Business Centurion Credit Card
Have you ever wonders how anyone is able to spend $250,000 in purchases a year to become and stay a Black Card - Centurion Cardholder? Very simple, they own a profitable business that makes at least $250,000 in profits per year. Most Centurion Cardholders are business owners, so they put all their business expenses on their credit card. At the end of the month, they pay the credit card off will the profits received. The average person will be unable to obtain a Centurion black card unless they win the lottery and have a ton of cash to spend.
American Express business cardholders must first have a platinum credit card before getting the opportunity to become a Centurion cardholder. The AMEX Platinum credit card has up to a $$25,000 to $50,000 credit limit. If you want to become a Centurion cardholder, you should consider maxing your limit each month and then immediately paying the balance off. Completing this exercise will show AMEX that you need another type of credit card with a large credit limit, which is the Centurion. Give Amex customer service a call after you have spent $250,000 with your platinum credit card and request for the Centurion Black Card.
Business owners that are approved and pay the $5,000 initiation fee will receive a Centurion Welcome Kit within the next few weeks. Itís important to remember to continue to spend at least $250,000 a month on your Centurion card or you will be downgraded at the end of the year back to platinum status. Business owners with the Centurion Black Card will be able to take advantage of Centurion member only discounts, travel discounts, and luxurious gifts.
The Centurion Credit Card balance must be paid in full at the end of each month. Even though the Centurion is considered a credit card, AMEX requests that you pay the card off in full for each pay period. Any missed or late payments will send you back down to platinum status.