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When most people bring up the black card, they likely refer to the American Express Centurion Card. While Amex doesn’t publish the cardholder requirements, it’s believed that you must have a 7-figure annual income, spend mid-six figures every year on a different American Express credit card, have a high net worth, and of course, have impeccable credit.
In this article, I’ll give you the lowdown on the Black cards offered by American Express and Luxury Card. I’ll also cover several other luxury credit cards, which act as “black card alternatives.” But first, if you are one of the privileged few to be selected for an Amex Centurian Card, here are some of the rumoured benefits you can expect to enjoy.
American Express Centurion
The American Express Black Card (Centurion) comes with a hefty $5000 one-time setup fee and a hefty $2500 annual fee for Canadian cardholders…
Last Chance to earn 65,000 bonus points + $100 statement credit with the Marriott Bonvoy American Express Cards
Best credit cards in Canada for 2022
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The best credit cards in Canada 2022
Here’s a quick overview of essential information. Other important details about each card—like interest rates, welcome offers and additional benefits—are listed below.
Rewards / Features
Scotia Momentum Visa Infinite (get more details)*
4% on gas and recurring bills
2% on gas & transit
1% on everything else
American Express Cobalt (get more details)*
5 pts/$1 on groceries & dining
2 pts/$1 on travel, gas & transit
1 pt/$1 on everything else
1 pt = 1% / up to 1.75% in travel rewards