Amex Centurion Membership Decreased in 2008

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fffresh
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Amex Centurion Membership Decreased in 2008

Postby fffresh » Sun Feb 08, 2009 10:54 pm

I have heard that the total cardmember base for the American Express Centurion decreased slightly within the US over the past 12 months. I do not have access to any specific numbers and obviously we cannot confirm this piece of information for sure, but this is something which seems like a natural circumstance given the economic conditions.


Extreme z28
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Postby Extreme z28 » Mon Feb 09, 2009 11:01 am

They're just making room for me. :D

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Cucumber
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Postby Cucumber » Tue Feb 10, 2009 2:21 am

Extreme z28 wrote:They're just making room for me. :D


Nope, actually for me :ppp
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Postby Demon » Tue Apr 07, 2009 1:03 am

As what I know,
the Centurion members in HongKong is increasing,
many Platinum members got the Centurion invitation.
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fffresh
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Postby fffresh » Sat Apr 11, 2009 10:49 pm

Demon wrote:As what I know,
the Centurion members in HongKong is increasing,
many Platinum members got the Centurion invitation.


I think your part of the world may be the only part that still has a growing economy. Here in the US many cardholders are downgrading from Centurion to Platinum or canceling their American Express altogether.

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Demon
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Postby Demon » Mon Apr 13, 2009 1:45 am

fffresh wrote:I think your part of the world may be the only part that still has a growing economy. Here in the US many cardholders are downgrading from Centurion to Platinum or canceling their American Express altogether.


No, HongKong also face the economic problem as other countries.
I have created an AmEx Cards Fans Club at facebook,
some of HongKong members told us that some of their friends who is holding the Platinum Card have got the Centurion invitation.
But an AmEx staff told me that the approval is much tight now respones to the economic problem.
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Postby CenturionNL » Mon Apr 13, 2009 7:47 pm

Demon wrote:No, HongKong also face the economic problem as other countries.
I have created an AmEx Cards Fans Club at facebook,
some of HongKong members told us that some of their friends who is holding the Platinum Card have got the Centurion invitation.
But an AmEx staff told me that the approval is much tight now respones to the economic problem.


So who is telling the truth?????????
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Postby Mogul of Pineapples » Thu Apr 16, 2009 1:35 am

CenturionNL wrote:So who is telling the truth?????????


It's hard to say for sure. We can be sure though that American Express would never say their credit requirements for the Centurion card are not tight. They will always make the card seem and sound as exclusive as possible, even if it is not quite as exclusive as they make it sound. In an area like Hong Kong I would imagine it's not as rare since the incomes of so many business men there qualify.
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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Postby bravo4 » Sat Sep 26, 2009 8:25 pm

Mogul of Pineapples wrote:It's hard to say for sure. We can be sure though that American Express would never say their credit requirements for the Centurion card are not tight. They will always make the card seem and sound as exclusive as possible, even if it is not quite as exclusive as they make it sound. In an area like Hong Kong I would imagine it's not as rare since the incomes of so many business men there qualify.


I think it is still pretty exclusive, Mr. Mogul. I mean, only 20,000 in the entire USA? Spending $250k in one year is no small feat and usually means your're at the top 1% of income in the USA, not everyone, but most, and of those, less than .05% have one... wow. What are you basing your judgements on, jealousy? I have a card. I can make it less exclusive by adding additional cardholders, but it still costs a fortune and that alone can make it pretty darn exclusive.

No offense or anything, but I would like to understand what you are basing your assumptions on.



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