Is this true?

[florida4sun]

The amex black costs nothing, no credit limit. These are given to the high rollers and number in the hundreds only. Amex is not a credit card is a charge card there is no interest. I was nt rying to comapre cards just pointing out exactly what an amex black card is. Discovery did a documentry all about the Amex Black, a real eye opener.



<blockquote id="quote" class="ffs">quote:Originally posted by chrizzy100
I would expect it to be at $2500 a year...but coming down to Earth..the normal invitation only cards are well worth trying to get...I can buy a new car or moterbike on ours...at 1% interest I call that a good deal...
[/quote]

[andy and ann hales]

With regard to traveling to the US during this time.

I have never known anyone to have a problem but I was told of a case by a nurse friend of mine who did have a problem. Immigration officer was not sure if she would go home after her trip. It was recommeded she had a letter from employer to say she was still employed and had to return to her job.

I guess I need to think along these line because we have planned a visit next month.

[SDJ]

Amex Black Card is GBP650 per annum. NatWest Black is GBP250 per annum with the same perks.

Sandra

[florida4sun]

Not the one I saw on the TV.

<blockquote id="quote" class="ffs">quote:Originally posted by SDJ
Amex Black Card is GBP650 per annum. NatWest Black is GBP250 per annum with the same perks.

Sandra
[/quote]

[blott]

Nat West doesn't do anything for your credit rating though, to answer the original question.

[florida4sun]

true, the thread does seam to have gone off track sorry[msnembarrased]

<blockquote id="quote" class="ffs">quote:Originally posted by blott
Nat West doesn't do anything for your credit rating though, to answer the original question.
[/quote]

[esprit]

It certainly doesnt, I was with Natwest and had a credit card from them with a £10000 limit on it in my pocket when Bank of America, with whom I had banked as a homeowner for seven years, offered me a secured card with a $500 limit provided I secured the payments with $100 in a savings account!! Amex does help your rating but as stated it has to be either a much used and long standing account or an a premium Amex card.

[andycoll]

<blockquote id="quote" class="ffs">quote:Originally posted by SDJ
Amex Black Card is GBP650 per annum. NatWest Black is GBP250 per annum with the same perks.

Sandra
[/quote]

My boss has an Amex black and he tells me there are no charges and the credit limit is the net worth of you capital holdings i.e. if he has capital holdings of 50 million then that’s his credit limit.

And he also says they don’t give them out very often just to a select few

[agod]

Amex do all sorts of weird and wonderful cards, I have an Amex Platinum card, I have been a member since 1984, it says it on the card, I also have heard that it is worth holding into to it for the vey reason you mention, in case I move across the pond, so I pay £275 per year for it, and it is a complete waste of money, as very few retailers like taking it, because of the high charges, it has got the benifit of travel insurance, but so have many others, I am not sure what the bottom line is to aquire one nowadays though, it is buy invitation and they require payment of the debt pretty pronto too.

The amex black or its also known as the centurian, is generally for the extremely wealthy, pop stars and the like, still a charge card that has to be cleared on a monthly basis, also has a personal assistant.

The Nat West Black is better, it is a credit card, and comes with your own assistant as well, also which is handy, is memership to the Priority Lounge's at the airports around the world, also has travel insurance, and it requires income of £70.000 per year.

Alan

[KJH]

Good to know, I've had Amex for years and use it regularly in USA. Especially Costco.