Some Centurion Questions
I don't mean to hijack the thread, but I have a few Centurion questions and I did not want to start a new one.
My company (I own 100%) charges ~$600K to various credit cards each year, most notably the Amex Plum which gives me 60 days to pay (very nice for cashflow). I am considering the Business Centurion for all the travel benefits.
If, at some point in the future, I don't charge $250K in a given year will they take the card away? Will the $5K initiation fee then be lost if I choose to come back in the future?
I have heard that the annual fee can be paid with MR points (250K=$2.5K). Is this true? Can I use MR points to pay for all or part of the initiation fee? Also, am I allowed to split the cost between points and cash (ex. 150K MR + $1K)?
Finally, just to make sure I am reading this thread correctly, can someone confirm that I am allowed to make corporate purchases on the card (that count toward the $250K minimum) as long as I get a Business Centurion and personally guarantee the purchase?
Thanks a lot for the help.