No, there aren’t any black credit cards with no annual fee. That’s because black credit cardsare a class of super-exclusive, high-end credit cards that are black in color. It is also worth noting that the status symbol of black cards is the Centurion® Card from American Express.
Some of the Best Black Credit Cards in 2024
Invitation-Only:Centurion® Card from American ExpressCenturion® Card from American ExpressLearn MoreLearn More
The Centurion® Card from American Express reportedly requires you to spend a certain amount per year on American Express cards. You also need an invitation to apply. If you’re interested in the Centurion® Card from American Express, you can alsorequest to be considered for invitation.
If you are lucky enough to garner an invitation, you’re still on the hook for some hefty fees. The initiation fee is $10,000 and the annual fee is $5000.
- Bonus Categories:Mastercard® Black CardMastercard® Black CardLearn MoreLearn More
The Mastercard® Black Card doesn’t require an invitation or an initiation fee like the Centurion® Card from American Express, but it does charge a $495 annual fee. The card offers 1 point per $1 spent on all purchases.
For customers who don’t have the money that high-end cards require, there’s much better value in rewards cards of all colors. Also, while some rewards cards don’t offer as much in terms of perceived social status, cardholders will come away with a solid array of rewards and benefits without the ridiculously high fees. Check out some good credit card offers below.
Notable Rewards Cards with No Annual Fee
- High Earning Rates:Chase Freedom Unlimited®Chase Freedom Unlimited®Learn MoreLearn Moreon issuer's website
- Rates & FeesCash Back Rewards :Wells Fargo Active Cash® CardWells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
- Rates & FeesTravel Perks:Wells Fargo Autograph℠ CardWells Fargo Autograph℠ CardLearn MoreLearn Moreon issuer's website
- Limited/Fair Credit:Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn More
If you’re considering a black credit card, you’ll also likely meet the requirements of some of thebest rewards credit cardson the market.
This answer was first published on 07/01/22 and it was last updated on 03/26/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
