Friday, April 14, 2006

"Luxury" Credit Cards

Forbes has a story this week on luxury credit cards, including the American Express Centurion card, also known as the ultra-exclusive American Express Black card.

The appeal of these cards is to some extent their rich rewards, but since they are generally only offered to very rich people, it's questionable whether rich people carry them for their rewards (not that rich people don't appreciate getting rewards; they didn't become rich by mistake).

Their main attraction seems to be the fact that only a small number of people are invited to carry them and only a small number could even afford to carry them (the American Express Black card requires you to spend $250,000 per year on the card).

Many of them have rewards of private jet travel, which sounds nice but unnecessary, although perhaps Lindsay Lohan does prefer to travel away from the admiring throngs, so for some of us it makes sense.

The world's a crazy place sometimes. Most times, actually.


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