Best American Express Card of 2020
American Express is one of the largest banks and the provider of a large number of credit and charge cards. Their main focus on high-end products to appeal to affluent cardmembers. But now all these has been charged. Now, American Express offers credit cards to every type of person. In this article, we will explain to you the best American Express Cards currently available.
You will get both credit cards and charge cards at American Express. Here in this article, you will check the real difference between the charge and credit cards. You have to pay off the full charge card bill at the end of the month.
Best Credit Cards Offered by American Express
Best American Express Card for Cashback: Blue Cash Preferred
American Express Blue Cash Preferred is a great cashback card for cashback. You will get 6% cashback on groceries is unbeatable. You will get up to 3% cash back on gas and other departmental stores. The average earning should be high if you purchase a lot of grocery stores using the American Express Blue Cash Preferred Card. This Credit Card will be the best cashback card which comes with the 0% intro APR.
You will get a solid cash bonus of 300 on the spending of $1,000. This is the current bonus. Sometimes bonus goes down to $200. Bure purchasing the Blue Cash preference card, you should check the current offers. This bonus can help you to outweigh the annual fees of $95 per year.
- On spending $1,000 within the first 3 months, you will get a flat cashback of $250.
- On spending up to $6,000 per year at the U.S. supermarket, you can earn 6% cashback.
- On the streaming subscriptions you will get up to 6% cashback.
- On transit, like tolls, trains, buses, parking, etc. you can earn 3% cashback.
- At the U.S. gas stations, you will get 3% cashback.
- On every other purchase, you will get a flat 1% of cashback. You should know that the cashback will came in the form of Reward Dollars, which is redeemable for the statement credit.
Rates and Fees:
These are the rates and fees of the Blue Cash Preferred Card:
APR for Purchase: For the first 12 months of account opening, the introductory fees will be 0%. After the end of the service period, you have to pay the introductory APR from 12.99% to 23.99%. The purchase APR will be depending on your creditworthiness and other factors. The Intro APR can vary on the market based prime rate.
APR for Balance Transfers: For the first 12 months of account opening, balance transfer the introductory APR will be 0%. After that, the APR for the balance transfer will be 12.99% to 23.99%. It can vary on the market based prime rates.
APR for Cash Advances: For the cash advance, you have to pay 25.24% APR.
Annual Membership Fee: The annual fees for the Blue Cash Preferred Credit Card will be $95.
Balance Transaction Fees: For the balance transfer, you have to pay $5 or 3% of the amount you make transaction off.
Cash Advance Fees: For each cash advance you need to pay of $10 or 5% of the amount you take advance.
Foreign Transaction: You need to pay 2.7% of the amount, after the conversion of the U.S. dollars.
Late Payment Fees: For the late payment, you have to pay up to $40.
Returned Payment: Return payment fees are up to $40.
Over limit: There are no over-limit fees for this card.
Best American Express Card for Travel: Platinum
The American Express Platinum is a high-end charge card but comes with a large number of perks. If you are looking for the travel expenses, then this card will be the best choice. But there is a downside to this card. You have to pay a $500 annual fee for this card. If you make use of the $200 per year in Uber and $200 per year on airline fees, then your annual fees will be like $150. Because of its higher annual fees, we only recommended this card to frequent travelers.
- If you make the purchase of $5,000 within the first 3 months, you will get to earn 60,000 membership rewards points.
- On prepaid hotel booked on amextravel.com, you will get 5X Membership Rewards.
- You will get lounges within the 1,200 airports throughout the 130 countries.
Rates and Fees:
APR for Cash Advance: For the cash advance, you have to pay 25.24% of the amount. It can vary on the market based prime rates.
Paying Interest: Your due date is 25 days after each billing cycle.
Annual Membership Fee: The annual fee for this card is $550.
Foreign Transaction Fee: There is no foreign transaction fee for this card.
Late Payment Fees: You will be charged up to $40 as late payment fees.
Return Payment: You have to pay up to $40.
Best No Annual Fee American Express Card: Everyday
American Express Everyday Credit Card is the best credit card with no annual fee. It could be a perfect card for everyday use. You will get to earn 1 membership reward points on the spending of $1. After you use your credit card 20+ times in a billing cycle, you will get a 20% points bonus. You will get 10,000 MR points as a signup bonus, which is worth $100.
- Within the first 3 months on spending of $1,000, you will get to 10,000 membership rewards.
- Use your card more than 20 times on purchases within the billing period, you will get a 20% extra points.
- After spending of the $6,000 per year, you will get o earn 2X points.
Rates and Fees:
APR for Purchases: For the first 15 months of your account opening, your intro APR will be 0%. After that, you have to pay 12.99% to 23.99%. It will vary on the market based prime rate.
APR for Balance Transfers: The balance transfer intro APR is 0% for the first 15 months. After the service period, you have to pay from 12.99% to 23.99%.
APR for Cash Advances: The cash advance APR will be 25.24%. But also, it can vary on the market based prime rates.
Annual Membership Fee: You don’t need to pay an annual fee for this card.
Balance Transaction Fee: They do not charge any balance transfer fee for this card.
Foreign Transaction: You will be charged 2.7% of each transaction after the conversion to US dollars.
Late Payment Fees: For the late payment fee you will be charged up to $40.
Over limit: There is no over the limit for this card.
Best American Express Airline Card: Delta SkyMiles Platinum
American Express Delta SkyMiles Platinum card could be a perfect choice for those who like to fly with Delta Airlines. In this card, you will get up ongoing perks, like priority boarding and free checked baggage. You will get free Delta miles with this card
- After you spend $2,000 in purchase within the first 3 months, you can earn 5,000 medallion qualification miles and 70,000 bonus miles.
- At U.S. supermarkets and restaurants, you can earn 2X miles.
- You will get check your first bag free on the Delta flights booked with your card.
Rates and Fees:
APR for Purchases: The purchase APR for this card is between 15.74% to 24.74%.
APR for Cash Advance: The cash advance APR for this card is 25.24%.
Annual Fee: The annual fee for this card is $250.
Balance Transfer Fee: For the balance transfer, you will be charged either $5 or 3% of each transfer.
Cash Advance Fee: You have to pay the fees of either $10 to 5% of the amount of cash advance.
Late Payment Fee: You will be charged up to $40.
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American Express Customer Info
Customer Service: 1-800-528-4800 (24/7)
TTY/TDD: 1-800-221-9950 (24/7)
P.O. Box 981535
El Paso, TX 79998-1535