You don't think anyone managing multimillion operations wouldn't at least do basic research on an unnecessary expense if you are qualifying for both personal and business black cards You additionally can't write it off. I now have 2k in annual credit card expenses so adding upwards of 5k more and not being diligent is how you build wealth slow instead of fast. Best thing you can do is be diligent when it comes to where your money is going
@@CleoSolarLongform If you think about 2k or 5 k or 7k and whether you can write those charges off the taxes you not the target group that AmEx has in mind for his "Cent"Clients 😁 American Express don't look for clients to build wealth rather than built wealth and clients continuing to expand their existing wealth. So it's not about HNWIs or VHNVIs, but UHNWIs.
Another superb video Simon…I just rewatched your review of the JPM Chase card from 3 years ago…if your schedule allows could you update the card ? It’s nice to see a review from someone who has the card verses someone who repeats data points they find online.
Excellent video man. It's been a goal of mine to have a Amex Centurion card of my own- i will make it happen 💵 thanks for the tips and the information.
Good Vid. Luv these AECC vids. It was quite informational. This vid goes along good with the ask sebby vid from about eight months ago titled " How to get the Amex Centurion card.Amex Black Card Real date points". Very Informational and very good vid.
Quick question also as multiple CC holder (Chase/Amex/C1) - did you deliberately put luxury / travel spendings on Plat for Centurion application? As my first reaction for any big spending other than airline or something I potentially return I will always reach out to other “catch all” cards instead of plat
@simonkatzshow hi Simon, i was wondering what happens after you get an invite to join. Is there a process that happens before you get the card or something like that? Could you do a video on it if possible?
Hey Simon, I like your videos. Would you make a video talking about a bank account that can take Zelle but at the same time have a decent yield? For example, the big banks (chase, boa etc) take Zelle, however have low yield. And systems like AMEX, Acorns and SOFI they have high yield however, they take no Zelle... Trying to consolidate my finances in 1 place, help!!!!
Question: Exactly how are you referring people? Is there a form you fill out? Couldn't someone just have the platinum, spend $500K+, and then call them?
Hey Simon great video! Does it matter if its the "regular" platinum as oppose to the "Schwab Platinum"? Also, does any spending on the Gold card in addition to the Platinum card count towards the equation? 4x points for food and drinks. TIA
Gold is great for restaurants and grocery stores. Platinum for travel and lounges. Schwab platinum I did a review on it’s on the channel and i talked about the differences.
Hey Simon I really appreciate your videos. Fellow Bay Area guy here. Do you ever recommend people for the card? I’m way over the requirements you describe and would love to get the card!
I think so especially since they removed the option from Private Client which only required a small amount of investment. They now want you to be a JP Morgan Client. I will do an updated video on it.
![What Credit Cards You Should Have by INCOME? [Detailed Review]](/img/1.gif)
Truth is: people watching Centurion vids are not the target group - yes, myself included ☺
Iam 🙃 & looking at these vids.
I can’t stand the thought of getting 1x points on spend 😂
You don't think anyone managing multimillion operations wouldn't at least do basic research on an unnecessary expense if you are qualifying for both personal and business black cards
You additionally can't write it off. I now have 2k in annual credit card expenses so adding upwards of 5k more and not being diligent is how you build wealth slow instead of fast. Best thing you can do is be diligent when it comes to where your money is going
@@CleoSolarLongform If you think about 2k or 5 k or 7k and whether you can write those charges off the taxes you not the target group that AmEx has in mind for his "Cent"Clients 😁
American Express don't look for clients to build wealth rather than built wealth and clients continuing to expand their existing wealth.
So it's not about HNWIs or VHNVIs, but UHNWIs.
FYI. It’s back on. Received mine last week.
Helps a lot if you’re outside the US, here in Mexico even the acceptance fee is lower ( 5k instead of 10k)
Not bad to get it at a discount
Thanks for the updated video on the Centurion.
The Centurion card will always be on my hit list.
You bet!
Another superb video Simon…I just rewatched your review of the JPM Chase card from 3 years ago…if your schedule allows could you update the card ? It’s nice to see a review from someone who has the card verses someone who repeats data points they find online.
I’ll do an update soon!
Excellent video man. It's been a goal of mine to have a Amex Centurion card of my own- i will make it happen 💵 thanks for the tips and the information.
You can do it! Thanks for watching!
very informative as always.. thanks Simon
Glad you enjoyed it
Good Vid. Luv these AECC vids. It was quite informational. This vid goes along good with the ask sebby vid from about eight months ago titled " How to get the Amex Centurion card.Amex Black Card Real date points". Very Informational and very good vid.
Thank you
Here Since day 1 my friend. Been waiting for another Amex vid. 👏🏽
Love the DAY 1 folks! Thanks for sticking around cheers
Quick question also as multiple CC holder (Chase/Amex/C1) - did you deliberately put luxury / travel spendings on Plat for Centurion application? As my first reaction for any big spending other than airline or something I potentially return I will always reach out to other “catch all” cards instead of plat
Is there a difference between the centurion card and the platinum concierge service??
I would like to see Amex release a credit card between Centurion and Platinum but I think they decided against it unfortunately.
Yeah, is there a need for it? I dont think so!
To get the Jp Morgan Palladium Card you need to have a minimum of 10 million on deposit with Chase
Not true. It’s $5 mil or account with JP Morgan and some people just have large investments accounts but under the $10 mil.
@simonkatzshow hi Simon, i was wondering what happens after you get an invite to join. Is there a process that happens before you get the card or something like that? Could you do a video on it if possible?
Hey Simon, I like your videos. Would you make a video talking about a bank account that can take Zelle but at the same time have a decent yield? For example, the big banks (chase, boa etc) take Zelle, however have low yield. And systems like AMEX, Acorns and SOFI they have high yield however, they take no Zelle... Trying to consolidate my finances in 1 place, help!!!!
I I’ll do it
do they still do business centurion cards? we spend 4-5M a year on platinum and gold cards so I would assume they would honor a request for invite?
They do. I feel it’s easier to get a business than personal. You should request.
Question: Exactly how are you referring people? Is there a form you fill out? Couldn't someone just have the platinum, spend $500K+, and then call them?
Hey Simon great video! Does it matter if its the "regular" platinum as oppose to the "Schwab Platinum"? Also, does any spending on the Gold card in addition to the Platinum card count towards the equation? 4x points for food and drinks. TIA
Gold is great for restaurants and grocery stores. Platinum for travel and lounges. Schwab platinum I did a review on it’s on the channel and i talked about the differences.
For military members, are we waived from the annual fee of this card?
Yes you should be!
Hey Simon I really appreciate your videos. Fellow Bay Area guy here. Do you ever recommend people for the card? I’m way over the requirements you describe and would love to get the card!
Thank you. I rarely do but reach out on insta
When you made Centurion Card referrals, did you vet them based on Amex's criteria for the Centurion Card before you made the referral?
Absolutely.
i'm in popup jail can get the platinum but can"t get the sub with the card
Interesting…I’ve been seeing ALOT of unhappy Centurion Members. I wonder if this has something to do with it.
A lot of the members really expect the highest services! Overall, it is the best card out!
Lol true
Great video thanks
You bet
Wonderful Simon
Thank you!
How about the jp Morgan card?
Video will come
Is it hard to get the jp Morgan card?
I think so especially since they removed the option from Private Client which only required a small amount of investment. They now want you to be a JP Morgan Client. I will do an updated video on it.