We all know that a black credit card means serious money. And especially if it’s issued by a bank like Rand Merchant Bank (RMB) you have to be getting paid to earn that card as a premium client.
For starters black credit cards are marketed as high-end reward credit cards. And pulling the black credit card from your wallet is no joke. As the card is one of the most elite and exclusive credit accounts in the world, available by invite only and only to super rich.
And RMB is a bank all about private banking. A top-tier of banking accounts, which are only open to customers who earn a minimum high-level income, or have multi-million rand investment portfolios. Also due to the fact that RMB in South Africa don’t offer credit cards to individuals, with a bigger focus on business accounts.
Therefore your earnings and profits need to be big to get a RMB Black credit card, being a black card holder means affording seriously costly items. And all the bells and whistles might mean hefty annual and merchant processing fees. The RMB black credit card will be costly.
You may need a six-figure salary in some cases to match that desire for access to this Private bank black credit card and be prepared to pay higher banking fees. However the details, in terms of pricing and benefits could just be made available to customers directly, as no further information could be publicly disclosed.