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Is the centurion card worth it?

When you hear about the centurion card you think expensive, high interest rates and beyond reach. Build around mythical rumors the centurion card conjured images of fabulously wealthy people. Prior to 1999 the card was mythical rumor with most people labeling it as the ultra exclusive black card for elite customers. The American bank express decided to capitalize on this idea branding the centurion card as the most exclusive credit card in America.

Credit cards close up
How to get the centurion card
Unlike other credit cards where the application process can be done online, the centurion card is by invitation. To be eligible for the card you must:-
• Be using other American express cards
• Be an active member for at least one year
• And charge not less than $250,000 per year.
The centurion card is a credit card but it is not charged any interest, rather it is a charge card and the cost must be paid in full. For starters the initiation fee will cost you about $7,500 and annual fee of $2500 which is paid after you receive an invitation to apply.

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Is the centurion card worth it?
With such hefty fees levied against the card, your next question would be if the card is worth it. There are numerous benefits that come with owning or applying for a centurion card. Members with the centurion card enjoy membership rewards that can be redeemed through gift cards, travel and even shopping. Centurion card owners enjoy the transfer feature allowing them to transfer points to frequent flyer miles. Other benefits include airport club access program, unlimited priority pass select membership, annual $200 airline reimbursement and the fine hotels and resorts programs.

centurion invite
The centurion card is the only card that will help you achieve airline elite status quicker. Centurion card owners enjoy the benefits of holding the black card with complimentary services from hotels to airports. Compared to platinum credit card the centurion card allows you to enjoy even finer things in the world. If you fly a lot the centurion card will give you access to exclusive hotels. A centurion card places you at the top tier as an elite member of the American express bank. Because of its prestige the centurion card is made of platinum and it’s actually heavier than other cards.
There is no doubt that the centurion card is made for the elite customers with impeccable credit score and credit report. If your net worth is in the tune of millions then you are eligible for the centurion card. American express bank is not clear about the requirements to acquire one but one thing is for sure it is made for the fabulously wealthy. Other cards that can be closely associated with the centurion is the platinum card. But the prestigious benefits for centurion card owners make it the ultimate card to own. If you have all the requirements needed to get this card then wait for an invitation and get to enjoy the benefits of the card.

 

How to apply for Centurion Card ?

Are you searching for the eventual reputation symbol of the Modern Day? Good, nothing impulses funds, mystery and, okay, funds, such as an American Express Centurion Card. If you believe you have the cheddar, check out this post to discover how to apply for centurion card. By sporting that American Express Centurion Card, you’re sure to have a record. Being approved for an American Express Centurion Card isn’t easy, even if your lifestyle places you comfortably above what most people would consider middle-class.

Centurion Card Welcome

How to apply for Centurion Card ?

It’s not essential to be wealthy to have a Centurion Card, however it will help. If you control a business as well as can utilize your card to approach major charges, such as payroll you will receive an automatic approach to Centurion-hood that does not need you to be separately wealthy. Regardless, here are the 411, no matter your position in how to apply for centurion card :

Have an American Express Platinum Card Even though you have expended $ 250,000 upon your regular Mastercard or visa, you will not be eligible, you will need to go platinum prior to going black.

Purchase Like It’s Your Final Day in the world You heard right, the aim here’s to accumulate (as well as pay off) $250,000 price of debt, in a single year, with your Platinum Card. Several smart suggestions to assist you to hit that limit may include :

  1. Doing every possible minor and major buying with your Platinum.
  2. Informing your company you will be happy to use your card for business bills (assuming that you will be refunded).
  3. In case you are out to dining with buddies, purchase the full food.
  4. Make use of your vehicle to pay payments whenever you can, such as utilities and insurance.
  5. If you wish to be seriously uncommon, make use of your card to give to charity.
  6. Purchase without wondering about the consequences, especially for diamonds, premium T-shirts, and also designer appliances. Spend, spend, spend!

Avoid Your Spending Limit Your Platinum may possibly enable you to expend $10,000 monthly, which falls far lacking your aim. You’ll discover a minimum of 2 ways to get around this:

  1. Pay back your account many times mid-month to be able to regain your limit.
  2. Pay too much your invoice by the end of monthly. For instance, in case your limit is $10,000, send out a cheque that is higher than your existing debt by a lot more than $13,000. American Express can credit your account for the extra cash as well as efficiently offer you a new limit of $23,000 for the month.

Thoughts Your Credit Score

  1. Pay back the balance on-time and do not go over your limit (don’t be mistaken with paying too much your limit).
  2. Control your credit rating with a support like Experian or Equifax13.

How to Apply for Centurion Card Until 2006, the Centurion Card was just obtainable by American Express Black Card application. However these days, you can easily call the American Express Platinum customer support number (1-800-263-1616) and request for an application.

When you put the wish and the suggests, and you are also a top class traveler with a the event of wanderlust, then best of luck. You’re ready to get quality on some high-level expenses with your Platinum Card!

American Express Credit Card Application Amex City Centurion Application Form Pay with Credit Card Using Credit Card For Shoping

Something About the Centurion Card Spending Requirements that You Need to Know

Now i’m talking from personal expertise. There isn’t any minimum earning for the centurion card spending requirements. The spending requirements are uncomplicated. Possess an American Express Platinum Card for you to use $ 250,000 annually, and after that purchase the initiation fee and also the yearly fees. At several points in the record, it’s been invitation solely, dismissing the centurion card spending requirements.

Centurion Card Spending Requirement

Availability and Charges

The Centurion Card definitely is invitation-only after an acceptable value, credit as well as spending requirements are satisfied. American Express doesn’t openly reveal the requirements essential for obtaining a card with the exception that the card holder has a considerable value and they’re an early platinum card holder. For research, the common Centurion cardholder has $ 16,300,000 in financial assets and an once-a-year household salary of $1,300,000.

What are the centurion card spending requirements?

The requirements for the “black card” (basically known as the Centurion card) by American Express (a CreditCardForum advertising partner) have revised somewhat as being the card first became available in 1999, however they have always been structured. Let’s take a peek at what’s recently necessary for 2014 if you wish to get this centurion card.

The centurion card spending requirements include shelling out 250,000 USD in a giver year on an additional American Express card. This indicates you need to have an active American Express card for one year or longer, as well as shell out (and pay back) a minimum of 250,000 USD during the period of a year. As soon as you accomplish that, you satisfy the centurion card spending requirements. There has been discuss of maintaining your card exceptional by raising that requirement to 500,000 USD or possibly a 1,000,000 USD along with requiring that quantity to be expended each year.

With both business and personal models, the American Express Centurion is a charge card without any rate of interest (because you be forced to pay off the total amount entirely every charging period), no pre-set expending limit, and no international purchase fees. It doesn’t provide a register bonus, but needs a one-time initiation fee of $5,000 as well as a $2,500 yearly fee – the biggest fees of every credit card on the marketplace. To understand more about Centurion’s payment and fees policy, take a peek at the Centurion card member contract.

That card seems so awesome. I would like one right now. To bad this time I don’t satisfy the minimum centurion card spending requirements though. I contemplate what the rates of interest on these types of exceptional cards are and how lots of people keep amounts on them.

Clearly, the earliest perk that captured my attention was free of charge associate flight ticket on worldwide flights when purchasing one full-fare ticket. Amazing! Supposing you purchase top class (and why wouldn’t you? You’ve got a black card!), the free of charge plane ticket for your journey buddy would excuse the yearly fee and more! I have  examined: top class fights to The uk from Canadian perform in the neighbourhood of 5,000 USD – that’s a second time the yearly fee. Visualize being capable of getting that free of charge for a close friend or lover?

Master Card and American Express

Gold credit card. Close-up image Platinum AMEX Centurion Card

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