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Count me out of the pay to have a credit card club. No freaking way.
My card is 100% free to me, and I get cash back on the money I spend. I pay the statement balance automatically with a bank draft on the day it is due. In the last decade my credit card company has only made them money off of the vendors with the transaction fee, not from me and my cost has been zero. I don't care one wit to impress anyone with a credit card. Not my style. I could pay for my original house with the credit limit on either of my cards, who does that impress. Yep, no one.
My business partner has talked some about the guy he used to fly around in the clients King Air. He said they would fly to NYC, and pay many thousands for fuel, and hangar storage, have a limo take them into NYC and rent several rooms at a posh hotel, then fly everyone to Cancun for a week at a high end resort, and it all went on the card. Yea, someone like that needs a unlimited limit and might spend 100K per month. They are out there. I will just read about that lifestyle.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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