Rich and famous people can get credit cards of the highest level: platinum, gold, silver or black. Why only the rich and famous? Such status cards offer unfavorable terms those with average income. These people will better apply for ordinary card with no annual fee and low rates but without exclusive and really expensive services such as VIP hotel suits, restaurants for the elite, sport events and so forth. The rich want the
elite credit cards because they are able to pay any rates and fees but get exclusive rewards, convenience and specific conditions. Many credit card companies understand how wealthy these people are and how their extravagant life is. Therefore they try to please them and get a great profit at the same time.