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Q: Is the American Express Green Card a good credit card to have?

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Added May 20, 2010 from: Amber Stubbs
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Answered By Amber Stubbs:  That is a bit of a trick question since the American Express Green Card is not a credit card. It is actually a charge card which means that the balance is due in full each month. A charge card can be a good thing since it keeps you from accumulating too much debt and paying interest charges. On the other hand, they do come with an annual fee.  The Amex Green Card has a $0 introductory annual fee for the first year, then after the first year a $95 annual fee.

All of the American Express charge cards are geared towards frequent travelers. If you travel enough—and book your travel through American Express—you could conceivably earn enough rewards to make the annual fee worth it. 

In short, I think the American Express Green Card is best suited for consumers that:

1.        Don't need to revolve a balance

2.       Travel Frequently and don't mind using American Express to book travel in order to get bonus reward points

3.       Value entertainment access

If you do not travel often—but you like the American Express brand—you can compare American Express credit cards online at CardRatings.com. Amex offers a variety of reward credit cards in addition to their charge card products.

Disclaimer: The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we can not guarantee the accuracy of the information in this article. Please verify all terms and conditions of any credit card prior to applying. Check our credit card database for updated terms and conditions.

This content is not provided or commissioned by American Express.  Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express.  This site may be compensated through American Express Affiliate Program.

Disclaimer: This content is not provided or commissioned by Chase.  Opinions expressed here are author’s alone, not those of Chase, and have not been reviewed, approved or otherwise endorsed by Chase.  This site may be compensated through the Chase Affiliate Program.

Discover is a paid advertiser of this site.
Disclaimer: Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.

This question is about:  American Express Credit Cards
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