HomeFinanceWhich American Express Card Is Right for You?

Which American Express Card Is Right for You?

American Express affords a smorgasbord of bank cards designed to attraction to a variety of private preferences: If you favor money again on grocery purchases, for occasion, there’s an AmEx card for you. If your tastes veer extra towards luxurious journey, the issuer has a card for you, too.

American Express cardholders get pleasure from excessive rewards and a versatile factors system (on the playing cards that take part in it), in addition to perks like a ShopRunner subscription for on-line buying (enrollment required). The most important draw back is that American Express is much less universally accepted than different networks akin to Visa and Mastercard.

Finding the appropriate AmEx card for you begins with some primary questions:

Do you could have good credit score?

If the reply is not any, then your American Express choices are restricted. AmEx playing cards supply excessive rewards and customarily require at the very least good credit score. If you at the moment have poor or common credit score, then you might need to contemplate taking a look at a distinct issuer that affords choices for a extra numerous vary of credit score scores.

Do you favor money again or factors you’ll be able to apply towards journey?

American Express playing cards fall into two most important classes:

Narrowing down which kind of rewards you have an interest in will help you discover the appropriate one.

Are you prepared to pay an annual payment?

While some American Express playing cards, such because the Blue Cash Everyday® Card from American Express, include no annual payment, lots of the larger reward AmEx playing cards cost an annual payment, and typically a excessive one: The The Platinum Card® from American Express, for instance, expenses an annual payment of $695.

Where do you spend essentially the most cash?

Different AmEx playing cards supply bonus classes on various kinds of spending: Some extra closely reward grocery spending whereas others prioritize journey or restaurant spending. The proper card for you’ll match up with the place you are inclined to spend extra of your cash.

Finding the appropriate American Express card for you

Our decide for money again

American Express Blue Cash Preferred Credit Card
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  • 6% money again at U.S. supermarkets on as much as $6,000 in spending per 12 months.

  • 6% again on choose U.S. streaming subscriptions.

  • 3% again on transit, together with U.S. gasoline stations.

  • 1% again on every thing else.

Welcome supply: Earn as much as $350 in assertion credit: Earn 20% again on Amazon.com purchases on the Card inside the first 6 months of Card Membership, as much as $200 again. Plus, earn $150 again after you spend $3,000 in purchases on the Card inside the first 6 months of Card Membership. You will obtain money again within the type of assertion credit. Terms Apply.

Annual payment: $0 intro for the primary 12 months, then $95. Terms apply.

Why we prefer it: The Blue Cash Preferred® Card from American Express affords a hard-to-beat 6% again on U.S. supermarkets on as much as $6,000 in spending per 12 months along with its different rewards, and for households that spend lots on meals, that’s useful. The money again is versatile and the cardboard additionally comes with a bonus supply. All of these advantages add as much as make the Blue Cash Preferred® Card from American Express a massively interesting choice. Terms apply.

Drawbacks: The card does include an annual payment after the primary 12 months, which is a turn-off for some cardholders. The cap on rewards earned at U.S. grocery store can also be limiting for those that spend greater than that.

Our decide for simplicity

American Express Blue Cash Everyday Credit Card
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  • 3% again at U.S. supermarkets on as much as $6,000 spent per 12 months (then 1%).

  • 2% again at U.S. gasoline stations and choose U.S. shops.

  • 1% again on all different purchases.

Welcome supply: Earn as much as $250 in assertion credit: Earn 20% again on Amazon.com purchases on the Card within the first 6 months of Card membership, as much as $150 again. Plus, earn $100 again after you spend $2,000 in purchases in your new Card inside the first 6 months of card membership. You will obtain money again within the type of assertion credit. Terms Apply.

Annual payment: $0 intro for the primary 12 months, then $95. Terms apply.

Why we prefer it: Like the Blue Cash Preferred® Card from American Express, the Blue Cash Everyday® Card from American Express rewards grocery spending. Its rewards charge is decrease, however it additionally doesn’t cost an annual payment. With U.S. gasoline stations and choose U.S. shops additionally incomes bonus rewards, it’s a card that provides loads of flexibility for households who respect the benefit of incomes (and spending) money again. Terms apply.

Drawbacks: The rewards charges are decrease than different playing cards (however it additionally lacks an annual payment).

Our decide for foodies

American Express Premier Rewards Gold Credit Card
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  • 4 Membership Rewards factors per greenback spent at eating places, together with these made by way of third-party processors like Square and Toast.

  • 4 factors per greenback spent at U.S. supermarkets on as much as $25,000 in purchases per 12 months.

  • 3 factors per greenback spent for flights booked instantly with airways or with American Express Travel.

  • 1 level per greenback spent on different eligible purchases.

Welcome supply: Earn 60,000 Membership Rewards® factors after you spend $4,000 on eligible purchases together with your new Card inside the first 6 months. Terms Apply.

Annual payment: $250. Terms apply.

Why we prefer it: The excessive rewards charge for spending on eating places in addition to grocery shops signifies that you earn factors at a quick clip whether or not you’re having fun with wonderful eating or cooking at residence. Membership Rewards factors are price about 0.5 cents to 1 cent every relying on the way you redeem them, with journey and reward card redemptions typically providing the very best worth. The card additionally affords annual credit, together with as much as a $120 annual eating credit score, which helps offset the annual payment (Terms Apply). Enrollment is required and the $120 comes from $10 month-to-month credit. Terms apply.

Drawbacks: The comparatively excessive annual payment could scare some potential cardholders away, but when your spending aligns with the bonus classes, then you’ll be able to greater than earn again the worth of that payment.

Our decide for journey

  • Earn 3 Membership Rewards factors per $1 spent on journey, together with airfare, motels, cruises, automobile leases, campgrounds, trains, taxis, ridesharing, excursions, ferries, tolls, parking, buses, subways, third-party journey websites and amextravel.com.

  • Earn 3 factors per $1 spent at eating places worldwide.

  • Earn 1 level per $1 in all places else.

Welcome supply: Earn 30,000 Membership Rewards® factors after you spend $2,000 on purchases in your new Card in your first 3 months. Terms apply.

Annual payment: $150. Terms apply.

Why we prefer it: The journey rewards on this card are all-encompassing, overlaying a various array of transportation, together with subway fare and cruises, in addition to the extra conventional airfare and resort bills. Regardless of the way you wish to journey, this card will reward you for doing so. Plus, if you’re consuming at eating places, whether or not domestically or on the street, you decide up bonus factors. Terms apply.

Our decide for luxurious perks

American Express Platinum Credit Card
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  • 5 Membership Rewards factors per greenback spent on flights booked instantly with airways or with American Express Travel.

  • 5 factors per greenback on pay as you go motels booked with American Express Travel.

  • 2 factors per greenback on different eligible journey bills booked with American Express Travel.

  • 1 level per greenback on all different purchases.

  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. Terms Apply.

  • For a restricted time: 10 Membership Rewards factors per greenback spent on eligible purchases at eating places worldwide and U.S. small companies, on as much as $25,000 in mixed purchases, in your first 6 months. You can discover eligible small companies by looking American Express’ Shop Small Map for retail places and on-line retailers. Terms apply.

Annual payment: $695. Terms apply.

Why we prefer it: If you spend lots on journey and need premium perks — and are prepared to pay for them within the type of an enormous annual payment — then the The Platinum Card® from American Express could possibly be for you. You earn massive rewards and in addition get pleasure from luxurious perks akin to assertion credit, airport lounge entry and resort upgrades. Terms apply.

Drawbacks: That massive annual payment isn’t for everybody.

All details about the American Express® Green Card has been collected independently by NerdWallet. The American Express® Green Card is not accessible by way of NerdWallet.

To view charges and costs of the American Express® Gold Card, see this web page.

To view charges and costs of The Platinum Card® from American Express, see this web page.

To view charges and costs of the Blue Cash Preferred® Card from American Express, see this web page.

To view charges and costs of the Blue Cash Everyday® Card from American Express, see this web page.

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