nismoZtuner wrote:My dream since i was probably 8-9 years old was the American Express Gold Card. i would see all those fancy people on Tv with them and that just made me want to have one- alter on i found out that Amex was not the easiest bank to get approved from but when i turned 20 i went ahead and applied- to my surprised i was instantly approved! felt special hahah
i have had a couple of issues where some places even friends think the card is fake somehow.. all i have to do is swipe- Feels like whatever now -_-
I thought the same thing when I was just starting out (late 1980s). The Amex Gold Card was something of prestige. I applied for the Green, which I thought was cool in and of itself, then I eventually got the Gold and then I learned of the Platinum and thought that was even cooler and got that. I held onto it for a few years.
Today, I just don't care about the design/color of the card. My dream cards, which I have, have a different criteria these days:
1) No annual fee or, if there is an annual fee, it should be offset by services I'd otherwise buy during the year to equate to no annual fee
2) An ample, but not overly, credit line. I want enough credit to where my day to day use is unaffected or even if I need to carry a balance for a month or two then it's not a big deal. I don't want nor need enough credit on a card to buy a car. I actually tell the banks to reduce the limit and not auto-increase it.
3) Good customer service - I won't put up with crap.
4) One of each: Amex, Visa, MasterCard, and Discover - It's really more of a "Just in case they don't take..." situation.
Now, if I made more money, let's say I made $millions/yr, then I think I'd approach the cards in much the same way but with increased limits as I'd be spending more. I don't think I'd get a Centurion Card, which would be what most would think of, unless I could justify the expense of one based on the services.