We have earlier introduced you to some of the very exclusive cards, including the American Express Black Card, GK Power’s high-concept cards, the $5M Holiday Dream Card, the very exclusive Sotheby’s MasterCard, and the Diamond-studded Royale MasterCard for Dubai’s elites. Now, MasterCard and Kazkommertsbank, the second largest bank in Kazakhstan, together are bringing a MasterCard credit card festooned with gold and diamonds. Called ‘Diamond,’ this diamond card features a 0.02-carat gem in its centre and a picture of a peacock for female cardholders and a winged horse for men. The card will be issued within two weeks and the annual fee would be $1,000. Bank’s head of international payment systems, Alla Voyakina cited…

The Mercedes luxury cars epitomize several years of design that have made Mercedes Benz become one of the most illustrious luxury brands in the world. Now, the entrants for the 2008 Design Los Angeles Challenge have been officially out and the Mercedes-Benz Advanced Design Center of North America has taken wraps off the Formula Zero luxury racer. This stylish concept racer aims to combine the “the thrill of Formula One, the track dynamics of the bobsled or luge, and the grace and efficiency of yacht racing.” Taking inspiration from Formula One and Yacht Racing worlds, the Formula Zero has been designed with a view to haul out maximum thrust from the electric motors, aero-efficient solar skin and rigid sail. The Mercedes Benz Formula Zero racing Series will be held on a transparent track, which will be visible to the spectators from all angles.

For quite some time the American express Centurion card or commonly known as the American black was a highly coveted item. For users of the American black there is no such thing as credit limits ordinary folks have to put up with.

The estimate is that at the moment there approximately 17,000 black cards in circulation. However to be eligible for the American express black you must charge 250,000 per year. The initiation fee will set you back for $5000, while the annual fee is $2500.

But apart from the no credit limit there are many added perks – a personal concierge service that will score tickets for events and make your reservations for you. Then there are the private shopping services that will open doors for you at all the major fashion houses.

However recently a number of cards has been launched that are supposed to offer same if not better perks then American express Centurion card. The Bank of America, Citigroup and Merrill Lynch have all launched versions of credit cards similar to American express black.

But the most coveted is the Stratus Rewards Visa or also known as the White card, which can be obtained through nomination by another member or invitation only. The annual fee will set you back $1500 and the perks are many — from discounts on private jets, discounts on luxury goods to travel insurance up to $1 million.