what is the benefit of an american express card

by Lavonne Renner I Published 3 years ago Updated 2 years ago

What benefits are available to American Express cardholders?

Travel protections. When booking travel, American Express credit card benefits include its travel benefits. ...
Retail protections. American Express retail protection benefits also vary by card. ...
Pre-sale ticket access. ...
Complimentary hotel nights and property credits. ...
Free ShopRunner membership. ...
American Express Experiences hub. ...
Limited-time retail offers. ...

Full Answer

What are some benefits to getting an American Express card?

Fine Hotels + Resorts. ...
$200 Hotel Credit. ...
$179 CLEAR Credit. ...
Fee Credit for Global Entry or TSA Pre✓®. ...
Global Entry Fee Credit Option: Global Entry is a CBP program that allows expedited clearance for pre-approved, low-risk international travelers upon arrival in the United States.

What are the pros and cons of American Express?

Pros & Cons Details Pros. Long list of travel benefits, including airport lounge access and complimentary elite status with Hilton and Marriott (enrollment required) ... American Express has ...

What benefits does American Express offer?

We offer healthcare benefits that provide coverage for colleagues and their families*:

Medical, dental, vision, life insurance and disability benefits (U.S.)
Free access to global Healthy Living Wellness Centers
Free and confidential counseling services through our Healthy Minds program
20 weeks of gender-neutral parental leave for eligible colleagues (U.S.)
Financial assistance for adoption, surrogacy and reproductive treatments (U.S.)

More items...

What are the advantages of American Express credit cards?

This card offers additional perks and benefits that you might find useful, including:

0 percent introductory APR on purchases for 15 months (13.99 percent to 23.99 percent variable APR thereafter)
Amex Pay It Plan It
Complimentary ShopRunner membership
Car rental loss and damage insurance
Purchase protection

What is the benefit of having an Amex card?

Who benefits? Amex Offers saves you money on shopping, dining, travel and more8. Enjoy easy access to regular discounts, statement credits and bonus Membership Rewards points.

Is getting an American Express card worth it?

The American Express® Gold Card offers solid value for most travelers. The earnings rate of 4 Membership Rewards points per dollar at restaurants and U.S. Supermarkets* is among the highest in the industry. Membership Rewards are flexible and easy to redeem.

Do you have to pay American Express in full every month?

Unlike traditional credit cards, American Express cards do not have a regular APR or charge interest, as all balances must be paid in full each month.

Do Amex cards build credit?

American Express can help your credit score if you are the primary accountholder or an authorized user aged 18 or older on an American Express credit card or charge card account. For an Amex card to be good for your credit score, the account must be kept in good standing with on-time monthly bill payments.

Is American Express a hard card to get?

It's generally harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex's credit card offers require good or excellent credit for approval.

Is Amex worth it in Australia?

Hopefully they will be worth the wait! To be clear, the American Express Platinum card still comes with plenty of useful benefits including Virgin Australia Lounge access and complimentary status with several hotel chains. It's also a good points-earner. But when it costs $1,450 per year, it needs to be.

How much money do you need to have a gold American Express card?

If you're not eager to pay $250 for the Amex Gold card, consider alternative cards, like the American Express® Green Card or the American Express Cash Magnet® Card, that are more affordable. The Green card is geared toward restaurant, transit and travel rewards, while the Cash Magnet is an easy-to-use cash-back card.

Is American Express worth it UK?

The American Express Platinum Card is at the top end of premium cards on offer in the UK — both with regards to the annual fee though also when it comes to benefits and perks that come with the card....Membership Rewards points.Airline and hotel programmesRatioTransfer timeRadisson Rewards1:310 working days15 more rows•Aug 20, 2021

How much is the American Express service fee?

There’s a $39 servicing fee per ticket.

How many American Express dealers accept American Express?

You’re connected with over 10,000 dealers that accept American Express. Dealers on the auto purchasing program's website accept your card for at least $2,000 and up to the full purchase price of the car. These same dealers also offer a Guaranteed Savings Certificate on your configured car and in-stock cars that align with your preferences.

How much credit do you get on a cruise with American Express?

Use your card to book cruises of five nights or longer through American Express Travel and get up to $300 in shipboard credit per stateroom. Additional perks include exclusive amenities that vary per cruise line and one extra Membership Rewards points per dollar spent.

What is the premium roadside assistance?

The Premium Roadside Assistance benefit offers help when you have an emergency on the road. You can call the number on the back of your card at any time of day. Eligible services include towing up to 10 miles, changing a flat or jump-starting a battery, and American Express pays for these services up to four times a year. Exclusions and terms apply.

How many points do you get for flying with American Express?

5 Membership Rewards points per dollar spent on flights booked directly with airlines or with American Express Travel.

How many points per dollar on all other purchases?

1 point per dollar on all other purchases.

What is a Platinum Card?

The Platinum Card® from American Express is like a flashy suitcase overflowing with premium benefits for your travel experience.

How long does it take for an American Express card to show incidental purchases?

If you do not see a credit for a qualifying incidental purchase on your eligible Card after 4 weeks, simply call the number on the back of your Card. See terms & conditions for more details.

What happens if you get a fraudulent charge on American Express?

If there is a fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue.

What is Marriott Bonvoy Gold Elite?

Upgrade to Gold Status. With Marriott Bonvoy Gold Elite Status, you can receive upgrades to enhanced rooms upon check-in when available.*

What is preferred seating?

With Preferred Seating, you have access to premium seats for select cultural and sporting events, based on availability.

How to use membership points?

Use Membership Rewards points to place an offer on a seat upgrade with over 20 participating airlines. If your flight itinerary is eligible, select the amount of points you'd like to offer. You can use points for all or a portion of the offer amount.

Can you fly with a Platinum Card on Wheels Up?

Make traveling even more unforgettable by flying private with Wheels Up. Platinum Card Members are eligible to receive a discount on new Wheels Up Connect and Wheels Up Core Memberships. Plus, get a flight credit, based on your selected membership, to use toward your initial flight.

Does Premium Global Assist have a cost?

Emergency medical transportation assistance may be provided at no cost only if approved and coordinated by Premium Global Assist Hotline. Card Members may be responsible for the costs charged by third-party service providers.

How much can you refund with American Express?

If you try to return an eligible item within 90 days from the date of purchase and the merchant won’t take it back, American Express may refund the full purchase price, up to $300 per item, up to a maximum of $1,000 per account per calendar year based on the date of purchase. Terms apply.

Does Amex offer free shipping?

If you enroll in AmEx's ShopRunner service and use your card to pay with a participating merchant, you'll get complimentary two-day shipping and free returns. Terms apply.

Can you transfer Amex points to Amazon?

The Membership Rewards points you earn with the American Express® Gold Card can be redeemed several ways, including for statement credits, gift cards or on Amazon.com. But transferring points to AmEx's multiple airline and hotel partners will almost always net you the most value per point. AmEx features more such travel partners than any other major U.S. credit card loyalty program. Here’s the list of Membership Rewards partners and transfer rates.

What is Amex Gold Card?

The Amex Gold card delivers elevated earnings at restaurants, supermarkets, and on flights with redemption options any traveler will love.

What are the categories of American Express gift cards?

Gift card categories include Air/Lodging, American Express, Car/Rail, Dining, Experience, and Retail . Unfortunately, the category that allows you to redeem your Membership Rewards points for American Express gift cards is a poor choice, as you’ll receive only 0.5 cents in value per point.

How much does an Amex Gold card cost?

Prices range from $12.95 to $24.95 depending on location and coverage selected.

What is Amex card?

American Express, often called "AmEx", is different from most credit card issuers in that it is it's own bank as well. With other cards such as Visa or MasterCard, there is a bank backing the card.

How much cash back is on American Express?

One of the most rewarding benefits are the cash back rewards offered on many American Express cards. Cash back is often up to five percent on regular purchases; more than competitor Visa or MasterCard usually offers. Advertisement.

Do American Express credit cards require payment?

When American Express first started offering credit cards they were true credit cards, meaning the balance had to be paid in full each month. At this time not all of American Express' cards require payment in full each month but many of them still do ; be sure to understand your terms of use. Advertisement.

Is there a pre-determine spending limit on Amex?

Advertisement. Unlike many other credit cards, there are usually no pre-determine spending limits on an American Express. A good credit report, history with AmEx, and time as a customer will enable you to have more freedom with your card. Lastly, American Express customer service is known to be excellent quality.

Is American Express a bad credit card?

With any good, there is always the bad. Drawbacks of American Express include the notorious annual fees. Although an annual fee is almost expected, the actual fee itself varies. In some instances, the annual fee is waived for the first year, or sometimes two years, for simply signing up or agreeing to spend a certain amount each year, according to 100 Best Credit Card Reports.

Lisa Cahill, Credit Cards Moderator

This answer was first published on 10/27/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Which Amex card is the best?

Finally, you might be considering the “S-Class” of the Amex lineup – The Platinum Card®. Despite having the highest fee of any Amex card, The Platinum Card® may actually be the best value – if you’re already spending big money on flights, hotels, Uber, SiriusXM®, etc.

How many rewards cards does Amex have?

Amex currently offers 17 rewards cards, and 11 of them have an annual fee attached.

How to pick the right Amex card?

As hinted above, the key to picking the right Amex, and rewards card in general, is to find the card that fits your existing lifestyle and spending habits.

What credit score do I need to get an Amex card?

I’ll just come out and say it – you’ll need a 700+ credit score to have a good shot at getting approved for an Amex. That’s because Amex wants to attract “Lannister types” – those who spend big but always pay their debts.

How much is Blue Cash Preferred?

For example, the Blue Cash Preferred® Card has a $95 annual fee and 6% cash back on supermarkets and streaming – among others, but for simplicity’s sake, we’ll focus on the biggest rewards categories:

How many merchants accept Amex?

However, Amex still struggles internationally. According to a 2020 Nilson report, while Visa and Mastercard are now accepted by over 70 million merchants globally, only 44.2 million of them accept Amex.

How much does the Platinum Card cost?

Even The Platinum Card®‘s eye-watering $695 annual fee starts to make sense when you consider it comes with $1,400 in credits for Uber, Netflix, and more.

Earn Valuable Membership Rewards Points Plus More

Shopping Discounts, Perks, and Credits

Shopping Protections

Travel Benefits That Add Value

Additional Travel Benefits and Protections

Using The Card — Costs and Fees

Redeeming Valuable Membership Rewards Points

Everyday Benefits and Protections

24. Entertainment Access
You’ll feel like a VIP with exclusive access and advance notice for shows, concerts, and sporting events near you. You’ll also get invited to cardmember-only events.
25. American Express Preferred Seating
Receive access to premium seating at select cultural and sporting events when available.

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