- Centurion Member
- Posts: 181
- Joined: Fri Apr 12, 2013 4:47 pm
- Location: Indianapolis, IN
Each card came out as AMEX tried to provide more premium products for more elite and status-conscious members. Originally, it was the Green card, which was just the American Express card. The Green is good for the average consumer who doesn't like to carry revolving debt but still wants okay-ish perks. Then Gold (and premier rewards Gold), which come with a higher fee and *now* has dining and some travel perks for semi-affluent non-globe trotters. Then Platinum, with a higher fee still, and more features for the affluent and business travelers. Then there's the Centurion card, which is pretty much the same as the Platinum, except with far better customer service, concierge, and is intended for the super affluent - FastSRT8 has one, and considers paying for a car on the Centurion.
This provides a very good example of what the different cards are used for. Started just as a convenience, then it became a status symbol, so higher tiers kept being introduced to keep up with the growing numbers of members.
Scores on the mend...
FICO: 650 and holding
Cards I Use Chase Amazon Prime VS, Capital One QuickSilver MC
Sock Drawer Discover IT, AE Visa, CareCredit, CreditOne (keeping for history for now). Various store cards for history and utilization padding
Short Goal Reach 680