There is an annual fee associated with this card. It is $450 a year and additional cards are $175 a year.

It's a great card and their concierge service is very friendly and helpful. The membership rewards have a great transfer to most airlines too.

I have been a customer of American Express for decades.

I was vacationing with my family in Israel only to find that American Express had cancelled all of the cards I had with the company, including the centurion card.

All of my cards were current, as were all credit cards I hold with all other credit card companies.

The reason the company gave for the cancellation was that an amount of approximately $50 was due on a card that I had never activated. After spending hours with some of the worse customer service departments I have ever dealt with, the company reinstated the cards.

Two days later the cards, without any notice whatever, were cancelled again. This time again, a reason, having nothing to do with any amounts due on the cards, was given.

I plan on writing to our U.S. Senators about the company, and will be filing reports with various federal regulatory agencies. I am also setting up websites to boycott the company.

The company should not be permitted to do business. It is a disgrace.

This card has saved me in a jam more than once. Great customer service makes the high fee worth it. This card has been in my wallet for 20 years. Also the buy one get one free to Europe has been great...

Sometimes the annual fee makes me gag ($450), but I find a lot of benefits that make it seem worthwhile. The best: access to various airport clubs. That alone nearly covers the fee. There are other good things, too, like the annual compilation of spending and Membership Miles. Still, that fee makes me wince.