E ultimate in CC, the Centurion Card, popularly known as the Black Card, is a charge card issued by American Express. Anyone heard of it before?
Annual fee is SGD5,000, the Centurion Card does have limits, but these limits are not pre-set at a certain level. Like any other American Express charge card, the limits are based on the spending history of card holder, as well as their personal credit profile and financial resources.
A card holder spending $250,000 in the previous year could not just purchase a jet with a swipe of his or her card unless he or she had the resources to make good on the transaction. Source from wiki.
Annual fee is SGD5,000, the Centurion Card does have limits, but these limits are not pre-set at a certain level. Like any other American Express charge card, the limits are based on the spending history of card holder, as well as their personal credit profile and financial resources.
A card holder spending $250,000 in the previous year could not just purchase a jet with a swipe of his or her card unless he or she had the resources to make good on the transaction. Source from wiki.
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