Difference between Centurion Personal and Business
Aug 17th, 2008 by admin
When I signed up for the card, I asked if there was a difference between the personal and business Centurion cards (I have a business SPG Amex as a sole proprietor, provides OPEN program savings and other benefits, see the FatWallet Forums on business card benefits as it relates to your credit reporting). I was told the only difference between the two was that if I elected the business card, I wouldn’t have the possibility of getting the annual gift (chosen at random and/or based on spending). With that as the only difference, why choose the business card, right? Plus, the personal card seems a bit more prestigious, there are some folks (like this guy) who just get one from the business they work for.
Anyway, it turns out there are differences:
- Quarterly Management Report
- Regus Program
- Fortune small business magazine
- Assured hotel reservation program
- Employee card misuse protection
- Savings of 5-15% on purchases from certain vendors, such as Fed Ex, Hyatt hotel and Hertz. Just to name a few.
You do lose the chance at the personal gift (some old digital camera? an iPod? big deal). Had I known my options, I may have chosen the Business card as it has spending limits for additional cardholders. Kinda’ sux that they didn’t let me know this up front, especially since I asked. Who puts n00bs on the new accounts desk for the most elite tier of clientèle?
