I heard if you have like 33m under assets the banks will offer to send your kids to a financial education camp with other rich parents that have 33m under assets. Lol
Buyer beware: unless you’re spending hundreds of thousands a year AND actually take advantage of the perks, you will never recoupe those ridiculously high annual fees. Most mainstream credit cards provide very good perks FOR FREE.
Fake news. Most cards with actual good perks or cashback all have annual fees. Clearly he doesn’t even own good cards. Plenty of video on cards like Amex Platinum or Chase Sapphire Reserve
Once an Indian guy came in to my restaurant and bought falafel for him ans his wife, the total was $32 and he paid with the jp morgan, in my hand it felt heavy so I looked it up, insane
Yeah I’ve got a family member who has had it for decades now. It was something to do with him being one of the earliest customers and users of amex in the UK back in the nineties. He’s loved using the concierge ever since
Just think about it, these credit cards have no limit, why not buy the bank releasing this card. Being the owner you don't have to pay the debts and now you own a bank.
Honestly concierge is useless. They do the same thing i can do on google to reserve a table - have had many times where they couldn’t even get a reservation at something as simple as Disney. Shopping? By the time i explain to them what to buy i can hop online and buy it. Only useful perks i have found are the reward points and lounge access.
No no no. Of course something like Restaurant reservation is not useful but can you imagine if you can just say. „Hey please get me a ticket for this concert even if its sold out a Limousine to get there and a service to get my bag to the hotel“ and they do all of it for you
Acutally- the AMEX concierge has been amazing in the past. Reservations are hit or miss depending on the place- things like flowers, concert tickets, ground transportation- taking care of several logistics in one call.
Looked it up and it’s nothing but a status symbol. The perks are like identical to sapphire reserve. It’s just a way to tell people you have $10M assets
@@dailyrant4068 pretty much, the only good thing was the card because palladium is quite an expensive metal the old cards actually were worth a bit for the metal
....THE PERSON WHO INVENTED THE CREDIT CARD HAS STATED IN PUBLIC ON AIR , RECORDED FOR ALL TIME .... "THE CREDIT CARD IS A SCAM". if you use one you are being scammed , demand a return to a gold standard not one that does not exist.
@@stoopidhoomons You're a typical conspiracy theorist. If there is truth to your settlement, then by all means show the logic/reason behind why it's a scam. If what you mean is that credit card interest rate is a ripoff, I 100% agree with you but your message was clearly just a typical fear-mongering one with zero substance behind it
Absolutely correct, thought the same and spoke to myself „Nan you don’t need to have at least 5 Mio“ hahaha Previous Black & Plat AE Customer -> Now Revolut ULTRA - only actually platinum coated / palatinated card globally … such a shame you nearly nowhere can use AE in Germany…or in France…even in St Tropez etc. Never besides in boutiques of global fashion brands, could go tell my Neffen here dude grab uncles card and get us xyz to eat causenthey would not accept it.
Infinite money glitch: take the credit card to the us mint, buy millions of dollars in cash with the credit card, file bankruptcy to get rid of the debt, profit.
@@dailyrant4068 u never ever esrning cash back... al the CC Company's are there to harvest money not for your benefit .. fact that u think u are earning cash showed how brainwashed u lot are
lmao who cares about credit cards and score and why are people constantly talking about hundreds of thousands and millions if any average joe got it it’s be gone and even nba rookies or what not get paid those amt in this day and dage its not even an exorbitant amount
Most of this info is wrong. You don’t need a 5 million net worth for Amex black. You just need to spend 250k or more a year before they offer it to you. Garbage content!
The Dubai MasterCard holders must have some group chat
😂
😂
I heard if you have like 33m under assets the banks will offer to send your kids to a financial education camp with other rich parents that have 33m under assets. Lol
Buyer beware: unless you’re spending hundreds of thousands a year AND actually take advantage of the perks, you will never recoupe those ridiculously high annual fees. Most mainstream credit cards provide very good perks FOR FREE.
Almost nobody watching this will ever be able to apply to them anyways lol
Fake news. Most cards with actual good perks or cashback all have annual fees.
Clearly he doesn’t even own good cards. Plenty of video on cards like Amex Platinum or Chase Sapphire Reserve
@@dailyrant4068Nope . Perks and fee waived every year 😂
Once an Indian guy came in to my restaurant and bought falafel for him ans his wife, the total was $32 and he paid with the jp morgan, in my hand it felt heavy so I looked it up, insane
32 dollars 😭
For sure he didnt tip
@@antonioelmurr7731el diablo's jealous😂
Are you serious 🧐
Excellent points!
Guys, just for your information, the American Express Black Card is *invitation* only.
Yeah I’ve got a family member who has had it for decades now. It was something to do with him being one of the earliest customers and users of amex in the UK back in the nineties. He’s loved using the concierge ever since
The Dubai Master card is only for the Dubai Royal family's, so yes no outsider can have it.
I was feeling cool when AE preapproved me for the black card.
Same lol
The best credit card is the one you don’t have
Wrong
I've been using credit cards for 13 years and I have never paid interest. My credit score is 815-830 rage. If you know nothing just say so
Credit cards are a god send during inflation times if you know how to structure debt properly.
Just think about it, these credit cards have no limit, why not buy the bank releasing this card. Being the owner you don't have to pay the debts and now you own a bank.
Yeah it’s Big brain time.
He doesnt even have one of them
People, we are talking about a credit card!
Honestly concierge is useless. They do the same thing i can do on google to reserve a table - have had many times where they couldn’t even get a reservation at something as simple as Disney. Shopping? By the time i explain to them what to buy i can hop online and buy it. Only useful perks i have found are the reward points and lounge access.
No no no. Of course something like Restaurant reservation is not useful but can you imagine if you can just say. „Hey please get me a ticket for this concert even if its sold out a Limousine to get there and a service to get my bag to the hotel“ and they do all of it for you
Acutally- the AMEX concierge has been amazing in the past. Reservations are hit or miss depending on the place- things like flowers, concert tickets, ground transportation- taking care of several logistics in one call.
American card's so cheap annual fees
yupp i know right! 👌
Jerry epstein and s combs ran the exclusive members only program from the first card as concierge
Last I heard the JP Morgan card is no longer made out palladium that’s why they changed the name from palladium to reserve
Looked it up and it’s nothing but a status symbol. The perks are like identical to sapphire reserve. It’s just a way to tell people you have $10M assets
@@dailyrant4068 pretty much, the only good thing was the card because palladium is quite an expensive metal the old cards actually were worth a bit for the metal
....THE PERSON WHO INVENTED THE CREDIT CARD HAS STATED IN PUBLIC ON AIR , RECORDED FOR ALL TIME ....
"THE CREDIT CARD IS A SCAM".
if you use one you are being scammed , demand a return to a gold standard not one that does not exist.
Credit cards and the gold standard aren't even the same topic of conversation
It’s just a random troll talking non sense
@@dailyrant4068 who is a troll? you maybe what i speak is truth .
@@stoopidhoomons You're a typical conspiracy theorist. If there is truth to your settlement, then by all means show the logic/reason behind why it's a scam. If what you mean is that credit card interest rate is a ripoff, I 100% agree with you but your message was clearly just a typical fear-mongering one with zero substance behind it
Net worth is not important for Amex black
-Centurion Card Holder
Absolutely correct, thought the same and spoke to myself „Nan you don’t need to have at least 5 Mio“ hahaha
Previous Black & Plat AE Customer -> Now Revolut ULTRA - only actually platinum coated / palatinated card globally … such a shame you nearly nowhere can use AE in Germany…or in France…even in St Tropez etc. Never besides in boutiques of global fashion brands, could go tell my Neffen here dude grab uncles card and get us xyz to eat causenthey would not accept it.
All this just to use Apple Pay😭
I'll apply for one today 😅😅😅
Infinite money glitch: take the credit card to the us mint, buy millions of dollars in cash with the credit card, file bankruptcy to get rid of the debt, profit.
the dubai one looks just bling and not classy at all
This list isn't even close to accurate.
So you guys have the Dubai one then? 😜
actually 2.. one for each of us. You just never know when you want to buy a yacht on vacation.
@@Roamaroo - that’s what I thought 😜
@@MrGreatplumThats not what u thought. 😅.
Visa is better than mastercard.
So Amex number 1
So you mean to say id have to be rich enough to have 10 mn invested in one place but somehow still need a credit card for whatever reason..ok!
What about Insignia Card that is top card in the world
I'd give fancy perks too if it was netting me millions in interest annually.
200 members . How many outlets 😂
bro the black card sucks i was about to get it but then my frnd who owns it told me its absolutely useless so i just got coutt and its way better
But who still carries a card? 😅
I have a Dubai first Cashback card 😂
no.5 look so weak 😂 500usd annual fee
using a cc is utter bs just pay per phone or cash or normal transactions... dont give your cash to bank corps
Or if you are educated about finance you would know by paying off via auto pay you are earning cashback for free…
@@dailyrant4068 u never ever esrning cash back... al the CC Company's are there to harvest money not for your benefit .. fact that u think u are earning cash showed how brainwashed u lot are
@@dailyrant4068 Cashback?
I want a f free card with lounge access that is all
This is old information, 3 of these cards no longer exist for years now. Bad content guy.
oops i dropped my credit card...
lmao who cares about credit cards and score and why are people constantly talking
about hundreds of thousands and millions if any average joe got it it’s be gone and even nba rookies or what not get paid those amt in this day and dage its not even an exorbitant amount
Rooted
Citi is shayt
terraria ???
so rich people have rich stuff, great, wow, amazing, pity the rest of humanity is F ed.
I’m
0:01
Who gives a sh*t
I
Most of this info is wrong. You don’t need a 5 million net worth for Amex black. You just need to spend 250k or more a year before they offer it to you. Garbage content!