American Express Black Card: Black Listed
Tuesday, February 9th, 2010America, wake up.
If you are not in debt, if you carry no credit card balance, if you have not been facing job insecurity… then you are not experiencing middle America, and you can skip this post. If you answered “yes” to any of the above (much less multiple), I cry out to you:
WAKE UP.
Many of you are awake, or waking, but some still are biting at every credit offer that comes across the table. Easy way to get stuff without getting arrested? Get a credit card.
American Express sent me a “pre-approved offer” (puh-lease) regarding their Black Card.
Their pitch? “The Black Card is not just another piece of plastic. Made with carbon it is the ultimate buying tool.”
WHAT?! What wad of absolute pure lazy, thoughtless, consumerist drivel are they asking us to buy?
“Limited to only 1% of U.S. residents, Black Card members are ensured the highest caliber of personal service. Cardmembers enjoy a 24-hour Concierge Assistant, Exclusive Rewards Program, and Luxury Gifts from some of the world’s top brands. Made with carbon, the Visa Black Card is guaranteed to get you noticed.”
What does it take to be apart of that Elite 1%?
$495.00 US annually… and you get a 13.24% variable APR for your money.
Wake up. Do not be a chump. Maybe I should be saying these words to American Express and not the public. Frankly, I do not know who needs a bigger wake up call.
Just remember… credit card companies give you no favors. Their one mission is to get you to buy what you cannot afford.
Now, I will not get into the whole spiele regarding how to manage your credit. Pick up a Suze Orman book if you need that kind of advice. I do want to warn, however, to pay close attention to any credit card offers you do get.
No matter what your credit currently looks like, make sure every single month you pay every single last bill on time. This will save you bundles in the long run, and I am not talking late fees. Those are only a blade of grass in a meadow of problems when you try to avoid the bills.
Stay grounded. Live within your means. And if you have already made some financial mistakes, take a deep breath. You can ALWAYS get back on path, starting today.
And avoid greenwashing junk like the Black Card.
Sustainably yours,
Ashley Sue










