| Excellent Credit Cards - Have You Heard Of The Black Card? |
| Written by LauraStenson | |
| Wednesday, 30 September 2009 | |
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Most of what we hear in the media when it comes to credit is negative. We hear terms like crisis, crunch, and stories of all of those people who are in over their heads in unsecured debt.
Most of what we hear in the media when it comes to credit is negative. We hear terms like crisis, crunch, and stories of all of those people who are in over their heads in unsecured debt. Most of us are in a low to middle financial bracket, and are more susceptible to the ill effects. Companies have a host of offers that cater to us middle of the road folks and an equal amount of products that can assist those who truly are in over their heads. There is another class of people out there, though. 2009 statistics show that only 2% of Americans are millionaires and even a smaller portion of that 2% actually qualifies for the highest tier of cards. Have you heard of the black card? These cater to the extremely wealthy. They are not advertised because they are by invitation only. Once you qualify for the highest tier and meet the minimum requirements for the black card, will you get an invitation. You are probably curious; what are the minimum requirements? Obviously, you must not have any negative items on your report. Likely you have to spend at least $250,000 annually. If you have enough assets to afford this, the $5,000 application fee and the $2,500 annual fee probably wont bother you. If you do qualify, what are the perks? Free first class stays in participating hotels, a stake in a private jet, and luxury services like free spa service, first class upgrade on airlines should you not want to use your jet, and a key to those secret lounges in airports. The specific benefits will vary company to company. If you have an excellent score, spend a significant amount per year then you will qualify. You should investigate the rewards packages because that will be the biggest differences between offers. In addition with all the recent uncertainty in the markets, those with a good rating are very valuable assets to the credit card issuers. From the Webmaster: "Having the opportunity to share my hobbies and interests with so many people around the world gives me great satisfaction. As a bonus, I blog and produce websites about topics that interest me and receive ad revenue from the websites and Blogs." You can live like this too. Get your domain name and set up a blog on your favorite place or topic. No come-ons. No "Get-Rich-Quick" promises. The results are worth the time and effort needed to build a REAL business.You can start your first or your fiftieth Blog or website to build long- term, ever-growing profits that can take you where you want to go. For less than $10 dollars a year for a domain name and $3.95 a month for basic blog hosting you can start to earn from your hobby or interest. To begin, Click here to sign up for a domain name and Blog hosting . Or, Click here to learn more about starting a blog or website for profit. |