Comments on: The VISA Black Card: A Smart Strategy in Trying Times

By: Mike V.

Mike V. — Sun, 15 Nov 2009 01:55:51 +0000

Only an idiot would pay 500 dollars a year for a flipping credit card.
The Visa Black Card is for middle income earners that want to pretend they are wealthy.
Like the dolts that live in their mom’s basement and go out on Friday night to buy “bottle service” at some stupid club..

By: steelytim

steelytim — Fri, 13 Nov 2009 05:55:31 +0000

I received an invitation and I’m in debt up to my eyeballs. The reason Barclay’s doesn’t advertize membership criteria is that it’s no more strict than any other card, only that they cap membership to 1% of US population. Let me figure this, 1% US population is roughly 3 million, times that by the $495 yearly fee and Barclays makes… 1.5 BILLION FREAKING DOLLARS just in annual fees??? Holy cow, somebody double check my math.

By: W.C. Varones

W.C. Varones — Tue, 10 Nov 2009 02:25:54 +0000

Scott,

Why would you pay $495 for a crappy card like this?

By: scott

scott — Sat, 17 Oct 2009 03:31:37 +0000

Have a credit score around 825 and make 250k a year. Received a credit limit from the black card of $7500. That is the lowest credit limit I have out of the 12 credit cards I own.

By: spencer

spencer — Wed, 30 Sep 2009 06:01:16 +0000

Honestly the $495 annual fee turned me off. Reading further I find that they will extend “a minimum of $250 line of credit to qualified applicants”. Yes, $250… but be prepared to shell out $39 if you go over your limit and remember the $495 is included in your first statement. This card is marketed to suckers, rich and poor.

By: Fred Flintstone

Fred Flintstone — Tue, 29 Sep 2009 23:26:16 +0000

This card is limited to 1% of the population because only 1% are stupid or pretentious enough to accept the terms. Duh…….. If you are spending 250k or better a year they should be paying you a $495.00 fee plus rewards to use their card. Yeah, I got the invite……sorry Barclay’s, you want me to carry your card then pay me. Send an invite to Kanye West, that fool will go for it.

By: zeitgeist

zeitgeist — Mon, 28 Sep 2009 13:09:41 +0000

I just received one of these about a week ago. I must say, I was initially intrigued. But then I read on. I’ve never paid a yearly fee and just about choked when I read “$495″.

I have a credit score in the low 800’s, but am I in the top 1% of the nation? No way.

I make a decent amount of money, but not enough to play with the big boys and girls.

Joe summed it up beautifully. “.. something to flash around to make the owner feel rich”.

By: Krishna

Krishna — Sun, 27 Sep 2009 19:43:21 +0000

If limiting to 1% of US population is “exclusive”, somebody at Barclay’s must have gone crazy. If the “uber-rich” can do the math right (I know some of them can’t), that would be 3 million people to whom this card will be “limited”. To achieve that number is probably Barclay’s dream. And yes, like most others who have posted here, I’ve received an offer too, with the promise of benefits that are not even listed (on their website as well).

By: Ms. Gleeson

Ms. Gleeson — Sun, 27 Sep 2009 02:51:30 +0000

I received this in the mail and I am a second grade teacher. Elitist indeed.

By: W.C. Varones

W.C. Varones — Tue, 22 Sep 2009 03:36:00 +0000

Are you kidding me? This thing is $495 a year down the toilet.

http://wcvarones.blogspot.com/2009/09/seeking-people-with-more-money-than.html