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American Express® Green Card Review: Your Daily Luxury Companion

It's time to put an American Express® Green Card in your wallet. But first, get to know the upsides and some downsides it might have. Our review covers every detail.

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American Express® Green Card: Get Used to Reaping the Benefits!

american express green card
Get your AMEX Green card and enjoy many benefits. Source: The Money Best.

Whenever you’re in the market for a card, rewards are always eye-catching. And the American Express® Green Card can indeed become the star of your wallet. Why?

How about starting with 10,000 Membership Rewards® points? Add to that the fact that there’s no annual fee for both the primary and additional cards. And he won some awards!

What’s great about this credit card 😍… but this could be better 👎
10,000 Welcome Bonus pointsHigh Interest Rate
No Annual FeeEligibility Requirements Can Be Tough
Flexibility in Redeeming PointsLittle diversification of rewards

To sweeten your research experience, our team of experts has prepared a special review on the AMEX Green Card. And here, you’ll find the details that are worth their weight in gold.

After this, it’ll be easy to decide whether you’ll actually make room for it alongside your other cards. In fact, it might even become your favorite. The others will get jealous.

Know the card’s features: Nice to meet you American Express® Green Card!

american express green card
Swipe your American Express® Green Card and enjoy good moments. Source: Canva Pro.

The key feature of the American Express® Green Card is its rewards program, specifically the Membership Rewards® program. Right off the bat, you start earning 10,000 points!

To achieve this, you need to spend $1,000 on purchases with your American Express® Green Card within the first three months. In cash, that’s about $100 in purchases.

A secondary highlight is the travel benefits. Although it’s not the primary focus, the card still offers benefits that can be particularly attractive to travelers.

Among these, we spotlight extra points on hotel reservations and car rentals made through American Express Travel, as well as the ability to transfer points to flyer programs.

In this way, you’ll see a method to reward your everyday spending. This, combined with the features we’ve highlighted in the table below, makes it an appealing option.

Credit score range to get this card700 or higher.
What’s the card’s APR?20.99% for purchases.
Does it charge an annual fee?No annual fee for this card.
And what about rewards?Membership Rewards points.
Is there any bonus for new cardholders?10,000 points when you spend $1,000 in the first three months.

American Express® Green Card pros VS cons: Unlock the benefits, avoid the traps

american express green card
From groceries and dining to travel, there are many perks! Source: Canva Pro.

Avoid rushing into a decision. Take a deep breath and check out our comparison of the pros and cons of the AMEX Green Card. Then, you can make your decision easily.

The best side of it:

  • 🟢 Welcome Bonus: Kickstart your rewards journey with 10,000 Membership Rewards® points after a qualifying spend in the first three months. It’s like a warm welcome into the rewards family!
  • 🟢 No Annual Fee: Keep that wallet a bit heavier with no yearly fee, blending savings with value.
  • 🟢 Rewards on Every Purchase: Every dollar spent earns you points, making everyday purchases a bit more rewarding.
  • 🟢 Flexible Redemption: From travel to shopping, your points adapt to what matters to you, offering the ultimate in redemption flexibility.
  • 🟢 Travel Perks: Enjoy extra points on travel bookings and the ability to transfer points to various loyalty programs, making adventures more accessible.
  • 🟢 Eco-Friendly: Sporting a card made from 99% recycled plastic, it’s a choice that feels as good as it looks.
  • 🟢 Exclusive Experiences: Access special events and experiences, adding a sprinkle of luxury to the ordinary.

But keep an eye on these details:

  • 🔴 Interest Rates: With rates of 20.99% on purchases and 21.99% on cash advances, carrying a balance can become costly​​.
  • 🔴 Reward Earn Rates: While the card offers 1x-2x points on purchases, its reward earn rates may be lower than those of other no-fee credit cards, which could impact the speed at which you accumulate points​​.
  • 🔴 Limited Travel Perks: Although the card provides some travel benefits, it doesn’t offer as comprehensive travel perks or insurance options as some other cards, which might be a drawback for frequent travelers​​.
  • 🔴 Insurance Coverage: The card’s insurance coverage is somewhat limited, lacking protection for travel, mobile devices, and rental cars, which are features often sought after by cardholders​​.

Requirements to apply for the American Express® Green Card: credit score and more

To qualify for the American Express® Green Card in Canada, applicants need to meet specific criteria.

  • You must be a Canadian resident.
  • Have reached the age of majority in your province or territory.
  • While the exact credit score requirement isn’t explicitly stated, it’s generally advisable to have a good credit score to increase your chances of approval.

Remember, each application is assessed on individual circumstances, including your credit history and other financial information, and this also applies to the AMEX Green Card.

Say “yes” to the card: How to apply for the American Express® Green Card 

american express green card
Learn how to apply for your American Express® Green Card. Source: Canva Pro.

Looking to get your hands on the American Express® Green Card in Canada? Good news! The journey to potentially adding this card to your wallet begins at the American Express website.

The process is as easy as pie – just complete the application online. It’s quick and efficient, and you won’t even have to leave your cozy spot at home.

Who knew that a few clicks could potentially unlock a world of rewards?

card

Credit Card

AMEX® Green Card

Rewards No annual fee

The best perks and rewards with the best credit card!

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Not ready to say yes? Give it a chance to the Simplii Financial™ Cash Back Visa Card

If you’re torn between the world of rewards and the simplicity of cash back, let me introduce you to the Simplii Financial™ Cash Back Visa Card.

It’s like the fun-loving cousin of the American Express® Green Card, leaning into cash back on daily spending rather than travel and flexible perks.

Wondering which card throws a better party for your wallet? Saunter over to The Money Best blog for a full review of the Simplii Financial™ Cash Back Visa Card. It’s the perfect spot for a deep dive without the deep confusion!

simplii financial credit card

Simplii Financial™ Cash Back Visa Card review!

Here's something worthwhile: The Simplii Financial™ Cash Back Visa Card. Unlike anything you've seen labeled as "cashback" before!

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