Visa Black Credit card is a luxury credit card designed for the few who enjoy the best of things in life. The card is designed for only the top 1% citizens in the U.S. The Black Card is pretty unique as it is not made of plastic but Carbon. The card has been getting lots of coverage in the media lately, so let's see what it has to offer.

Features: The Visa Black Card by Barclay's is made of carbon. The card provides 1% cash back on all purchases that you can redeem towards travel or airline.You'll also gain access 24-hour world class Concierge Service, ready to assist you with all your travel, leisure and personal needs.

As a part of your agreement with Barclay's, you'll receive luxury gifts from some of the top brands in the world. You'll also gain access to Priority pass. Priority Pass is the world's largest independent airport VIP lounge program, allowing you access to more than 500 airport lounges in over 90 countries worldwide.

Here are a few other features that you get with your Black Credit Card:

• 0% APR on Balance Transfer for 6 months.
• $250,000 worth of Travel Accident Insurance
• $300 Baggage Delay Insurance
• Auto Rental Collision Damage Waiver
• Purchase Security
• $1500 Trip Cancellation Service

APR & Fees: Barclay's Black Card is not for everyone. You'll have to pay for all these luxury features somehow, which is why you are charged an annual fee of $495. The purchase APR is 13.24%, currently.

The Black card is not just any credit card. It is designed for folks who have perfect credit score and need a card that packs a punch when it comes to spending power. The card does come with a high annual fee, but that is given for luxury cards such as these. If you are in need of a card that gives you the best life has to offer plus huge spending power, you should definitely consider the Black Card.