Luxury Card (site updated)

[Anonymous]

I think they must be banking on the word [LUXURY BOLDLY PRINTED ON THE CARD] for such annual fees.  A $995 annual fee? Yeah, Ok.  I am sure there are some takers out there who will pay that amount for a status.

[longtimelurker]

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@Anonymous wrote:

They have got to be nuts over there.

$995/yr annual fee for mediocre benefits? I am sure the fee is mostly related to the "gold plated" bit.

Gold plating takes the actual value of the card up a handful of cents, quite literally. Not to mention 24K gold is so soft that the face of the card scratches easier than almost anything else they could use. These cards are OFFENSIVE.

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May not be nuts.    You don't have to have a whole load of people signing up for the gold card to make a good profit.   And I am sure that there will be some.

[CreditCuriosity]

Wow I guess their are alot of not savvy person in this world as this is just awful what they are doing to people IMO.  Makes the Platinum/Ritz/Prestige look like chump change.  They are seriously trying to gouge people badly off of just really "looks" alone and the need to impress without benefits worth much to back it.  Is this actually a Barclays product?

[azguy13]

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@CreditCuriousity wrote:

Wow I guess their are alot of not savvy person in this world as this is just awful what they are doing to people IMO.  Makes the Platinum/Ritz/Prestige look like chump change.  They are seriously trying to gouge people badly off of just really "looks" alone and the need to impress without benefits worth much to back it.  Is this actually a Barclays product?

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While I agree that this card is ridiculous in comparison to others, you have to admit that there will be a number of people who will get it simply for its looks. How many users on this forum choose a card because it looks nice? I have read numerous threads about people applying for the CSP just because they want the metal card. I am sure there are a few Ritz holders out there as well who got the card just to "show off" how heavy it is. 

Just like another person said, it is a status thing and I am sure they will get enough people to "bite" to make it worth it. 

Still a lame card though for the AF vs benefits. 

[ddemari]

Dang, that 995 annual fee gold card is stupid but mannnnn I want it!!!!! I cant justify that annual fee no way haha. 

[CreditCuriosity]

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@azguy13 wrote:

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@CreditCuriousity wrote:

Wow I guess their are alot of not savvy person in this world as this is just awful what they are doing to people IMO.  Makes the Platinum/Ritz/Prestige look like chump change.  They are seriously trying to gouge people badly off of just really "looks" alone and the need to impress without benefits worth much to back it.  Is this actually a Barclays product?

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While I agree that this card is ridiculous in comparison to others, you have to admit that there will be a number of people who will get it simply for its looks. How many users on this forum choose a card because it looks nice? I have read numerous threads about people applying for the CSP just because they want the metal card. I am sure there are a few Ritz holders out there as well who got the card just to "show off" how heavy it is. 

Just like another person said, it is a status thing and I am sure they will get enough people to "bite" to make it worth it. 

Still a lame card though for the AF vs benefits. 

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Slight difference in benefits though from the 95$ AF CSP and 195-995$ version of this card lol.  I agree people will get it.. Just sad Barclay's is doing this.  Wonder if anyone on this forum will admit to applying for it

[woodyman100]

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@CreditCuriousity wrote:

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@azguy13 wrote:

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@CreditCuriousity wrote:

Wow I guess their are alot of not savvy person in this world as this is just awful what they are doing to people IMO.  Makes the Platinum/Ritz/Prestige look like chump change.  They are seriously trying to gouge people badly off of just really "looks" alone and the need to impress without benefits worth much to back it.  Is this actually a Barclays product?

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While I agree that this card is ridiculous in comparison to others, you have to admit that there will be a number of people who will get it simply for its looks. How many users on this forum choose a card because it looks nice? I have read numerous threads about people applying for the CSP just because they want the metal card. I am sure there are a few Ritz holders out there as well who got the card just to "show off" how heavy it is. 

Just like another person said, it is a status thing and I am sure they will get enough people to "bite" to make it worth it. 

Still a lame card though for the AF vs benefits. 

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Slight difference in benefits though from the 95$ AF CSP and 195-995$ version of this card lol.  I agree people will get it.. Just sad Barclay's is doing this.  Wonder if anyone on this forum will admit to applying for it

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This^^^^LMAO

[woodyman100]

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@Anonymous wrote:

I think they must be banking on the word [LUXURY BOLDLY PRINTED ON THE CARD] for such annual fees.  A $995 annual fee? Yeah, Ok.  I am sure there are some takers out there who will pay that amount for a status.

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If you gotta say it's Luxury, it aint luxury!

[woodyman100]

Other than a magazine, doesn't the Titanium copy an arrival in benefits?

[14Fiesta]

The only way this card would be worth it for the annual fee is if Barclay's UW department got told by corporate to not take AA on any luxury accounts. That would make the forum happy!