First was American Express Centurion Card with its invite only card that required $250,000 worth of annual spending and had a $2500 annual fee.
Everyone knows that you respect anyone that takes out an AMEX black card from their wallet. The card is famously known for having unlimited spending limits and being carried by just about any celebrity.
Now comes the newest attempt geared to get the market between $50,000-$200,000 of annual spending and only a $500 annual fee.
