This morning we posted a story about Chinese businessmen minting solid gold business cards for use bribing public officials. Apparently business cards are not the only solid gold cards in demand, as Kazakstan’s Sberbank has announced plans to release the ultimate credit card- made entirely of solid gold, diamonds, and pearls.
The card will cost $100,000, have a $2,000 a year fee, and will only be available for current Sberbank customers.
The exclusive card will also carry high-end perks such as life-insurance, concierge service, and private access to airport lounges.
MOSCOW — American Express may call one of its cards the Card, but a bank in Kazakhstan is announcing plans to issue an exclusive new bank card it claims is the world’s first made entirely of gold, diamonds and pearls.
Sberbank-Kazakhstan announced plans to issue a limited edition Visa Infinite Exclusive cards, made with pure gold, 26 diamonds, and inlaid mother of pearl, according to a press release posted on the bank’s website.
The card will cost approximately $65,000 to produce according to a Sberbank spokeswoman:
A spokeswoman for the bank told ABC News it will cost $100,000 to obtain the gold card. About $65,000 of that goes into minting the card itself (customers will receive a plastic version as well), and the remaining $35,000 will remain in the user’s account.
For a mere $2,000 a year in fees, cardholders can expect top tier perks (we’re talking more than double travel miles):
After the first year it will also carry a $2,000 a year fee. But for all that, card holders can expect top tier perks, including life and health insurance worth over $250,000, lounge access at airports, concierge service, discounts at hotels and restaurants, car hire, and more.
“Visa Infinite Exclusive is more than a bank card: it opens its doors to the owners of exclusive services and privileges,” Galym Tabyldiev, the head of Visa in Kazakhstan, said in the Sberbank statement.
One day a few of these wealthy businessmen might just get the bizarre idea to purchase physical gold and silver bullion as an investment rather than merely using them as high-end status symbols.