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You have to be an Amex customer for at least one year.
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Charge at least $250,000 to your account. If your limit doesn’t permit, prepay Amex the difference at the beginning of the month. Spending $250,000 in a year sounds like a lot of money, but if you have a business you will soon realise that Amex might just be the right solution to pay your staff, cover business expenses and surprise your PR firm with a swanky black card instead of a boring cheque.
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Pay the $5,000 sign up fee
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Pay the annual renewal fee of $2,500
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Additional cards cost $1,500
So what are the perks of going black? Well to start you get personalised concierge service that will doanything from help you buy your next yacht to booking a table at your local restaurant. The second perk is an automatic upgrade from economy to business or first on several participating airlines. This is certainly a fast track upgrade system and beats any airline frequent flyer program. Discounts on cruises and private yachts of up to $500 come standard.