What Credit Card Do Billionaires Use? (2024)

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What Credit Card Do Billionaires Use? (2024)

FAQs

What Credit Card Do Billionaires Use? ›

What Credit Card Do the Super Rich Use? The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

What is the most powerful credit card in the world? ›

What is the most prestigious credit card in the world? The American Express Centurion Black Card * The card details on this page have not been reviewed or provided by the card issuer. , known as “the Amex Black Card,” has been touted to be the most exclusive credit card preferred by high-net-worth individuals.

What credit cards do celebrities use? ›

Stars Love Amex, But Not The “Black Card”: 19 of the 27 celebrity wallets we examined contain an American Express credit card. The Amex Green Card and the Gold Rewards Business Card are the most popular, by far.

What bank card do rich people use? ›

One of the world's most prestigious credit cards is the Centurion® Card from American Express*. Though there may be other cards with more elaborate benefits, those cards are kept well under wraps.

What is the credit card of the rich? ›

In a world where wealth and status are often interlinked, the black credit card stands as a pinnacle of fiscal prestige. Embodied by the illustrious Centurion® Card from American Express, colloquially known as the 'Amex Black Card', these cards are more than a payment method ᅳ they're a statement.

What credit card is the most elite? ›

Centurion® Card from American Express

A rating of 5 is the best a card can receive. Why It's One of the Most Exclusive Credit Cards: The most exclusive, prestigious credit card is without a doubt the American Express Centurion Card, otherwise known as the Amex Black Card.

What credit card has a $100000 limit? ›

On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.

What is the #1 credit card to have? ›

The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back.

What credit card do most millionaires have? ›

Despite the wealthiest being associated with luxury credit cards and so-called "black cards," Bank of America is the most popular credit card issuer among millionaires.

Which bank do billionaires use? ›

JP Morgan Private Bank

“J.P. Morgan Private Bank is the more elite program serving ultra-high-net-worth individuals,” Naghibi said. “It offers comprehensive services in savings, checking and retirement account management.

What is higher than a black card? ›

No, there aren't any credit cards higher than the “Amex Black Card.” Officially called the Centurion® Card from American Express, the Amex Black Card is far and away the most exclusive, prestigious credit card on the market.

Who qualifies for a black card? ›

To get a Black Card from American Express, you must receive an invitation to apply, have Excellent credit, and pay the $10,000 initiation fee. Amex customers can request an invitation for the Black Card online, though there is no guarantee of actually receiving an invite.

What credit card screams rich? ›

Credit cards that make you look rich are exclusive cards with high credit limits, such as the Centurion® Card from American Express or the J.P. Morgan Reserve Credit Card. Both cards come with great perks like concierge service and travel benefits, and require applicants to have very high incomes and an invite.

Do rich people use Capital One? ›

Here are the most popular banks among the wealthy: Bank of America (50%) American Express (38%) Capital One (35%)

What is the richest credit card in the world? ›

The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.

What credit card does a billionaire have? ›

The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

What is the hardest card to get in the world? ›

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.

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