Credit Cards Of The Rich And Famous!
Finally, a credit card for those for whom commonplace cash-back rewards and travel miles just don’t cut the mustard (Grey Poupon, of course.)
This summer, Sotheby’s will launch two credit cards that, among their many classy perks, allow users to convert their accumulated reward points into donations to participating art museums. But the benefits don’t stop there.
The high-dollar auctioneer will release two cards as part of the Mastercard network. They will be offered through General Electric’s GE Money division. According to an article in The Wall Street Journal, a basic card will be offered to applicants earning $100,000 or more annually.
Rich rewards for rich people
With it, you’ll get complimentary museum admission for yourself and three guests at participating museums across the country, as well as invitations to special events. It also promises an array of “luxurious privileges,” including travel benefits, preferential restaurant reservations, and more.
If you’re lucky enough to be among those invited to hold the more exclusive elite MasterCard, you’ll have no pre-set spending limit. It seems no one’s worried that the select few, who must earn $250,000 to be invited to hold a card, will not be able to pay their balances.
If you accumulate enough points on a Sotheby’s MasterCard, a Rewards Concierge will help you choose among your many benefits. Would you like to have a Sotheby’s auctioneer assist in your private charity event or provide advice about stocking your wine cellar? Would you rather hold a trunk show for you and your girlfriends to try on Sotheby’s diamonds? How about a visit to a contemporary artist’s studio?
If none of those diversions strikes your fancy, you’ll also have access to a “vast range of luxury opportunities,” according to Sotheby’s promotional material. Cruise the Mediterranean on a chartered yacht, rent a villa in the South of France, charter a private jet, or play a round of golf with a PGA star.
Oh, and I forgot to mention — you can also choose from a selection of paintings by artists such as Claude Monet, Rene Magritte, or Frida Kahlo to adorn the plastic in your wallet.
There’s one extra benefit, by the way. Although the renowned auction house used to frown on the practice, Sotheby’s says it will accept its own card at auctions “under certain conditions.”
Found on Motley Fool and thought it was great.
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The famous don’t have to research credit card offers considering they can afford any credit card they are offered–you should look for the best credit cards you can so that using your credit cards won’t hurt you in the long run.