Credit cards are divided into levels, and the top credit card is the black card. The black card allows unlimited overdraft with no limit, but it is only available abroad. Foreign card organizations are prohibited from independently issuing debit cards in China, so American Express authorized the domestic Industrial and Commercial Bank of China, China Merchants Bank, and China Minsheng Bank to change them to credit cards. Therefore, domestic black cards have fixed limits. Generally around 2 million to 10 million yuan.

How to apply for a black credit card?

Although domestic banks are authorized to apply for black cards, applications for such black cards are not accepted whether at home or abroad. It can only be actively invited through the bank, and the privacy is very high, which highlights the noble symbol of the black card.

The invitation conditions are also very strict: ICBC requires cardholders to be rich people on the Hurun Wealth List or members of the Hong Kong Jockey Club, with annual average daily deposits of more than 100 million yuan; Although China Merchants Bank's requirements for cardholders are not that strict, the average daily deposit per year is still more than 20 million yuan.