What are the perks of having an American Express card
Points: Spending rewards
- Bonus rewards on dining, supermarkets and certain travel. The American Express® Gold Card earns:
- A sizable welcome offer.
- Flexible reward redemptions.
- $120 Dining credit.
- $100 airline fee credit.
- $100 resort credit.
- Presale and preferred event tickets.
- no foreign transaction fees.
Is it good to have an American Express card
Amex (a WalletHub partner) has built this lead thanks to a reputation for strong customer service and attractive rewards. It’s also one of just a few credit card companies that offer charge cards. But an American Express credit card isn’t for everyone. For starters, you need good or excellent credit to get one.
What’s special about American Express
An American Express card, also called an AmEx, can offer a variety of perks, including rewards points, cashback, and travel perks. Some cards are co-branded, such as those with Delta and Hilton. American Express is one of the few companies that issue cards and has a network to process card payments.
Why should I have an American Express card
American Express make a lot of money from interchange fees (part of the fee merchants pay to accept credit cards), because of that they want their cardholders to spend a lot of money. One of the easiest ways to increase spending on a card is to increase the credit limit.
What does 100000 Amex points get you
100,000 points go a long way
According to travel website The Points Guy’s valuations, Amex points are worth 2 cents apiece. That means the Amex Platinum’s 100,000-point bonus is worth $2,000.
Is American Express better than Visa
On a global scale, for instance, American Express lags behind its competitors in the number of merchants who accept Amex cards, with the typical merchant roughly 40% more likely to accept Visa, Mastercard, and Discover cards than an American Express.
What is the hardest credit card to get
The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
What credit score is needed for American Express
To be approved for the Amex Platinum, you need to have a good or excellent credit score. This means you need a credit score of at least 700. The average applicant has a score of 715. Although, some applicants have been approved with a credit score as low as 643.
What is the credit limit for American Express
American Express limits the number of credit and charge cards you can have at one time to 4. So as long as you don’t have 4 credit cards open, you can apply for a new one — the same is true for charge cards.
How do I get my Amex fee waived
AMEX doesn’t waive annual fees, but sometimes they’ll offer a statement credit to help offset the cost of the annual fee. For instance, recently some folks who hold the AMEX Platinum have called in and been offered a $300 statement credit, which helps offset the $550 annual fee.
What is the easiest Amex card to get
The USAA Secured American Express Card is the easiest American Express card to get. It’s issued by USAA, but it’s on the Amex card network, which means you can use it anywhere Amex is accepted. It’s also available to people with bad credit, unlike anything Amex offers.
How do I get an AMEX black card
The requirements to get a “black card” aren’t publicly available either, but based on other users’ reports, you should probably:
- Use other Amex cards.
- Be an active cardholder for at least a year.
- Charge at least $250,000 per year (though some estimates are as high as $450,000)
What does 50000 Amex points get you
So, 50k points = $500 cash. There are a lot of nuances from there. If you like any of the places where Amex points get you discounts or cheaper gift cards, you can top 1%. It can also be a lot less than 1% if you insist on actual cash (like a small-denomination Amex prepaid card).
How do I get an Amex 100k
American Express Platinum 100K Offer
You only have to spend $5,000 in the first 3 months to earn the full 100,000-point bonus. Taking the extra minute to prequalify for this bonus means you can earn a bonus worth $400 more than the standard 60,000-point bonus.
What does 20000 Amex points get you
What does the card offer? To get the 20,000 Membership Reward point bonus you must spend £2,000 within the first three months. You also earn one point per £1 spent on the card, two points per £1 for foreign currency spends or airline bookings and three points if you spend with American Express Travel.