Presidential Plastic: Which Credit Cards Do They Carry?
Vice President Biden has always wanted a credit card. Unfortunately, he's never had one. That's because he's yet to fill in an application without making a major gaffe partway through. So far, all his forms have ended up in the trash.
However, we're pretty sure that if he had one, it'd be The Amtrak Guest Rewards MasterCard. The Vice President has boasted that he took over 7,000 round trips between Delaware and Washington, D.C. during his 36 years in the Senate. He also shows his appreciation of Amtrak employees with an annual Christmas party. If he pays for the party with his card, he could use the points for a business-class upgrade!
Congressman Paul Ryan
Rep. Ryan doesn't believe in credit card debt, but he has a plan for those who are struggling with it. Unfortunately, roughly half of experts are totally convinced that this plan will only make things worse.
As a man with his eye set firmly on President of the U.S. Senate, Mr. Ryan applied for a Capitol One card soon after his nomination. He was understandably devastated when the plastic turned up, and he noticed that there are two a's in Capital One. Still, he consoled himself with the thought that he could soon find himself just a heartbeat away from being numero uno in the nation's capital.
First Lady Michelle Obama
It must be tough getting by on a presidential salary of just $400,000 a year (plus $50,000 in non-taxable expenses), but somehow Mrs. Obama manages to pull it off. How? Well, to start with, one of her first acts on moving to D.C. was to dig up part of the White House's famed South Lawn to plant a kitchen garden. Have you seen the price of peas lately?Then there is her well-known affection for Target stores. During the 2008 election campaign, she remarked: "I'm more of a Target shopper." And, in September 2011, she spent 30 minutes wheeling her cart around the Target outlet in Alexandria, Va. Luckily, nobody except the check-out operator recognized her. Why should they, with her sunglasses, baseball cap, photographers and Secret Service detail? Anyway, the First Lady is a Target kinda gal, so she surely must have a Target REDcard® credit card. After all, that 5 percent off all Target purchases comes in handy when you're on a budget.
Mrs. Ann Romney
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts