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Subscribe for more Luxury / Billionaire/ Rich/ Famous Videos http://www.youtube.com/user/LuxsReports?sub_confirmation=1 Launched in 2008, Black Card is a Visa credit card that allows its members access to various luxuries and rewards. Although it is often referred to as the Visa Black Card to differentiate it from American Express's black-colored Centurion Card, the Black Card program is not run by Visa Inc. Rather, the program is managed by a company named Black Card LLC, a division of ThinkTank Holdings, while the card itself is issued by Barclaycard. Holders of the card receive such benefits as cashback bonuses, worldwide acceptance, a 24-hour concierge service and gifts. The concierge service offers a wide variety of services including entertainment planning, business services, gift arrangement, travel information and assistance. The company also offers travel insurance for luggage, trip interruption/cancellation, rental car damages, warranty manager service, and purchase security on up to $500 per claim. The $495 yearly fee gives members limited enrollment in the VIP lounge program that provides access to many airport lounges. The Black Card (Visa Credit Card) is part of an Elite credit card segment created for a very small and exclusive range of clients around the world. The American Express Centurion Card, known informally as the Black Card, is an invitation-only charge card issued by American Express to platinum card holders after they meet certain criteria. There are two different issues of the Centurion Card, personal and business. Billionaire Millionaire rich "super rich" mega wealth Monaco news Russian Greatest Best Russia Business private elite exclusive interior super rich Billionaire prince Saudi Arabia investor businessman CEO Forbes luxury Princess Monaco elite exclusive tycoon wealth Palace house home mansion yacht supercar wealthy "big boy toys" cash usd dubai money London Europe uk usa America high end expensive vip preview "cash money wealth" jet plane 2014 2013 Yacht Black Card Credit Card Centurion America Express Palladium The Centurion Card is invitation-only after an appropriate net worth, credit and spending criteria are met. American Express does not publicly disclose the requirements necessary for getting a card except that the cardholder has a substantial net worth and they are a former platinum card holder. For reference, the average Centurion cardholder has $16.3 million in assets and an annual household income of $1.3 million. The card, available for personal and business use, offers services such as a dedicated concierge and travel agent; complimentary companion airline tickets on international flights on selected airlines with the purchase of a full-fare ticket; personal shoppers at retailers such as Gucci, Escada, and Saks Fifth Avenue; access to airport clubs; first-class flight upgrades; membership in Sony's Cierge personal shopping program and dozens of other elite club memberships. Hotel benefits include one free night, when at least one paid night is booked during the same stay, in every Mandarin Oriental hotel worldwide once a year (except for the New York City property), and privileges at hotel chains like Ritz-Carlton, Leading Hotels of the World, and Amanresorts. All of the benefits mentioned above are for United States-issued cards. American Express Centurion Cards issued in other countries may include different benefits. The card has recently added new amenities, including access into the Gulfstream Aerospace Private Flyers Club, Virgin Atlantic Flying Club Gold, as well as US Airways Platinum Preferred and Delta SkyMiles Platinum Medallion status. In 2007, American Airlines Admirals Club access was added to the list of amenities. As of 2010, the card provided unlimited access to all US Airways Clubs regardless which carrier the cardmember is traveling on (unlike Delta, and American)[citation needed]. The card also features complimentary enrollment in Hertz Rent-A-Car #1 Club Gold and the Avis Rent-A-Car President's Club. The titanium-crafted "Centurion" card was first issued as an upgrade for all plastic U.S. "Centurion" cards in the first half of 2006, with the titanium version being rolled out to certain other countries as well. Some Centurion customers have purchased automobiles using the card or made purchases exceeding €1 million. The card has no preset limit in theory. In practice the authorization is decided upon past payment and spending patterns ; the largest purchase supposedly ever made on one exceeded $52 million for a private jet by Victor Shvetsky. However many retailers object to the high commission charges and prefer to offer a cash discount. The Card is used for refueling superyachts and private aircraft where the bills can frequently exceed $100,000.