Related: Credit Card Concierge Services – Which Cards Do It Right? Flight UpgradesĬardholders receive automatic upgrades on fifteen of the world’s top airlines, as well as automatic Platinum Status on Delta and US Airways free seat selection priority check-in and baggage delivery and excess baggage allowance and limousine services. “I was at a Fairmont Hotel and got a free round of golf, a room upgrade to a beautiful suite, spa and food credits. ![]() It was incredible,” says the Canadian Centurion member.Īnd, they don’t forget birthdays either. They came back to me with all the details and costs they had worked it all out. I called up American Express to arrange a private event with Clapton. Unfortunately, none of Clapton’s tour dates coincided with where we would be. “Once I wanted to treat an acquaintance to concert tickets for Eric Clapton. Basically, you get your own private travel agency with over 5,000 advisors globally. If I had to encapsulate the range of benefits in a word, it would be “service.” Personal Concierge and Travel ServicesĪll Centurion cardholders receive personal concierge services for travel, restaurant bookings or anything else. others’ reactions when you use the card.)Įach benefits package is customized to the cardholder based on her/his lifestyle and region, with a big emphasis on airline and hotel upgrades and exclusive Members Only experiences. (Let’s not underestimate what one cardholder calls “the plunk factor”- i.e. Related: Best Credit Cards That Waive Foreign Transaction Fees Key BenefitsĪre you sitting down? The Centurion card comes with a cornucopia of tangible and intangible benefits. There are no foreign transaction fees, but there is a $38 late or returned payment penalty and an annual interest rate of 30% for unpaid balances. To keep the card, you must maintain a high annual level of spending (generally above $250,000). ![]() You can have up to two additional cardholders for $2,500 per year. Members and authorized users receive two cards: the black charge card and an access card for the airport lounges. The initiation fee for the hand-forged, hand-engraved and embossed Centurion card is $7,500, with an additional annual fee of $2,500. ![]() The adage, “If you have to ask the price, you can’t afford it,” comes to mind, because the card’s fees are certainly steep. The illusive invitation is only the first hurdle. Extra-large charges are approved on a case-by-case basis, so don’t forget to give Amex a call before you buy your Modigliani. Cardholders have used it to buy jets, a Bentley, a $170 million Modigliani painting at Christie’s auction, and pretty much anything else that money can buy-as long as the balance is paid in full at the end of the month. The Centurion card is not a credit card but a charge card. Both business and personal versions of the card are available. The average cardholder’s annual income is $1.8 million USD, and the average net worth of Centurion cardholders is $11.4 million USD. Rumour also has it that if you have high deposits at a private bank, your banker could approach American Express on your behalf to request an invitation. Spend at least $100,000 – $450,000 a year on another American Express card, typically The Platinum Card®.Own an American Express credit card for at least one year.In order to be considered for a Centurion card in Canada, you have to meet the following criteria: According to a long-time Centurion cardholder based in Western Canada, “the invitation came in a beautiful black mahogany box with a prototype of the actual titanium card, engraved with my name, along with a catalogue of the range of benefits. One fine day you may receive an invitation to become a Centurion club member. How to Make Your Mortgage Interest Tax Deductible.Should I Use a Personal Loan to Pay Off My Credit Card Debt?.Tax Changes Canadians Need to Know About.A Look Into A Decade of Canadian Spending.Crypto Trading Tips You Need to Know About. ![]()
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