The Credit Card That Costs $50,000

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About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Comments

  1. @DNN and @Gene – the answer is simple; so they can say “look at my $50k credit card.”

    why would anyone buy a $50k handbag? so when they go to parties, the other guests say “oh look, so-and-so has a chanel/gucci/hermes handbag that costs $50 grand.”

  2. Probably the same reason someone would pay a lot of money for those blockchain paintings! To resell it later for more money.

  3. Phillippine Airlines was founded in 1941? The same year Japan destroyed almost every plane in the Phillipines 9 hours after Pearl Harbor? I would think that would have put them out of business.

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