American Express credit cards are widely available, offering many benefits. American Express offers a variety of rewards programs for its credit card members. The main features of the American Express credit card are:
The card is accepted at virtually all of the establishments that accept major credit cards. This makes it easy to use your credit card no matter where you are or what you are doing. American Express offers great benefits and rewards programs with their American Express credit card sign in bonus. You will receive a bonus amount (up to a maximum of three hundred dollars) after you have made your first purchase with your new card.
There are various rewards and features that can be enjoyed with an American Express credit card. One of the more popular rewards offered with the card is the cash back rewards program. With this rewards program, you can earn up to two percent cash back on expenditures made using your credit card. It is a good idea to make purchases with your credit card at places that you know you can pay off in cash. If you carry a balance from month to month, you will pay off that balance faster than if you did not carry a balance.
American Express offers another American Express credit card sign in bonus that comes in the form of the store card. You may choose to add the card to an already existing credit card account or you may choose to add the card to your existing debit card account. The advantage of adding the card to your existing debit card is that you will receive the benefits of having a credit card with store rewards. The disadvantage of adding the card to your existing credit card is that once the balance on the card is paid off, you cannot charge additional purchases using the card.
American Express offers three different reward programs. The Gold Delta Rewards program will give you cash rebates at select department and grocery stores as well as airline miles. The Platinum Card gives you 1.5% cash back on the purchase of products and services in stores, the Blue Cash Credit Card earns five percent cash back on purchases of gas and groceries, and the Silver Elite Credit Card gives you six percent cash back on expenditures in the stores and on airlines. These are the only credit cards that have separate credit card sections.
American Express credit cards generally have the lowest interest rates. They do, however, have to meet specific monthly percentage rate requirements. You cannot be a part-time student and you cannot be a part-time non-household employee. Before you apply for an American Express credit card, make sure that you are meeting these requirements. It is possible to have the card and be a full time student, but be aware that the interest rates will be much higher. If you have a stable income and a low debt to income ratio, it will be in your best interest to apply for the credit card.