The wealth of a person is not always evident through the watch around his wrist, or even by the car that they drive. However, you can tell a lot about the person simply by checking out the plastic in their wallets, as a credit card often represents a person’s spending ability and credit history.
Financial institutions transformed what a card represents by issuing cards that have strict requirements and qualifications that are based almost entirely on a person’s enormous assets, high income, relentless spending habits, and excellent credit history.
A person can pull out one of these elite cards and the retail clerk can assume whether or not this person is wealthy because these luxury cards have become more than just cards for high rollers. They have become a status symbol.