american express centurion card business

#AMERICAN EXPRESS CENTURION CARD BUSINESS FREE#

This represents an incremental 0.25 mpd, assuming you spend S$250,000 on the dot. Members who spend at least S$250,000 in a calendar year will receive a bonus of 100,000 MR points, or 62,500 miles. Examples of EXTRA partners (not a comprehensive list) Any spending in excess of S$16,000 earns 10.5 MR points per S$1.60. This includes merchants like American Tourister, Breitling, Fred Perry, Hublot, IWC, Lee Hwa Jewellery, Montblanc, and other chi chi places. On the bright side, the first S$16,000 of spending per calendar year at EXTRA partners earns 20.5 MR points per S$1.60, or 8 mpd. I don’t need to tell you that’s way below every other miles card in Singapore. You earn 2.5 Membership Rewards (MR) points per S$1.60 spent in Singapore or overseas, which works out to 0.98 mpd. That’s because the AMEX Centurion card is a benefits card more than a miles card. Whether that’s truth or urban legend I have no idea, but this I do know: if you’re hoping to rake up the miles quickly, this isn’t the right card to use. It’s been rumoured that the Centurion card has no fixed credit limit.

#AMERICAN EXPRESS CENTURION CARD BUSINESS FREE#

Oh, and don’t even think of asking for an annual fee waiver- if Kayne West pays his annual fee, so do you.Ĭenturion members get two supplementary Centurion cards, and an additional two Platinum Charge cards free for whoever they wish. Quite simply, the AMEX Centurion is in a league of its own when it comes to cost.

It’s like hazing, but with more zeros.įor comparison, other top-tier cards like the Citi ULTIMA and the DBS Insignia will “only” set you back S$4,160 and S$3,210 respectively. In addition to the S$7,490 annual fee, all cardmembers pay a further S$7,490 initiation fee. Here’s a sobering thought: before you even spend the first dollar on your AMEX Centurion, you’ll be out of pocket S$14,980. If you really want an AMEX Centurion invite, your best bet is to have a demonstrated history of six-digit spending on the AMEX Platinum Charge. That’s because AMEX is particular about service, and if they don’t have enough relationship managers at the moment, they won’t be able to take on additional members. However, there’s also a hard cap on the maximum number of members in a given country at a time. Now, there’s some wriggle room here, and I have heard of people getting approved with lower incomes or spending. Spend at least S$300,000 a year on the AMEX Platinum Charge.Have an NOA showing more than S$1 million in income.How do you get an invitation to join the ranks of the fabled Black Card? The qualification criteria is shrouded in secrecy, but from what I understand, successful applicants: Here’s a question as old as time immemorial. How do you qualify for an AMEX Centurion? If you’re familiar with these, do share them in the comments below. Prohibitively expensive joining and annual feeĪs with every super premium card, there are bound to be some unpublished and ad-hoc benefits.The kind of exclusivity that other cards can only dream of.

A jaw-dropping list of perks, status, benefits and vouchers.Is a Centurion card “worth it”? If you don’t flinch at the idea of a S$7.5K annual fee (plus a further S$7.5K initiation) and make heavy use of all the benefits, you just might lean towards “yes”. It’s been featured in rap songs and novels, spawned shameless knock-offs, and entered the public consciousness as the ultimate status symbol.īut all that power doesn’t come cheap, and in Singapore, you’ll pay S$7,490 a year, every year, for the privilege of being a card-carrying member. Today, the Centurion is held by celebrities, CEOs, and crazy rich Asians the world over. Of all the elite credit cards in Singapore, not one of them even comes close to matching the mythos of the American Express Centurion Card.Ĭolloquially known as the Black Card, the product was actually launched in 1999 in response to urban legends that circulated throughout the 80s and 90s about a super-exclusive card that American Express issued only to the wellest of the well-heeled.

American express centurion card business