Bank of Communications’ black card series represents the high-end positioning of its credit card products, including two types targeting different groups of people. For young people, Bank of Communications has launched the Y-power black card, which is mainly aimed at young people under the age of 30 with a college or undergraduate degree. The other kind of black card focuses more on wealth accumulation. Applicants need to have assets of more than 500,000 yuan and enjoy top-level VIP services.

In addition, it is worth mentioning that Bank of Communications does not only cooperate with specific banks to issue similar Centurion Black Gold Cards like American Express. This black card from American Express is extremely rare in the world. It is only issued in limited quantities in three banks: Industrial and Commercial Bank of China, China Merchants Bank and China Minsheng Bank. It is issued on an invitation-only basis. The target customer group is extremely elite, and the invitees are usually private banks. A very small number of high-end users. For example, Industrial and Commercial Bank of China requires applicants to have an average daily deposit of more than 100 million yuan, or be a member of the Hurun Rich List or a member of the provincial CPPCC.

In summary, Bank of Communications’ black card series is not only a high-end symbol of bank credit cards, but its entry thresholds also vary depending on the type, with higher requirements for assets and qualifications.