This isn’t a good video mainly because you don’t know all the things this card offers. Not to mention you’re first complimenting the cards and then at the end of the video uncertain if it’s worth it. Too indecisive of a video.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
We have a family business, a lady once walked in and gave me this card to charge for a hefty purchase that she decided on in less than 2 minutes. I inserted it into the machine and it showed an error (my fault). I looked at her and said ‘ma’am, maybe you’ve run out of money on this card’ She laughed for 5 minutes straight. It’s only later I found out that she was one of the elite in Hong Kong😂😂😂
This card is primarily beneficial to business people. The truly rich don't need or want any of the "perks" involved with it. For example a "concierge" when traveling. They have their own personal assistants that handle everything for them. Airline perks mean little to someone who owns his/her own personal jet. Hotel perks are meaningless when you can just have your people arrange your bookings in the finest suites of the best hotels etc. Of what benefit are cruise ship perks to someone who owns their own yacht or can charter one whenever they feel like it? No this card is only of interest to those who have to work for a living such as top level attorneys or business people who have a high level of income but still have to work very hard to make it and usually the card is issued to the business and used by the individual. There is a big difference between multi-millionaires and billionaires. I doubt people like Bezos would be found anywhere near a commercial airline or cruise ship.
10,000+ have the card and that doesn’t include anyone in this comment section and no one but them know all the perks, so I’m gonna ignore the “trust me bro” explanations and go with “the card is useful to the rich,that’s why they use it”
I've only known 2 people that owned this card. Both of them are so low-profile, you won't even know they're rich. I've had the privilege of holding the card and it's metal. It's got some weight to it. What does a poor person like me to do? MAKE IT CLINK ON THE TABLE. This happened in 2 different settings. Separately they said the same thing: "I just knew you would do that!" LMAO
Same. My boss actually has a black card, but he declined. He showed us proof too so he didn’t just say it to say it. But he definitely isn’t one person I’d expect lol
@@anthonymeier628 multi millionaires can afford one too. Plus you get one if you have a high enough credit score. Whoch you can get by having multiple amex cards
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
It's important to keep in mind that investing is a zero-sum game with both good and bad days. However, by spending and investing wisely and diversifying your holdings, you can minimize risks and maximize gains. Hiring a knowledgeable investment advisor with a wide range of options can help you achieve this and leave little room for regrets.
@@valeriepierre9778 I personally worked with an investment advisor to diversify my $200k portfolio across multiple markets, resulting in over $980k in net profit from high dividend yielding stocks. With the right guidance, you can also make informed investment decisions and achieve your financial goals.
thanks for sharing this, I googled the advisor you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
The $5000 USD annual fee comes with some unusual perks. There are sales at many retail stores that are for Centurion card holders only. They open the store after regular hours to allow better customer service. There is also a concierge service where you can call a number 24 hours per day to get information on specialty stores, restaurants etc. I have a friend who worked there. He would get an art supply or music store to open at 3 am because a celebrity wanted to buy stuff. That was spur of the moment and not pre-planned like the late night sales. Same with an Amex member restaurant. Someone would get out of bed and make a full meal to deliver to a tour bus or hotel.
A guy wearing a t-shirt, shorts and sandals walked into an extremely exclusive boutique. He only bought a tie with his AE Black Card and end up with the phone number of EVERY sales girl of the store.
Back in the early 90's I was a sales rep for a telco company out for a meal with a number of colleagues. The bill came and the 'Amex Topper' Game was played - this is where the lowest card also paid for the the highest card's meal. So there was the usual card's/corporate green cards, a few gold cards one platinum card (mine) and then from the quietest guy at the table a black Centurion card lands on the top of the pile. Everyone stop talking. We had heard of it, but never seen one. The owner, said, 'Not to worry lads, it's on me tonight'. The waiter called over the Manager, as he had not heard of or seen one, the manager also had not seen one. The guy chuckled and said he should call Amex and just read out the name and number and things would be verified. The manager did so and as the bill was processed we got two bottles of Champagne, on the house, to finish the evening. When pressed by the people on the table all he said was 'You have to be invited to own one and it works everywhere, even if the place does not accept Amex'. Never seen one since.
My coworker and friend in France has one. He's not making over $1M a year, but he easily puts $250K a year on it. The card has helped us with restaurant reservations, like getting into the Jules Verne restaurant in the Eiffel Tower, on 2 days' notice, which usually takes 6 months or longer to get. Otherwise, its the same concierge you get with the Platinum AMEX card. We've traveled to Dubai on the card and I've never seen the extra airport help/special check in/or private security line you mention.
Disaggree - it is a separat team supporting 24/7. It is about your whishes and what you can afford. Tennis Training with Nadal in Spain Mallorca? Super Bowl Cards? They make it possible
My former boss had/has a black Amex, one day he invited us out for drinks, all great. At the end of the night, our way to the underground station we stopped at McDonalds and he tried to buy a cheeseburger, ironically his black card was declined. Apparently Amex does not think a rich person would spend £1 at McDonalds.
I used to work at Burger King here in CH. A man showed me his Platinum Card. I just smiled and told him politely that BK doesn't accept any AMEX. Then he paid with his Debit Card. He was a tourist.
@@BehindTheBusiness most definitely you have to have a special invitation. All these fake black Amex cards that people are trying to get are not the real deal. It's just some insecure person wants to feel that they need to show off what they don't have. I'm not really impressed by anything I saw two in my life. And most the people that I did see him with didn't really look like much. But they had a lot.
That card is definitely full of perks, which very few can afford, but those perks are not actually "free". The annual costs of the card pays for a lot of that. Anyone who can fit the requirements should not hesitate, the prestige and benefits are worth it. The customer support is dedicated and can help cardmembers get priceless assistance. They can even help you get tickets to premium events for which anyone alone would not be able to.
I have the Platinum card and I haven't used all the perks enough to know if the Centurion card would be worth it. From what I have read and from reviews, there is a big difference between the Platinum card and Black card but that the same time there isn't. There is trade offs for the platinum card though like instead of private airport escorting, you can TSA pre check and then go to the lounges. You kinda get the same perks but they aren't private.
Yea! Some of the perks of the black card are specifically catered to that lifestyle but for the rest of us the regular platinum card works just fine :)
Umm the entry requirement for the plat card (let's say the highest of the 3) is around 2/300k annual income. In contrast, the black card is more likely to be in the 8 figures. So there's absolutely no way the benefits can be on par. As the video said, only those who own the card really know what benefits they are getting, so it's not for the rest of us to decide whether it's worth it or not
Amex Platinum Member since 2003, love the card and benefits though the benefits have shifted towards travel more than everyday perks. I would love the black card, just for achievement purposes alone.
I worked for a Ski Resort about 80 miles west of Denver managing one of the ticket offices. When the wonderful folks from south of the border would come up and go skiing, I would typically see 2 or 3 of the Titanium based cards a day. Every single of the gentleman were gracious and well spoken and would think nothing of buying their group of 8-12 people (grand parents their spouses, kids, their kids friends, the nannies, etc.) a full ticket for 7-10 days. Even when people were saying they wouldn't ski all that much. The buyer would typically say but you might... My wife worked at a store that not only sold high end clothing but top of the line ski and snowboard equipment. I would be asked where they could rent good equipment and I would give several names of shops including hers. She told me later about how much these large groups would come in and buy for their stay. A fashion forward ski jacket could start around $1200 Same for the ski pants. And of course, you can't ski in the same clothes every day.... They would also buy their boots instead of renting them so they would fit right. And probably the skis because the skis looked scratched. Most times, they would leave them behind when they left due to custom fees. The Japanese tourists would do the same with the equipment, but, according to our friends who worked in the hotels, they would leave them behind, especially Golf Clubs. I found that of the people who were using the Black card, most were quite, low-key foreign business owners who travailed extensively. And used the security features that the card offered when they traveled out of the country. Because, yes, I did see men and women with dark glasses on, and spiral corded ear buds, and noticed them talking into their cuffs. But the "Boss" ignored them and asked me politely to ignore them as well as he didn't want to spook his kids. .
I've seen the Amex Black Card in the late 80's before I moved from NYC. I stood behind a lady waiting to pay for purchases with my son, I was going to pay with my Amex Gold and the lady in front one upped me with the Black.
And he's probably still practicing. Since it's not a violation of professional ethics to support a crook, only a violation to support a crook in future crimes, which no doubt this lawyer was careful to disclaim and avoid if they were smart.
I worked years ago at Heathrow at car rental and met few people with these, always dressed subtly and tight spending money but the cards did authorise the quickest!
I first saw a black card when I was checking into Nickelodeon Hotel in Orlando 2009 - our check-in person had it...his dad was ultra rich banking family (so you never know by what someone does-what money they have) . Then I saw a black card at the orthodontist when a mom pulled it out to pay-I was told she owned a medical equipment company. I am in FLORIDA - MIAMI luxury capital- since then I am sure the number of AMEX Black running around has tripled💰💰💰 along with all the Bentley's. OWNERSHIP is overrated ACCESS is everything!!!-my billionaire friend's saying. May all who run or read this feed be blessed with health, joy and much prosperity!
'Black card' is just a nickname. The Centurion Card is the official American Express name. And you have got to be kidding... 1:55: "Amazon decided to capitalized on the whole ordeal..." Amazon? You need to proofread your script and QC your video. Unforgivable mistake. Source: filmmaker.
Saw one once while working as a front desk clerk. The guest that had it was pretty low key. In fact, he talked with me for a bit, telling stories from his time owning some other hotels. He might have been the wealthiest person I’ve ever had a conversation with, but he was no hassle about it. Quite a departure from the clown trying to be a baller that same night playing “let’s make a deal” over a bottle of Dom that he didn’t want to pay list price for.
Unfortunately in today's world, I would stay with the green one or maybe gold. Flash the platinum or black and people will take note and sometimes not for the better
No one cares. However, as a member you can up-/downgrade as you wish and even hold more than one card (you can hold a centurion and a blue card and use them at your convenience).
Merchants don't like Amex vs visa or mastercard because Amex charges a higher Comission to the Merchant. It's also not as widely accepted world wide. It costs too much . Warren Buffest would never use one.
I worked at Beaver Creek ski resort in Colorado. It caters to the super rich and I was selling private ski lessons for $795 a day. I handled many of these cards. The coolest thing about them is that they're not made of plastic, but rather some kind of metal that feels like polished stone. naturally they weigh quite a bit more than your typical card.
I know a couple who have their own black card. Didn't realize they had a black card until we were out to dinner, and I insisted that I cover the meal since we were staying at their home for a few days. She asked to look at the bill, and I obliged. She then grabbed my card, threw down the Centurion and wouldn't give mine back until the waiter came back with the receipt.
The Platinum AMEX has served me well with great benefits and many perks (many which were mentioned in this video). If you have that much disposable income to be offered the Centurion Card, have at it and enjoy the secret benefits .
While the black card seems cool, most of what it offers is not all that great. If you are really rich, most likely you already have a private jet. You would also have a personal assistant, at a minimum. Why would you need "airline miles or hotel points"? That just doesn't make sense if you are so wealthy already.
When Mercedes Mclaren was introduced for the first time in a car event, I asked the Mercedes guys if I could buy it right now, his answer: "Yes if you got an american express black" I was like sad face
I think he was pulling your leg. If you had produced the card, he would have lacked the means to process it. However, someone purchased a plane for USD 58 Mio, which was said to be the highest transaction down with a credit card (they say it was done with an AMEX Black Centurion).
I ran into a very nice gentleman who had one when I work in a high-end retail store about 20 years ago. We started up a conversation he told me everything that's in this video. He told me he does take advantage of everything and makes his life much easier. Also he mentioned it gets delivered to you in a very fancy box. Any retailer that accepts American Express has to allow card members to skip any wait no matter how long the wait is. Even if the wait is years. Crazy!
I've used my Black card everywhere I go. Some places actually give me grief and I'm being respectful of the establishment. It's either complete attention or none at all. 🎼 Chocolate rain 🎼...
The Centurion card is heavy in the hand and most credit card readers don't like that metal. The tap feature eliminated those problems. I've seen four of these in my life. I've read that the annual fees and spending minimums are high.
These cards are offered free to famous people to boost Amex. I was offered one in 1999 when I was CEO of a publicly traded company doing a lot of travel on my Amex Platinum card. I’ve been Amex card holder since 1968.
@@briencampodia8738 Wow!! Kind of in shock, you mentioned Mrs. Judith. She has proved beyond all doubt that it's worth generating wealth from crypto investment. I've been earning greatly
Good pointers about Black Amex, I’ve been a Platinum member since 1984, their service to member is excellent and enough for our needs. The Black Card was offered by the annual cost for our budget was prohibited.
I can’t imagine traveling enough to make the card worth its annual fee. I get that some want to flex, nut it’s not my thing. I have a BCP and they’ve been offering the Platinum for a while but it would be nonsensical for me.
My ex bf owns this. And I left him. Hahahahahahaah. There is a free fine dining lunch every quarter that AMEX extends to black card holders. But perhaps this is different from country to country. Perks are also higher tiered than Platinum like Net A Porter gives me $150 to spend but they give Black Card Holders $300 to spend from time to time.
Until the Saphire card offers a personal escort of 8 people to assist you to secret lounge at LAX where, they handle EVERYTHING for you and you go through a private security check and then driven to your plane, no the Saphire is not better.
I find it really funny that for its legendary greed, Disney doesn't offer a black Disney Visa that will allow users to get into any theme park free once a month and get all the perks of their lower level credit cards with it. I thought for a while that they would do this but so far, zip. Nothing.
Universal is also missing out on this. They should be offering a Wizarding World card that says "Gringotts Bank" and offers similar benefits. It still blows me away that neither is doing something like this, especially Disney. My debit/ATM card is a Disney card.
Gotten worse. How you know that ? Just asking for a friend, I’ll like you to explain how it’s gotten worse , about 95% of the people talking about the centurion card don’t have it ….Amex is a business that’s why amex double the fees for the card yet 100 of people is still trying to get into the club it’s not getting worse business is booming
❤ France algérienne Rolex Dior ❤❤ chances baraka Allah engel ❤❤ portable porche Ferrari Guess lanbogini BMW moto building Boeing guess bateaux avions ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤sir Ronaldo univers prince sultan ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤ all
I was offered one - fantastic presentation, however I’m not sure it is worth it over and above what the platinum gives you, especially because of the fee
ONe HUGE caveat: you do not necessarily get "NO limits" on it. It is based on what AmEx THINKS you can afford to pay back. If you make $5 million a year and want to buy a Ferrari with the card, AmEx's financial advisors look at your spending history and how you have paid back in the past and make a decision whether to let the sale through. You slap down the card to buy a $20 million yacht and expect to have the sale blocked. AmEx will likely put you in touch with your appointed advisor who will make a decision. I seriously doubt they will let a cardholder making only $5 million a year buy that yacht with the card because they know it can't be paid off in a certain amount of time. They are not naive and blind.
found one lying on my my Arab billionaire client's table I used to work with. He saw me look at it and I said wow, and he shrugged it off like its nothing hahaha
It’s a very American thing to get something that makes you feel important. When you drive a BMW you also have an access to a concierge 😂 Travelling on Delta with privileges, wow what an honor 😂😂😂 Now I want one 😂 especially since Seinfeld has one
Did he just say "Amazon" decided to capitalize on the whole ordeal......at 1:54. People need to "proof watch" their videos before publishing them, no wonder there are no many garbage videos out there.
Listen at 1:54 into the video the announcer say's AMAZON by mistake not AMEX. I had one of these cards - the 3 Million points I used for travel - LV Luggage & Cash back. I sold my company and had no use for the card and I sold the unusable closed Centurion Card for $650 to an artist (He used it in a piece of Artwork)
I would say that the Platinum is just like the Centurion and IF you know all the pros of the card you will enjoy as much! Obviously there is no Private Jet ride s are includes to Platinum but hey, If some one has the money to enjoy why Black? Platinum Amex has like 90% of the benefits and waaaaaaaay less fees! Your thoughts?
The first time I saw one of these bad boys in person was when I was working at the Apple Store in Lenox Mall (Atlanta, Ga.) and T-Pain comes in needing to replace one of his Mac towers that bit it…I helped him customize his new machine and when it was time to pay, he whipped out the Black Card…$16K later he was happy. 😊
I had a former boss who had one. It's also made of metal, not plastic, and I've heard you have to have a million dollars liquid assets available, as one of the qualifications.
Good video, but everything that was mentioned I already know and not that much different AMEX Platinum, I seen people who had the card and went back to Platinum and the reason the perks wasn't worth the price.
