Sander left a comment on Citi Chairman Card. So I gathered some information about the American Express Centurion Card. Let’s learn something about the most mysterious card in the world. The Centurion Card is so exclusive that you can’t find any details of it on the American Express website.

We are expecting more returns by swiping Credit Cards. Although I believe credit card issuers gain a lot of profits from their card holders, we should also consider the costs of credit card issuers. The high returns come with high risks. Let’s see the costs of the credit card issuers.

American Express sent out an email to me this afternoon. The title is “Tell Us What You Think & Get an $20 Amazon Gift Card”.

I noticed the promotion several days ago. “Use your Chase Check Card for all your everyday purchases and you could get a $50 cash reward.” To qualify for this offer, you have to make 15 signature based purchases from Oct 1st to Dec 15, 2007. Remember you can’t enter PIN when you check out, that won’t be considered as signature based purchase.

This is a kind remind for all of you. Citi is still offering the CashReturns Card which will give you 5% cash back on everything at the first 3 months. As the Thanksgiving and Christmas holidays are coming, it’s really a good time to save lots of money (or get the most from what you spent).

Citi has finally decided to relaunch its chairman credit card with limited promotions. The credit card is American Express Black Card which has already attracted lots of attenstion from media.

Although using a credit card is an easy job for us, it’s not easy to finish the transaction. Use a credit card involves a lot of parties. And usually, it takes several days to settle down the transaction until it finally appear on your account.

Used wisely, credit cards can help you make the most of your financial resources. You can use cards to make some purchases more easily and securely — like travel reservations or concert tickets — and they can even help you budget and save. But to enjoy these benefits, you need to choose a card that’s right for you, and use it carefully.

In the following days, I will post some basic knowledge about credit card. Most of the materials are from HSBC. They really have done a good job on introducing basics about credit card. I hope this will be helpful for you all.

There are many reasons to increase your credit limits. Basically we can boost our credit scores by lower the usage of your line of credit. We can get more free money from banks and earn more interests. Sometimes the credit card issuers will increase your limits without a request.