2021 Has anyone actually received a Centurion Card invite?
Nov 13, 2021, 1:54 pm
#392
Join Date: Feb 2021
Posts: 9
Has anyone secured a personal Centurion invite by spending a lot on a co-branded Platinum (i.e., Schwab Platinum) as opposed to the vanilla Platinum? I'm curious if I should continue spending on the Schwab Platinum as I've done for a while or if I should switch all my spend to the regular Platinum. Right now my only reason for the Schwab Platinum is I constantly cash out points at 1.1 cpp to my brokerage and keep investing that money.
Nov 13, 2021, 3:17 pm
#393
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Moderator action
Tangential discussion has been moved: Index funds vs active money management for Ultra High Net Worth accounts.
Nov 15, 2021, 8:55 am
#394
Join Date: Apr 2021
Location: Manhattan, Palm Beach Island, San Francisco, Boston, & Hong Kong
Programs: Lifetime United Global Services, Delta Plat, Hyatt Globalist, Marriott Ambassador, & Hilton Diamond
Posts: 3,165
It looks like the Goldman Sachs Centurion path is completely discretionary with no hard and fast rules. For some people, FO services might be a sufficient relationship. For others, it might not be? It could also innately be not qualifying but they use the invite as a misleading part of the sales pitch?
Nov 15, 2021, 9:42 am
#395
Join Date: Nov 2020
Posts: 31
If you could find out for the biz card, that would be great. I’m also aware that GS PWM offers services for clients that already have their own family offices. I wonder if this relationship would be sufficient? Curious to hear your thoughts on GS PWM holistically. Thnx.
Nov 15, 2021, 9:45 am
#396
Join Date: Nov 2020
Posts: 31
Centurion Card received
Got home last night and my centurion card and Prada wearable were both at my house. My girlfriends were also here. Looking forward to testing out some of the benefits
Nov 15, 2021, 11:34 am
#397
Original Poster
Join Date: Jun 2002
Location: California USA
Posts: 652
It looks like the Goldman Sachs Centurion path is completely discretionary with no hard and fast rules. For some people, FO services might be a sufficient relationship. For others, it might not be? It could also innately be not qualifying but they use the invite as a misleading part of the sales pitch?
Nov 15, 2021, 1:45 pm
#398
Join Date: Apr 2021
Location: Manhattan, Palm Beach Island, San Francisco, Boston, & Hong Kong
Programs: Lifetime United Global Services, Delta Plat, Hyatt Globalist, Marriott Ambassador, & Hilton Diamond
Posts: 3,165
I asked directly. It also seems like they don't really take on clients just to service their family offices. Rather, this is generally a service for existing clients of the PWM. So a great path for existing GS PWM clients but I doubt this alone can really move the needle for people that are not already with the firm.
Nov 15, 2021, 10:03 pm
#401
Join Date: May 2000
Location: Houston, TX, USA
Programs: UA 1K, AA Lifetime Platinum, DL Platinum, Honors Diamond, Bonvoy Titanium, Hertz Platinum
Posts: 7,970
Nov 16, 2021, 10:15 am
#402
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
Did the following Konstantin Anikeev get a Centurion invite? He ran up millions of dollars in charges, enough to get the attention of the IRS for his MS using Amex cards too:
https://www.wsj.com/articles/he-got-...me-11615125601
https://www.wsj.com/articles/he-got-...me-11615125601
Nov 17, 2021, 11:14 am
#403
Join Date: Jul 2011
Posts: 1,634
I'm asking this question more out of curiosity than actually wanting to get the Centurion card, but what are the 'unofficial' thresholds for the business centurion? I've put about 400-500k on the card this year with similar amounts expected in the future (maybe more) - is that even in the ballpark? I'm actually considering joining an equinox gym which got me thinking if a Cent might even be in the cards. Also, I know there's a form to show that you're "interested" or whatever, but does that actually make a difference? I always thought of this as a "don't call us, we'll call you" situation. Thanks in advance
Nov 17, 2021, 11:27 am
#404
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
The Centurion card had more of a mystique for qualification when Amex wasn’t as much about trying to goose the numbers for membership fee revenue from the product as is now the case. There is an increased openness of Amex to provide Centurion cards even to the segment of the MS crowd that wants the purse/wallet candy at these much higher fee levels for the card.
At least outside of the US this year, there has also been an increased openness of Amex to bring in new Centurion accounts at far lower spend levels than 3+ years ago.
At least outside of the US this year, there has also been an increased openness of Amex to bring in new Centurion accounts at far lower spend levels than 3+ years ago.
Nov 17, 2021, 1:18 pm
#405
Original Poster
Join Date: Jun 2002
Location: California USA
Posts: 652
I'm asking this question more out of curiosity than actually wanting to get the Centurion card, but what are the 'unofficial' thresholds for the business centurion? I've put about 400-500k on the card this year with similar amounts expected in the future (maybe more) - is that even in the ballpark? I'm actually considering joining an equinox gym which got me thinking if a Cent might even be in the cards. Also, I know there's a form to show that you're "interested" or whatever, but does that actually make a difference? I always thought of this as a "don't call us, we'll call you" situation. Thanks in advance