What Credit Cards Do Millionaires Use

What Credit Cards Do Millionaires Use?

Millionaires Use These 3 Elite Credit Cards?

The financial world is dominated by the major three American credit card companies: Visa, MasterCard and American Express. These are the “Big 3” who have written the rules for the global credit card industry for some 60 years. Here are the 3 elite credit cards chosen by millionaires and billionaires.

The Elite Join A Special Club

Financial loans can help people overcome a credit problem with access to new lines of capital. There are plenty of financial cards for good credit or bad credit nowadays. This is one way that the financial playing field has been leveled.

Some of the primary benefits that people seek in elite cards are concierge service, faster points accumulation rates and access to exclusive clubs. The millionaire wants to enjoy better treatment. Here are the 3 elite credit cards that open doors.

Visa ? Slogan: “Everywhere you want to be!”

In 1958, the Bank of America started its Visa (BA) credit card. In 2008, Nilson Report stated that Visa had a 38.3% credit card market share. In 2009, Visa processed 62 billion transactions worth USD$4.4 trillion. Nilson Report listed a 2014 purchase transactions worldwide market share of 58% for Visa.

3) Visa? Black

Card holders enjoy 24/7 Visa Black Card concierge service, roadside assistance, insurance and exclusive rewards. After spending USD$1,500, members can enjoy the sign-up bonus of 25,000 points. Existing Visa balances can be transferred at the low 0% introductory APR (valid for fifteen billing cycles). Black Card membership provides access to 350 VIP airport lounges around the world. Just pay the annual fee of USD$495 to live the good life.


Bonus – 25,000 points
Base Earn -1 point / $1
Max Earn -?1 point / $1
Earn / Redeem Limit -?No

Earn up to 25,000 bonus points when you spend $1,500 in the first 90 days.

Luxury Gifts – Cardmembers receive luxury gifts from some of the world’s top brands.

Cardmembers receive VIP treatment at over 3,000 hotels, resorts and villas across the globe, including spa treatments, room upgrades, complimentary breakfast, early check-in, late check-out and more.

Redeem your points for a wide range of reward options including gift cards, experiences and double value on airfare, which means it takes fewer points to go further.

Cardmembers receive complimentary membership and unlimited visits to over 350 lounges in 200 cities worldwide with the VIP airport lounge program.

Intro Rate on Purchases – Not Offered
Intro Rate on Transfers – 0% for 15 months
Regular Rate – 14.99% (V)
GRACE PERIOD – 23 days
CASH ADVANCE FEE – 5% (min $10)

Limited Membership.
24-Hour Concierge Service.
Stainless Steel/Carbon Card.
Zero Liability protection against unauthorized purchases.

Travel benefits: Global Acceptance, Trip Interruption / Cancellation Insurance, Travel & Emergency Assistance Services, Baggage Delay Insurance, Auto Rental Collision Damage Waiver, Worldwide Travel Accident Insurance, Roadside Dispatch, Lost Luggage Reimbursement, Trip Delay.

MasterCard Slogan: “Priceless!”

In 1966,?MasterCard???was started to compete with Visa??. The aforementioned Nilson Report lists MasterCard ? as having a 26% market share for 2014 purchase transactions worldwide. Its “Priceless” ads highlight the true joys of life.

2) Dubai First Royale MasterCard

Dubai First must make a special invitation to allow for individuals to hold the?Dubai First Royale MasterCard. If that is not exclusive enough, rumors state that this very limited edition card actually has a .235-carat solitary diamond embedded into it. There are only a couple hundred members with this diamond-embedded card worldwide. Card holders receive 24/7/365 “lifestyle managers” to care for them. There is no credit limit on this card. You have truly joined the Royale Elite when you hold this card.


  1. By Invitation Only
  2. Diamond-embedded Crest
  3. No Pre-set Spending Limit
  4. Dedicated Relationship Manager
  5. Royale Lifestyle Management

American Express Slogan: “Membership has its privileges!”

In 1850, American Express started to develop its powerful brand. As more individuals consider refinance options, they might want to contact American Express. Classical advertisements introduced these cards to the American public who had arrived financially. The American Express brand was listed by?Fortune?as one of the “Top 20 Most Admired Companies in the World.” Nilson Report gave American Express a 2014 purchase transactions worldwide market share of 7%.

1) American Express Centurion ??Black

After having spent USD$250,000 on a previous American Express card, American Express may invite you to the Centurion ??Black Card club. Experts have noted that Black Card members have an annual average income of USD$1.3 million and net worth of USD$16 million. Card holders pay a one-time USD$7,500 initiation fee and USD$2,500 annual fee per card. There are Centurion ? lounges in some airports. Concierge service that runs 24/7 is available for restaurants, hotels or airline seats. You have made it to the upper echelon with this elite card.


Intro Rate on Purchases – Not Offered
Intro Rate on Transfers – Balance Transfers Not Allowed
Regular Rate –  N/A
ANNUAL FEE – $2500

Intro Rate on Purchases – Not Offered
Intro Rate on Transfers – Balance Transfers Not Allowed
Regular Rate – N/A


This card requires a $7,500 initiation fee.

What Card Will a Millionaire Covet in the Future?

The modern banking system allows people to live a better lifestyle than they could normally afford. People with bad credit can afford merchandise that is beyond their normal income level. Billionaires with good credit can receive rock star treatment around-the-clock. Refinance is easier once you have established a healthy relationship with a financial company.

In the future, the card to hold may be from UnionPay out of China. Nilson Report listed a very respectable 2014 purchase transactions worldwide market share of 10% for UnionPay. Its motto is?Enjoy the world your way!”

Whether you have a credit problem today or simply want to live like the elite, credit cards make life so much richer. You can always hope. Just don’t hold your breath waiting for that millionaire elite card invitation unless you have excellent credit or a large bank account.

If you’re having trouble with your credit, try finding a top credit repair company to help you decipher your issues.

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