Advertisement
Credit & Debt

High-End Cards With Snob Appeal

Credit-card issuers sweeten rewards with access to bigwigs.

Airline miles? Cash rewards? Soooo 20th century. Elite credit-card holders hanker for elitist experiences -- a gymnastics clinic with Olympic gold medalist Paul Hamm, for example, or a zero-gravity session with former astronaut Buzz Aldrin. At least that's the hope of credit-card companies targeting the "newly affluent" (once referred to as nouveau riche). Visa's Signature and MasterCard's World and World Elite cardholders gain entree to spas, golf, cultural performances, and high-end shopping and dining, as well as concierge and travel services that satisfy almost any request. Visa's Super Bowl package, for example, includes two tickets to the game, hotel accommodations and exclusive NFL party invites. Cool -- but worth $6,250?

Advertisement - Article continues below

Not to be outdone, Bank of America has its own high-end card, the Bank of America Accolades American Express card, for customers with accounts of $100,000 or more. Cardholders get concierge and other services, plus an annual charitable-contributions match of up to $2,500. For now, the bank has the decency to rebate the card's $295 annual fee. American Express also offers Platinum and Centurian card members a host of hoity-toity events. For $1,300 you can enjoy cocktails and a seven-course meal, including wines, with famed chef Thomas Keller. Or you can eat in and read What $1,000 Can Do, from our August issue.

Advertisement

Most Popular

HSAs Get Even Better
Financial Planning

HSAs Get Even Better

Workers have more options with flexible spending accounts, too.
July 2, 2020
2020 Stock Market Holidays and Bond Market Holidays
Markets

2020 Stock Market Holidays and Bond Market Holidays

Is the market open today? Take a look at which holidays the stock markets and bond markets take off in 2020.
July 1, 2020
Find a Great Place to Retire
happy retirement

Find a Great Place to Retire

Our cities provide plenty of space to spread out without skimping on health care or other amenities.
July 2, 2020

Recommended

52 Super Deals and Discounts for 2020
spending

52 Super Deals and Discounts for 2020

With a special nod to those of you spending more time at home, we found dozens of deals and discounts, plus ways to save (or make) money.
June 6, 2020
Banks Canceling Credit Cards, Cutting Limits
credit & debt

Banks Canceling Credit Cards, Cutting Limits

If you haven’t used a card in awhile, make a small purchase with it to keep it open. It’s good for your credit score.
June 4, 2020
Milliennials Face Their Second Recession
credit & debt

Milliennials Face Their Second Recession

Forty percent of millennials say the pandemic will likely cause them to delay payments on their debts. Does that include you? Time to take action.
June 4, 2020
When Savings Bonds Make Sense
credit & debt

When Savings Bonds Make Sense

Series I savings bonds are safe options, but don’t go all in.
June 3, 2020