Preferred Rewards Green Card From American Express - A True Financial Companion

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Established in 1850, American express occurs to be one of the oldest and most honored financial service organizations in the planet. Also referred to as Amex, the concern excels in credit card, charge card and travelers cheque businesses. Credit cards from American express are identified for offering unparalleled consumer service and instant compare instant approval visa credit cards purchasing energy. Preferred Rewards Green Card from American Express is an exceptional Amex credit card.

The Target Group

Even though Preferred Rewards Green Card from American Express is recommendable for everyone, but it is excellent for those who can afford to pay the full balance each and every month to effectively skirt accumulation of credit card debt. This is since an accumulated debt leads to a really high rate of interest, which is inconvenient for an person to spend later.

Key Characteristics

With no pre-set spending limit, the Preferred Rewards Green Card from American Express comes fee-cost-free for the 1st year. It is not just the annual fee of the basic card, but fees for up to five added cards are waived in the very first year of card membership. Immediately after debt cards the expiry of the 1st year, an annual fee of $95 is charged for the basic card and $30 for every added card.

Extra Rewards

Preferred Rewards Green Card from American Express is recognized in many places all over the world. This card offers many additional benefits like fraud protection, extended warranty for purchases, purchase protection, medical and legal referral services, roadside help, emergency cash replacement, auto rental link as effectively as lost luggage insurance, emergency card replacement and a travel accident insurance up to a maximum of $100000.

Cardholders also get a variety of Net a/c associated services and have straightforward access to the international help plus hotline that proffers several assistances even when the holders are more than 100miles away from their house. At the year-end, all the cardholders get a financial statement that carries all the minute details of the economic transactions.

The Reward Plan

Merely signing in the card, inducts a single into the reward program and the cardholder receives a warm welcome in the form of 5000 bonus membership rewards points (which can be redeemed correct away). Following this, 1 point accumulates for every single dollar spent using the card and these points are redeemable towards fifty large names in entertainment and shopping, or for rewards from 21 airlines, more than 50 cruise itineraries, hundreds of hotels worldwide, vacation packages and spa retreats.

This apart, the holder can transfer the points to eleven frequent flyer programmes at the rate of a single point equated to one particular frequent flyer mile or frequent guest credit. It is mention worthy that there is no limit to the quantity of points that can be earned and the points by no means expire on a Preferred Rewards Green Card from American Express.