American Express Cards?

malina · Joined: 04 Feb 2008 Posts: 25

Guys I'm confused! Rolling Eyes

Very often I recieve American Express Green Card promotional offers by mail. Is it a good card?
I've heard that is not like real credit card, it is more like a charge card because it needs to be payed off at the end of the month.
I don't have any American express cards, but i wish to get one.
Can anybody help me to find out if AMEX Reards Green Card is a good start to begin relationship with American Express?

Thanks.

AMERICAN EXPRESS® PREFERRED REWARDS GREEN CARD

Intro APR:
N/A
Reg APR:
0%
Annual Fee:
$0/$90

Apply for American Express® Preferred Rewards Green Card

This is the card I am talking about.

Claudia · U POSTER Joined: 11 Feb 2008 Posts: 39

i don't know much about this card. but it looks like it has an annual fee of up to $90. plus, you are right, this is a charge card. i don't think this is the way to start with amex cards. try something like blue cash or clear.

BLUE FROM AMERICAN EXPRESS®

Intro APR:
0%
Reg APR:
as low as 7.99%
Annual Fee:
None

CLEAR FROM AMERICAN EXPRESS®

Intro APR:
0%
Reg APR:
9.99%
Annual Fee:
$0

Ramond V · U POSTER Joined: 20 Nov 2007 Posts: 31

What kind of credit do you have. To get a card like that you probably need an excellent credit.

malina · Joined: 04 Feb 2008 Posts: 25

bigD · Joined: 05 Feb 2008 Posts: 50

American Express offers both credit and charge cards. Generally speaking, it is easier to get a charge card, rather than credit card. Most of those offers will say "no preset spending limit", do not take it literally. You won't be able to spend more than what they allow you to. Plus, it is a good way to manage debt since you have to pay off the balance every month.

AMERICAN EXPRESS® PREFERRED REWARDS GOLD CARD

Intro APR:
N/A
Reg APR:
0%
Annual Fee:
$0/$125

Apply for American Express® Preferred Rewards Gold Card

cardexpert · Joined: 04 Feb 2008 Posts: 21

American Express is one of the most popular credit cards nowadays!
They have great selection of credit cards for alll categories of customers.
Well, I have to agree that most likely you will need a good credit to be approved for American Express credit card, but you always can start your relationship with American express from American Express Rewards Green card. Even though it works as a chrge card, by using it you can prove your credit ability.
Ina while you should be able to be applied for a regular AMEX credit card, like Blue Cash from AMEX.

This is the card you can start up with:

AMERICAN EXPRESS® PREFERRED REWARDS GREEN CARD

Intro APR:
N/A
Reg APR:
0%
Annual Fee:
$0/$90

Ramond V · U POSTER Joined: 20 Nov 2007 Posts: 31

Sorry for a dumb question, but why would one get a charge card? Is it more like an electronic wallet type of deal? So one wouldn’t carry his money around or something?

moneyline · Joined: 05 Feb 2008 Posts: 2

I believe they have greater limits than credit cards. So it's better for business needs, especially new business.