The Centurion Card, popularly known as the Black Card, is American Express’ most exclusive charge card. Formerly available by invitation only, the Centurion Card provides access to a range of exclusive privileges.

Urban legends of a special, black-colored card offering dignitaries and celebrities unlimited spending power and after-hours access to high-end stores circulated in the 1980s. While the rumors were false, in October 1999 American Express decided to capitalize on them by launching the Centurion Card.

This ultra classy black card is the only financial card in the world made from titanium and the only financial card in the world not made out of plastic. Truly pushing the card design frontier into an entirely new realm, the Centurion Card comes with perks like travel discounts, hotel upgrades, jet service, and even a personal concierge.

To be approved for the Black Card, one must make a request and meet the strict criteria. There is a US $5,000 one-time initiation fee for new cardholders, plus a annual fee of US $2,500 as well as a minimum annual spending of US $250,000.