Centurion here I come.....

[Robert K]

You don't need to make a gazzillion to qualify. I certainly don't and I was sent an invitation. It's to do with spend on the card amongst other things.

isn't it like 250k you have to spend a year? that pretty much is a gazzilion.

 

[nlagalle]

isn't it like 250k you have to spend a year? that pretty much is a gazzilion.

Ahh but spending and what you earn are two totally different things.. There will be a threshold on what you spend on the card plus years as a member and also repayment history too.

 

[straitman]

According to wiki it's 2500 to join and annual fee of $5000

The Australian Centurion card has different rates to the US Centurion Card.

See Amex Centurion Card. (To use your quote)

 

[docjames]

isn't it like 250k you have to spend a year? that pretty much is a gazzilion.

Not for some people. And that's who the card is targetted towards.

 

[simongr]

isn't it like 250k you have to spend a year? that pretty much is a gazzilion.

I have been invited with an annual spend of $80K

 

[Jane-Doe]

I think I was invited due to my high spend on overseas travel and restaurants. I don't earn a ton of money but I enjoy spending it well.

 

[Robert K]

80k spend is still a lot. i wish i even made that much

 

[ozmille]

80k spend is still a lot. i wish i even made that much

Some people might be putting through business expenditure on the card (unless I am mistaken)

 

[nlagalle]

Some people might be putting through business expenditure on the card (unless I am mistaken)

Correct. 90% of the charges on my card are business related.

 

[Homer]

Some people might be putting through business expenditure on the card (unless I am mistaken)

I’ve had a card for six or so years (can’t remember exactly) and I was told some years back that AMEX weeds out the tradies who put all their Bunnings purchases on the card, etc, and looks only at discretional spending. Though recently it seems to me that they might have broadened their base.

 

[ozmille]

I’ve had a card for six or so years (can’t remember exactly) and I was told some years back that AMEX weeds out the tradies who put all their Bunnings purchases on the card, etc, and looks only at discretional spending. Though recently it seems to me that they might have broadened their base.

I stand corrected and am impressed Something to aspire to in life

 

[Homer]

I stand corrected and am impressed Something to aspire to in life

No mea culpa required as I suspect you are indeed correct. These days Platinum is the new Gold and Centurion the new Platinum.

 

[ozmille]

Apparently the minimum spend to get the card in Belgium is EUR125.000 pa

 

[QF029]

80k spend is still a lot. i wish i even made that much

Maybe spend less time posting your 'insights' on AFF!

 

[ozmille]

No mea culpa required as I suspect you are indeed correct. These days Platinum is the new Gold and Centurion the new Platinum.

Maybe time for a Centurion One

 

[simongr]

80k spend is still a lot. i wish i even made that much

Given that middle income is defined by Gillard's govt as 150K or less then you have a way to go.

Some people might be putting through business expenditure on the card (unless I am mistaken)

I only got invited as I had a big holiday and pushed lots of hotel/tiffanys/flights through the card and was spending money in lots of countries.

 

[wozza62]

Some people might be putting through business expenditure on the card (unless I am mistaken)

You aren't mistaken, in fact I think Amex encourage it. They issue you two Centurion cards that can be billed and reconciled separately. One for business and one for personal use etc.
Myself, I would spend on average 275-300K per annum on my Centurion card which would be 75% business and 25% personal.

 

[wozza62]

Given that middle income is defined by Gillard's govt as 150K or less then you have a way to go.

I think you will find that the 150K you are referring to is combined family income, not single income.

 

[serfty]

I think you will find that the 150K you are referring to is combined family income, not single income.

Still does not vary what can be put through a card ... irrespect of a combined or single income.

 

[Robert K]

Maybe spend less time posting your 'insights' on AFF!

sorry, i'll shut up now