Called Chase Slate, the card offers a broad range of benefits including a 0% APR introductory rate for 15 months on both purchases and balance transfers.What sets the card apart, however, is that there is no balance transfer fee for balance transfers within the first 60 days of account opening.The letter addressed to Visa chief executive Charlie Scharf said Backpage was "objectively found to promote prostitution and facilitate online sex trafficking," and that "the unfettered proliferation of websites like has provided this violent industry with a mask of normalcy, driving demand ever higher and increasing the enslavement of prostituted individuals, including children." Backpage could not be reached for comment.
Most famously, Wikileaks was cut off from the Visa and Master Card networks after publishing confidential government documents, although the organization and its leaders were not charged with any crimes over the publication.
A: The qualifications for the American Express Centurion card (a.k.a the “Black Card”) haven’t really been altered significantly since the card was first issued (in stealth mode) in 1999, but American Express has always been very strict about who gets to enter their posh club (as in the card is “by invitation only” and that’s just the beginning).
"I was stunned at how quickly Visa and Master Card moved to say they weren't going to be involved in that anymore, they were incredible corporate citizens," Dart told Buzz Feed News.
While Dart celebrated his success in isolating the site from the financial system, some said it extended a troubling precedent of government figures using the financial system, instead of the legal process, to crack down on businesses or individuals.
Backpage's local classifieds sites include sections advertising escorts, body rubs, strippers and "adult jobs." The site, which was spun off from Village Voice Media Holdings in 2012, has long been accused by politicians and activists of facilitating human trafficking, especially of children.
The Sheriff of Cook Country, Thomas Dart, sent letters to Visa and Master Card requesting the cut off on Monday (both letters are published below).Now, I bet those early cardmembers are happy they got the card for “only” a single grand, right?The Centurion has gone back and forth from being invitation only to open application.Currently, it is back to being offered by invitation only, but I’m sure if you met the spending qualifications on an existing Am Ex charge card and were willing to pay the fee, you could make inquiries and be given the opportunity to apply.When the card was initially released it was only offered to a few thousand people (celebrities, wealthy business moguls, etc).Although the American Express black card requirements have grown even tighter over time, that hasn’t stopped the exclusive member base from ballooning. According to some investigative work a few years ago regarding the number of lucky individuals who have the American Express Centurion card, it is estimated that possibly up to 100,000 people worldwide have the card, with roughly 20-40% of those cardmembers being based in the United States.