How Many MDs Do You Know in IB That Have An AMEX Black Card

Curious to know if any of y’all have encountered any MDs/senior investment bankers with an American Express black card (aka centurion card)? It’s kind of always been a dream of mine to one day make it to that level in life where I’d meet the $250k minimum spend in one year to be invited to get the card. 

 

Never. MD had a card issued by his bank. Before that, he was paying for shit out of pocket. Not gonna name the bank.

 

Seems excessive. The average MD isn't making enough to justify 250k annual spend on a credit card...if an MD makes $1.5 million that's $750k post-tax. That's 33% of your annual salary (at minimum) on credit card bills

 

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