different type of credit cars

[Ylen13]

I konw their are classic, gold and platinum crecit card. But i just got credit card offer in the mail and it says its a dimond prefered creditcard its from citibank and its a mastercard.Anyone know what is dimond prerefed.Did they come out of a new type of credit card(new level)?

 

[pyonir]

what is a credit car?

 

[Cyco]

It's like a crecit card only different.

 

[Viper GTS]

They're marketing terms, nothing more.

More valuable metals have generally represented higher limits, lower rates, and more perks.

But the terms themselves are meaningless.

Viper GTS

 

[cmdrdredd]

it's not a new level. It's just a type. The colors have to do with your income and credit rating. Those with average are usually gold and those with super credit get plat. Diamond is likely the same with plat with some added benefits like cashback bonus etc

 

[Kevin]

Color, size and shape don't matter. All that matters is what they give you such as Annual fee, credit limit and APR percentage rates...

 

[Ylen13]

Originally posted by: Viper GTS
They're marketing terms, nothing more.

More valuable metals have generally represented higher limits, lower rates, and more perks.

But the terms themselves are meaningless.

Viper GTS

ok thanks, currently have platinum so was not sure if i should apply for this one. I think i will pass.Even do the apr is prertty good i know i can get a better one.

 

[RossMAN]

IMHO It's all marketing gimmicks, there are only 4 levels of cc's:

Beginniners - SECURED and high risk cc's (Capital One, etc.)

Regular - Platinum, Diamond, Gold, Bronze, Classic, etc. this is what most people have in their wallet

Corporate - Big $$$ but used only for company purchases

Elite - American Express Centurion Card

 

[Ylen13]

Originally posted by: RossMAN
IMHO It's all marketing gimmicks, there are only 4 levels of cc's:

Beginniners - SECURED and high risk cc's (Capital One, etc.)

Regular - Platinum, Diamond, Gold, Bronze, Classic, etc. this is what most people have in their wallet

Corporate - Big $$$ but used only for company purchases

Elite - American Express Centurion Card

hmm, maybe i should give american express a call and see if i can get that card.

 

[cmdrdredd]

the problem with AMEX Centurion is that it costs a house to get it.

 

[RossMAN]

Originally posted by: Ylen13
hmm, maybe i should give american express a call and see if i can get that card.

LOL Do you routinely charge at least $100,000 per month and pay it all off?

 

[Ylen13]

Originally posted by: RossMAN

Originally posted by: Ylen13
hmm, maybe i should give american express a call and see if i can get that card.

LOL Do you routinely charge at least $100,000 per month and pay it all off?

no, actually i have about 30 grand that i owe on my cc right now.

 

[Oakenfold]

Originally posted by: RossMAN
IMHO It's all marketing gimmicks, there are only 4 levels of cc's:

Beginniners - SECURED and high risk cc's (Capital One, etc.)

Regular - Platinum, Diamond, Gold, Bronze, Classic, etc. this is what most people have in their wallet

Corporate - Big $$$ but used only for company purchases

Elite - American Express Centurion Card

I agree with The Grand NAG guy here.
It's all about inflating people's EGO if you ask me.
People always ask me what is our max that we go on CC limits whenever they apply.
I have stopped asking them what they feel and just say how about we apply for a 50K plat?
This seems to work much better, people tend to say gee I don't need that much how about we just apply for 5K?
Arghhh...I bet Grand NAG deals with this stuff all the time..heh..

 

[Oakenfold]

Originally posted by: Ylen13

Originally posted by: RossMAN

Originally posted by: Ylen13
hmm, maybe i should give american express a call and see if i can get that card.

LOL Do you routinely charge at least $100,000 per month and pay it all off?

no, actually i have about 30 grand that i owe on my cc right now.

Well be careful about which AE you are looking at...
Some of those I'm sure are still "DEMAND" cards.
As Grand NAG man(aka ROSSMAN) pointed out you may not have the capital available to pay off 30K a month.

 

[Zugzwang152]

you guys aren't recommending a corporate card to someone who couldn't even spell "card" are you??


ed: die typos die :|:|

 

[Kevin]

Originally posted by: RossMAN

Originally posted by: Ylen13
hmm, maybe i should give american express a call and see if i can get that card.

LOL Do you routinely charge at least $100,000 per month and pay it all off?

My uncle was offered one but declined. He used to put all his business expenses on his Amex since he was reimbursed at the end of the month. It wasn't unusual to have a bill for over $10,000 a month...