Black card. The most high-end credit card is the black card, which is a simple black card. Without any language modification or gorgeous appearance, you can see its distinguished status and symbol.

In 1999, American Express issued the Centurion Card, which is recognized around the world as a high-end credit card. Black cards are not something you can own "if you have enough money", and in order to ensure the quality of customers and services, banks generally do not actively promote black cards. Real wealth is a way of life or a way of thinking, not a number in a bank account.

In 2013, American Express Black Card entered China. In China, only Industrial and Commercial Bank of China and China Merchants Bank are eligible to issue black cards. The full name of ICBC's black card is "ICBC American Express Centurion Black Gold Card", and the full name of China Merchants Bank's black card is "China Merchants Bank American Express Centurion Black Gold Card". At the end of October 2013, the two banks announced the issuance of black cards and gold cards almost simultaneously. Both Industrial and Commercial Bank of China and China Merchants Bank charge an annual fee of 18,000 yuan for the black gold card issued by Express, and have basic investment promotion models. The black card mainly examines the customer's asset size, asset liquidity, lifestyle, consumption habits, customer's contribution to the bank, etc. Annual domestic consumption of 2 million yuan or overseas consumption of 1 million yuan is a basic threshold.

Banks are extremely strict with black card and gold card holders. To become an ICBC black card holder, you must be a member of the Hurun Wealth Ranking or a member of the Hong Kong Jockey Club, and your annual consumption must be at least 2 million yuan, which does not include large purchases of cars and houses. Even if you meet all the basic requirements, you may not be able to become a black card holder because black cards cannot be actively applied for.

Can I still repay my credit card if it is reported lost?

Can repay the loan. Reporting a credit card as lost does not mean that the credit card business has stopped, nor does it mean that the credit card account has been completely frozen. After reporting the loss, the credit card cannot be used for consumption, cash withdrawal, etc., but it can still be used for transfers and repayments. Additionally, banks will not suspend repayments upon maturity. If the cardholder fails to repay the stipulated amount by the due date, the bank will treat the credit card as overdue, which may even affect the cardholder's personal credit.