The Visa Black Card
Review summary: Great choice for the status-conscious consumer... if you regularly get bottle service at the club and "make it rain FRNs," this is the card for you. Additionally, the customer support is simply phenomenal. If you're more down to earth (as I am), you'd be better off with a no annual fee card.
This is a credit card designed for those who do not always make 100% rational financial decisions, and sometimes splurge on things they want.
If you have a TAG Heuer, Movado or Omega on your wrist -- and you bought it partially to impress others (admit it!) -- you're the kind of person who would greatly enjoy the carbon fiber Black Card.
If you have a $10 Casio from Target on your wrist, and you never spend money on something that isn't absolutely vital to your continued existence, the VIP concierge service offered by the Black Card won't interest you -- and the $495 annual fee will make you physically sick. (If you're looking for great $0 annual fee credit cards, click here to see our favorite picks.)
Among other benefits, cardholders enjoy VIP access to 600+ airport lounges all over the world, 1% cash back (can be redeemed for flights on any airline as well, with no blackout dates or restrictions), and the concierge service is the real deal.
Call them up at 2 a.m. because you're in an unfamiliar city and you need to know which club or bar will still be packed, and they'll advise you.
The bottom line: if you can afford it, this card is incredible, and you'll enjoy whipping it out at business lunches and on dates.
If you're still trying to build up your finances and you don't have money for luxuries at the moment, this is the wrong card for you. Look at a Discover no annual fee card or an American Express airline rewards card. Both of those are better options for those in search of a simpler, less showy credit card. Click here to see those cards.
Apply now, see if you're eligible for the Black Card:
Disclosures: This web site maintains financial relationships with numerous credit card issuers and financial institutions, including Barclays Bank. We participate in their affiliate program and may be compensated for referrals.