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The front of an American Express Centurion card. The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. [1] [2] 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. [3] [4] The firm does not disclose the exact requirements ...
Mastercard also charges a 1% fee, while other companies, such as American Express and Discover may charge international fees in addition to foreign transaction fees.
Fee type. Transaction type. Charged by. Typical rate. Foreign transaction fee. Transactions in foreign countries or online with foreign merchants. Credit or debit card issuer
In the United States, the fee averages approximately 2% of transaction value. [2] In the EU, interchange fees are capped to 0.3% of the transaction for credit cards and to 0.2% for debit cards, while there is no cap for corporate cards. [3] In the US, card issuers now make over $30 billion annually from interchange fees.
The Centurion Card from American Express, famously known as the Amex Black card, is one of the most exclusive cards on the planet. It’s available by invitation only, and charges a $5,000 annual fee.
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