Review of the American Express Rewards Green Card

The American Express Rewards Green Card was last reviewed on 14th January 2006

Summary - We recommend the American Express® Rewards Green Card to those who charge a lot to their cards, pay their bills fully every month and want to enjoy the rewards from perhaps the best credit card reward program. Find out more....

Memberhsip Rewards Options - The American Express Rewards Green Card is a charge card and not a credit card. That means you have to pay your bills fully every month. It's reward program is based on the the American Express Membership Rewards Options program. It is the no fee version of the American Express Membership Rewards program. This is perhaps the most comprehensive credit card reward program. You can exchange points into miles for 24 airline partners, 15 hotel partners and tons of other shopping and entertainment rewards.

Reward Formula - Cardholders will earn one point for every dollar spent on the card. You earn double points for purchases at stand-alone supermarkets, gas stations, drugstores, the U.S. Postal Service, and for wireless phone bill payments. Membership Rewards allows you to earn unlimited points which do not expire.

Fees - The annual fee is $65.00 and $30.00 for additional card fee. Since this is a charge card, there is no apr as you may to pay your bills fully each month.

Card Shopping Benefits - The American Express Rewards Green Card offers several shopping benefits.

Firstly, American Express has an online store called ShopAmex. You can shop there using your american express card and even use your Membership Reward points to pay for your purchase.

Secondly, you get what Amex calls a Buyer's Assurance program, which will double the length of the original manufacturers' warranty (up to one year). The coverage for this program is up to a purchase price of $10,000.

Thirdly, you can shop at MSNMusic and get a free song after purchases of ten songs.

Fourthly, there is a "return purchase" program which allows cardholders to return a purchase within 90 days. If the merchant refuses to accept the return, American Express will refund the full purchase price of up to $300. You are limited to $1,000 worth of return annually.

You also get a "purchase protection plan" that insures any purchase you have made against accidental damage or theft. Worldwide purchases are covered and you can claim up to $1,000 per occurance.

$100 credit from travel benefit - You can earn a $100 credit back to your statements when you pay for your qualified* vacation of $3,000 or more on your American Express� Card at a participating American Express Travel Services location.

Verdict - The American Express Rewards Green Card will apeal to those who pay off their bills monthly and want to enjoy the wide range of travel and shopping benefits available under the Membership Rewards Options program.

  • Great reward program
  • Many other shopping benefits

American Express Rewards Green Card
Reward Benefits
Point Accumulation 1 point per $1 spent on purchases
2 points per $1 spent on standalone supermarkets, gasoline stations, drug stores, The US Postal Service and wireless phone bill payments
Caps on Rewards Unlimited
Expiration Reward Points do not expire
Travel and Insurance Benefits
Travel Insurance
Car rental insurance
Golabl Assist Plus
Other Benefits
Return Protection Plan
Extended warranty
Fee free Amex travellers cheques
Online bill payment
Automatic bill payments
Cost/Fees/Interest rates
Annual Fees $65
Late Payment fee The greater of $30 or 2.9% of delinquent balance
Apply for the American Express Rewards Green Card

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