I've handled quite a few of these credit cards before.
One that really stuck out to me was this Chinese guy haggling with me over $5/day on a car rental. After that, I tried to authorize his credit card, which was just your average Hong Kong VISA. Authorization wouldn't go through, then he's like "sorry, this one should work" and hands me his titanium black amex...

At that point my eyes are wiiiide open and i'm like "wtf just happened...."

I thought that was illegal. That's why they have business visas.
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a buddy of mine used to be one of the head bartenders at Vanilla room, said the only person to ever come in with the black Amex was Dale earnhart jr.

it's not illegal. Business visa's make sense and are more efficient once your company is a certain size. However a lotta small to midsize companies still just let their employees do the reimbursement method. Our company used to do that and apparently the guy who used his credit card for all big company expenses got enough miles for abuncha free vacations and stuff lol

It's not illegal. Just that if you start getting cash rebates and not declaring that, it would be tax fraud/evasion if they ever catch you.

No really if you consider all the free stuff it gives you. For company that has people flying out frequently, they actually save money. On several airlines, they now only need to pay economy class and their employees (usually executives like VP) fly business.

And if your company get visited a lot by clients, the AE Concierge for Centurion members is top notch. They can get virtually everything.

5% on gas and groceries for the first 6 months
3% on gas and groceries thereafter
1% on everything else from day one

Sign up through greatcanadianrebates.com (you have to sign up and it's free) and get an extra $40-50 back. Be patient as it can take a month or more for them to process your application.

No annual fee. When your points reach enough for $50 they automatically mail you a cheque. Be sure to call and ask them not to send advertisments or sell your information to 3rd parties. I have not had a single piece of advertising from them or a 3rd party since I did this.

This is a no brainer guys. Everyone should have this card.

+1. i've had this card since early september. I probably put about a grand on it every month and I should be getting my second $50 cheque this month.

signing up right now , wish i heard about this earlier before i did my christmas shopping (this months bill was 3k ahah)

There is a few vancouver resteraunt/bar owners that have black cards. Not as exclusive as I thought.

Sorry to bring this one back up but I was thinking of getting a visa (+my mastercard)
My mastercard has been compromised 3x this year and now I won't get another card until about Jan 10.

Needless to say, everyone should have 2 credit cards because i am screwed over the holidays without a mastercard.

Anyone know of any good visas?

The AMEX Black card is no longer exclusive. You can sign up for it, don't need to be "invited". Well at least in HK it's easy to get and I am sure Hyde has 10 of them. Regardless, I know my boss has one and my friends dad, and they are not super ballin so I am assuming it's not that much of a "OMGWTFBBQ" thing anymore.

As for me:

Used to have RBC Avion card but the fees sucked now I use HSBC Premier and SCB Platinum and Hang Seng Enjoy Card Platinum.

HK credit cards suck compared to Canada as they don't offer crappy rewards. Even having 1% cash payback is good compared to the stuff here. Although here, if you spend over a certain mount (easily achievable) when you first get your CC, you can get a welcome gift which is pretty decent. Also, a lot of shops and restaurants give various discounts to certain cards so you can get like 15% off all dining or 10-50% off all shopping at a certain mall.

Wish I knew about this earlier, signing up for it right now!

Thanks for the heads up! :D

i hv a visa gift card :)

EDIT: nvm :o

pc has no fees at all and has good interest rates on their savings account. only downside (if u care) - u can ise pc or cibc atm machones with no fee, or other atms with a fee, but there is no physical bank u can use. so if ur the type to need a teller rather than a machone not for u.
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Re: What credit card do you have?
 

I have the HSBC Premier Mastercard with the PayPass feature.

I think you just sold me... even though I don't really need another Mastercard.

I do want a decent VISA card though...

Damn I signed up a few days ago through MBNA. Oh wells once I get approved I'm going to cash out all my Citi Petro Mastercard points then cancel.

RBC cash back ftw

nvm

I should be a sales rep for MBNA ha. I have a TD Rewards VISA 1% cash back no annual fee as a back up in case the MC is not accepted or becomes compromised.

Cheapskate: You're welcome.

Just signed up. Will use this for gas & groceries, Visa for everything else

How do you declare reward points from retailers?