If you got an invitation for the Amex Centurion, would you spend $7,500 for it?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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DoingHomework
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Postby DoingHomework » Tue Feb 22, 2011 10:28 am

bravo4 wrote:Another jealous hater. Sheesh.

I travel enough to make it more than worth it. I love it. Oddly enough, mine stays in my wallet (unless I need it to get into an airport lounge or something) and I use the SPG Amex because I like those points. I just like and use the travel benefits. So it is not a prestige thing for me at all.


Bravo4, Could you post a direct comparison of what you get with platinum and what you get with the black card? I still don't see the extra benefits being worth the extra annual fee. Perhaps if there were a clear benefit I would consider it.


bravo4
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Postby bravo4 » Tue Feb 22, 2011 10:38 am

DoingHomework wrote:Bravo4, Could you post a direct comparison of what you get with platinum and what you get with the black card? I still don't see the extra benefits being worth the extra annual fee. Perhaps if there were a clear benefit I would consider it.


For me, it is mostly the elite status. I have been upgraded on US Air 100% of the time, on CO 85% (though that is going away), and DL 60% of the time. That's worth something. Also lounge access when traveling international as Star Alliance Gold (don't get that on Plat), and my personal concierge is awesome. I've received gifts from Amex worth $500-$1000 a year. It all just depends on how you use it, IMO. It's a personal choice and preference.

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Elliot Castro
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Postby Elliot Castro » Wed Feb 23, 2011 5:18 am

For me, it is mostly the elite status.


Isn't that what I said?

There is a sucker born every minute... Amex has always made their profits on that.

bravo4
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Postby bravo4 » Wed Feb 23, 2011 1:11 pm

bravo4 wrote:For me, it is mostly the elite status.


I was referring to the airline elite status for the upgrades, not the card itself (if you'd read the entire post, you might see that) but I can see how short-sighted haters like you would get something else from that statement.

Typical jealousy and hatred. Keep it to yourself. Spare the world. Thread crap elsewhere.

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Mogul of Pineapples
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Postby Mogul of Pineapples » Thu Feb 24, 2011 7:19 pm

I would choose the JP Morgan Palladium card over the Centurion, given its cost is much lower.

As jeffysdad said, this "problem" of having to decide between a Centurion or not is one I'm not lucky enough to have!
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

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rohnin
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Postby rohnin » Fri Apr 13, 2012 8:53 pm

bravo4 wrote:As part of my consulting services, I help people obtain the card. It costs around $10k to get it using my methods, but I have yet to hear of anyone say it isn't worth it and not a single person I know of who obtained it cancelled it. So it must be worth something to someone or they wouldn't sell any, right?


How can I get this card? I called Centurion recently and asked about criteria, and the only answer I got was that they would note interest on my account but would not disclose any other details.

Philosophuer
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Postby Philosophuer » Mon Apr 16, 2012 6:57 pm

rohnin wrote:How can I get this card? I called Centurion recently and asked about criteria, and the only answer I got was that they would note interest on my account but would not disclose any other details.


The black card is like a Ferrari of credit cards, it's made for the elite, there nothing wrong with that. It's invitation only, which is cool. I don't have and probably won't get one ever, but 3 of my clients do and they love it. The fee is there and those who can afford it pay it. If you were worth a couple million, u would want something not everyone has, it's just human nature n just ego , we all have one.

Why do people argue over the BENEFITS. The BENEFITS ante geared toward those who the card is geared toward, the wealthy. So point being, we all can drive a Honda from point a to point b, but, wouldn't you want to speed from point a to point b in a Ferrari, is it a necessity, NO, but is it damn cool, yup! And the main reason you don't just see everyone with the BLACK CARD, is because it depreciates the value. Hence why you don't see a Ferrari every where, but when you do, it's magical!!

DoingHomework
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Postby DoingHomework » Tue Apr 17, 2012 10:39 am

Philosophuer wrote: If you were worth a couple million, u would want something not everyone has, it's just human nature n just ego , we all have one.


I doubt it. Most people who are "worth a couple of million" are just ordinary people who are smart with their money. They can afford to do what they want but that's mostly because their wants are not so extreme. They don't let their decisions be driven by ego.

The people that you are talking about - the ones driven by ego and trying to keep up with the next guy - they are generally broke or headed that way. They might make a lot of money but they spend it fast. They have nothing because everything that comes in goes out within the month. Maybe they drive that new Ferrari, but only because they have a hefty payment on it. When the economy slows a bit, they have to sell at a loss and eat beans and rice for a while. But they still talk about the good times and act like nothing has changed.

I'm easily worth a couple of million but would never get a fancy credit card just out of ego or because my friends have one. I would certainly consider the Centurion card for $2500 a year IF the benefits were something useful to me. But the $7500 initiation fee would likely be a deal breaker for me.

Philosophuer wrote:Why do people argue over the BENEFITS. The BENEFITS ante geared toward those who the card is geared toward, the wealthy. So point being, we all can drive a Honda from point a to point b, but, wouldn't you want to speed from point a to point b in a Ferrari, is it a necessity, NO, but is it damn cool, yup! And the main reason you don't just see everyone with the BLACK CARD, is because it depreciates the value. Hence why you don't see a Ferrari every where, but when you do, it's magical!!


Ha! I drive a Honda. I've looked at buying a used Ferrari. They can be unbelievably cheap when you compare to what they cost new! But no one thinks about how much it cost the poor, dumb, insecure sucker that bought it new to impress his friends.

Philosophuer
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Postby Philosophuer » Tue Apr 17, 2012 11:35 am

True, buying it used is the same as new, a Ferrari is a Ferrari so I agree, but it's not my worry, I'm just worth a couple thousands, I got a lot of work to do to even get to the RANGE ROVER level. :(

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Postby JCarter » Tue Apr 17, 2012 11:46 am

bravo4 wrote:Platinum gives you *some* of the benefits, lots missing though, the biggest:
- Airline status
- US Platinum
- DL Gold
- CO Gold
- VS Gold
- Personal concierge (this is very handy, IMO)
- Extra amenity at FHR hotels
- Various hotel elite status
- Unlimited priority pass ($395 to purchase this separately)

What are those worth? Depends on how much you travel.


Platinum does include the concierge.



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