What is the cost of an American Express Centurion card?

The American Express Centurion Card, commonly referred to as the "Black Card," is a premium credit card that comes with an exclusive membership typically reserved for high net worth individuals. The cost of obtaining and maintaining a Centurion card consists of two primary fees: an initiation fee and an annual fee. Although the exact amounts can vary by country or over time, as of the latest information, the initiation fee for new members is around $7,500, and there is an annual fee of approximately $2,500. It should be noted that these figures can change, and potential applicants must meet certain undisclosed eligibility criteria related to their spending patterns and financial resources before being invited by American Express to join the Centurion program.