The high-end credit card you can’t leave home without.
For the affluent consumer, a high-end credit card is a must-have, especially in the last few years. Not only do high-end credit card holders receive the same perks as any other credit card user, but they also have access to many exclusive advantages including attending exclusive events, concierge services, travel bonuses, and rewards.
American Express, commonly referred to as Amex, is one of the leading credit card companies in the world.
About American Express
American Express has been a worldwide institution since 1850, dedicated to making a difference in their customer’s lives.
In 1850, American Express emerged as a freight forwarding company and quickly earned a reputation as a trustworthy company that transported their customers’ valuable possessions. Then, in the late 19th and early 20th centuries, American Express began introducing new financial products and travel services, supporting their customers’ needs.
Since then, the company has developed into a credit card company that not only helps customers get what they need, they have also developed programs that help them get around, with loyalty programs for travel.
Don’t take our word for it. Here are some statistics that American Express prides itself in:
- Amex holds a #86 Fortune 500 Ranks
- #23 on Fortune’s 100 Best Companies to Work For
- #16 on Fortune’s World’s Most Admired Companies
- $189 billion in assets
- $40.3 billion in revenue
- $6.9 billion in net income
- $1.2 trillion in worldwide billed business
High-End Amex Card Perks
There is no doubt that American Express offers the best high-end credit cards available. What Makes the card so great? There are more than a thousand ways for users to redeem the points they earn every time they use the card.
Cardmembers are offered the most exclusive perks in terms of:
- Pre-emptive Restaurant Reservations
- Hotel Elite Status
- Airline Perks
- Travel Perks
- Car Rental and Insurance
- Wine and Dining
The more high-end the card is, the better the perks are. All American Express users, however, have access to American Express Travel, where cardmembers can advantage of the travel benefits.
American Express Travel
One of the biggest perks of many high-end credit cards is the travel benefits. American Express, by far, offers some of the best travel perks for cardmembers through American Express Travel.
Amex Cards for You
American Express offers three high-end credit cards for high spending customers. All three require high credit scores. One even requires an invitation. Continue reading to discover which card may be right for you. When you are ready to open an account, Alpen Partners is ready to help.
Formerly known as the Amex Black Card, the Centurion Card is an invite-only card offered only to the most wealthy American Express users. This very well may be the most exclusive credit card out there for the highest spenders around the world and, frankly, is quite mysterious.
This card is associated with high status. The average Centurion holder needs to spend around $250,000 to $500,000 a year just to be invited. An initiation fee sits around $7,500 and the annual fee is $2,500.
There are many rumors surrounding this card, and many may not know what it holds until invited.
The Centurion Card comes in both a business card and personal card.
This card offered by American Express is one of the most well-known high-end charge card options available. One of its biggest draws is five times the membership rewards points on flights that are booked through American Express Travel and the points on prepaid hotels booked through Amex.
Other travel perks include a $100 credit for global entry of TSA Precheck charges, $550 in benefits at final hotels and resorts, and access to over 1,000 global airport lounges.
Additionally, with the American Express Platinum Card, users save $200 on Uber rides paid with by the card and a $200 annual airline fee credit.
Premier Rewards Gold Card from American Express
American Express offers another high-end charge card and this one is designed for the high rolling travelers of the world. When members purchase flights directly through airlines with the card, they earn three times the points and two times the points when used at US restaurants, gas stations, and supermarkets. They also get one point for all other purchases.
Other perks include a $100 annual fee credit for purchases made related to airlines and $75 worth of credits at several locations around the world.
For those of you looking for an incentive to open an account, new cardmembers that spend at least $2,000 in their first three months prior to opening an account, they receive a 50,000 point reward.
Your wealth is important. If you are serious about your life goals, financial planning and investments are probably important to you. Financial planning can involve many steps from tax optimization to asset protection. Different investments have different rules with different returns.
With the help of financial planning, you will be able to predict where you will be in the years to come by evaluating where you are currently, what sources of income you plan to have in the future, investments you plan to make, and your retirement plans.
Alpen Partners Wealth Management International AG, the sister company of Alpen Partners Wealth Management AG, is now a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). Together with our partner Swiss private banks, our company can now offer the full Swiss private banking experience to American clients, both resident and non-resident.