limit. Since it’s a charge card, there is no stated credit limit on the Black Card, although American Express commonly practises allocating a “spend ceiling” on your card based on past spending and repayment patterns.
  • Travel benefits. The Amex Centurion gives you access to premium airport lounges and clubs worldwide, complimentary companion airline tickets on select airlines, flight upgrades and travel insurance covers.
  • Hotel benefits. This card also offers hotel upgrades and free additional nights at participating hotel chains globally.
  • Rental cars and other driving perks. Limousines, luxury sports cars and Formula One rides are all accessible rentals to the Black Card holder.
  • Shopping benefits. The Amex Centurion entitles you to your own personal shopper, exclusive luxury brand sales, advance tickets to exclusive events, and VIP access to practically anything money can buy.
  • 24/7 concierge. Possibly the most celebrated perk of the card, you’ll also have 24/7 personal concierge services for almost anything you want, including getting you a table at the most chic booked-out restaurants, arranging your last-minute travel itinerary, or buying your kid the perfect pet – whatever you need done.

Prestigious credit cards in Australia

Rates last updated October 16th, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
American Express Platinum Card
80,000 bonus points
Membership Rewards Ascent Premium
1
$1,450 p.a.
Annual $450 Platinum Travel Credit, 80,000 bonus Membership Rewards points and access to more than 1,200 VIP lounges worldwide.
ANZ Rewards Black Credit Card
75,000 bonus points
ANZ Rewards Program
2
18.79% p.a.
$375 p.a.
Receive 75,000 bonus Reward Points and $100 back onto your card after your first eligible purchase within 3 months, plus, lounge passes.
Citi Prestige Card
400,000 bonus points
Citi Rewards Program
3
20.99% p.a.
$700 p.a.
Earn 20,000 monthly bonus points for 20 months (400,000 total). Plus, unlimited airport lounge access and free hotel stays.

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The top 5 most prestigious credit cards in the world

businessCCtieFrom gold plating to pure gold, rare metals to solitaire diamonds, there is a select group of credit cards that offer both luxury and extravagance. Based on exclusivity, perks and status, these prestige credit cards are top of our list:

  1. American Express Centurion. This Amex card is widely-acknowledged as the first, and most prestigious, invitation-only black card in the world.
  2. JPMorgan Chase Palladium. Made of metal, palladium and 24K gold, this card is also issued by invitation alone to JPMorgan’s private banking wealth management and investment banking clients with investments of at least US$30million.
  3. Dubai First Royale Mastercard. Trimmed with gold and embedded with a .235-carat solitaire diamond, this card is only offered to royalty and ultra-millionaires in the UAE.
  4. Coutts World Silk Card. This tastefully unembellished card is only available to UK private bank Coutts clients only.
  5. Sberbank Visa Infinite Gold Card. This card is made of gold and is adorned with .17 carats worth of diamonds – and that’s before you get to any of the privileges and perks that come with it. With a reported upfront cost of US$100,000 (approximately AUD$132,600), Kazakhstan’s Sberbank has only issued it to 100 of its top clients.

Prestige credit cards in Australia

While credit cards are often used for everyday spending, they can also be a visible symbol of status and distinction. Remember, though, that is prestige can come at a cost – usually in the form of high annual fees.

Compare other prestigious credit cards

Rates last updated October 16th, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Velocity Frequent Flyer
0.66
0% p.a. for 14 months (reverts to 20.74% p.a.)
$129 p.a.
Enjoy 0% p.a. interest on purchases for 14 months. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Citi Rewards Platinum Credit Card - Online Offer
Citi Rewards Program
1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 24 month balance transfer offer, plus complimentary international travel insurance.
Bankwest Breeze Platinum Mastercard
0% p.a. for 13 months (reverts to 12.99% p.a.)
$99 p.a.
Receive a 0% p.a. interest rate on purchases and balance transfers for 13 months, complimentary travel insurance and 0% foreign transaction fees.
HSBC Platinum Credit Card
HSBC Rewards Plus
1
19.99% p.a.
$129 p.a.
Offers a 0% p.a. for 22 months balance transfer and an annual fee refund each year when you spend $6,000. Plus, 2 airport lounge passes every year.
ANZ Platinum Credit Card
19.74% p.a.
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
Receive a 0% p.a. for 18 month balance transfer offer and a $0 first year annual fee. Plus, complimentary overseas travel and medical insurance.
American Express Velocity Platinum Card
75,000 bonus points
Velocity Frequent Flyer
1.5
20.74% p.a.
$375 p.a.
Receive 75,000 bonus Velocity Points when you spend $3,000 within the first 3 months. Plus, Status Credits & lounge passes.
Westpac Altitude Platinum Card - Qantas
60,000 bonus points
Qantas Frequent Flyer
0.5
20.24% p.a.
$50 p.a. annual fee for the first year ($200 p.a. thereafter)
Earn 60,000 bonus Qantas Points when you spend $3,000 within 90 days of card approval. Plus, a $50 first year annual fee.
St.George Amplify Signature - Qantas
80,000 bonus points
Qantas Frequent Flyer
0.75
19.49% p.a.
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Enjoy 80,000 bonus Qantas Points when you spend $4,000 within 90 days and 2 complimentary Qantas Club lounge invitations per year.
Virgin Australia Velocity Flyer Card - Bonus Points Offer
60,000 bonus points
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Earn up to 60,000 bonus points in the first 3 months with a $64 first year annual fee. Plus, the chance to win 1 million Velocity Points.
HSBC Platinum Qantas Credit Card
60,000 bonus points
Qantas Frequent Flyer
1
19.99% p.a.
$199 p.a.
Receive 60,000 bonus Qantas Points when you spend $3,000 within 3 months of card approval, plus enjoy complimentary travel insurance.
Citi Platinum Credit Card
200,000 bonus points
Citi Rewards Program
1
20.99% p.a.
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 10,000 monthly bonus reward Points for 20 months (200,000 total), enjoy a 0% p.a. balance transfer offer, plus, a $49 first year annual fee.
Bankwest Zero Platinum Mastercard
17.99% p.a.
$0 p.a.
Offers a $0 annual fee, 0% foreign transaction fees, complimentary international travel insurance and a balance transfer offer.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Velocity Frequent Flyer
0.66
20.74% p.a.
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with $64 first year annual fee and 0% p.a. balance transfer offer. Plus, the chance to earn 1 million Velocity Points. Ends 31 Oct 2018.
Qantas Premier Platinum
60,000 bonus points
Qantas Frequent Flyer
1
19.99% p.a.
$299 p.a.
Get 60,000 bonus Qantas points and a $300 Qantas Flight Voucher when you spend $4,000 in 90 days. Plus, complimentary lounge passes.
Bendigo Bank Platinum Rewards Mastercard
Bendigo Rewards
1.5
19.99% p.a.
$89 p.a.
Earn 1.5 Bendigo Rewards points per $1 spent. Receive complimentary insurance covers, plus, access to Mastercard Priceless Cities.
St.George Amplify Platinum
50,000 bonus points
Amplify Rewards
1
19.49% p.a.
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Receive 50,000 bonus Amplify Points when you spend $2,000 within 90 days and save with a $0 annual fee for the first year.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
1.5
20.74% p.a.
$450 p.a.
Receive 55,000 bonus Qantas Points, a $450 Qantas Travel Credit each year and 2 complimentary Qantas Club lounge invitations per year.
Bendigo Bank Low Rate Platinum Mastercard
11.99% p.a.
$89 p.a.
Offers premium features such as mobile phone and tablet insurance and purchase protections, plus, up to 55 days interest-free on purchases.

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Compare more Platinum credit cards here
Rates last updated October 16th, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
Qantas American Express Premium Card
30,000 bonus points
Qantas Frequent Flyer
1.25
20.74% p.a.
$249 p.a.
Enjoy 30,000 bonus Qantas Points, 2 complimentary Qantas Club lounge invitations per year and the protection of complimentary insurance covers.
American Express Gold Business Card
Membership Rewards Ascent
1
$169 p.a.
Take advantage of a no pre-set spending limit, data that feeds to MYOB and up to 51 days interest-free on purchases.

Compare up to 4 providers

Compare more Gold credit cards here
Rates last updated October 16th, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
American Express Explorer Credit Card
50,000 bonus points
Membership Rewards Gateway
2
20.74% p.a.
$395 p.a.
Get 50,000 bonus Membership Rewards points, a yearly $400 Travel Credit and 2 entries per year to the American Express Lounge.
St.George Amplify Signature - Qantas
80,000 bonus points
Qantas Frequent Flyer
0.75
19.49% p.a.
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Enjoy 80,000 bonus Qantas Points when you spend $4,000 within 90 days and 2 complimentary Qantas Club lounge invitations per year.
Qantas American Express Ultimate Card
55,000 bonus points
Qantas Frequent Flyer
1.5
20.74% p.a.
$450 p.a.
Receive 55,000 bonus Qantas Points, a $450 Qantas Travel Credit each year and 2 complimentary Qantas Club lounge invitations per year.
Citi Prestige Card
400,000 bonus points
Citi Rewards Program
3
20.99% p.a.
$700 p.a.
Earn 20,000 monthly bonus points for 20 months (400,000 total). Plus, unlimited airport lounge access and free hotel stays.
Westpac Altitude Black - Qantas
80,000 bonus points
Qantas Frequent Flyer
0.75
20.24% p.a.
$300 p.a.
Earn 80,000 bonus Qantas Points when you spend $3,000 on eligible purchases. Plus, 2 yearly Qantas Club lounge invitations.
Westpac Altitude Black
80,000 bonus points
Westpac Altitude Rewards
1.25
20.24% p.a.
$250 p.a.
Earn 80,000 bonus Altitude Points when you spend $3,000 on eligible purchases. Plus, 2 yearly Priority Pass lounge invitations.
American Express Westpac Altitude Black Bundle - Qantas
120,000 bonus points
Qantas Frequent Flyer
1.25
0.75
20.24% p.a.
$300 p.a. annual fee for the first year ($499 p.a. thereafter)
Score up to 120,000 bonus Qantas Points when you meet the T&C with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex).
American Express Westpac Altitude Black Bundle
120,000 bonus points
Westpac Altitude Rewards
3
1.25
20.24% p.a.
$250 p.a. annual fee for the first year ($449 p.a. thereafter)
Earn up to 120,000 bonus Altitude Points when you meet the T&C with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex).
Bankwest More World Mastercard
115,000 bonus points
Bankwest More Rewards Program
2.5
19.99% p.a.
$270 p.a.
Earn 115,000 bonus points when you meet the spend requirement, receive complimentary travel insurance and a LoungeKey membership.

Compare up to 4 providers

Compare more Black credit cards here
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Important Information*
Qantas Premier Everyday

Interest rate

19.99

Annual fee

0*

*$49 p.a. after first year

Westpac Low Rate Card

Interest rate

13.49

Annual fee

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*$59 p.a. after first year

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Interest rate

12.49

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58

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6 Responses

  1. Default Gravatar
    EranOctober 21, 2015

    Hi! I have a black card with Westpac.

    I was wondering if they also do a metal/steel version of the card ?

    Their plastic black are very bad quality

    • finder Customer Care
      AllyOctober 22, 2015Staff

      Hi Eran,

      Thanks for your inquiry.

      For a list of Black credit cards, kindly refer to this page.

      Cheers,
      Ally

  2. Default Gravatar
    TomMarch 19, 2015

    Is it possible to get the visa black, or any other metal credit card in Australia besides the centurion?

    • finder Customer Care
      JonathanMarch 20, 2015Staff

      Hi Tom, thanks for your inquiry!

      For a list of Black credit cards please see this page.

      Cheers,

      Jonathan

    • Default Gravatar
      March 20, 2015

      Thanks Jonathan,

      I have the Citi bank – visa infinite card but was wondering if there are any metal credit cards, besides the centurion available in Australia.

    • finder Customer Care
      JonathanMarch 20, 2015Staff

      Hi Tom, thanks for your response.

      Please see this page for other metal credit cards.

      Cheers,

      Jonathan

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