At the age of 20s and 30s, most individuals have dreams of living a luxurious kind of lifestyle. However, owning little or no cash to cater for this type of lifestyle acts as an obstruction between them and their dreams. Just like any other youth or college kid, Billy McFarland also had a similar thought. He too wanted a shortcut to the good life. However, what makes Billy unique is that he established the Magnises black card, a card that is meant not only to improve his lifestyle but also that of individuals sharing a dream as his.
One evening, Billy was enjoying a meal with his friends at La Esquina, and they were busy boasting how the American Express card had introduced good packages into the lifestyle of the users. The discussion left Billy deeply thinking and coming up with the idea of the Magnises black card. Being a college dropout, Billy clearly understood that the well-known American Express card was something a teen in a similar situation as his could never afford; neither did the perks offered on the card make sense to any youth. After doing research, Billy decided to try and add a magnetic strip to a metal card without ruining its data. In a short time, Billy got hold of a place in China that successfully attached the piece to the metal card and that was his first Magnises black card, the prototype.
Early 2014, Billy and a former schoolmate launched Magnises, a card for the teens who still have about 15 years left to reach their spending power but wish to experience it now. Just like the American Express card, Magnises has a beautiful heavy metal plate with some exclusive perks targeting the youths with minimal spending ability. Magnises black card is necessarily not a credit card since it includes more perks which promote youth’s social life and networking abilities with even the established individuals in the industry. By just flashing the card, the user is allowed entries into exclusive clubs, hotels not forgetting the private events. Additionally, the card allows the user to enjoy special treatments at restaurants at discounted rates.
The black card only requires $450 to register which is way much cheaper as compared to other cards in the industry such as the Amex black card which charges about $7500 to register not forgetting their $2500 charged annually to renew the membership. Today, the company is recording more than 12000 signups, and new members keep flowing. According to Billy, if not for the strict sign-up process which only requires ‘the cool individuals’, every teen in New York would possess the card.
The Magnises card comes with many amazing exclusive perks such as the ‘WorkPass’. With only $99 a month, the user can access the co-working facilities at Alley. Usually, desks at Alley rent for about $500 a month. To make it extra amazing, Magnises is introducing new perks. There is the ‘ClubPass’ which requires the user to pay $65 a month and in return, he is guaranteed access to the most exclusive nightclubs in New York. Also, there is the expected ‘HotelPass’ package which demands only $79 to spend a night in the most exclusive hotels such as the Dream Hotel. Typically, such hotels charge not less than $249 for every night spent. According to Billy, the card is just a simple way to for any youth to live his life on another level while creating links necessary for his/her better future.