The American Express Centurion Card – Enjoy luxury with a high flyer, prestige credit card

Information verified correct on September 27th, 2016

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The American Express Centurion Card takes the meaning of prestige to a different level.

In the world of cards, American Express Centurion Card has its own aura. Introduced in 1999, it is a charge card with no set spending limit. An exclusive card, cardholders can only be invited by American Express. Here we’ll unpack some of the benefits, benefits, features, limits and fees for this card and how to get invited for this card in Australia.

Who is eligible for the American Express Centurion Card?

As an invitation-only card, American Express hasn’t made the eligibility criteria available to the public. An ideal way to start would be to develop a history with American Express by using other premium services. It is also useful to note that the average household income for cardholders was $1.3 million with assets of $16.3 million in 2011.

Comparison of other credit cards available from American Express

Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
American Express Essential Credit Card
Receive a $50 credit on eligible spend and get Smartphone screen insurance combined with a no annual fee for life card. Also enjoy a 0% p.a. balance transfer rate for 12 months.
14.99% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
American Express Explorer Credit Card
Receive 100,000 Membership Rewards Bonus Points on eligible spend within the first 2 months of Card Membership. Also enjoy a $400 travel voucher and two complimentary airline passes per year.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $395 p.a. Go to site More info
American Express Platinum Edge Credit Card
Receive 10,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Plus, enjoy 0% p.a. for 12 months on balance transfers.

20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $195 p.a. Go to site More info
American Express Qantas Ultimate Card
Enjoy 50,000 bonus Qantas Points when you meet the minimum spend requirement and earn up to 3 Qantas Points for every $1 spent. Also enjoy a complimentary return flight every year.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
American Express Velocity Platinum Card
Enjoy up to 50,000 bonus Velocity Points when you meet the minimum required spend and earn up to 3 rewards points per dollar spent. Also receive a complimentary return flight every year.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you meet the minimum spend requirement and earn up to 2 points for every $1 you spend, together with a $0 annual fee.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
American Express Qantas Premium Card
Earn as much as 30,000 bonus Qantas Points when you meet the minimum spend requirement. Enjoy frequent flyer benefits including uncapped Qantas Points per $1 spent, complimentary travel insurance and Qantas Club lounge invitations.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $249 p.a. Go to site More info
American Express Qantas Discovery Card
Enjoy up to 7,500 bonus Qantas Frequent Flyer Points and 1 point per $1 spent, plus 0% p.a. on balance transfers for 12 months, all for a $0 annual fee.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
American Express Platinum Card
Receive 80,000 Membership Rewards Bonus Points when you meet the minimum spend requirement and earn up to 3 points per dollar spent. Gain access to travel insurance, $300 Platinum Travel Credit every year and access to 800 VIP airport lounges.
$1,200 p.a. Go to site More info
American Express Gold Business Card
Keep track of your business expenses with a dedicated business credit card. Your account details can be uploaded in to MYOB, Excel or Quicken to help with BAS reporting.
$169 p.a. Go to site More info
American Express Velocity Business Card
A truly dedicated business rewards credit card. Download all your card expenses in a format readable by Quicken, MYOB, Microsoft Excel and more, helping you simplify your quarterly BAS reporting.
$249 p.a. Go to site More info
David Jones American Express
Receive 30,000 Membership Rewards points and earn up to 3 Rewards points for every dollar spent on everyday item and access exclusive in-store benefits to David Jones cardholders.
20.74% p.a. $99 p.a. Go to site More info
David Jones American Express Platinum Card
Receive 40,000 Membership Rewards points or 30,000 Qantas Points. Plus earn up to 4 rewards point per $1 spend.
20.74% p.a. $295 p.a. Go to site More info
American Express Business Card
Earn up to 1 Membership Rewards point per dollar spent on eligible purchases.
$109 p.a. Go to site More info
American Express Qantas Business Card
Earn 1 Qantas Point per dollar spent on eligible purchases.
$299 p.a. More info
American Express Platinum Business Card
Provides easy tracking and management of business expenses - reporting meets ATO requirements. Dedicated Platinum Business Concierge to assist you day-to-day.
$1,500 p.a. Go to site More info
American Express Business Accelerator Credit Card
This credit card gives you up to 55 days of interest-free purchases
20.74% p.a. $160 p.a. More info
American Express Qantas Corporate Green Card
Receive 150,000 bonus points if you apply by 30 September 2016 and make a transaction with Qantas within the first 3 months.
$70 p.a. More info

How does the American Express Centurion work?

This is an invitation-only card which is offered to customers who meet a set of eligibility criteria. Although the eligibility criteria are not explicitly stated, it does require a five figure spending bill per month. This card was initially offered to customers who already had the American Express Platinum card and had a higher spending bill.

The card is tailored according to the financial resources of the customers. This allows the cards to be issued without a set spending limit.

What are the features and benefits of using an American Express Centurion card?

An exclusive card only currently in use by an estimate 10,000 in Australia, some of the benefits you could look forward to include:

  • Flexibility. The card can be used for personal as well as business use.
  • Design. Since 2006 the card is made of anodized titanium with the information and number etched into the metal through laser. In some countries the plastic version is still in use.
  • Travel benefits. The customers can access premium airport lounges and clubs. Complimentary companion airline tickets are also available on select airlines.
  • Hotel benefits. Exclusive privileges are available at hotel chains like Ritz-Carlton, AmanResorts and more.
  • Insurance. Complimentary travel insurance is available if the card is used to cover travel costs.
  • Mobile contactless payments. Whether you have an Android, Apple or Samsung device, you can save time at the cash register and pay with the convenience of your smartphone with Android Pay, Apple Pay or Samsung Pay.

What are the fees and limits of the card?

Within Australia, the annual fee for the card is $5,000 with an additional one-time fee of $5,000. The spending limit on the card varies between customers but should suffice for almost any purchase.

The AMEX Centurion is a charge card. What does this mean?

A charge card is used as a payment method while making purchases. Unlike with a credit card, the cardholder must repay this amount by a due date, usually by the end of the month. It does not provide a revolving credit system like a credit card but has a high spending limit or no spending limit.

These charge cards are used for the sake of convenience, providing an easy payment system. They are not linked to any account, like a debit card. American Express Centurion Card gives a new meaning to charge cards by bringing in benefits like concierge services, personal shoppers, travel benefits, comprehensive insurance and much more. However, the real highlight of this card comes through its exclusivity.

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What else could I consider?

American Express Platinum

One of the ways to build a good history with American Express is start with American Express Platinum card which can be applied directly and does not need any personal invitation. The minimum income requirement for the platinum card is $100,000 and the annual fee is $1,200.

American Express Centurion card was designed as a status symbol and has been limited to the elite. Informally called the “black card”, this card has held a high position among ultra-premium cards since its inception. It has no spending limits and offers a host of premium benefits including comprehensive insurance, travel benefits, hotel benefits and much more.

American Express Platinum Charge Card

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Frequently Asked Questions

How long would I need to use American Express Platinum card to be invited for this card?

There is no set time, nor is there any guarantee that all the platinum cardholders will be invited. However if you can keep a monthly spend limit of over $10,000 per month and regularly pay the balance, the chances of invitations will increase.

What is the one-time fee?

This fee is charged at the time of processing for the card. In Australia, this fee is $5,000 which was increased from $4,300 on July 11, 2012. Besides this fee the cardholders will also be charged an annual fee of $5,000.

How many people are offered this card every year?

Being an exclusive card, there is very little information available. However, according to estimates there are less than 10,000 cardholders in Australia.

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Credit Cards Comparison

Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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