American Express Review – Get More From Amex
There are many offers nowadays to acquire credit cards. You can choose between rewards cards, guaranteed, with low annual interest, among others. To choose the correct one, you must be clear about what you intend to achieve by opting for an issuer of these financial products.
However, the biggest advantage of a credit card, regardless of the type, is the possibility of enjoying a product or service, even if you do not have the financial resources to do so. That includes the possibility of enjoying paying for travel to destinations that you have always wanted to visit and paying for the expenses during your stay.
American Express Review
American Express, also known as AmEx, is a company founded in 1859 that was initially dedicated to transporting cargo and securities on railways, but in 1958 they launched their first credit card, with great acceptance.
As of today, Amex is still one of the main credit card issuers in the world, and we dedicated this article to describe in detail all that you should know about their service.
What You Should Know
Currently, this financial company offers 18 different credit cards, each designed to meet customers’ needs with specific tastes, spending habits, and paying capacities.
When you enter their website, you have easy access to the card section, where you will know the advantages of each one.
In addition, as a company owner, you can acquire corporate cards for your dependents.
You can also create your own user directly on the American Express website to manage your payments or other arrangements. This financial giant has more than 1700 offices in more than 130 countries worldwide. For this reason, it is one of the best options to pay your expenses abroad.
They have recently adjusted their welcome bonus policies, so if you have had any of these products, you may no longer be eligible to regain the bonus.
However, all must be eligible for bonuses and discounts through the offers of this company, although the merchants and the exact offers you will receive will vary according to the selected card.
We can classify these cards under the category of rewards, which translates into benefits granted by the issuer to use the card.
For example, with the Cash Magnet card, you can earn $ 200 in reimbursement, but only after spending $ 1000 on purchases with your new Card in the first three months. In addition, you will receive $ 200 in the form of a credit statement.
Being the case that they are present in most countries of the world, besides being among the 100 largest companies in the world according to Fortune magazine, you can use your card like any other credit card in the world, a precious advantage since cash is not always easy to obtain abroad.
Unfortunately, you cannot apply for this card from the official American Express website, so you should not fill out an online form with your personal information as if it happens in other cases.
To obtain one of its products, you must go to an associated bank or directly to an AmEx entity.
Although there is a great variety of cards issued by them, we can specifically mention the most outstanding ones:
American Express Platinum:
- Earn 60,000 points after spending $ 5,000 during the first three months of opening your account.
- The annual credits granted for unforeseen charges in the airlines and for Uber’s trips reduce the real value of the annual charge to $ 150. In addition, the profit rates for tickets booked directly with an airline make it an ideal card for purchases of air tickets, especially with access to VIP lounges.
- The AmEx Platinum card also gives you status with two hotel programs: Hilton and Marriott. Annual fee of $ 550.
Amex EveryDay Preferred by American Express:
- Achieve 25,000 points after spending $ 1000 during the first three months of opening your account.
- This card allows you to participate in the Membership Rewards program without suffering from a high annual fee.
- It is also ideal if you infrequently travel, although you do not get the significant advantages of Amex Platinum or Amex Gold. Even so, you have some solid category bonuses for daily spending.
- If you use it as your main card, you should make sure you meet at least 30 transactions a month to get the 50% bonus annual fee of $ 95.
Gold Delta SkyMiles from American Express:
- Sixty thousand bonus miles for spending $ 2000 on purchases with this card in the first three months.
- An excellent option for users of Delta centers.
- You will save $ 50 on a round-trip flight with free checked baggage. Even though Delta has significantly devalued its program recently, some solid swaps are still using SkyMiles.
- In addition to receiving bonus and flight benefits, these cards also provide the opportunity to earn Medallion Qualification Miles and other benefits with an annual fee of $ 95.
Understanding the delicate balance between a responsible borrower and one that begins to drown in debt, American Express has dedicated a section of its website to educate its users financially and to all those who wish to consult practical advice from professionals for free.
As this issuer suggests, credit cards are financial tools that should be used with caution. Thanks to its correct use, you can improve your credit score, as indicated in their article about protecting and upraising the credit score.
Likewise, the article “Know the importance of paying on time” explains the effect of late payments, such as raising the annual interest rate.
According to them, they affirm, they promote from their beginnings values that guide their steps, and the certain thing is that we can verify in their products that they are oriented towards the client’s satisfaction. Among its declared values, we read:
Amex is driven by their commitment to offering exceptional products, services, and experiences to their clients. They claim to value strong relationships with customers and be defined by how well they care for them.
Amex’s goal is to make a difference in the communities where they work and live. They claim to be committed to corporate social responsibility and having an impact by strengthening their connections.
Amex claims to be a diverse and inclusive company and serves various clients.
They believe they can be a better company when each one of their members feels included, valued, and capable of trusting colleagues who respect them completely for what they are and contribute to collective success.
They understand that as credit card issuers, they are determined to provide the best experience to their clients. To achieve this, they keep working in strategic alliances and reach as many places as possible.
Membership Rewards Program
American Express has developed a strong loyalty program for most cards issued worldwide.
The membership Rewards allow you to obtain treats by accumulating 1 point for each US dollar, which you liquidate with the American Express cards participating in the program.
However, Gold, Platinum, and Centurion products even include the rewards program’s cost in their pre-established annual quotas.
Usually, accumulated points are exchanged for rewards such as:
- Free nights in hotels
- Miles for frequent flier programs
- Car rentals, dinners in restaurants
- Shows and entertainment
- Discounts in stores
- White goods
- Catalog rewards and a subscription to magazines
All of which will be directly subject to the product you own.
In addition to all the benefits that you can obtain as an individual when selecting one of your products, your business and your workers can also enjoy certain advantages.
You must enter the site and select the business drop-down menu. Small businesses, corporations, merchants, and even global networks will offer.
Also, through this website, you can make reservations for luxury hotels and resorts or book flights. You can even choose your currency exchange service, operating with more than 80 currencies in more than 100 countries.
You can use this platform to send and receive payments, although you must agree with American Express’s rate.
At the end
American Express is a well-established organization dedicated to issuing credit cards, among other financial products.
They offer their clients an attractive rewards system, but whose main rewards are offered under consumption terms may be too demanding for some.
With around 18 cards to offer to the general public, the range of options includes important businessmen and celebrities and ordinary people with good financial health.
You should only spend some time examining their products to determine which of them suits your current financial circumstances. So, stop wasting time, apply now, and get one of the credit cards with more benefits from the worldwide offer.
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