One of the most well-known issuers of credit cards worldwide is American Express, or Amex. Every type of spender can profit from one of the available cards, which range from the Blue Cash Everyday to the Platinum Card. But what advantages do American Express cards offer? And does it merit the effort? The advantages of having an American Express Blue Card
For those who wish to receive points on their regular purchases, the American Express Blue Card is a fantastic choice. Cardholders can receive 2% cash back at American supermarkets (on up to $6,000 in yearly purchases, then 1%), 3% cash back at certain American department shops and gas stations, and 1% cash back on all other purchases without paying an annual fee. Additionally, new cardholders might receive a $200 statement credit after making $1,000 in purchases within the first three months of using their new card.
Prepaid cards like the American Express Cash Card let you load money onto them and use them just like debit cards. For people who don’t want to use credit cards or who want to avoid going over their budget, it may be a viable solution. There are no fees associated with the card’s activation, usage, or inactivity. Before using the card, it’s vital to read the fine print because there are costs for ATM withdrawals and international transactions.
What is the value of 150,000 Amex points? Depending on how you use them, Amex points can be worth different things. However, 150,000 Amex points often equate to $1,500 in travel benefits. This can be used to pay for travel-related expenses like flights, lodging, and rental cars. For even more value, Amex points can be transferred to affiliated hotels and airlines.
One of the most prestigious credit cards available is the Amex Platinum Card, which is commonly regarded as such. The card has a costly $695 annual charge but offers a number of perks, including as access to airport lounges, annual statement credits, and elite status with hotel and rental car businesses. Along with a substantial rewards scheme, the card offers 5x points on travel arrangements made through Amex Travel and 1x point on all other purchases.
In conclusion, having an American Express card has several advantages, from earning rewards on purchases you make every day to getting access to special travel privileges. To avoid any unforeseen fees, it’s crucial to select the correct card for your purposes and carefully read the tiny print. An American Express card can be a useful tool for managing your finances and accumulating rewards with the correct card and responsible use.
If they have a card that earns Membership benefits points, American Express members can convert their cashback benefits to those points. Depending on the type of card, the conversion ratio varies, but in general, one dollar of payback equals one Membership Rewards point. You can go into your American Express account, go to the rewards section, and start the conversion procedure to convert your cashback rewards to points. Make sure you wish to convert your cashback before moving on since once you convert your rewards, the process cannot be reversed.