The American Express Centurion card, also called the Amex Black card, is an invite-only credit card issued exclusively by American Express Corporation. An invite only card is issued to Centurion cardholders after they fulfill certain pre-qualifying criteria.
The Centurion card comes in both corporate business, and personal variants. It is mainly used by corporations to provide their employees with cardholders' privileges such as business credit cards, travel rewards, etc. Cards for corporate clients are issued in different formats such as Business Platinum, Business Gold, Platinum Silver, and Platinum Gold. Personal cards, on the other hand, are mainly issued to individual customers and merchants.
Business card offers various benefits, including low balance transfer and introductory interest rates. A Business Platinum card offers customers a special annual percentage rate that varies depending on the company from which the cardholder belongs. The cardholder can transfer his/her balance to other cardholders' accounts within the same issuer at a higher interest rate. If the company's offer does not cover the entire balance of the cardholder's account, it can be transferred to another account at a lesser interest rate.
Personal Centurion cards, on the other hand, are issued by individual cardholders for use at specific establishments or outlets. The cardholder must provide personal identification in order to gain access to the card. Unlike business cards, Personal cards do not require an account number. The issuer of these cards is also free to issue credit and debit cards with a variety of other features. Such cards may include rewards programs, travel rewards, cash back, etc.
There are two types of cards offered by American Express: Business Credit Cards and Personal Credit Cards. Most Business Credit Cards come with higher credit limits than Personal Credit Cards and can be used at any establishment in the U.S. There are also Business Credit Cards available online, that offer convenience to the client by offering online shopping. shopping facilities.
Cards for Corporate clients are issued in Business Platinum, Business Gold, Business Silver, Business Platinum, and Business Platinum Silver. Card Silver has a 0% APR until your next billing cycle ends. The cardholder may make purchases during their billing cycle without having to pay any interest. The Business Gold, Platinum Silver has zero percent APR until you pay your balance.
Cards for Corporate clients can be issued in different forms. Cards for corporate clients can be issued in the name of the company in which you work, or the name of your business. A Corporate Platinum Card is issued by American Express only to business clients and it can be used anywhere that accepts American Express Cards. Cards issued by Business Gold and Business Platinum Silver are issued to cardholders in business names.
Business Credit Cards and Personal Cards are issued by different companies. A Business Platinum Card issued by American Express may only be used for business purposes. A Personal Card issued by American Express may be used for personal uses only. There are many options to choose from when it comes to buying the right card for you. If you want the best deal for the most benefit, go through a card broker or use the resources online that offer tips on buying a card.