Just do what makes you happy, and pursue success as best you know how.In short, a credit card doesn’t build a true reputation for success.Sure, an Amex concierge might be able to make some calls and help you out.But you can do a quick Google search yourself to find out what to do to gain access. One of the famous perks of the Black Card is access to airport lounges.For this reason, I create a spreadsheet recording every payment that I make with my American Express credit card. Increasing profitability is what business is about.If your numbers aren’t positive, who cares if you’re a big credit card spender?
But I don’t need the Black Card; those popular Black Card perks are already available on the Amex Platinum Card.With the Black Card, for every purchase over ,000, I get 1.5 times the points. The helpful concierges: Another reason I hang on to my Black Card is the helpfulness of its concierges.Because of this, I’m earning an extra 225,000 points per month. For me, the biggest advantage of the card has nothing to do with money or points. For example, if I’m looking for a Thanksgiving dinner reservation somewhere, but all the restaurants I call are booked, the concierge can probably secure a reservation for me somewhere.Besides, most people waste money on useless expenditures.In my experience, any time someone spends more than 0,000 per month, there is some wastage happening. By listing out my expenses, I see the wastage, and know how to save money and increase my profitability.