Q: I recently received a pre-approved offer for an American Express Gold Card. What are your thoughts about this card?
American Express is known for its robust rewards program. Check if the offer you are considering comes with an annual membership fee. You'll have to decide if the benefits you receive from the card outweigh the annual membership fee. Something else to consider if you plan to use the card overseas, is if the card carries a foreign transaction fee.
Just to be clear, should you decide on an American Express card they offer both charge cards and credit cards. A charge card means that the balance is due in full when you receive your monthly bill. So don't even consider a charge card if there's a chance you'll need to carry a balance.
- Are there any credit cards that cover emergency medical bills overseas?
- I've been asked many times to upgrade my American Express card to platinum. I am especially interested in their companion ticket perk.
- About two years ago, I went through Chapter 7 bankruptcy. Will I be eligible for an American Express again?