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Preferred Rewards Green Card from American Express


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Preferred Rewards Green Card

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Preferred Rewards Green Card
Issued by: American Express

Annual Fee: $95**
Intro Rate: None
APR: n/app
Card Type Charge


CREDIT CARD REVIEWS:


The Preferred Rewards Green Card is an ideal card for those who can afford to pay in full each month to avoid accumulating credit card debt, as often can be the case with revolving balances and high interest rates.

Cardholders have access to the Membership Rewards program for no additional fee. Through the rewards program, cardholders earn one point per dollar spent on all purchases. Plus, cardholders will receive 5,000 bonus points after their first purchase, which is redeemable for a $50 gift card. Points can be transferred to eleven frequent flyer programs at a rate of one point per mile, and points can also be redeemed for many other rewards. There is no limit to the amount of points that can be earned, and points never expire.

Although there is a high annual fee of $95 for the basic card and a fee of $30 for additional cards, this fee will be waived the first year for the basic card and for up to five additional cards. This card does provide many additional services and benefits including up to $100,000 in travel accident insurance, auto rental insurance, purchase protection, various merchant discounts, and more.

Cardholders will also have access to the Global Assist® Plus Hotline, which provides them with various services when they are traveling more than 100 miles away from where they live.

Therefore, those who can afford to pay in full each month, would like to participate in the rewards program, and plan to take advantage of the many benefits and services provided by American Express® will benefit most from what the Preferred Rewards Green Card has to offer.


Other Card Specific Information


Introductory Rate None
Var Fi x Purchase n/app
Annual Fee $95**
Annual Details **The annual fee will be waived the first year for the basic card and for up to 5 additional cards.
Application Fee n/app
Participation Fee n/app
Reload Fee n/app
Inactive Fee n/app
Total First Year Fees n/app
Type of Reward Point
Optional Reward No
Optional Annual Fee n/app
Rebate Minimum n/app
Rebate Maximum n/app
Additional Rebates n/app
Rebate Details n/app
Points Per Dollar Spent 1 Point
Additional Points None
Point Details Points can be redeemed for travel certificates from 16 domestic and international airline partners. Points can also be transferred into 11 different frequent flyer programs (1 point equals 1 frequent flyer mile or frequent guest credit for most programs).
MilesPerDollarSpent n/app
AdditionalMiles n/app
MileDetails n/app
Miles Compatible With n/app
Expiration None
Yearly Limit None
Additional Perks Various Internet account related services.
Year-end financial statement.
Fraud protection.
Extended warranty for purchases.
Purchase Protection.
Medical referral services.
Legal referral services.
Roadside assistance.
Emergency cash replacement.
Lost luggage insurance.
Guaranteed hotel reservations.
Auto rental insurance.
Up to $100,000 in travel accident insurance.
Emergency card replacement.
Various travel and emergency assistance services.
See website for additional benefits.
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