![\"Centurion\u00ae](\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2018\/08\/Amex-centurion-card_supplied_240x152.jpg\" "\\"Image:")
<\/h4>- Invitation only.<\/b>
You have a higher chance of being invited if you\u2019ve been an Amex cardholder for at least a year and spend and payoff hundreds of thousands of dollars annually (for personal, not business, purchases). You can also request to be considered for an invitation through Amex\u2019s website.<\/li>- Initiation fee.<\/strong>
There\u2019s a one-time initiation fee of $10,000 USD.<\/li>- Annual fee.<\/strong>
You\u2019ll pay $5,000 USD a year to keep the card. You can add up to two additional cardholders, but you\u2019ll have to pay the same annual fee for each card you add.<\/li>- Titanium card.<\/strong>
Crafted from anodized titanium, the card is laser-etched with your account information. Anodized titanium enhances the card\u2019s durability and resistance to wear-and-tear. Each additional card will cost $5,000.<\/li>- Charge card.<\/strong>
This means you\u2019re required to repay your full balance by the due date on each statement. If you don\u2019t, you could be charged a late fee or face account suspension. Amex\u2019s Pay Over Time feature allows you to pay for certain charges over an extended period at a variable interest rate of Prime Rate + 12.74%.<\/li>- No spending limit.<\/strong>
Since it\u2019s a charge card, the Centurion\u00ae Card from American Express doesn\u2019t have a set credit limit. Internally, Amex will set a spend ceiling on your account based on factors like your credit history, income and spending habits.<\/li>- Travel benefits.<\/strong>
The card gives you status upgrades in hotel and airline programs, access to premium airport lounges and clubs worldwide, complimentary membership in elite hotel loyalty programs, no foreign transaction fees and more.<\/li>- Rental cars and other driving perks.<\/strong>
Limousines, elite rental benefits and driving experiences are all accessible to Centurion\u00ae Card from American Express members.<\/li>- Shopping benefits.<\/strong>
The Centurion\u00ae Card from American Express entitles you to exclusive luxury brand offers through the Centurion Shopping Program and access to exclusive events.<\/li>- 24\/7 concierge.<\/b>
Get reservations at some of the world\u2019s top restaurants, arrange your last-minute travel itinerary or find the perfect gift for a loved one.<\/li>- Cash advances.<\/strong> You can get a cash advance from the Centurion\u00ae Card of up to $10,000, but you\u2019ll be charged an interest rate of Prime Rate + 21.99% on the advance (plus a fee of either $10 or 5% of the cash advance amount, whichever is greater).<\/li><\/ul>
Compare the most prestigious credit cards in Canada<\/h3>
A number of premium credit cards in Canada offer high-tier features like concierge services, travel insurance coverage, complimentary companion flights, access to upgrades, experiences, discounts and tickets, shopping protection and much more. Plus, these elite credit cards are easier to get your hands on than the invitation-only Amex Black Card.<\/p>
The 6 best premium credit cards in Canada<\/h3>
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- Best for travel: <\/strong>American Express Cobalt Card<\/a><\/li>\n
- Best for lifestyle: <\/strong>BMO eclipse Visa Infinite Privilege<\/a><\/li>\n
- Best for airport lounge access: <\/strong>The Platinum Card from American Express<\/a><\/li>\n
- Best for no foreign transaction fees: <\/strong>Scotiabank Passport Visa Infinite + Card<\/a><\/li>\n
- Best for earning cash back: <\/strong>Scotia Momentum Visa Infinite + Card <\/a><\/li>\n
- Best for signup bonus: <\/strong>RBC Avion Visa Infinite<\/a><\/li>\n<\/ul>\n
- Best for lifestyle: <\/strong>BMO eclipse Visa Infinite Privilege<\/a><\/li>\n
- Initiation fee.<\/strong>