Black credit cards
Black credit cards are extremely prestigious. They have high credit limits and a range of benefits as standard, such as a higher earn rate on rewards and 24/7 concierge services.
By Yvonne Taylor | Verified by David Boyd | Updated 11 Oct 2023
As seen on
Comparing black credit cards
On website
American Express Platinum Card
Balance transfer
N/A
Purchase rate
N/A
Annual fee
$799.00 p.a. ongoing
Highlights
- Earn up to 100,000 Membership Rewards points. Get 70,000 welcome bonus points when you charge $10,000 in purchases to your Card in the first three months of Cardmembership. Earn an additional 30,000 points when you make a purchase between 14 and 17 months of Cardmembership. Terms and Conditions apply.
- Earn 2 points for every $1 in Card purchases on eligible dining in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases.
- Enjoy a $200 annual Travel Credit. Terms and conditions apply.
Pros
Cons
BMO eclipse Visa Infinite Privilege Card
Balance transfer
N/A
Purchase rate
20.99% p.a. ongoing
Annual fee
$499.00 p.a. ongoing
Highlights
- Get up to 90,000 BMO Rewards bonus points. 50,000 BMO Rewards welcome bonus points will be applied to your account after you spend a minimum of $6,000 within the first 3 months. The other 40,000 BMO Rewards welcome bonus points will be credited on your first anniversary after you spend a minimum of $100,000.
- Earn 5x the points for every $1 spent on groceries, dining in and out, drugstore purchases, gas, and travel, 1 point for every $1 spent on everything else
- Complimentary Priority Pass membership, plus six annual lounge visits.
Pros
Cons
HSBC World Elite Mastercard
Balance transfer
N/A
Purchase rate
19.9% p.a. ongoing
Annual fee
$149.00 p.a. ongoing
Highlights
- Earn 20,000 Points PLUS receive a $100 annual travel enhancement credit. Conditions Apply.
- No foreign transaction fees.
- Earn 3% in travel rewards on all eligible travel purchases (6 points per $1) and 1.5% in travel rewards on all other eligible purchases (3 points per $1).
Pros
Cons
Scotia Momentum Visa Infinite Card
Balance transfer
N/A
Purchase rate
20.99% p.a. ongoing
Annual fee
$0.00 for 1st year
Highlights
- Earn 10% cashback on all purchases for the first 3 months (up to $2,000 in total purchases).
- No annual fee for the first year, including supplementary cards ($120 and $50 p.a. respectively thereafter).
- Earn cashback on groceries, recurring payments, gas, and everything else.
