Talked to the nicest rep ever. He stated that once you open your bokerage account (min. to open is $2500) and have at least $5k in there, they will issue an Am/Ex Gold card NO PROBLEM! No credit checks or any of that b.s. The reason behind that is because this card is the equivalant of a Visa Check card so to speak meaning instead of using the visa card that they offer to make purchases, you can choose to have an Am/Ex card instead and the money will be deducted from your account (you can't have both though). They will pay all of the fees for the Gold card (including an additional card) and $75 of the fees for the Platinum card (not including an addition card fee of $150). Drawback: This card IS NOT reported to any Bureaus. I also inquired about upgrading to Platinum. Once you have the gold card, you can upgrad to Platinum NO PROBLEM. You just have to pay the annual fees (minus $75) for the card. You get to enjoy ALL of the benifits of a regular Gold/Platinum card holder except for: Separate American Express statement with Card member offers Flexible payment date Extended payment options, such as Sign & TravelÂ® and Special Purchase AccountSM Privileged Assets I should of asked if you could just go straight to Platinum and skip the gold. I don't see why you couldn't??? So bottom line: If you don't care about improving your credit rating and want an Am/Ex Gold or Platinum to *SHOW OFF*, then go this route. The interest rate isn't that bad either. For the Ca Municipal Money account, the interest rate currently is 5.26%. This is better than most interest bearing checking accounts. They do offer checks to use with your account but I didn't inquire if they run Chexsystems. I think I'm going to go ahead and do this and see what happens. I need to invest my money anyway and they also are carrying my 401k so my brokerage account will have certain fees waved!