Re: At last, a credit card for the Serious Cyclist!

[Alan Braggins]

In article <[email protected]>, Tony Raven wrote:
>Alan Braggins wrote:
>>
>> But think how much sexier it would look covered in carbon-look sticky
>> black plastic as used on the frames of the same supermarket bike.
>> http://www.snopes.com/business/bank/blackcard.asp
>
>An unusual case of Snopes getting it wrong. Must write and correct them.

Which bit is wrong? It looks consistemt with
http://home3.americanexpress.com/corp/latestnews/centurion_launch.asp

 

[Alan Braggins]

In article <[email protected]>, Tony Raven wrote:
>Alan Braggins wrote:
>>
>> Which bit is wrong? It looks consistemt with
>> http://home3.americanexpress.com/corp/latestnews/centurion_launch.asp
>
>It doesn't arrive with a security guard and computer

And Snopes says "Hooper was probably attempting to add to the black
card's mystique by speaking with his tongue planted in his cheek,
however. Some of our readers who possess Centurion cards have reported
that their new plastic arrived with no hoopla at all, nary a security
guard nor a mini-computer."


>The interest rates are a nonsense
>because its a charge card not a credit card - you have to pay it off in
>full at the end of each month so there is no interest.

But "such premium cards" includes credit cards as well. The "Britain's
NatWest came out with its version of an ebony premium charge card in
2002" might be wrong, that is a credit card (but maybe they did a charge
only version in 2002).
http://www.natwestblackcard.com/natwestblack/information/index.stm

(And of course charge card conditions do specify the interest rates
if payments are late. I've no idea whether they are significantly
different for premium cards though.)