Originally Posted by hnechets
I would only add that if you do this, I hope he is a friend in deed.
I'm not trying to rain on anyone's parade, but I have personally been screwed, blued and tattooed by both "friends" and relatives over far smaller sums than this, as have my parents.
Just saying, if you do this, make double-sure he will repay you, 'cause if he doesn't Amex is gonna be looking at you, not him, and 200K is a lot of money.
I know that - that was my major consideration. But all things considered, it's a good risk. It's a card with a limited credit limit so I'm not too worried.
Thank you for the concern though. It would sort of be cool to be your average salaried office worker with a Centurion card...