You’ve probably heard of the exclusive “black card” but did you know there are several invite only credit cards that exist? Most of them come with insane perks and hefty annual fees for the average consumer. When you are spending $100k plus a year on credit cards, many of these make sense. Today we are going to take a look at the most exclusive credit cards and what they get you.

Mastercard Gold Card

mastercard most exclusive credit cards

The Mastercard Gold Card is issued by Luxury Card. This is the only card on the list that anyone can go and apply for. With a sleek gold-plated stainless steel front, this card will certainly catch some eyeballs when you pull it out of your wallet. This also keeps the card durable for all the swiping that you will be doing.

Mastercard Gold Card Annual Fee

This card’s annual fee comes in at $995 with an additional $295 for each authorized user. This turns off most consumers from applying for this card. Do the benefits make up for it?

Mastercard Gold Card Benefits

What do you get for the hefty annual fee? Well quite a few things.

  • 2% Airfare Redemption Rate
  • 2% Cashback on your purchases
  • A 22g all metal card
  • 24/7 Luxury Card Concierge
  • Global Entry & TSA PreCheck Application Credit
  • Baggage Delay Insurance
  • Priority Pass Select
  • No Foreign Transaction Fees
  • Cellular Telephone Protection
  • Credits with partners including Postmates, Lyft, Boxed, ShopRunner, Fandango, Onef

Luxury Card is a newer player in the game but their card is getting a lot of buzz around the industry. Being a newer contended for the most exclusive credit cards, they have a lot to prove.

Mastercard Gold Card : Is it worth it?

With a $995 annual fee it is tough to tell if this card is worth it. If you are looking for a credit card that you are able to apply for directly, then this will be the card for you. For me personally, I don’t think the benefits match up with the hefty price tag they are asking for.

J.P. Morgan Reserve Credit Card

chase most exclusive credit cards

The J.P. Morgan Reserve probably has the highest criteria that we know of. In order to qualify for the card you must have at least $10 million in assets managed by J.P. Morgan’s Private Bank group. Maybe you’ve been running the wheel strategy and stacked some serious cash. If so this might be the card for you. This card also used to be known as the Chase Palladium card for anyone who has been out of the game for awhile. Like most exclusive credit cards, it is more of a status symbol than anything else. The card features a seek construction featuring palladium and brass.

J.P. Morgan Reserve Annual Fee

This card doesn’t have our highest annual fee, but it does come in at a hefty $595. That doesn’t seem like a real barrier to have one of the most exclusive credit cards in the world in your wallet.

J.P. Morgan Reserve Benefits

What do you get for the hefty annual fee? Well quite a few things.

  • Complimentary year of Lyft Pink
  • DashPass Subscription for DoorDash
  • 3 points per dollar on travel and dining, 1 point on everything else
  • $100 Statement Credit for TSA PreCheck
  • Primary Rental Card Insurance
  • $300 Travel Credit
  • Priority Pass Lounge Credit
  • No Foreign Transaction Fees
  • Access to VIP events hosted by Chase
  • Special benefits at the Luxury Hotel and Resort Collection

One of the other intangible benefits is the customer service that you get with the card. As you can see from Graham Stephan’s video, you are on connected with a live representative almost instantaneously. This can be a huge benefit for people when time is of the essence.

J.P. Morgan Reserve : Is it worth it?

In order to qualify for this card you need to have $10 million in assets with their private bank group. Considering their wealth management fees for $10 to $15 million is 0.55%, I think the choice is yours. If you value the perks that come with that relationship, then you can view it as an added benefit. After all, you must have done a few things right to get the $10 million there in the first place.

Citigroup Black Chairman

citi most exclusive credit cards

Citi partnered with American Express to develop one of the most exclusive cards in the world. Rumor is that you must be a Citi Private Bank account holder which requires a net worth of at least $25 million. The perks on this card are a closely held secret and haven’t been as widely reported as other cards. This mystery adds to its prestige on the most exclusive credit cards list.

Citigroup Black Chairman Annual Fee

There isn’t a page on Citi’s website where you can find the annual fee for this card. However, according to some research on other websites, it looks like the card has a $500 annual fee.

Citigroup Black Chairman Benefits

There are a few perks that we do know about for this card:

  • No Foreign Transaction fees
  • ThankYou rewards program
  • Your Wish Fufilled Program
  • Personal Concierge Service
  • Private Jet Programs
  • Air Port Lounge Access
  • Complimentary Companion Travel to Select Destinations
  • Medical evacuation and transportation coverage
  • Enhanced revolving Credit Line
  • Increased Warranties

The most interesting one on this list is the “Your Wish Fulfilled” program. Within this program you can work with “Wish Specialists” to create one-of-a-kind experiences. It looks like the possibilities in this program are endless. This might be the most unique credit card reward out there.

Citigroup Black Chairman : Is it worth it?

If you have a net worth over $25 million you will be hard pressed to find a more prestigious card. With the “Your Wish Fulfilled” program, if you can dream it then Citi will help make it happen. This isn’t exactly an attainable card for the average household but is definitely one of the most exclusive credit cards in the world.

American Express Centurion

american express most exclusive credit cards

When it comes to exclusive credit cards, the American Express Centurion is the gold, or black, standard. This is the exclusive black card that you hear about in songs and movies. This is an invite only card, reportedly requiring $250 thousand of spending between your American Express accounts, and $500 thousand if you want the business version. Now this isn’t a hard and fast rule, just what has been observed from those who have gotten invites.

American Express Centurion Annual Fee

The American Express Centurion has an annual fee of $5,000. There is also an initial initiation fee of $10,000 that is paid one time. If you want to add additional cardholders, they each require an additional $5,000 a year and you can only have a maximum of 2.

American Express Centurion Benefits

The American Express Centurion has some pretty great benefits:

  • 1x Rewards point, 1.5x Rewards point for purchases over $5,000
  • Marriott Bonvoy Gold Status
  • Hilton Honors Diamond Status
  • IHG Platinum Elite Status
  • Centurion Hotel Program
  • Delta SkyMiles Platinum Medallion
  • Centurion International Arrival Services
  • Centurion Airport Lounge Access
  • Priority Pass Select
  • Credit for Global Entry or TSA PreCheck
  • Centurion Auto Program
  • Centurion Dining Program

In addition to some of the American Express Centurion exclusive programs, they also offer dedicated personal concierge service. This concierges can do everything from securing difficult dinner reservations to finding a luxury car rental.

American Express Centurion : Is it worth it?

If you have a very high spend rate on your credit cards, the American Express Centurion is difficult to surpass. It is the penultimate for exclusive credit cards. They are world renowned for their customer service and the benefits they offer. If you qualify for it, you might as well get the best of the best!

Most Exclusive Credit Cards : In Review

These are just a few of the most exclusive credit cards in the world. They all come with high annual fees, and benefits to match. Whether you meet the criteria to get invited to apply for these credit cards is a different story.

Have you heard of any of these credit cards? If so let me know which one is your favorite in the comments below!

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