Is carrying a status symbol around in your wallet where no one can see it worth $10,000?
If you want to skip lines, get free flight and hotel upgrades and be part of a sort-of secret society … maybe?
Although American Express reps refuse to talk about it, the company offers an invitation-only Centurion Card (the “Black Card”) that boasts an initial $7,500 activation fee and $2,500 annual fee but includes no signup bonus.
Takeaways? Initial excitement followed by misgivings about the card’s benefits as compared to his AmEx Premier Rewards Gold card, which accrues points at a faster rate than the Centurion, despite fewer additional travel benefits.
“I’m such a points person,” he says. “I think I need to think more about the perks, maybe.”