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Centurian Card application

Posted:
03 Oct 2005, 23:42
by milan marcus
I've been told that there are no new memberships for this year with Amex inviting people only next year...Is this true anyone know anyone invited this year? Any thoughts?

Posted:
04 Oct 2005, 10:20
by Bazz
LRoM is our resident Centurion expert here and I am sure he will respond in due course.
My (humble) understanding is that AmEx are not currently signing any new Centurions in the UK as there target/budget/quota or whatever yardstick they use, has been reached.
Membership will open again as and when they feel they need more.

Posted:
04 Oct 2005, 10:23
by preiffer
Originally posted by Bazz
Membership will open again as and when they feel they need more.
... or sign up another corporate agreement

[:p]

Posted:
04 Oct 2005, 11:27
by RichardMannion
Bazz is correct they are not accepting any new members per se this year for Centurion, that is via the 'acquisition' route of looking for prosepective new Centurion customers from the existing Charge Card base of customers (green/Gold/Platinum).
Of course you can always lookt os kip this route if you have open a private bank account with AmEx and deposit a significant amount of money ($500k is the touted figure), this route will also waive the annual fee of £650 too.
So it will be a case of having to wait until the next acquistion period, but note the numbers that acquired are usually small (around 100 members at a time). So the spend band will move depending on other card members spend, high spending accounts are constantly reviewed and flagged for possible Centurion invites during the next period. You can always phone up and register your interest in the card, and they will note it down and potentially do a quick review to seeif you are likely to meet the normal criteria, so if you have had a charge card with them for a few years, have a perfect payment record of 12 months or longer and are demonstrating a healthy spend (figure varies, but £5k+/month and months hitting 5 figures will not hurt) then you will be in good stead.
Thanks,
Richard

Posted:
05 Oct 2005, 16:59
by bostonbrit
Amex UK tends to do a 'sweep' once a year to pick out 'appropriate' prospective card holders. For people considering the card, do remember it comes with a pretty steep annual fee; if you don't plan on traveling that much, and can't take advantage of some of the travel perks, you may strugle to justify the fee. Membership comes at a price...

Posted:
05 Oct 2005, 19:00
by RichardMannion
Originally posted by bostonbrit
Amex UK tends to do a 'sweep' once a year to pick out 'appropriate' prospective card holders. For people considering the card, do remember it comes with a pretty steep annual fee; if you don't plan on traveling that much, and can't take advantage of some of the travel perks, you may strugle to justify the fee. Membership comes at a price...
Very true on the fee point - if you are balking at the cost, then the card is most likely not for you. I like my value proposition, and for me and my family it makes sense.
Thanks,
Richard