New York’s Luxury Card Magnises Is The First Class Credit Card We’re Begging To Splurge With


American Express has its own black card that you’ll have to spend too much money annually to keep up with it, but college dropout and economics mastermind Billy McFarland will only make you pay $250 a year for New York’s (and probably the world’s) coolest and so far most exclusive credit card the elite have ever known: Magnises.

What does Magnises mean? Oh, well, it’s “Latin for absolutely nothing,” says McFarland. “The name is made up, but it sounds grand, doesn’t it?”

Indeed it does. McFarland launched his Magnises credit card company in March, but he was a prodigy from when he was at the ripe age of 13 when he started up his first outsourcing company. He’s also the founder and CEO of Spling, a content-sharing site that was revved up after he dropped out of Bucknell his freshman year. Today, he markets the black, stainless steel card to New York City’s young, well-bred socialites, as well as treating athletes, DJs, tech innovators, and more prominent socialites such as Sofia Vergara’s ex-fiancé Nick Loeb to the perks of this black beauty. He also enthusiastically declares, “Two starters for the Rangers [have] applied.”

Well, okay, so the Magnises card isn’t actually a credit card. It’s basically your credit card dressed up in a tuxedo, using duplicated magnetic strip data from your existing credit card. But you get the best perks your credit card will never give you.

You can get:

A personal BMW 7L and driver


a 24/7 concierge service,

which means going to Omar’s or Le Bernardin will never be a hassle. You’ll be seated at your table immediately and dine like the finest. You’ll be the first to get tickets and backstage passes to the hottest concerts of the year, and you can also get your own personal trainers at exclusive gyms such as David Barton. You can also get flight and hotel perks and discounts, so you can always travel first class. Magnises is also planning to host parties, educational talks, happy hours, and other social gatherings to enhance the cardholder’s experience, but it kind of does just that already.

Because Magnises also has its very own club. That’s right. The Magnises townhouse in the West Village is where members can “come by,  bring clients, or have a meeting, hang out with each other, have a drink and watch games on TV.” That’s the modest description–really, it’s a first class haven and bachelor pad.

So far, 500 people are on the waiting list for the most exclusive credit card in NYC. Get in line, because the benefits definitely outweigh the costs on this one.

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