Why America’s Oldest Credit Card Company is Still One of the Finest

American Express, also known as Amex, is one of the oldest credit card companies in the country. Unlike other creditors, which gave you the option to make monthly payments to pay down your credit, the traditional American Express card extends a shorter line of credit. You needed to pay off your balance each month to remain in good standing. The company has also added new cards that functioned more like traditional credit cards, giving you more time to pay off your balance. Before applying for a new card, you should search around the web for rewards cards.  After all, it’s better to get something rather than nothing for purchases you plan on making regardless.

Enhanced Business Gold Rewards Card

The Enhanced Business Gold Rewards Card is an American Express card designed for business travelers and business owners. When you open an account, you gain access to several benefits. If you use the card to open an Amazon Prime account and spend a select amount of money, the company will refund you the cost of your Prime membership. You’ll also receive 30,000 bonus points when you spend a minimum of $5,000 within the first three months of opening your account. The 1:1 transfer program with this card lets you exchange points that you use for an equal amount of points on your Delta or other loyalty program account. American Express will also give you six bonus points for each $1 that you spend during your first few months of membership.

Blue Sky Preferred Card from American Express

American Express created its Blue Sky cards for those who wanted a more traditional credit card. The Preferred Card comes with a $75 annual fee, but the company won’t charge interest on any balance transfers or purchases that you make during the first 15 months after you open an account. If you spend $1,000 or more in the first three months that you have an account, you’ll earn 15,000 bonus points. You can trade in your points to earn discounts on your travels. American Express will actually credit your statement with a set amount of money based on the number of points you redeem. You’ll earn one point for every $1 that you spend at participating locations and two bonus points for every $1 at certain rental car companies, hotels and restaurants.

Gold Delta SkyMiles Credit Card

Charge at least $1,000 to your Gold Delta SkyMiles Credit Card through American Express within three months, and the company will reward you with 30,000 air miles. Amex also gives you the chance to earn additional bonus points before opening an account just by comparing different cards or by being a current member of the Delta SkyMiles program. This loyalty program gives you points when you fly through Delta, which you can redeem for other flights. Delta will give you a free economy flight to dozens of destinations across the country for just 25,000 points.

Platinum Delta SkyMiles Credit Card

Similar to the Gold Card, the Platinum Delta SkyMiles Credit Card comes with free points when you make purchases with your card. If you book a flight with Delta within three months, American Express will give you a free credit on your statement, and you can earn 5,000 bonus miles on your SkyMiles account when you purchase $1,000 or more with your card during those initial three months. Amex credit card offers through the mail let you earn additional rewards. When you spend a certain amount of money or book a certain amount of miles, you become a Silver Medallion member. Amex will also give you more than 30 miles per $1 that you spend when you meet certain eligibility guidelines.

American Express Works For Us

We have had an American Express card for about two years, and it has become one of our favorite.  Our cards focus on cash back rewards, and our American Express has proven to be the most beneficial for us.  Remember, use your cards wisely and find what’s best for you.  These days, there is surely an Amex card to fit your needs.

Copyright 2017 Original content authorized only to appear on Money Beagle. Please subscribe via RSS, follow me on Twitter, Facebook, or receive e-mail updates. Thank you for reading.
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

2 thoughts on “Why America’s Oldest Credit Card Company is Still One of the Finest

  1. Amex IS a good card. I swore I would never pay a fee for a card …but they offered me a “reward” of almost $300 to come on board….so I did. Excellent customer service when you have a problem with a vendor and they double the warranty on items bought with the Amex. Mine is a rewards card that provides 6% cash back on groceries, Works for me!!!

  2. I have an American Express card, but it’s one that’s offered through another company and allows you to have a balance at the end of the month. However, the interest rate is the lowest of all of my cards, just a little over 10%, so it’s doable. I also try and pay it in full each month. Have to say that I’m still not willing to pay an annual fee for a traditional AMEX, but maybe someday.

Comments are closed.