AMEXGoldfan wrote:I have an Amercian Express online savings account and was wondering if someone had enough money in that account, would that trigger an invite for an AMEX Black Centurion card? Not that I have that concern yet, but what if you had $5-$10 million in an account with them? IMHO, it seems plausible. What do you think?
it probably will. but if you have that much money, why you want to put it in the amex saving account. people who has over 10 mm in cash, they will put in the large institution or their private bank or invest in hedge fund with good return. but i do see your point.
regarding previous post, you will be surprised that some of wealthy people they use debit card more often than credit card, why, they can, and they have enough cash.
imagine this (not fiction, but not pointing to anyone). if you make $150 million a year, and have about $20 million in cash of all your accounts. so do you really care about your credit score? no, you have enough to buy whatever you want to buy. all you are care about now is is next year will i make my next billion? that is the difference between that 0.001% and us