AMEX Centurion Card

[Creditaddict]

---

@Charmante wrote:

Thank you both for the insight... Well I guess that loophole is not true. Lol You would think if you can verify a 7 or 8 digit annual income you could immediately achieve access to something more attractive than a Capital One QS or a Debit Card... Lol I guess...

---

I think the better question is if you can have a million-dollar salary, why you can't stay current with your bills have "A" American Express Card and other prime banks first!

[elixerin]

income is absolutely nothing to AMEX, i actually think it means more to Chase. I've linked a Financial account to the Platinum Card, attempted a spending power of $8,000(Fraction of what they can see with me after link), Declined. $5000 is the "limit" or at least what i tried and got accepted at... 100k+ spent and paid since January on just Plat, forget a centurion invite rather ive been getting AA'd up the ass (ask anyone on the forums, i posted a LOT). Met with CPA monday and will be attempting a voluntary Financial Review soon.

As you can see these are my issues with 300k+ reported to AMEX, always PIF, 700+ FICO's

Def 200% agreement with @Saeren's statement. AMEX sees money, doesn't mean you'll necessarily pay what you charged with them, that trust has to be earned. Only with current experience am i now realizing how legitimate this statement is.. Also he/she's a live example that this is how it works, 18.5K reported income can (and does) have about 5x my currently available credit

Best wishes on your Journey

FYI: i remember a couple months old post of an individual who had no credit for 18 or so years but through the Chase Private Relationship managed to secure a 60k+(i think)? Sapphire Reserve line, not quite the Centurion but not terribly far behind (status-wise, value-wise im sure you already know.) Also i can confirm (i wish through me xD) that Centurion card reports just like any charge card 

[Charmante]

Because I was raised that cash is king. I've never had more than a couple cards my entire life and disregarded them as wastes of time... But today's world is no longer like it used to be. And I am trying to catch up. Now I am "new to credit" at 36. Smh...

[Charmante]

You made a lot of sense. You have me curious...

1) What does "Attempted a spending power of $8,000" mean?

2) You linked what accounts? You mean you linked a Chase bank account to an AXEX card or...?

3) 100k+ spent on a Platinum AMEX or Chase?

4) What does AA'd mean...? Lol

You make me feel behind on English. Lolol

ALSO your story about the man (or Woman) having NO credit for 18 years, then getting a $60,000+ Chase Sapphire Reserve Line... Wow!

1) $60,000+ SL?

2) What exactly IS the Chase Private Relationship...? How do I create one?

I feel like I REALLY should join Chase... I bank with a tiny little local bank. Not even $500m in assets. Lol

Walk me through this Chase Private Relationship process.

Thank you.

[wasCB14]

I've never heard of Chase Private Relationship.

There is Chase Private Client ($250k minimum officially, maybe $100k in some cases).

There is JPM Private Client Direct (which I nominally seem to be grandfathered into, even though the account is closed) requiring something like $1M, maybe more now.

There is JPM Private Bank at $10M.

[wasCB14]

It may be the case that personal Centurion cards report personally, while small business Centurion cards with a personal guarantee do not (so long as the card is paid as agreed). That would fit with the general "business cards don't report personally" practice at Amex.

[NRB525]

---

@Charmante wrote:

Because I was raised that cash is king. I've never had more than a couple cards my entire life and disregarded them as wastes of time... But today's world is no longer like it used to be. And I am trying to catch up. Now I am "new to credit" at 36. Smh...

---

Can you list out the credit cards you already have? That gives a perspective on where you are in credit.

Bank, brand of card at the bank, month and year opened, and credit limit.

Also, with a successful business, where do you do your business banking?