Paying $495 a year to borrow money at usury interest rates with no benefits like Amex, and then to insult people for pointing out how bad this card is makes you by far the dumbest person to have posted here.

This has nothing to do with whether another card charges more or less, it has to do with what makes sense for the individual getting the card. Banks don’t all charge the same for house or car loans, that doesn’t make one person dumb to use one bank and another person smart to use another. I currently use 6 different banks, private investors, credit cards and to suggest one source is bad because you can get a slightly better deal elsewhere is completely idiotic. Sometimes I feel we should drop these dumb people into the ocean about 20 miles from shore without life jackets. To all you DUMB people, get educated.

I received the “per-approved” application in the mail and applied online that same day. I’m really not one for researching, and I’m extremely materialistic, so I can’t even tell you how excited I was to receive the approved card in the mail a week or so later.

After receiving it, I figured I would compare this card to the American Express Platinum card, and I found that for the Visa “Black Card” I would have to have roughly 118,000 points to get a ANA business class ticket; whereas, I would only need roughly 85,000 points to get an ANA business class ticket with American Express.

In addition, the Visa Black Card only allows 1 point for every dollar spent, and Amex has a point tier system where you can earn multiple points depending on what you buy. Overall, don’t apply. There are wayyyyy better cards out there. I’m embarrassed that I applied. The customer service rep was unbelievably rude, so I cancelled my account.