The Visa Black card has created quite some buzz in the financial industry. It's a new luxury card that is designed for the rich. It not only gives you huge spending power but it comes with a lot of perks that don't even make sense to some of us mortals. Barclays Bank has designed the offer for less than 1% of the American population. That means unless you have perfect credit-score, you may want to spend your time and effort signing up for another offer. And you can tell from the annual fee that the program is not designed for the average Joe.
The Visa-Black-card comes with a $495 annual fee that you will be paying each and every year for the privilege of using such a cool looking credit-card. Here is what you get with the Black-card:
- Limited Membership (1% of U.S. Residents)
- 1% cash back on purchases or $1 = 1 points that can redeemed for travel anytime
- 24-Hour Concierge Service
- Exclusive Rewards Program
- Luxury Gifts
- Patent Pending Carbon Graphite
The exclusive rewards program and the luxury gifts make this program worth your while. It's true that you'll be paying a big fee to keep your black-card, but you will be one of the few who actually quality for such program. While the Visa Black requirements are not specified by Barclays, here is what I have found out after researching on the Internet:
- You need to spend a lot of money each year (well in thousands a month).
- Perfect FICO score. No blemishes or anything derogatory.
- U.S. Residence and a social security number.
- A lot of money to spend (could use it for your business but it's a consumer program).
The Visa Black Card requirements are more than most of us can handle. But if you qualify for this offer, you are going to enjoy the rewards and benefits provided exclusively to cardholders by Barclays.
Looking for more information on luxury credit cards?
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By Panah C Rad
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