Are the Business cards less "prestigious"?

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Dr.Mark
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Postby Dr.Mark » Tue Apr 08, 2014 4:08 pm

jlam572 wrote:Personally I view them as less prestigious because its not a personal card. Your business could be booming but youre barely scraping by...and you could have a business centurion.

I was offered the business platinum. I don't own my own business, so my GF said that AMEX must think im a Brabus dealer from all the parts I buy haha.


Yeah, that is exactly what I was thinking. You can manage a lot of money and then earn a minimum part of that.
Which is why I won't probably get an AmEx Business when next year I'm going to start my own company.
[font=Times New Roman]American Express PRG[/font] [color=green][NPSL][/color]
[font=Times New Roman]British Airways American Express[/font] [color=green][9000£][/color]
[font=Times New Roman]American Express Platinum Cashback Everyday[/font] [color=green][6000£][/color]
[font=Times New Roman]Barclaycard Platinum[/font] [color=green][16600£][/color]
[font=Times New Roman]Virgin Balance Transfer[/font] [color=green][9600£][/color]

TCL - [color=red]41200£[/color]


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Dr.Mark
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Postby Dr.Mark » Tue Apr 08, 2014 4:10 pm

nismoZtuner wrote:that's $209 according to Google currency.

-I do have a friend in japan that pays about $275 for the PRG. (he should have applied for it here in the US before leaving to Japan..

Yeah, I didn't check but if you did that is what it is.
Are you actually sure that when you move your card to another country you don't have to pay the AF they charge in that specific country?

jlam572 wrote:My uncle has the best deal on his AF. Centurion for 1000 a year. Grandfathered in. Lucky bugger lol


Well, that is a GOOD DEAL! You should make him add you as an Authorized User! ;)
[font=Times New Roman]American Express PRG[/font] [color=green][NPSL][/color]

[font=Times New Roman]British Airways American Express[/font] [color=green][9000£][/color]

[font=Times New Roman]American Express Platinum Cashback Everyday[/font] [color=green][6000£][/color]

[font=Times New Roman]Barclaycard Platinum[/font] [color=green][16600£][/color]

[font=Times New Roman]Virgin Balance Transfer[/font] [color=green][9600£][/color]



TCL - [color=red]41200£[/color]

linuxmachine
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Postby linuxmachine » Tue Apr 08, 2014 4:35 pm

Dr.Mark wrote:Yeah, I didn't check but if you did that is what it is.
Are you actually sure that when you move your card to another country you don't have to pay the AF they charge in that specific country?



Well, that is a GOOD DEAL! You should make him add you as an Authorized User! ;)


The AU fee is 2500 (more than the primary cardholder!), although I'm not sure if a grandfathered card can add at grandfathered AU rates? hehe

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FastSRT8
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Postby FastSRT8 » Tue Apr 08, 2014 5:26 pm

I know that Business Centurion cards are not as prestedious as Personal Centurion cards.

my 2 cents
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Postby FastSRT8 » Tue Apr 08, 2014 5:30 pm

jlam572 wrote:My uncle has the best deal on his AF. Centurion for 1000 a year. Grandfathered in. Lucky bugger lol


Are you sure about this? I think your uncle may be pulling your leg.

As a current Centurion card holder, I can tell you that Amex does not have 'grandfather' clauses for the Centurion card.

IF the rates go up, you pay the increase. If you don't want to pay, then you give up the card and they make you move to a lower level. This rule applies across their product lines. Ask anyone with an Amex and they will concur.

This is confirmed by myself and a few friends.

Please check... don't want to give people hopes through bad intel
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nismoZtuner
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Postby nismoZtuner » Tue Apr 08, 2014 5:32 pm

Dr.Mark wrote:Yeah, I didn't check but if you did that is what it is.
Are you actually sure that when you move your card to another country you don't have to pay the AF they charge in that specific country?



Well, that is a GOOD DEAL! You should make him add you as an Authorized User! ;)


Well they don't charge foreign fees so he can just say he`s on a trip- He can still check his stuff online.. My guess..
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nismoZtuner
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Postby nismoZtuner » Tue Apr 08, 2014 5:33 pm

FastSRT8 wrote:Are you sure about this? I think your uncle may be pulling your leg.

As a current Centurion card holder, I can tell you that Amex does not have 'grandfather' clauses for the Centurion card.

IF the rates go up, you pay the increase. If you don't want to pay, then you give up the card and they make you move to a lower level. This rule applies across their product lines. Ask anyone with an Amex and they will concur.

This is confirmed by myself and a few friends.

Please check... don't want to give people hopes through bad intel


aww man :(



-----kidding!
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Kaiokenryu
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Postby Kaiokenryu » Tue Apr 08, 2014 9:47 pm

jlam572 wrote:Personally I view them as less prestigious because its not a personal card. Your business could be booming but youre barely scraping by...and you could have a business centurion. I was offered the business platinum. I don't own my own business, so my GF said that AMEX must think im a Brabus dealer from all the parts I buy haha.



i wholeheartedly disagree..unless you are a true corporate card
remember that you most often the manager for the business...its success is in part due to you. I would stick my chest out if i had a premier business card....it means MY credit was good enough to be the basis of the extension of credit....and thus if the business shines.......I shine. anyone who has come from zero....to top 5-10% of income earners FROM the business....would agree with me I think.

There is ZERO shame or lack of prestige in having a ultra premier business card.....especially if its YOUR name on the card.....but I'd rather have my name on the building marquee. If I reach that status.....my reputation is bigger than the card issuer's.

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Postby Kaiokenryu » Tue Apr 08, 2014 9:53 pm

its funny that this thread came up....
I work for a modest 9 billion dollar market cap company.

I had to go and buy paper for the store with our corporate card today....I went to office depot and when I pulled the card out of my wallet......the cashier asked "how much credit is on this card"? my reply was: "I'll say this....the credit limit for just my location pissed me off".

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Postby takeshi » Wed Apr 09, 2014 9:50 am

Dr.Mark wrote:I found myself wondering whether the AmEx Business are seen, is some kind of way, as less prestigious compared to the personal cards. What do you guys think?

I think credit card prestige is overrated but I'm sure I've said the same thing in other threads as well.



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