Originally Posted by
boncovi
As I said, I don't have an extreme lifestyle, I don't fly or stay at hotels a lot, so I won't pay $7,500 to get the Centurion even if they offer it to me today.
I was discussing about it with a friend yesterday and wanted to ask what would happen, because I always see stuff like "how to get centurion" and they say "spend, spend, spend like there's no tomorrow", Charge everything on the card. I wondered if anyone had issues with spending "so much" personally while they don't make that much money. That's it.
I guess an attorney or accountant would be the best ones to ask this, however I guarantee you would have a problem with the cash deposits. The bank would almost certainly file a SAR on you and possibly close your account. Checks or ACH would be better, but even still would raise flags with the IRS due to your income.
And since it's hypothetical, I'll say at 60k a year income the cent card is way too expensive, nor is someone the target customer of centurion. Also, when you apply for centurion they will ask your income, would you lie?