FlyerTalk Forums - View Single Post - Spending $250K for Centurion, How About IRS? Large Cash deposits out of your league?
Old Aug 16, 10, 3:57 am
  #28  
tangfish
 
Join Date: Jun 2009
Programs: AMEX Business Centurion
Posts: 316
Originally Posted by taipeiflyer View Post
you are right... a little over $100,000 can cut it. i know from personal experience in the last year. the $250,000 figure is a mythical creation by the cardholders who carry it to make themselves sound like bigger spenders than most of them actually are.
I call BS. I had to spend over 250K on my first SPG card to get "invited" to have a Centurion card (of course, this was before the economy crashed). The OP is quite lucky with his 30K spending limit - I was just issued another SPG card (decided I like the starpoints better than MR) with a measly $5,000 limit (eventually raised to $15K with a lot of effort), am still a Centurion cardholder and had ~$700K in the bank with Amex! Go figure.
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