Prestigious Credit Card for Top Traders

R

RedSun

I do not see this discussed much. What are the credit cards that traders desire to have? The exclusive type, not the AmEx Platinum card that offers a lot of junk benefits with a high annual fee. I can think about the following:

AmEx Centurion card. AF is probably too high.
JP Morgan Reserve
Citi Chairman's Card

Those cards are by invitations only and require $MM in assets with the firms. I do not know if there are other cards other than those. I do not consider cards issued by foreign banks.
 
RedSun said:
I do not see this discussed much. What are the credit cards that traders desire to have? The exclusive type, not the AmEx Platinum card that offers a lot of junk benefits with a high annual fee. I can think about the following:

AmEx Centurion card. AF is probably too high.
JP Morgan Reserve
Citi Chairman's Card

Those cards are by invitations only and require $MM in assets with the firms. I do not know if there are other cards other than those. I do not consider cards issued by foreign banks.
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I would think that top traders pay for everything in cash.
 
I think the platinum is worth it.

upgrades and late checkout at fine hotels.
access to various lounges at many airports.

i qualify for an Amex centurion (at least according to the unofficial criteria) but they still haven’t invited me.
 
A debit card. IOW, cash payment in full at time of purchase.

For goods and services that REQUIRE a credit card such as car rental, prefer a zero interest rate over cash-back and other gimmicks because YOU NEVER KNOW what can and will happen between a transaction date and a payment due date.

I have no interest in picking card colors or designs.
The clerk will think less of me??
 
tiddlywinks said:
A debit card. IOW, cash payment in full at time of purchase.

For goods and services that REQUIRE a credit card such as car rental, prefer a zero interest rate over cash-back and other gimmicks because YOU NEVER KNOW what can and will happen between a transaction date and a payment due date.

I have no interest in picking card colors or designs.
The clerk will think less of me??
More...
%%
LOL\ never though much about a clerk or jerk 's thoughts.
I like a debit card/ or gift card for year$\ WMT's MUR gave a good gift card discount\ but slammed that door this year................................................................................
NOT likely anyone[except banks] wins any over long run with credit cards\ people spend more them them:caution::caution:
 
Who fucking cares? How old are you? I have 3 credit cards with most likely much higher limits than you have or might ever have. Yet I pay with my debit card for everything. Does a special card make you special? I beg to differ.

RedSun said:
AmEx Plat card is too common. Nothing exclusive. Loaded with junk or worthless benefits.
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What hidden fees? Do a preauthorized agreement to have the entire balance taken out at each settlement, there are no hidden fees then.

jessyrich said:
Most of my coworkers using Continental finance cards. When it come to loans , we always use target cash now . Here are the reviews, ways to contact customer service and other important details. I am still with the other bank, but plan to switch next months too. I have way too many hidden fees on my credit card , which is pretty annoying
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Few in my wallet, amex plat for travel lounge access when I travel, can bring a guest in amex club and 2 guests in priority pass clubs, which probably get back what I pay for in foods. Citi custom cash for gas only, get 5% back. Other charges like car insurances and one offs are on my fidelity visa, 2% cash back.
But I guess however much cash back I get in a year, I could lose in one bad trade. I just like to play the card game, an old habit.
 
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