The Virgin Atlantic Reward Mastercard is easily the best free airline or hotel Visa or Mastercard on the market for day to day spending. The lack of a sign-up bonus is disappointing. The real strength, however, is the on-going earning rate. 0.75 Virgin Points for every £1 you spend is an excellent return.
A black card is a type of extremely exclusive credit card that is almost solely reserved for the ultra-wealthy. Typically, the cards are available on an invitation-only basis.
In addition to being a high earner and meeting large spending requirements, you'll need top credit scores to get a black card. A credit score between 800 and 850 is considered exceptional.
Naturally, the Luxury Card™ Mastercard® Black Card™ requires an excellent credit score, usually 720 or higher on the FICO index. When being trusted with a high spending limit, you have to have exemplified responsible borrowing behavior in the past, which a strong FICO Score will reflect.
In general, it's best to keep unused credit cards open so that you benefit from a longer average credit history and a larger amount of available credit. Credit scoring models reward you for having long-standing credit accounts, and for using only a small portion of your credit limit.
Here are MyWalletHero's picks for best Virgin Money cards
The Centurion® Card from American Express (Review) is generally considered the most expensive credit card; it charges a $10,000 initiation fee and a $5,000 annual fee. It's only available by invitation. The Mastercard® Gold Card™ (Review) is the priciest card that anyone can apply to thanks to an annual fee of $995.
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
There's no credit limit
The American Express Black Card doesn't have a pre-set 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.
But we have it on good authority that celebrities including Beyoncé, Oprah Winfrey, and Jerry Seinfeld, who reportedly received the first-ever Black Card, all carry it. Collectively there are thought to be fewer than 20,000 AmEx Centurion cardholders around the world.
For example, the MasterCard® Black Card comes with a Priority Pass airline lounge membership, while the Amex Platinum includes this and access to Delta Sky Clubs and Centurion Lounges. ... The rewards program is also improved, and is superior to the Amex card's program in terms of redemption value.
The most exclusive credit card is the American Express Centurion Card, also known as the Amex Black Card. It is reportedly reserved for people who spend at least $100,000 per year, and an application is needed to apply.
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