The VISA "Black Card"



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That card is issued by Invitation or you have to a credit score close to 800 or higher. $495.00 annual fee, definitely not a card for me!
 
So if its by invitation only or a close to an 800 credit score, why the high annual fee? I always thought cards that carried high annual fees were for those with mediocre to poor credit, that way the cc company could get some money out of people.
 
No way am I paying 495.00 annual fee.

I don't see what I am getting for my 495.00

The reAson the fee is so high
1. Promote exclusivity
2 pay for stainless Steel card
3. Pay for those points they are "giving you"
 
My Marriott CC is black. Last year someone asked me if that was "The" Black Card", I said no its a black card.
 
The AmEx Platinum card annual fee is $450, I guess you are paying for the perks with those exclusive cards?
 
My Chase Rewards Card works for me. I'm about to get my annual $1500 check from them for the acquired points. Talk about free and easy money.
 

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