What is the most prestigious credit card?

Forget splashing your cash, credit cards are also often a visible symbol of status and distinction.

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Remember, though, that this prestige will come at a cost – usually in the form of high annual fees.

St.George Credit Card Offer

St.George Amplify Signature - Qantas

Receive 90,000 bonus
Qantas Points
Discounted first year annual fee

Offer ends 2 October 2019

Eligibility criteria, terms and conditions, fees and charges apply

St.George Credit Card Offer

Receive 90,000 bonus Qantas Points when you meet the spend requirement, a discounted first year annual fee and 2 complimentary Qantas Club lounge invitations per year.

  • $179 p.a. annual fee for the first year ($279 p.a. thereafter).
  • 19.74% p.a. on purchases
  • 0% p.a. for 6 months with 0% BT fee on balance transfers
  • Cash advance rate of 21.49% p.a.
  • Up to 55 days interest free
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The top 5 most prestigious credit cards in the world

From gold plating to solid 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. Made of titanium, 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 exclusively available to UK private bank Coutts clients.
  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, Kazakhstan's Sberbank has only issued it to 100 of its top clients.

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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 US$1.3 million and net worths of about US$16 million – figures which have likely increased since.

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 must be a high income, high net-worth individual and hold an American Express Platinum card with a proven high annual expenditure.
  • Fees. The Establishment Fee varies depending on the country of issue, but in America your one-time initiation fee is currently US$7,500. It is rumoured to be the same in Australia. The annual fee is currently reported to be US$2,500 in America and AUD$5,000 in Australia.
  • Titanium cards. Crafted out of anodised titanium metal, the Black Card is laser-etched with your account information. Amex issues the Centurion with two cards so business and personal expenses can be easily separated. A plastic version of the card is also issued in some countries, for the sake of convenience.
  • No limit charge card. The Black Card is technically a charge card, not a credit card. This means that you are not charged interest 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. There is no stated credit limit on the Black Card, although American Express will allocate a "spend ceiling" based on past spending and repayment patterns.
  • Dedicated relationship manager. 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.
  • 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. It also offers chauffeur limousine services for overseas flights and queue-skip privileges throughout the airport.
  • Automatic program upgrades. With the Amex Centurion, you are automatically upgraded and enrolled into the highest-tiers of hotel rewards programs (Shangri-La Diamond, Hilton Honors Diamond), car rentals (Hertz President's Circle, AVIS President's Club) and airline rewards (Emirates Gold, Qantas Club access, Priority Pass membership).
  • Hotel benefits. This card also offers hotel upgrades and free additional nights at participating hotel chains globally. Most enviously, it also offers 12pm check-in and 4pm check-out.
  • 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.

Compare prestigious credit cards in Australia

Rates last updated August 24th, 2019
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
St.George Amplify Signature - Qantas
90,000 bonus points
Qantas Frequent Flyer
19.74% p.a.
$179 p.a. annual fee for the first year ($279 p.a. thereafter)
Get 90,000 bonus Qantas Points when you spend $4,000 in 90 days and 2 complimentary Qantas Club lounge invitations per year.
Citi Prestige Card
150,000 bonus points
Citi Rewards Program
20.99% p.a.
$700 p.a.
Enjoy 150,000 bonus reward Points, unlimited airport lounge access, complimentary insurance covers and more.
American Express Platinum Card
150,000 bonus points
Membership Rewards Ascent Premium
$1,450 p.a.
Get up to 150,000 bonus points, a $450 annual Platinum Travel Credit, dedicated personal service and luxury travel perks.Ends 28 August 2019.
American Express Westpac Altitude Black Bundle - Qantas
120,000 bonus points
Qantas Frequent Flyer
20.24% p.a. (AMEX)

20.49% p.a. (Visa/MC)

$499 p.a.
Up to 120,000 bonus Qantas Points with Mastercard (issued by Westpac) & Amex (issued & serviced by Amex). T&Cs apply.
American Express Velocity Platinum Card
50,000 bonus points
Velocity Frequent Flyer
20.74% p.a.
$375 p.a.
Get 50,000 bonus Velocity Points when you spend $3,000 for the first 3 months. Plus, 100 Status Credits and luxury travel perks.
Westpac Altitude Black - Qantas
80,000 bonus points
Qantas Frequent Flyer
20.49% p.a.
$300 p.a.
Earn 80,000 bonus Qantas Points when you meet the spend requirement. Plus, 2 yearly Qantas Club lounge invitations.

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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

    • Avatarfinder Customer Care
      AllyOctober 22, 2015Staff

      Hi Eran,

      Thanks for your inquiry.

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


  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?

    • Avatarfinder Customer Care
      JonathanMarch 20, 2015Staff

      Hi Tom, thanks for your inquiry!

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



    • Default Gravatar
      TomMarch 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.

    • Avatarfinder Customer Care
      JonathanMarch 20, 2015Staff

      Hi Tom, thanks for your response.

      Please see this page for other metal credit cards.



Credit Cards Comparison

Rates last updated August 24th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
Virgin Australia Velocity Flyer Card - Annual Fee Offer
20.74% p.a.
0% p.a. for 18 months
$50 p.a.
Save with an ongoing $50 annual fee and 0% balance transfer offer. Plus, the ability to earn up to 30,000 bonus Velocity Points in the first 3 months.
Latitude Low Rate Mastercard
11.99% p.a.
$69 p.a.
Offers a competitively low interest rate and annual fee, plus up to 55 interest-free days on purchases.

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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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