Wednesday, May 31, 2023

Which Amex Credit Card Is Best

Don't Miss

Pc Financial World Elite Mastercard*

Best American Express Credit Cards

Due to its association with Loblaws stores and Shoppers Drug Mart, the PC Optimum program offers members access to a wide variety of ways to earn PC Optimum Points, including gas, drug store and grocery purchases. With an earn rate of 30 points per $1 in Loblaws-owned stores , 45 per $1 at Shoppers Drug Mart, and 10 everywhere else, this card is one of the best no-fee cards for gas and groceries on the market. Its simple to redeem points. You simply show the card at checkout anywhere PC products are sold and get $10 back for every 10,000 points. Theres even an included package of travel and car rental insuranceand it carries no annual fee.

  • Annual fee: $0
  • Earn rate: 30 points per $1 in Loblaws stores and PC Travel 45 points per $1 spent at Shoppers Drug Mart 30 points per litre at Esso and 10 points everywhere else
  • Income requirement: $80,000 or $150,000 , as well as a $15,000 minimum annual spending requirement
  • Additional perks: Travel insurance car rental coverage

Does Amex Waive Its Annual Fee

You can enjoy first-year annual fee waiver for the American Express Krisflyer and the American Express True Cashback Card. Generally, American Express does not waive the credit card annual fee after the first year. The annual fee for the American Express Krisflyer Credit Card is $176.55 while the American Express True Cashback Card is $171.20 .

Best Overall Travel Credit Card

  • Featured

    Featured card

    Apply now and you could earn up to 30,000 bonus points with the American Express Cobalt Card

    go to site

  • Annual fee: $155.88
  • Earn 5 points per $1 on dining and groceries
  • Earn 2 points per $1 on gas, taxis, public transit and travel
  • Earn 3x the points on eligible streaming subscriptions in Canada
  • Earn 1 point per $1 on all other purchases
  • Welcome Bonus of 20,000 Membership Rewards points when you spend a total of $3,000 in purchases on your Card in your first 3 months of Cardmembership.
  • Transfer points 1:1 to several frequent flyer and other loyalty programs.
  • Income required: No specific amount

You May Like: Where Can I Use My Valero Credit Card

American Express Global Card Relationship

For existing American Express customers, the American Express Global Card Relationship program is a great option for discovering new credit cards. You can access information on available cards simply by logging into your active international Amex account.To qualify for the program you will need to provide the number for your existing international account. This account must be in good standing and have been active for at least three months prior to submitting an application for a new U.S. card.

Best American Express Cards Of September 2021

The 6 Most Prestigious Credit Cards Available

ALSO SEE:Best credit cards of 2021 || Visa || Mastercard || American Express || Discover || Bank of America® || Capital One || Chase || Citi || US Bank || Wells Fargo

American Express made its name with cards that were as much status symbols as payment methods. In the 21st century, the issuer offers a complete line of cards with generous rewards and valuable perks.

American Express made its name with cards that were as much status symbols as payment methods. In the 21st century, the issuer offers a complete line of cards with generous rewards and valuable perks.

Also Check: Best Buy Credit Card Apply In Store

Mbna Rewards World Elite Mastercard

  • Annual fee: $120
  • $50 Additional card fee for one authorized user.
  • Earn 5 points for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $50,000 is spent annually in the applicable category. 1 point for every $1 on all other eligible purchases
  • Receive up to 30,000 bonus points as a new cardholder
  • Income requirement: $80,000
  • This offer is not available for residents of Quebec. For residents of Quebec, please

Which American Express Card Is Right For You

With so many American Express cards to choose from, picking the right card can be complicated. You’ll need to decide both the type of rewards you want to earn, as well as which rewards categories will be most valuable for your lifestyle.

If you want Membership Rewards points:

  • The Platinum Card® from American Express
  • American Express® Green Card

Don’t Miss: What Bank Is Ulta Credit Card

How To Pick The Right Card For You

If a card with no preset spending limit sounds appealing to you, one of these three cards from American Express could be a good option. But the best card for you will depend on where you typically spend.

The Platinum Card® from American Express is a clear standout for people who frequently travel, dont mind paying a hefty annual fee and can take advantage of the cards premium benefits. But the annual fee and travel-focused perks mean it wont make sense for everyone, especially if your purchases align with other bonus categories. You might be better off with a more moderately priced travel card instead.

The American Express® Gold Card is especially geared toward foodies, with good rewards at restaurants and U.S. supermarkets. But the value of this card and whether it outpaces the annual fee comes down to how often you dine out and purchase flights directly through airlines or through the American Express Travel Center. Again, you might want to consider a cheaper credit card with no annual fee instead perhaps something like the Capital One® SavorOne® Cash Rewards Credit Card.

If the annual fees on the other two cards give you pause, the American Express® Green Card offers a cheaper alternative with a $150 annual fee. Its a good fit for the occasional traveler looking to rack up travel rewards for the first time. But the rewards rate is pretty mediocre, especially compared to some other rewards credit cards with a similar annual fee.

Best American Express Credit Cards Of September 2021

Amex Everyday Card Review | Best Beginner Amex Credit Card?

Many or all of the products here are from our partners. We may earn a commission from offers on this page. Its how we make money. But our editorial integrity ensures our experts opinions arent influenced by compensation. Terms may apply to offers listed on this page.

American Express is the issuer of choice if you’re looking for some of the best rewards credit cards on the market. But that’s not all they offer. American Express is often ranked at the top of any list of top credit card companies, offering high-rated customer service and a great user experience. Any credit card aficionado is going may want at least one or two American Express cards in their collection.

You May Like: Jcpenney Mastercard Apr

Best Metal Credit Cards Faq

Finding the best credit card can be tough. But youve got the knowledgeable WalletHub community on your side. We encourage everyone to share their knowledge while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institutions responsibility to ensure all posts and questions are answered.

Best Luxury Credit Cards

No, the Visa Black Card doesn’t exist anymore. The offer changed card networks and rebranded from Visa to Mastercard back in 2016. Only the rebranded version of the card now the Mastercard® Black Card is available to new applicants. It’s offered through a partnership between Barclays and the so-called Luxury Card brand same as the Visa Black Card. The Mastercard® Black Card also offers many of the same features as the Visa Black Card. For example, the Mastercard® Black Card has the same annual fee as the old Visa: $495 . And it’s the mid-priced option in a 3-card lineup, which now includes the Mastercard® Gold Card and the Mastercard® Titanium Card.

The Visa Black Card was touted as a luxury status symbol-type credit card, and so is the newer Mastercard® Black Card – though neither is the invitation-only Centurion® Card from American Express, also known as the black card. You won’t need an invitation to apply for the Mastercard® Black Card. All you need is good credit, and you can apply through the Luxury Card website.

The new Mastercard® Black Card offers a few more perks than the Visa version did. They include a $100 annual airline credit, a $100 Global Entry credit once every 5 years, and a carbon/stainless steel card. It also added promotional APR period of 0% for 15 months on balance transfers. And the new card has more valuable points 50,000 points will get you a $1,000 plane ticket, for example.

Read Also: What Credit Card Company Pulls Transunion

What Is The Best Credit Card For New Immigrants

Top credit card options for new U.S. immigrants include the Capital One Platinum Secured Credit Card, U.S. Bank Secured Visa® Card* and the First Progress Platinum Prestige Mastercard® Secured Credit Card, but what card might be right for some wont necessarily be right for you. Consider your spending habits, budget and credit situation to determine which card is right for you before applying for any card.

Blue Cash Everyday Card From American Express

Maximizing Benefits with The Amex Platinum Card

Our pick for: No-annual-fee grocery and gas rewards

The Blue Cash Everyday® Card from American Express pays elevated rewards at U.S. supermarkets, U.S. gas stations and select U.S. department stores. The rewards aren’t as rich as on the Blue Cash Preferred® Card from American Express, but this card doesn’t charge an annual fee. New cardholders get a decent bonus offer and an introductory 0% APR period. If you’re buying groceries regularly but not necessarily all the time, it’s worth a look. Read our review.

Recommended Reading: Best Buy Visa Credit Card

Takeaway Easiest Amex Cards To Get

These are some easiest Amex cards to have in your wallet. But, get only the ones that fit with your lifestyle rather than running behind offers. American Express has greatly improved its acceptance rates at any points of sale in the US. But, if you are an international traveler, be aware that Amex is not widespread in other parts of the world. So, you may want to also have a Visa or Mastercard credit card with you if you travel internationally.

Amex satisfies US anti-trust laws but it steers customers towards high rewards and high annual fees, in my personal opinion. So, be careful before picking up a card. Make sure it absolutely helps you in your journey.

The best and easiest Amex cards to get approved for in our opinion

  • Blue Cash Everyday Credit Card from American Express
  • Cash Magnet Credit Card from American Express
  • Blue Cash Preferred Credit Card from American Express
  • Amex EveryDay Card

Dont limit yourself to Amex and consider getting Chase credit cards too. Also, lookout for Amex Lifetime language in their bonus terms and dont churn the card if you find it. We are open to hearing about your experience if you had any with these or other Amex cards.

Will My Foreign Credit History Transfer To The Us

Maybe. There is no global standard or system for credit reporting, so your credit score history will likely only exist in the country where you originally built it. That said, when applying for a new credit card in the U.S., you can request a credit card issuer or bank of choice refer to your international score history while assessing your eligibility to start building credit within the U.S.. Call an issuer to ask about specifics regarding your ability to be considered based on a foreign credit report.

Don’t Miss: What Bank Is Ulta Credit Card

The Blue Business Plus From American Express: Best For Business Owners

The Blue Business Plus from American Express is the only Amex business card that earns Membership Rewards points and has no annual fee , making it a desirable choice for business owners looking to increase their travel rewards once business travel starts to pick up again.

This card offers simplicity at its finest, as you dont need to keep track of bonus categories. Instead, youll earn a flat 2 points per dollar on all purchases made with the Blue Business Plus, up to $50,000 per year, then 1 point per dollar thereafter. Since The Points Guy values Membership Rewards points at 2 cents apiece, thats effectively a 4% return on your first $50,000 of purchases every year.

Related: These business credit cards earn rewards and can get you through a cash crunch.

Businesses also pay nothing to add authorized users, and youll earn points on any expenses charged on those employee cards as well as your own. Plus, the Blue Business Plus offers a 0% introductory APR on purchases for the first 12 months you have the card, which rises to a variable 13.24% to 19.24% afterward. So if you use the card to finance your business purchases, make sure to pay the debt in full before the intro period ends.

Essentially, if you own a small business that typically spends less than $50,000 per year on credit cards, the Blue Business Plus allows you to track your business expenses while earning flexible Membership Rewards travel points, and all without paying an annual fee.

Best Travel Credit Cards For Frequent Flyers

Best American Express Credit Card For Beginners
  • 80,000 TD Points when you spend $1,000 within 90 days of Account opening.

To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening.

This card also offers one of the richest rewards for travel spending, with a regular earn rate of 4.5% per dollar on any purchase made on the ExpediaforTD website. Thats more than double the rewards rate on travel spending offered by most of the other cards on this list and considerable bang for your buck if youre a frequent flyer who spends big on flights.

With the TD First Class Travel Visa Infinite, youll also have flexibility on your side as this card offers access to Expedias complete inventory of airlines and hotels. That means you wont have to worry about blackout dates or seat restrictions. Lastly, with the ability to redeem rewards from increments of only 200 points, you wont have to rack up thousands of points before you can put them to good use.

Card travel insurance benefits:

This card includes up to $1 million in travel medical insurance for 21 consecutive days , trip cancellation coverage of $1,500 per person and $1,000 in lost or delayed baggage insurance. Youll also get the standard auto collision and loss damage waiver for rental cars for a period of up to 48 consecutive days.

Additional perks:

Also Check: Does Alaska Airlines Credit Card Charge Foreign Transaction Fees

What Credit Score Is Needed For An American Express Credit Card

American Express primarily offers rewards cards for personal or business use, so you generally need good-to-excellent credit to qualify for their products. In numerical terms, that equates to a FICO credit score between 670 and 850.

Specific criteria will vary by product, and American Express considers other factors, like your income or reported debt levels, when considering your application. However, as a general rule of thumb, the more lucrative the rewards, the higher you can expect the credit score requirements to be. In other words, a score of 670 might qualify you for the entry-level Blue Cash Everyday Card, while the premium Platinum Card might require excellent credit .

Learn more about American Express credit score requirements, plus get some tips on how to improve your credit.

Build Credit Without A Social Security Number

Simply by obtaining a credit card, whether you used a social security number or not, you begin to build credit. The key is managing credit payments in a responsible way by always paying on time in full and not exceeding a credit utilization ratio of about 30% across all accounts.

Other types of loans also build credit, so a credit card is not required to build credit. Mortgages, car loans and any other type of loan from an issuer who reports payments to the three credit bureaus will work to help build credit.

Also Check: How To Pay Best Buy Credit Card On App

American Express Membership Rewards

Holders of certain credit cards are eligible for the Membership Rewards loyalty program. You can earn points through purchases and qualifying Amex Offers. Membership Rewards points can be redeemed for travel, shopping, statement credits, gift cards, charitable donations and more.

Some cardholders have the option of transferring Membership Rewards rewards points to American Express hotel and airline partners or use points to book through

What Are The Eligibility Criteria To Apply For American Express Credit Cards

The Centurion

To apply for an American Express credit card, American Express says you must be able to satisfy the following criteria:

  • You must be 18 years or over
  • You must have no history of bad debt or payment default
  • You must be an Australian citizen or permanent resident or hold a long term visa
  • You must meet the minimum income criteria for the card of your choice .

Read Also: Does Walmart Have Prepaid Visa Cards

Earning Rewards With American Express Cards

There are several options for earning rewards with American Express cards. Membership Rewards provide value and flexibility, cash-back rewards offer liquidity, and co-branded airline and hotel cards earn miles or points that add to your loyalty program rewards balances.

Lets look at the types of reward-earning possibilities with Amex cards.

More articles

Popular Articles