Ultra Elite Credit Cards

For just about anything you want to get off your chest about credit cards.
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Ultra Elite Credit Cards

Postby InCreditWeTrust » Thu Apr 19, 2012 12:10 pm


Interesting news report about ultra elite credit cards.

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Postby jeffysdad » Thu Apr 19, 2012 12:28 pm

Really? I'm an Obama-loving, knee-jerk liberal and even I have to call "class warfare propaganda" on this.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

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Postby crunching_numbers » Tue Apr 24, 2012 5:09 pm

I don't see why credit card companies catering to the 1% with ultra elite cards is any different than having rebuilder cards. There is a specific market. Provide an appropriate product for them. They are 4% of the spending.

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