American Express Centurion Living (Amex Black Card)

Banks in turmoil - How to protect yourself and your funds

2023-03-29T13:29:00.007-07:00

With Banks in Turmoil, how do you protect your wealth?

In the United States, bank deposits are protected by the Federal Deposit Insurance Corporation (FDIC), which provides insurance coverage up to $250,000 per depositor, per insured bank. This means that if your bank fails, your deposits will be insured up to this amount, and you will not lose your money.

To protect your money further, you may consider diversifying your funds across multiple FDIC-insured banks. This will help ensure that if one bank fails, you will not lose all of your money at once.

A great strategy is to hold your money in “Brokered CD’s” through your primary bank / Investment account. This allows your primary bank to purchase CD’s in the amount of $250,000 at other FDIC banks, giving you sensible protection backed by the faith of United States Government and the FDIC. Just make sure you do not exceed $250k per bank.

To ensure that your money is FDIC insured, you should confirm that the underlying bank or credit union is FDIC insured before purchasing the brokered CD. Additionally, make sure to keep your deposit within the FDIC limit to ensure that your entire deposit is covered by FDIC insurance.

“Brokered CDs” offer multiple terms from one month to ten years so there is a time frame for whatever your strategy may be

If you find yourself in this position this is the time to protect yourself while the financial markets resolve themselves and then it you can go back to business as usual.

Chase Sapphire Reserve - Great Card - Great Bonus - Great points program

2023-03-27T11:21:00.003-07:00

Not ready to start your Amex journey? A worthy competitor would be the Chase Sapphire Reserve Card. If you click the link below you will receive 60,000 points to start (worth over $900) and read below to see why its a great card to get!

Apply for a Chase Sapphire Reserve and get 60k Bonus Points! Click here to start!

The Chase Sapphire Reserve card is not just your average credit card. It's a card that's designed to elevate your entire travel experience. With its many perks and benefits, the Chase Sapphire Reserve is the perfect choice for anyone who loves to travel and wants to do so in style.

First and foremost, the Chase Sapphire Reserve offers an incredible sign-up bonus of 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening. That's a value of $900 when you redeem through Chase Ultimate Rewards. This bonus alone is enough to get you started on your next adventure.

But that's just the beginning. The card also comes with a $300 annual travel credit that can be used for things like flights, hotels, car rentals, and more. You also get access to over 1,000 airport lounges worldwide with Priority Pass Select. This means that you can relax and enjoy complimentary food, drinks, and Wi-Fi while waiting for your flight.

The Chase Sapphire Reserve also has no foreign transaction fees, making it the perfect card to use when traveling abroad. And if you're a foodie, you'll love the card's exclusive access to special dining events and reservations through the Chase Sapphire Dining program.

But that's not all – the card also offers a variety of travel and purchase protections, including trip cancellation/interruption insurance, baggage delay insurance, and purchase protection.

In summary, the Chase Sapphire Reserve is an excellent card for those who want to travel in style and get the most out of their travel experiences. With its generous sign-up bonus, travel credits, airport lounge access, and travel and purchase protections, the Chase Sapphire Reserve is a card that's worth considering if you're a frequent traveler or just looking to upgrade your credit card game. Highly Recommended.

10 Mind-Blowing Benefits of the American Express Centurion Card You Never Knew Existed

2023-03-27T11:01:00.004-07:00

Are you ready to discover some of the most incredible perks and benefits of the American Express Centurion Card? If you thought the standard rewards and benefits were impressive, just wait until you hear about these little-known gems. Get ready to be blown away by these exclusive benefits that are only available to Centurion Card members.

Private Jet Services - Imagine having access to your own private jet whenever you want. Centurion Card members can enjoy special rates and access to private jet services, making travel easier, faster, and more luxurious.
VIP Access to Fashion Week - Fashion lovers, rejoice! With the Centurion Card, you can enjoy exclusive VIP access to some of the most prestigious fashion events around the world, including Fashion Week in New York, Paris, and Milan.
Personal Shopper Services - Hate shopping? Let the Centurion Card do it for you. Enjoy the benefits of having a personal shopper who can source and purchase items on your behalf, so you don't have to lift a finger.
Luxury Cruise Perks - Take your travels to the next level with exclusive perks and benefits on luxury cruises. Centurion Card members can enjoy complimentary upgrades, special rates, and other VIP amenities when booking a luxury cruise.
Private Concerts and Events - Want to see your favorite artist up close and personal? With the Centurion Card, you can enjoy access to exclusive private concerts and events, featuring some of the biggest names in music and entertainment.
Dedicated Travel Agent Services - Travel planning can be a hassle, but not when you have access to dedicated travel agent services. Centurion Card members can enjoy the benefits of having their own personal travel agent to handle all their travel needs.
Fine Dining Experiences - With the Centurion Card, you can enjoy some of the best dining experiences around the world, including access to exclusive fine dining establishments and unique culinary experiences.
Luxury Car Rental Services - Why settle for a standard rental car when you can have a luxury car rental? Centurion Card members can enjoy special rates and access to some of the most luxurious rental cars available.
Access to Private Islands - Want to escape to your own private island? With the Centurion Card, you can enjoy special rates and access to some of the most exclusive private islands around the world.
24/7 Dedicated Concierge Services - Need something done? Just ask your dedicated concierge. Centurion Card members have access to 24/7 concierge services to handle any request, from booking a dinner reservation to arranging a private helicopter tour.

There you have it - 10 mind-blowing benefits of the American Express Centurion Card that you never knew existed. With these exclusive perks and benefits, it's no wonder the Centurion Card is considered one of the most prestigious and sought-after credit cards in the world.

Comparing the Centurion Card to other premium credit cards, such as the Chase Sapphire Reserve or the JP Morgan Reserve, and analyze how they stack up in terms of benefits, fees, and rewards.

2023-03-26T21:11:00.006-07:00

The world of premium credit cards is a crowded one, and there are many cards that claim to offer the best benefits, rewards, and perks. But when it comes to the cream of the crop, there are few cards that can match the American Express Centurion Card. So how does the Centurion Card compare to other premium credit cards on the market? Let's take a deep dive into the world of elite credit cards and see how they stack up.

First up is the Chase Sapphire Reserve. This card has been making waves in the premium credit card space since it was introduced a few years ago, thanks to its generous rewards program and travel benefits. The Chase Sapphire Reserve offers 3X points on travel and dining, a $300 annual travel credit, and access to Priority Pass lounges. It also has a relatively low annual fee of $550. But when you compare it to the Centurion Card, it falls short in a few key areas. For one, the Centurion Card offers a much more extensive network of airport lounges, including its own Centurion Lounges. It also offers a dedicated concierge service that can assist with everything from travel planning to restaurant reservations. And of course, there's the prestige factor - while the Chase Sapphire Reserve is a great card, it doesn't have the same cachet as the Centurion Card.

Another card that's often compared to the Centurion Card is the JP Morgan Reserve. This card is aimed at high net worth individuals and offers a range of benefits, including a $300 annual travel credit, access to Priority Pass lounges, and a 24/7 concierge service. It also has a hefty annual fee of $595. When you compare it to the Centurion Card, there are a few areas where the JP Morgan Reserve falls short. While it offers some great benefits, it doesn't have the same extensive network of airport lounges as the Centurion Card. It also doesn't have the same level of prestige - the Centurion Card is widely regarded as one of the most exclusive credit cards in the world, while the JP Morgan Reserve doesn't quite have the same cachet.

So what sets the Centurion Card apart from these other premium credit cards? For one, it offers an unparalleled level of personalized service. The Centurion Card's concierge service is legendary, and can assist with everything from booking travel to finding tickets to sold-out events. The card also offers access to exclusive events and experiences, such as private dinners with celebrity chefs and VIP access to concerts and sporting events. And of course, there's the prestige factor - the Centurion Card is a symbol of elite status, and its black metal design is instantly recognizable.

Of course, all of these benefits come with a hefty price tag - the Centurion Card has an annual fee of $5,000, which is significantly higher than most other premium credit cards. But for those who can afford it, the Centurion Card offers an unmatched level of luxury, convenience, and prestige.

What is it about the Amex Centurion?

2023-03-26T21:04:00.003-07:00

The American Express Centurion Card is one of the most exclusive credit cards in the world, and its members are a select group of elite individuals who have access to some of the most exclusive perks and benefits. We've spoken with a few Centurion Card members to hear about their experiences with the card and what makes it so special.

One member, a successful entrepreneur, spoke about the Centurion Card's unmatched travel benefits. "I travel extensively for work and pleasure, and the Centurion Card's travel perks are unbeatable. From access to exclusive airport lounges to complimentary upgrades and special rates at luxury hotels, the card has saved me a lot of time and money on my travels."

Another member, a high-powered attorney, raved about the card's concierge service. "Whenever I need help with anything, whether it's getting reservations at a hard-to-book restaurant or arranging transportation for a group, the Centurion Card's concierge service is always there to help. They go above and beyond to make sure I'm taken care of."

And then there's the Centurion Card's legendary black color, which is a status symbol in and of itself. "Whenever I pull out my Centurion Card, people take notice. It's a conversation starter and a symbol of my success," said one member.

But the Centurion Card is about more than just prestige and exclusivity. Many members spoke about the card's commitment to philanthropy and social responsibility. "I appreciate that a portion of the annual fee goes to support charitable organizations," said one member. "It feels good to know that my membership is making a positive impact."

Overall, Centurion Card members rave about the card's exclusive benefits, personalized service, and unparalleled prestige. If you're lucky enough to be a member, you're part of an exclusive club that offers unmatched access to luxury and convenience. And if you're not yet a member, well, you can always aspire to be one day.

How to Get the American Express Centurion Card: Share tips and tricks on how to qualify for the Centurion Card, what the application process entails, and how long it usually takes to receive the card.

2023-03-26T20:57:00.001-07:00

If you're tired of being part of the commonwealth of Platinum and Gold American Express cardholders, then it's time to step up your game and aim for the most exclusive credit card in the world: the American Express Centurion Card, also known as the "Black Card."

But let's be clear, getting your hands on this card is no walk in the park. It's a privilege reserved only for the elite, and the invitation process is shrouded in secrecy. Rumors abound that you need to spend at least $500,000 annually to even be considered for an invitation.

So, what's the secret to getting this ultimate status symbol? Here are a few tips from the insiders:

Spend like it's going out of style.

You're not going to get the Black Card by pinching pennies. The Centurion Card is for the top 1% of the top 1%, and if you want to even have a chance, you need to be spending like a member of the global elite. That means buying private jets, investing in racehorses, and taking yachts out for a spin. You know, the usual.

Be a model Amex customer.

You may be spending like a billionaire, but that's not the only thing Amex is looking for. They want customers who are loyal, pay their bills on time, and use their cards regularly. If you're just using your Amex card to buy coffee, forget about it.

Get to know the right people.

Sometimes, it's not what you know but who you know. And when it comes to the Black Card, connections can make all the difference. You need to start mingling with the CEOs, celebrities, and influencers who can get you an invitation.

Wait, and then wait some more.

Even if you're spending millions, have been an Amex customer for decades, and know everyone who's anyone, getting an invitation to the Centurion Card club is still a long shot. You need to be patient and keep doing what you're doing. And who knows, maybe one day, that Black Card will find its way into your hands.

But what happens after you receive the invitation? Well, the application process is just as secretive and exclusive as the invitation process. You'll need to fill out an application that includes financial information and details about your spending habits and travel preferences. You may also need to undergo a background check and an interview with an Amex representative.

And then comes the waiting game. It can take weeks, even months, to receive a decision on your application. And if you're lucky enough to be approved, you'll receive your shiny new Centurion Card in the mail, along with a welcome packet that outlines the exclusive benefits and privileges that come with being a member of the club.

In conclusion, getting the Black Card is not for the faint of heart. You need to spend like an elite, be a model customer, know the right people, and be patient. But if you're willing to do all that, the rewards are endless. So start spending, start schmoozing, and who knows? You might just become a member of the most exclusive credit card club in the world.

Hertz Platinum status now a benefit for the Centurion Card

2023-03-26T20:47:00.001-07:00

The American Express Centurion Card is the pinnacle of premium credit cards, reserved for the elite few who demand the very best in travel, lifestyle, and luxury. For Centurion Cardholders, the world is their playground, and every experience is elevated to new heights of exclusivity and refinement. And when it comes to renting a car, Hertz Platinum offers a range of perks and benefits that are tailored to the needs and expectations of the most discerning travelers.

Hertz Platinum is a loyalty program for the most frequent renters, offering a world of privileges and advantages that go beyond the ordinary. And for Centurion Cardholders, Hertz Platinum offers a level of service and convenience that is simply unmatched by any other rental car program. From the moment you make a reservation to the moment you return the car, every aspect of the rental experience is designed to exceed your expectations and cater to your every whim.

The first benefit of Hertz Platinum for Centurion Cardholders is automatic enrollment, which means that you're already a member from the moment you receive your Centurion Card. There's no need to apply or qualify for membership, as your Centurion Card is your passport to the most exclusive rental car program in the world.

Once enrolled, you'll enjoy a range of benefits and privileges that are tailored to your needs and preferences, including:

Discounts on Rentals

As a Centurion Cardholder, you're entitled to special rates and discounts on all Hertz rentals, regardless of the location or duration of the rental. These discounts are exclusive to Centurion Cardholders and are designed to deliver maximum value and savings for the most discerning travelers.

Upgrades to Better Cars

When you rent with Hertz Platinum, you'll enjoy a level of exclusivity and sophistication that extends to the cars you drive. As a Centurion Cardholder, you'll automatically receive a one-car-class upgrade on every rental, allowing you to experience the luxury and performance of the world's finest cars.

Faster Rentals

Hertz Platinum offers a range of services and options that are designed to make renting a car as fast and convenient as possible. As a Centurion Cardholder, you'll enjoy a dedicated line for faster service and a skip-the-counter option that allows you to bypass the rental counter altogether. This means that you can get behind the wheel of your rental car faster than ever before and start enjoying your journey in style and comfort.

Enhanced Rewards

Centurion Cardholders who are also members of Hertz Gold Plus Rewards can enjoy a range of enhanced rewards and benefits that are tailored to their needs and preferences. These rewards include bonus points on rentals, faster access to elite status in the program, and a range of other privileges that are designed to enhance your rental experience and deliver maximum value and satisfaction.

Special Perks and Discounts

Finally, Hertz Platinum offers a range of special perks and discounts that are exclusive to Centurion Cardholders, including discounts on fuel, GPS rentals, and other extras. These perks and discounts are designed to make your rental experience even more luxurious and rewarding, and to ensure that every aspect of your journey is elevated to new heights of exclusivity and refinement.

In conclusion, the American Express Centurion Card and Hertz Platinum offer a level of service, convenience, and luxury that is simply unmatched by any other rental car program. For Centurion Cardholders, renting a car with Hertz Platinum is an experience that goes beyond the ordinary and delivers a level of exclusivity and sophistication that is truly world-class.

In all conclusion, Hertz Platinum is a little better then President’s Circle with a few differences, Hertz President's Circle is by invitation only, and members are selected based on their rental history and frequency. In contrast, Hertz Platinum is open to any Hertz Gold Plus Rewards member who meets the eligibility requirements. Also, Hertz President's Circle members receive a guaranteed vehicle upgrade at participating locations, while Hertz Platinum members receive a one-class upgrade upon rental.

The Top Benefits of the American Express Centurion Card In 2023

2023-03-26T20:36:00.000-07:00

The American Express Centurion Card, also known as the Black Card, is one of the most exclusive credit cards in the world. It's available only by invitation and offers a host of benefits that are unmatched by other premium credit cards. In this article, we'll take a closer look at the top benefits of the Centurion Card and why it's considered one of the best credit cards for high-net-worth individuals.

Exclusive Access to Luxury Hotels

One of the most notable benefits of the Centurion Card is its exclusive access to luxury hotels and resorts around the world. Cardholders can enjoy perks such as room upgrades, complimentary breakfast, and late checkout at some of the most prestigious hotels, including Four Seasons, Mandarin Oriental, and Aman Resorts.

Airport Lounge Access

Another major benefit of the Centurion Card is access to airport lounges around the world. Cardholders can enjoy complimentary access to over 1,200 lounges, including the exclusive Centurion Lounges, Delta Sky Clubs, and Priority Pass lounges. These lounges offer amenities such as food and beverage, Wi-Fi, showers, and business centers, making travel more comfortable and convenient.

Concierge Services

Centurion Cardholders have access to a dedicated concierge team that can assist with a wide range of services, from booking travel and restaurant reservations to arranging private tours and experiences. The concierge team is available 24/7 and can handle even the most complex requests.

Rewards and Perks

The Centurion Card offers a generous rewards program, with 1 point per dollar spent on most purchases and 1.5 points per dollar spent on purchases of $5,000 or more. Points can be redeemed for travel, merchandise, and statement credits. In addition, cardholders can enjoy perks such as complimentary companion tickets on select airlines and complimentary upgrades on rental cars.

Exclusive Events and Experiences

Centurion Cardholders have access to a wide range of exclusive events and experiences, such as private dinners with Michelin-starred chefs, backstage access to concerts and shows, and exclusive travel experiences. These events are carefully curated and offer unique opportunities to connect with other Centurion Cardholders and enjoy once-in-a-lifetime experiences.

Personalized Service

Perhaps the most important benefit of the Centurion Card is the personalized service that comes with it. Cardholders have access to a dedicated team of customer service professionals who can assist with any questions or concerns, and who are empowered to take quick action to resolve any issues that may arise.

In conclusion, the American Express Centurion Card offers a range of benefits that are unmatched by other premium credit cards. From exclusive access to luxury hotels and airport lounges to personalized service and unique experiences, the Centurion Card is a must-have for high-net-worth individuals who demand the best.

Updated Centurion Terms -- Not looking too good

2014-05-06T14:54:00.001-07:00

It appears the Centurion card is getting more and more costly without the additional benefits one would expect. As American Express prepares to open up Centurion applications, they have finalized their credit cardmember agreement.

Cardmember Agreement: Part 1 of 2 Centurion® Card from American Express
Issuer: American Express Bank, FSB Fees Table

As of: 03/31/2014

Fees
Initiation Fee Annual Membership Fee	$7,500 $2,500
Transaction Fees ● Foreign Transaction	None
Penalty Fees ● Late Payment ● Returned Payment	Up to $35. However, if your account does not have a Pay Over Time feature or balance and you do not pay for two billing periods in a row, your fee will be $35 or 2.99% of the past due amount, whichever is greater. Up to $35

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How Rates and Fees Work

Rates for Pay Over Time balances		See About Pay Over Time features in Part 2 of this Agreement
Penalty APR for new transactions	The penalty APR applies to new transactions if: ● you do not pay at least the Minimum Payment Due by the Closing Date of the billing period in which it is due 3 times in 12 billing periods, ● you do not pay at least the Minimum Payment Due by the Closing Date of the billing period in which it is due and you still do not pay it by the Closing Date of the next billing period, or ● your payment is returned by your bank. If the penalty APR applies to a balance, it will apply to charges added to that balance 15 or more days after we send you notice. We will review your Account every 6 months after the penalty APR is applied. The penalty APR will continue to apply until you have made timely payments with no returned payments during the 6 months being reviewed.
Penalty APR for existing balances	If you do not pay at least the Minimum Payment Due within 60 days after its Payment Due Date, we can apply the penalty APR to those balances it does not already apply to. After you pay on time for 6 billing periods in a row, the penalty APR will no longer apply to those balances (but it may still apply to other balances as described above).
Fees
Initiation	This fee is on the Rates and Fees Table on page 1 of Part 1. This fee is a finance charge.
Annual Membership	This fee is on the Rates and Fees Table on page 1 of Part 1. We will charge $2,500 for each additional Centurion Card, $175 for up to 3 additional Platinum Cards, $175 for each additional Platinum Card after the first 3, $45 for up to 5 additional Gold Cards, and $45 for each additional Gold Card thereafter.
Late Payment	Accounts without a Pay Over Time Feature or Balance: Up to $35. However, if you do not pay the Amount Due for two billing periods in a row, your late fee will be $35 or 2.99% of the past due amount, whichever is greater. ● Your first late fee is $25. This late fee will be charged if you do not pay the Amount Due on your billing statement before the 20th day after the Closing Date shown on your next billing statement. If you do this again within the next 6 billing periods, your late fee is $35 instead. ● However, if you do not pay the Amount Due for two or more billing periods in a row, your late fee will be $35 or 2.99% of the past due amount, whichever is greater. This late fee will be charged on the Closing Date of the second consecutive billing period, and, if the Amount Due remains unpaid, on each Closing Date after that. ● Your late fee will never exceed the Amount Due. Accounts with a Pay Over Time Feature or Balance: Up to $35. ● Your first late fee is $25. If you pay late again within the next 6 billing periods, your late fee is $35 instead. However, your late fee will never exceed the Minimum Payment Due. ● The applicable late fee will be charged if you do not pay the Minimum Payment Due on your billing statement before the 20th day after the Closing Date shown on your next billing statement, and, if the Minimum Payment Due remains unpaid, on each Closing Date after that. ● Paying late may also result in a Penalty APR. See Penalty APR for new transactions and Penalty APR for existing balances above. In certain circumstances, because of the timing of the late fee charges described above, a billing statement may reflect two late fees, each one charged with respect to a different billing period.
Returned Payment	Up to $35. If your payment is returned unpaid the first time we present it to your bank, the fee is $25. If this happens again within the next 6 billing periods, the fee is $35. However, the returned payment fee will not exceed the Minimum Payment Due on the last Payment Due Date before the payment is returned. A returned payment may also result in a penalty APR. See Penalty APR for new transactions above.
Returned Check	$38 if you use your card to cash a check at one of our approved locations and the check is returned unpaid. We will also charge you the unpaid amount.
Account Re-opening	$25 if your Account is cancelled, you ask us to re-open it, and we do so.
Foreign Transaction	None

Part 1, Part 2 and any supplements or amendments make up your Cardmember Agreement.

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Cardmember Agreement: Part 2 of 2 Doc 27303

How Your American Express Account Works

Introduction
About your Cardmember Agreement
Changing the Agreement
Words we use in the Agreement
About using your card Using the card

This document together with Part 1 make up the Cardmember Agreement (Agreement) for the Account identified on page 1 of Part 1. Any supplements or amendments are also part of the Agreement.
We may change this Agreement, subject to applicable law. We may do this in response to the business, legal or competitive environment.
We cannot increase the interest rate on existing balances except in limited circumstances. Changes
We, us, and our mean the issuer shown on page 1 of Part 1. You and your mean the person who applied for this Account and for whom we opened the Account. You and your also mean anyone
who agrees to pay for this Account. You are the Basic Cardmember. You may request a card for an Additional Cardmember (see About Additional Cardmembers in Part 2).
You may use the card to make purchases. You may also use the card at an ATM to get cash from a checking account you designate.
We decide whether to approve a charge based on how you spend and pay on this Account and other accounts you have with us and our affiliates. We also consider your credit history and your personal resources that we know about.
You may arrange for certain merchants to store your card number and expiration date, so that, for example:

● the merchant may charge your account at regular
intervals; or
● you may make charges using that stored card
information.

When you use the Account (or you sign or keep the card), you agree to the terms of the Agreement.
to some terms may require 45 days advance notice, and we will tell you in the notice if you have the right to reject a change. We cannot change certain terms during the first year of your Cardmembership.
Card means any card or other device that we issue
to access your Account. A charge is any amount added to your Account, such as purchases, fees and interest charges. A purchase is a charge for goods or services.
To pay by a certain date means to send your payment so that we receive it and credit it to your Account by that date (see About your payments in Part 2).
We may (but are not required to) tell these merchants if your expiration date or card number changes or
if your account is cancelled. You must notify the merchants directly if you want them to stop charging your Account.
Keep your card safe and don't let anyone else use it. If your card is lost or stolen or your Account is being used without your permission, contact us right away. You may not use your Account for illegal activities.

Promise to pay
Declined transactions
About Pay Over Time features

You promise to pay all charges, including:
● charges you make, even if you do not present your card or sign for the transaction, ● charges that other people make if you let them use your Account, and
● charges that Additional Cardmembers make or permit others to make.

We may decline to authorize a charge. Reasons
we may do this include suspected fraud and our assessment of your creditworthiness. This may occur even if your Account is not in default.
We may add features to your Account that allow you to pay certain charges over time. These features include Select & Pay Later, Sign & Travel® and the Extended Payment Option.
Select & Pay Later allows you to request that eligible purchases be moved to your Pay Over Time balance after the charge appears on your statement. If we approve your request, we will place the charge in your Pay Over Time balance. If we decline your request, you must pay the charge in full upon receipt of your billing statement.
If you enroll in Sign & Travel, we will automatically place eligible travel-related charges into a Pay Over Time balance. Some examples are airline and cruise ship tickets, hotels, car rentals and charges made outside the U.S. If you enroll in the Extended Payment Option, we will automatically place all eligible charges into a Pay Over Time balance.

We are not responsible for any losses you incur if we do not authorize a charge. And we are not responsible if any merchant refuses to accept the card.
A charge is eligible if it equals or is more than a certain dollar amount. We will tell you this amount when you enroll, and it is subject to change. We will tell you if we change it. Certain charges are not eligible, such as cash and similar transactions.
We assign a Pay Over Time limit to your Account.
We will not place any charge into a Pay Over Time balance if it causes the total of your Pay Over Time balances to go over your Pay Over Time limit. We may reduce or increase this amount. We may do so even if you pay on time and your Account is not in default. We will tell you if we change that amount. You must pay in full upon receipt of your billing statement all charges that are not placed into a Pay Over Time balance. We may change which charges are eligible to be placed into a Pay Over Time balance.

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About your payments When you must pay
How to make payments

Payment of the New Balance is due upon receipt of your statement. If a statement includes a Pay Over Time balance, it will show a Minimum Payment Due. In this case, you must pay at least the Minimum Payment Due by the Payment Due Date. Each statement also states the time and manner by which you must make your payment for it to be credited as of the same day it is received.
Make payments to us in U.S. dollars with:

● a single check drawn on a U.S. bank, or
● a single negotiable instrument clearable through
the U.S. banking system, for example a money
order, or
● an electronic payment that can be cleared through
the U.S. banking system.
When making a payment by mail:
● make a separate payment for each account,
● mail your payment to the address shown on the
payment coupon on your billing statement, and ● write your Account number on your check or
negotiable instrument and include the payment coupon.
If your payment meets the above requirements, we will credit it to your Account as of the day we receive it, as long as we receive it by the time disclosed in your billing statement.
If a statement includes a Pay Over Time balance, it will show a Minimum Payment Due. The Minimum Payment Due is the Pay In Full New Balance plus the Pay Over Time Minimum Due.
If you have a Pay Over Time balance, we generally apply payments-up to the Minimum Payment Due-first to the Pay Over Time Minimum Due and then to the Pay In Full New Balance. When applying a payment to the Pay Over Time Minimum Due, we apply it first to the balance with the lowest interest rate and then to balances with higher interest rates.

Each statement also shows a Closing Date. The Closing Date is the last day of the billing period covered by the statement. Each Closing Date is about 30 days after the previous statement's Closing Date.
If we receive it after that time, we will credit the payment on the day after we receive it.
If your payment does not meet the above requirements, there may be a delay in crediting your Account. This may result in late fees and additional interest charges (see How Rates and Fees Work on page 2 of Part 1).
If we decide to accept a payment made in a foreign currency, we will choose a rate to convert your payment into U.S. dollars, unless the law requires us to use a particular rate.
If we process a late payment, a partial payment, or a payment marked with any restrictive language, that will have no effect on our rights and will not change this Agreement.
After the Minimum Payment Due has been paid, we apply payments to the remaining Pay Over Time balance. When we do this, we apply payments first to the balance with the highest interest rate and then to balances with lower interest rates.
In most cases, we apply a credit to the same balance as the related charge. We may apply payments and credits within balances, and among balances with the same interest rate, in any order we choose.

How we apply payments and credits

About your Minimum Payment Due

How we calculate your Minimum Payment Due

The Minimum Payment Due is the Pay In Full amount plus any Pay Over Time Minimum Due. To calculate the Pay Over Time Minimum Due for each statement, we start with the higher of:

(1) interest charged on the statement plus 1% of the Pay Over Time New Balance (excluding interest on the statement); or
(2) $35.
Then we round to the nearest dollar and add any Pay Over Time amount past due. Your Pay Over Time Minimum Due will not exceed your Pay Over Time New Balance. You may pay more than the Minimum Payment Due, up to your entire outstanding balance, at any time.

(1)$29.57 + 1% x ($3,000 - $29.57) = $59.27 (2) $35
The higher of (1) or (2) is $59.27, which rounds to $59.00. The Pay Over Time Minimum Due of $59.00 plus the Pay in Full amount of $400 together make up the Minimum Payment Due of $459.00.

About interest charges on Pay Over Time balances

When we charge interest

For transactions added to pay over time balances at your request (for example, Select & Pay Later), we charge interest from the date they are added to a pay over time balance until they are paid.
For transactions added automatically to a pay over time balance (for example, Sign & Travel and Extended Payment Option), we charge interest from the transaction date until they are paid. However, we will not charge interest on these transactions if:

● ●

your Pay Over Time Previous Balance for the billing period is zero; or
you paid the Account Total Previous Balance for each of the previous two billing periods in full by the closing date shown on their respective statements.

EXAMPLE: Assume that you have a Pay Over Time New Balance of $3,000, interest of $29.57, no amounts past due, and a $400 Pay In Full amount.

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How we calculate interest

We calculate interest for a billing period by first figuring the interest on each balance. Balances within each feature-such as Select & Pay Later, Sign & Travel and Extended Payment Option-may have different interest rates.

We use the Average Daily Balance method (including new transactions) to figure interest charges for each balance. The total interest charged for a billing period is the sum of the interest charged on each balance.
Interest
The interest charged for a balance in a billing period, except for variations caused by rounding, equals:
● Average Daily Balance (ADB) x
● Daily Periodic Rate (DPR) x
● number of days the DPR was in effect.
ADB
To get the ADB for a balance, we add up its daily balances. Then we divide the result by the number of days the DPR for that balance was in effect. If the daily balance is negative, we treat it as zero.
DPR
A DPR is 1/365th of an APR, rounded to one tenthousandth of a percentage point. Your DPRs are shown in How Rates and Fees Work on page 2 of Part 1.
EXAMPLE: Calculating Interest
Assume that you have a single interest rate of 15.99%, your ADB is $2,250 and there are 30 days in the billing period.
The DPR is 15.99% 365 days = 0.0438%
The Interest is $2,250 x 0.0438% x 30 days = $29.57

Daily Balance
For each day a DPR is in effect, we figure the daily balance by:
● taking the beginning balance for the day,
● adding any new charges,
● subtracting any payments or credits; and ● making any appropriate adjustments.
We add a new charge to a daily balance as of its transaction date.
Beginning balance
For the first day of a billing period, the beginning balance is the ending balance for the prior billing period, including unpaid interest. For the rest of the billing period, the beginning balance is the previous day's daily balance plus an amount of interest equal to the previous day's daily balance multiplied by the DPR for that balance. This method of figuring the beginning balance results in daily compounding of interest.
When an interest rate changes, the new DPR may come into effect during-not just at the beginning of- the billing period. When this happens, we will create a new balance and apply the new DPR to it. To get the beginning balance on the first day for this new balance, we multiply the previous day's daily balance by the old DPR and add the result to that day's daily balance.
Other methods
To figure the ADB and interest charges, we may use other formulas or methods that produce equivalent results. Also, we may choose not to charge interest on certain types of charges.

Determining the Prime Rate

We use the Prime Rate from the Money Rates section (or successor section) of The Wall Street Journal. The Prime Rate for each billing period is the Prime Rate published in The Wall Street Journal 2 days before the Closing Date of the billing period.
The Wall Street Journal may not publish the Prime Rate on that day. If it does not, we will use the Prime Rate from the previous day it was published. If The Wall Street Journal is no longer published, we may use the Prime Rate from any other newspaper of general circulation in New York, New York. Or we may choose to use a similar published rate.
If the Prime Rate increases, variable APRs (and corresponding DPRs) will increase. In that case, you may pay more interest and may have a higher Minimum Payment Due. When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the billing period.

Other important information

About Additional Cardmembers
Converting charges made in a foreign currency
Changing your billing address
Closing your Account
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At your request, we may issue cards to Additional Cardmembers. They do not have accounts with us but they can use your Account subject to the terms
of this Agreement. We may report an Additional Cardmember's use of your Account to credit reporting agencies.
You are responsible for all use of your Account by Additional Cardmembers and anyone they allow to use your Account. You must pay for all charges they make.

You authorize us to give Additional Cardmembers information about your Account and to discuss it with them.
If you want to cancel an Additional Cardmember's right to use your Account (and cancel their card) you must tell us.

If you make a charge in a foreign currency, we will convert it into U.S. dollars on the date we or our agents process it. Unless a particular rate is required by law, we will choose a conversion rate that is acceptable to us for that date. The rate we use is no more than the highest official rate published by a government agency or the highest interbank rate we identify from customary banking sources on the conversion date or the prior business day. This rate may differ from rates that are in effect on the date of your charge. We will bill charges converted by establishments (such as airlines) at the rates they use.

You must notify us immediately if you change the:

● mailing address where we send billing statements; or
● e-mail address to which we send notice that your billing statement is available online.

If you have more than one account, you need to notify us separately for each account.
We may update your billing address if we receive information that it has changed or is incorrect.

You may close your Account by calling us or writing to us. Page 3 of 6

Cancelling or suspending your Account
About default
Collection costs Credit reports
Sending you notices
We may contact you
About insurance products
How we handle electronic debits from your checking account
ExpressPay
Privacy Act of 1974 notice
Changing benefits Assigning the Agreement

We may:
● cancel your Account,
● suspend the ability to make charges,
● cancel or suspend any feature on your Account,
and
● notify merchants that your Account has been
cancelled or suspended.
If we do any of these, you must still pay us for all charges under the terms of this Agreement.
We may consider your Account to be in default if:

● you violate a provision of this Agreement,
● you give us false information,
● you file for bankruptcy,
● you default under another agreement you have
with us or an affiliate,
● you become incapacitated or die, or
● we believe you are unable or unwilling to pay your

We may do any of these things at our discretion, even if you pay on time and your Account is not in default.
If your Account is cancelled, you must destroy your cards.
We may agree to reinstate your Account after a cancellation. If we do this, we may:

● reinstate any additional cards issued on your Account,
● charge you any applicable annual fees, and
● charge you a fee for reinstating the Account.
If we consider your Account in default, we may, to the extent permitted by federal and applicable state law:
● suspend your ability to make charges,
● cancel or suspend any feature on your Account, ● require you to pay more than your Minimum
Payment Due immediately, and
● require you to pay your Account balance
immediately.

debts when due.
You agree to pay all reasonable costs, including attorneys' fees, that we incur to collect amounts you owe.
You agree that we will obtain credit reports about you, investigate your ability to pay, and obtain information about you from other sources, including information to verify and re-verify your employment and income. And you agree that we will use such information for any purposes, subject to applicable law.
You agree that we will give information about the Account to credit reporting agencies. We will tell a credit reporting agency if you fail to comply with any term of this Agreement. This may have a negative impact on your credit report.
If you believe information we have given to a credit reporting agency is incorrect, write to us at: American Express Credit Bureau Unit, P.O. Box 981537, El Paso, TX 79998-1537. When you write to us, tell us the specific information you believe is incorrect.
We mail you notices through the U.S. mail, postage prepaid, and address them to you at the latest billing address on our records. Any notice that we send you this way is deemed to be given when deposited in the U.S. mail.
Servicing and collections
If we need to contact you to service your account or to collect amounts you owe, you authorize us (and our affiliates, agents and contractors) to contact you at any number you provide, from which you call us, or at which we believe we can reach you. We may contact you in any way, such as calling or texting. We may contact you using an automated dialer or prerecorded messages. We may contact you on a mobile, wireless or similar device, even if you are charged for it.
Call monitoring
We may monitor and record any calls between you and us.
We or our affiliates may tell you about insurance and non-insurance products, services or features that
may have a fee. One of our affiliates may act on behalf of a provider of these products. The affiliate may be compensated for this. The insurance products are not offered or sold by us or on our behalf. Our affiliates may get additional compensation when AMEX Assurance Company or another affiliate is the insurer or reinsurer. Compensation may influence what products and providers we or our affiliates tell you about.
We may share information about you with our affiliates so they can identify products that may interest you. We may be compensated for this information.

When you pay us by check, you authorize us to electronically deduct the amount from your bank or other asset account. We may process the check electronically by transmitting to your financial institution:

● the amount,
● the routing number,
● the account number, and
● the check serial number.

If we do this, your payment may be deducted from your bank or other asset account on the same day we receive your check. Also, you will not receive that cancelled check with your bank or asset account billing statement.
If we cannot collect the funds electronically, we may issue a draft against your bank or other asset account for the amount of the check.

Cards issued on your Account may be equipped with ExpressPay. ExpressPay enables you to make charges without having the card swiped or imprinted. You can call us to deactivate ExpressPay at any time. Also, we may deactivate ExpressPay at any time.
Some federal agencies may accept the card under authority of statute. When you make charges at these agencies, we collect certain charge information. That information may be put to routine uses such as processing, billing and collections. It may also be aggregated for reporting, analysis and marketing use. Other routine uses by agencies may be published in the Federal Register.
We have the right to add, modify or delete any benefit or service of your Account at our discretion.
We may sell, transfer or assign this Agreement and your Account. We may do so at any time without notifying you. You may not sell, assign or transfer your Account or any of your obligations under this Agreement.

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Assigning claims
We do not waive our rights Governing law
Notice to Oregon Residents
Notice for residents of Washington State
Claims Resolution
Most customer concerns can be resolved by calling our Customer Service Department at the number listed on the back of your card. In the event Customer Service is unable to resolve a complaint to your satisfaction, this section explains how claims can be resolved through mediation, arbitration or litigation. It includes an arbitration provision. You may reject the arbitration provision by sending us written notice within 45 days after your first card purchase. See Your Right to Reject Arbitration below.
For this section, you and us includes any corporate parents, subsidiaries, affiliates or related persons or entities. Claim means any current or future claim, dispute or controversy relating to your Account(s), this Agreement, or any agreement or relationship you have or had with us, except for the validity, enforceability
or scope of the Arbitration provision. Claim includes but is not limited to: (1) initial claims, counterclaims, crossclaims and third-party claims; (2) claims based upon contract, tort, fraud, statute, regulation, common law and equity; (3) claims
by or against any third party using or providing any product, service or benefit in connection with any account; and (4) claims that arise from or relate to (a) any account created under any of
the agreements, or any balances on any such account, (b) advertisements, promotions or statements related to any accounts, goods or services financed under any accounts or terms
of financing, (c) benefits and services related
to card membership (including fee-based or
free benefit programs, enrollment services and rewards programs) and (d) your application for any account. You may not sell, assign or transfer a claim.
Sending a Claim Notice
Before beginning a lawsuit, mediation or arbitration, you and we agree to send a written notice (a claim notice) to each party against whom a claim is asserted, in order to provide
an opportunity to resolve the claim informally or through mediation. Go to americanexpress.com/ claim for a sample claim notice. The claim notice must describe the claim and state the specific relief demanded. Notice to you may be provided by your billing statement or sent to your billing address. Notice to us must include your name, address and Account number and be sent to

If you dispute a charge with a merchant, we may credit the Account for all or part of the disputed charge. If
we do so, you assign and transfer to us all rights and claims (excluding tort claims) against the merchant.

You agree that you will not pursue any claim against the merchant for the credited amount. And you must cooperate with us if we decide to do so.

We may choose to delay enforcing or to not exercise rights under this Agreement. If we do this, we do not waive our rights to exercise or enforce them on any other occasion.

Utah law and federal law govern this Agreement and your Account. They govern without regard to internal principles of conflicts of law. We are located in Utah. We hold your Account in Utah. We entered into this Agreement with you in Utah.

In addition, if your billing address is in the State
of Maryland, to the extent, if any, that Maryland law applies to your account, we elect to offer your card account pursuant to Title 12, Subtitle 9 of the Maryland Commercial Law Article.

Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month. You may pay more than the minimum payment due, up to your entire outstanding balance, at any time.
In accordance with the Revised Code of Washington Statutes, Section 63.14.167, you are not responsible for payment of interest charges that result solely from a merchant's failure to transmit to us within seven working days a credit for goods or services accepted for return or forgiven if you have notified us of the merchant's delay in posting such credit, or our failure to post such credit to your account within three working days of our receipt of the credit.

American Express ADR c/o CT Corporation System, 111 8th Ave., NY, NY 10011. If the claim proceeds to arbitration, the amount of any relief demanded in a claim notice will not be disclosed to the arbitrator until after the arbitrator rules.
Mediation
In mediation, a neutral mediator helps parties resolve a claim. The mediator does not decide the claim but helps parties reach agreement.
Before beginning mediation, you or we must first send a claim notice. Within 30 days after sending or receiving a claim notice, you or we may submit the claim to JAMS (1-800-352-5267, jamsadr.com) or the American Arbitration Association ("AAA") (1-800-778-7879, adr.org) for mediation. We will pay the fees of the mediator.
All mediation-related communications are confidential, inadmissible in court and not subject to discovery. All applicable statutes
of limitation will be tolled until termination of the mediation. Either you or we may terminate the mediation at any time. The submission or failure to submit a claim to mediation will not affect your or our right to elect arbitration. Arbitration
You or we may elect to resolve any claim by individual arbitration. Claims are decided by a neutral arbitrator.
If arbitration is chosen by any party, neither you nor we will have the right to litigate that claim in court or have a jury trial on that claim. Further, you and we
will not have the right to participate in a representative capacity or as a member of any class pertaining to any claim subject to arbitration. Arbitration procedures are generally simpler than the rules that apply in court, and discovery is more limited. The arbitrator's decisions are as enforceable
as any court order and are subject to very limited review by a court. Except as set forth below, the arbitrator's decision will be final and binding. Other rights you or we would have in court may also not be available in arbitration.

Initiating Arbitration
Before beginning arbitration, you or we must first send a claim notice. Claims will be referred to either JAMS or AAA, as selected by the party electing arbitration. Claims will be resolved pursuant to this Arbitration provision and the selected organization's rules in effect when
the claim is filed, except where those rules conflict with this Agreement. If we choose the organization, you may select the other within
30 days after receiving notice of our selection. Contact JAMS or AAA to begin an arbitration
or for other information. Claims also may be referred to another arbitration organization if you and we agree in writing or to an arbitrator appointed pursuant to section 5 of the Federal Arbitration Act, 9 U.S.C. §§ 1-16 (FAA).
We will not elect arbitration for any claim you file in small claims court, so long as the claim is individual and pending only in that court. You or we may otherwise elect to arbitrate any claim at any time unless it has been filed in court
and trial has begun or final judgment has been entered. Either you or we may delay enforcing or not exercise rights under this Arbitration provision, including the right to arbitrate a claim, without waiving the right to exercise or enforce those rights.
Limitations on Arbitration
If either party elects to resolve a claim by arbitration, that claim will be arbitrated on an individual basis. There will be no right or authority for any claims to be arbitrated on a class action basis or on bases involving claims brought in a purported representative capacity on behalf of the general public, other cardmembers or other persons similarly situated.
The arbitrator's authority is limited to claims between you and us alone. Claims may not be joined or consolidated unless you and we agree in writing. An arbitration award and any judgment confirming it will apply only to the specific case and cannot be used in any other case except to enforce the award.

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Notwithstanding any other provision and without waiving the right to appeal such decision, if any portion of these Limitations on Arbitration is deemed invalid or unenforceable, then the entire Arbitration provision (other than this sentence) will not apply.
Arbitration Procedures
This Arbitration provision is governed by
the FAA. The arbitrator will apply applicable substantive law, statutes of limitations and privileges. The arbitrator will not apply any federal or state rules of civil procedure or evidence in matters relating to evidence
or discovery. Subject to the Limitations on Arbitration, the arbitrator may otherwise award any relief available in court. The arbitration
will be confidential, but you may notify any government authority of your claim.
If your claim is for $10,000 or less, you
may choose whether the arbitration will be conducted solely on the basis of documents, through a telephonic hearing, or by an in- person hearing. At any party's request, the arbitrator will provide a brief written explanation of the award. The arbitrator's award will be final and binding, except for any right of appeal provided by the FAA; however, any party will have 30 days to appeal the award by notifying the arbitration organization and all parties in writing. The organization will appoint a three- arbitrator panel to decide anew, by majority vote based on written submissions, any
aspect of the decision objected to. Judgment upon any award may be entered in any court having jurisdiction. At your election, arbitration hearings will take place in the federal judicial district of your residence.

Arbitration Fees and Costs
You will be responsible for paying your share of any arbitration fees (including filing, administrative, hearing or other fees), but only up to the amount of the filing fees you would have incurred if you had brought a claim in court. We will be responsible for any additional arbitration fees. At your written request, we will consider in good faith making a temporary advance of your share of any arbitration fees, or paying for the reasonable fees of an expert appointed by the arbitrator for good cause.
Additional Arbitration Awards
If the arbitrator rules in your favor for an amount greater than any final offer we made before arbitration, the arbitrator's award will include: (1) any money to which you are entitled, but in no case less than $5,000; and (2) any reasonable attorneys' fees, costs and expert and other witness fees.
Your Right to Reject Arbitration
You may reject this Arbitration provision by sending a written rejection notice to us at: American Express, P.O. Box 981556, El Paso, TX 79998. Go to americanexpress.com/reject for a sample rejection notice. Your rejection notice must be mailed within 45 days after your first card purchase. Your rejection notice must state that you reject the Arbitration provision and include your name, address, Account number and personal signature. No one else may sign the rejection notice. If your rejection notice complies with these requirements, this Arbitration provision and any other arbitration provisions in the cardmember agreements for

any other currently open American Express accounts you have will not apply to you, except for Corporate Card accounts and any claims subject to pending litigation or arbitration at the time you send your rejection notice. Rejection of this Arbitration provision will not affect your other rights or responsibilities under this Claims Resolution section or the Agreement. Rejecting this Arbitration provision will not affect your ability to use your card or any other benefit, product or service you may have with your Account.
Continuation
This section will survive termination of your Account, voluntary payment of your Account balance, any legal proceeding to collect a debt, any bankruptcy and any sale of your Account (in the case of a sale, its terms will apply to the buyer of your Account). If any portion of this Claims Resolution section, except as otherwise provided in the Limitations on Arbitration subsection, is deemed invalid or unenforceable, it will not invalidate the remaining portions of this Claims Resolution section.

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Purchasing Art

2014-04-03T17:44:00.002-07:00

Most important thing to buy with your American Express Centurion card:

ART - آرٹ - अर्त

It's one of the only investments that appreciate and never lose value. The following pieces are great starter and range in price from $300-$25k+ Its important to find some pieces that you connect with and appreciate.

Lost Values by Kai Aspire (Labart Gallery Los Angeles)

Daniel Arsham Future Relic No 1

Future Relics by Daniel Arsham (Oh Wow Gallery Los Angeles, Gallerie Perrotin Paris)

Damien Hirst Butterflies (Gagosian Gallery)

Damien Hirst Spot Paintings (Gagosian Gallery worldwide)

Retna - Eastern Realm

Banksy Tenner (Lazarides Gallery)

Essential Accessories

2014-04-03T17:15:00.000-07:00

Over the last year I've lived in 5 countries and spent countless days on flights. I've often been asked about my travel rituals, and my best advise is always dress well. The one thing I hate is people who dress down while flying in a premium cabin. You never know who you will meet on the flight and should always have your best foot forward. I once bought an Andy Warhol painting from a Parisian Art Dealer that was sitting across from me on a flight. Not only was it a difficult piece to find, I purchased it for lower than I expected. Every jet-setting man needs to have a few accessories. They show your individuality and allow people to preconceive who you are prior to any interaction. Unfortunately, its not a one size fits all. It's about layering different pieces to build consistency. Following are some of my essentials. What are some of yours?

Chase Private Client , CPC Arts & Culture Card, Middle wealth management

2013-07-25T13:20:00.000-07:00

Banking sucks unless your part of the "Private" banks. What is private banking you ask? It's banking for affluent clients. Service is exceptional, fees don't exist, and you have a team that handles all your banking needs. This team is your point of contact when it comes to banking, investments etc. Basically the bank wants to help you with "wealth management" in turn they hold vast amounts of your money. I have accounts at JP Morgan Private Bank, UBS Private Bank, Credit Suisse Private Bank to name a few. Every quarter I meet with my bankers (who come to me, typically in my office) and we discuss my investments and future plans. The reason I have diversified my banks is because all of my investments are different and I get different opinions on how to "develop my holdings." Enough of my strategy lets talk about Chase Private Client. Chase decided they wanted to "chase" after the lower upper class demographic. So they started building Chase Private Client areas in most of their banks in large metro cities (NY, LA, SF etc.) They are looking for holdings of at least $250k minimum and upto $3 million dollars. Typically private banks start at $3 million dollars to infinite. So why become a private client? I became one because I needed regular banking but wanted a more premium feel to it, and I hate waiting (lines and personal bankers.) The private client banker stated they usually meet with 3 private clients throughout the day. So theoretically they are usually always available. You can also authorize them to complete some banking tasks with your authorization without you having to come into the branch. An Email paper trail is all that is required. No fees, preferred rates, access to the JP Morgan Palladium card, a pretty nice debit card (higher withdrawal limits $2k, and $7500 purchase limit per day).

For everyday banking I think its a sweet program. They also give their clients sports tickets ( I was offered the Dodger stadium box for the Dodgers vs. Red Sox at the end of August.), Credit card fee waiver (Palladium Card $595/year), no fees for incoming and outgoing wire transfers, as well as no charges for using other ATM's (up to 5 a month). They also send you an Arts & Culture card that is based on where you are located. I received one for New York City which included One plus guest passes to the Guggenheim and other prominent museums as well as one for Los Angeles which included LACMA, and surprisingly the San Diego Zoo and Safari Park for 2 people. Please leave a comment if you have more questions about this program.

To conclude, if you have 250k at another bank, move it to Chase Private Client, its a better experience in a horrible industry.

Contact me!

2013-04-18T11:01:00.000-07:00

American Express Centurion / Platinum Purchase Protection Program

2013-04-16T13:05:00.000-07:00

Sometimes we don't know all the great benefits that come with our credit cards. One program that I didn't know much about was the Purchase Protection program that is available with my Centurion card as well as my Platinum card.

I left my laptop in the back seat of a rental car a few weeks ago and upon calling the company was told they did not find my computer (obviously). It was a brand new Macbook Pro Retina that I purchased 20 days prior on my Amex Centurion card. Since I lost the item I thought Purchase protection would not cover the loss since I always thought the item had to be stolen with a police report or damaged within 90 days of purchase. What I found out was with American Express Centurion and Platinum cards just losing an item in 90 days is covered up to $10,000 per occurrence and $50,000 annually. So I filed a claim for the laptop that was $2254.03 including taxes and within 3 days it was credited on my account. It was one of the easiest processes where I had to fax in a form with what happened and a copy of the receipt. This is another reason why I love dealing with American Express.

Centurion / Platinum Las Vegas Hotel Rooms Upgrades - Fine Hotels & Resorts

2013-04-16T10:16:00.000-07:00

Traveling to Las Vegas is about gambling, partying, eating and staying. What I have noticed is my upgrades using my American Express Fine hotels and Resorts benefits stay pretty consistent and are better in some hotels then others. So I decided to write a list of what room I reserved and what I was given (complimentary next class upgrade). If any of my readers would like to put their experiences in the comments feel free to do so.

The Hotel at Mandalay - Booked the V suite given the H suite, the O suite, and the T suite

The Encore Hotel - Booked resort suite given the panoramic suite. Booked the Tower King suite given the Parlor suite.

Venetian - Booked the Luxury suite (no view) received Luxury suite (view). Booked a Piazza suite given a Prima suite, Renaissance suite.

Pallazo - Booked a Siena suite received a Lago media suite. (very nice)

MGM Skylofts - Booked a One bedroom skyloft, received a Two bedroom skyloft (amazing), Booked a Two bedroom skyloft, received a Three Bedroom skyloft (even more amazing).

Anyone have any better experiences?

Beverly Hills Rent a Car - Exotic Rentals - Ferrari's, Bentley's with or without a Centurion Card

2013-03-13T11:17:00.001-07:00

As a Centurion card holder I have self-found hundreds of benefits, from priority access to restaurants that do not take reservations, private shopping sessions to once in a lifetime experiences One area where I really didn't feel I was getting much benefit was renting exotic/super cars. So I developed a strong relationship with Beverly Hills Rent a Car, one of the top exotic car companies in the United States. They operate in the metro Los Angeles area as well as in Las Vegas. For my readers that would like to get the same great deals I get, I've set up a private relationship manager with BH rent a car. I use them when I have clients in town or i'm in the mood to "get some air". If any of you are going to be in the Los Angeles or Las Vegas area and are looking for an exotic car or a supercar, leave a comment and i'll have my admin set it up for you.

Amex Centurion Card versus Amex Platinum Card

2012-11-09T17:20:00.000-08:00

One question I am asked all the time, "Is the Centurion card that much better then a Platinum Card?"

The answer is yes and no.

When it comes to benefits an American Express Platinum card is almost identical to the Centurion Card. There are a few differences but the core products are almost the same.

The Platinum Card ($450.00 a year) provides world class service that includes a concierge service, travel service, and a multitude of protection that makes the annual fee worth it.

The Centurion Card ($2500.00 a year, $7500.00 one time initiation fee) provides a much more personalized service where you have a personalized team of four concierges, who take care of everything from travel, events (sporting, concerts, fine arts etc.) as well as assist you with any shopping assistance. The comforting thing is these concierge's know you personally over time and are able to recommend and assist throughout the year. Last year one of my concierge emailed to remind me my mothers birthday was coming up, she also sent me an email with a list of things my mother would like and had the Gucci store on standby to have a private showing.

They also find very hard to get tickets by having someone wait in line as soon as they are released such as Lakers Christmas day tickets, which some will tell you are one of the hardest tickets to get in Los Angeles.

I also have a platinum card and I called them for the same tickets to which they told me they were completely sold out and it was impossible to get those tickets.

Another very important benefit i'm going to touch on is Purchase Protection.
Both the Centurion card as well as the Platinum card have a purchase protection program where if something happens to an item you have fully purchased on an the card within 60 days they will either refund the purchase price or replace the item for free. If the item is damaged they will determine if they want to repair it, replace it, or refund the cost. These are the only cards that allow the card member to lose the item and still qualify! Most purchase protections only cover damage and theft (with a police report). This is a major tool since if you lose that shiny new Apple iPhone or Macbook pro you can have it replaced within 10 days. Platinum cards cover up to $5000.00 per incident while Centurion cards cover up to $10,000 per incident. It really gives you piece of mind even if your traveling or just very forgetful. Next post we will continue on Platinum or Centurion card.

Update! - My contact at Centurion new accounts has confirmed right now they are on a hiatus on most new applicants. They were told the pool was too diluted with people who were previously wealthy till the real estate bubble popped. They were spending much of the flipping costs on their platinum cards allowing them to apply for the Centurion card. Until further notice they are not allowing most new applicants or sponsorship's from other members. The only thing a sponsor can do right now is add you as an additional card holder and then you can be considered once they start accepting new applicants. Also I was told they are renovating their benefits plan to differentiate the card from their platinum offerings

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Interesting Flight -- Instant upgrade coach to first class (Airbus A380)

2012-11-07T21:19:00.002-08:00

On my flight from Hong Kong back to the United States, I was involved in a very strange incident. I was seated in a first class cabin, which was fairly empty, out of 10 seats only 3 were occupied including mine. After we reached cruising altitude I placed my bag on the seat of the empty cabin alongside of mine and went to the restroom. When I returned my bag was on the floor next to my seat and there was someone laying in the cabin with a eye mask on and a privacy please light on. I was really confused since I didn't see this passenger when we took off, so I assumed someone had gotten upgraded due to a broken seat or so in business class. 10 minutes later the purser walked over and talking to me about my meal choices and I happened to ask why the guy in the seat next to me was upgraded. She looked at her manifest and said it should be empty.

After investigating she found out it was an economy passenger who sneaked up. She said when they see a do not disturb light they don't bother that passenger, so she didn't check for a meal.

It was pretty smart, but they did go and ask him to return to his seat. I thought they were too polite as the fare difference between coach and first class is almost 10 times the price. He shrugged and went back to the plane.

I never knew something like this was possible. I thought it was crazy.

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JP Morgan Palladium Card

2012-11-07T18:19:00.002-08:00

The JP Morgan Palladium Card was waiting for me in my mail. Surprisingly, its a beautiful card and is definitely heavier than my Centurion card. Apparently, its made of one ounce of pure palladium and has some 24 carat gold inlays. The best part of it is my signature is engraved on the back. Very cool!

If anyone is interested in this card let me know and I will post all its benefits, and the application process. Its only $595.00 a year? A steal if you ask me, an ounce of palladium is 609.00 on the open market right now. So if you can't pay your bill go pawn it! I wonder how many cards you can "lose".

I'm Back!

2012-11-07T18:11:00.001-08:00

I know its been a while since I've been gone! I was overseas and had to extend my trip by two months. Now as I settle back in I will be posting new information, new benefits, especially some that I was able to avail on my trip. It feels great to be home!

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Running behind....

2012-08-22T01:38:00.000-07:00

As I work on the next post, unfortunately I am traveling through countries on a heavily busy schedule. I guess someone has to pay the centurion bills. Will be back with loads of great resource as soon as I get back to the states!

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How to get a Centurion Card Part 1

2012-07-07T22:42:00.001-07:00

Welcome to American Express Centurion Living.

Obviously you are here to find out how to get a American Express Centurion card. If you don't know why you want one or what the benefits are your probably in the wrong place. Look around the internet, immediately.

Now I can tell you this, as of right now, all new Centurion card memberships are invite only. You can't apply. They over did it. Too many members and it started diluting the presence of the card. Honestly I couldn't go one evening without seeing at least 3 or 4 people pulling one out. From 1999-2008 I felt like I was the only person with one.

The Old Criteria was this:
Get an American Express Charge Card, preferably Platinum.
Spend $15,000.00 a month on it, pay it in full
After one year call American Express and ask to speak to a Centurion advisor.
Pay $5000 Initiation fee, and $2500 annual fee
Get your card.

What people don't know is that if you know a Centurion Card holder, they can "sponsor" you to get one.
Despite anything, you have to have a relationship with American Express to be considered for a Centurion Card, even most of the Princes of Saudi Arabia had to get a Platinum first. (Even though most of them qualified in one month spending in excess of $1 million dollars.)

In Part 2 I will discuss spending strategies on how to quickly qualify without being a Millionaire...

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Going back to Las Vegas - Centurion Travel Services

2012-06-25T23:55:00.001-07:00

Heading back to Las Vegas, again. This time for a bachelor party that I am holding for an old friend. I wanted to stay somewhere I haven't before so I had CTS book me at the Mirage. My travel adviser was shocked when I told her we would not be needing a jet. No I am not going broke, we decided for this trip we were going to take it easy. Simple trip. So we are driving up, 6 of us in total. I reserved the two, 2 Bedroom penthouses at the Mirage, dinner at Stack in the Mirage, and a table at XS. Have any of you stayed at the penthouse in the Mirage, I heard it had a major renovation but would still rather get real opinions!

Thanks!

Update 1: The Mirage 2 bedroom penthouse is actually nice, decided to stay a second night and paid to upgrade to a Mirage Villa. Will post pictures of both shortly.

Update 2:

Mirage two bedroom penthouse

Finally, a titanium centurion card in the works for the middle east. (Saudi Arabia, U.A.E., Qatar & Bahrain)

2012-06-22T13:13:00.000-07:00

After years of being trapped with a plastic centurion card the middle east is about to get a titanium upgrade! Starting January 1st, 2013 American Express will start sending out titanium Centurion cards to is middle-eastern clients to replace their old plastic variants. For many years, middle easterners have been going to the UK to acquire a titanium centurion card, but no longer.

Retailers Beware! A new slew of unnecessary purchases are on their way!

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Back to Vegas. Jets, Bungalows, Centurion

2012-06-20T12:52:00.000-07:00

Heading back to Vegas today....because its Wednesday!

I didn't really have anything to do today so I decided I would round up some friends and head to Las Vegas for a night. Called American Express Centurion and asked them to package up a night for me. This is what they came up with:

(1) 3 Story Bungalow at Cosmopolitan with 3 bedrooms, and a private outdoor pool.
(2) NetJets - Gulfstream 450 with 2 flight attendants and lunch catering
(3) Table at Surrender Nightclub - main room, center table. 2 bottles of Grey Goose, 1 bottle of Dom (rose), 1 bottle of Ace of Spades.
(4) Dinner at AquaKnox (love the John Dory)

I like how they have gotten to know my preferences over the 100's of trips they have put together for me. So I grabbed my Alligator Maison No 3 Duffle , threw in some randoms including my Tom Ford cologne, (which I highly recommend, as shown below for a super discounted rate!) and Im outta here. Blogging at Van Nuys Airport right now waiting for the plane to be cleaned.

Anyone have better recommendations for Vegas?

VNY - LAS