Reply
Established Member
garci349
Posts: 48
Registered: ‎11-27-2012

Amex green card benefits!!!!!

List best benefits from using amex green card. or your favorite :-)      $95 annual fee worth it?

Amex Green Card, U.S. Bank Platinum $2,000, U.S. Bank Line of Credit $1,500, BoFA Visa $500, C1 $500
Established Contributor
eviLution
Posts: 695
Registered: ‎06-11-2012

Re: Amex green card benefits!!!!!

The only benefit I see is it helps you get your foot in the door with Amex to qualify for their better cards and that leads to a lot of good benefits! ;P


Current Score: DCU EQ 714 - EX+ 746 - WM TU 746
Goal Score: 750+

DCU Platinum: 4000 - Discover IT: 9500 - Walmart: 5000 - AMEX BCP: 6000 - Chase Freedom: 5000
in the garden since 1/24/14 - #GARDENSTRONG
Established Member
garci349
Posts: 48
Registered: ‎11-27-2012

Re: Amex green card benefits!!!!!

haha. I hope I end up making good money to use those high cards! My parents have the platinum but they charge over 250+ alone on bull**bleep**. they want a black.

Amex Green Card, U.S. Bank Platinum $2,000, U.S. Bank Line of Credit $1,500, BoFA Visa $500, C1 $500
Senior Contributor
Ron1
Posts: 4,483
Registered: ‎05-23-2009

Re: Amex green card benefits!!!!!

Established Contributor
Cdnewmanpac
Posts: 759
Registered: ‎01-16-2012

Re: Amex green card benefits!!!!!

I would just point out that the thread Ron links to was from before the discontinuation of the zync. While zync existed, the green had little value. Now, however, it is the cheapest charge card available for personal use. It's main benefit is for people with high monthly spends, but low credit limits or people who used to have plat or prg, don't travel any more, but have a bunch of mr points they want to keep active.

In wallet: Ink Plus 10k, AMEX TE 25k. In bag: CSP 12k, USAA WMC 13k, Hyatt 13k, United MPE 12k, AMEX HHonors 3k. In SD: Cap 1 QS 5k, Discover IT 7k
Established Member
garci349
Posts: 48
Registered: ‎11-27-2012

Re: Amex green card benefits!!!!!

Im putting about 1k a month. Its my only card with rewards
Amex Green Card, U.S. Bank Platinum $2,000, U.S. Bank Line of Credit $1,500, BoFA Visa $500, C1 $500
Established Contributor
flowfaster
Posts: 785
Registered: ‎08-30-2011

Re: Amex green card benefits!!!!!


Cdnewmanpac wrote:

I would just point out that the thread Ron links to was from before the discontinuation of the zync. While zync existed, the green had little value. Now, however, it is the cheapest charge card available for personal use. It's main benefit is for people with high monthly spends, but low credit limits or people who used to have plat or prg, don't travel any more, but have a bunch of mr points they want to keep active.


AKA......No benefit at all! 

 

IMO the Green card is a straight rip off.  There are tons of no/low af cards that give better benefits/cashback/points. Hell, even the US Bank Cash+ is better.  5% back on airfair/hotels/restaurants/car rentals and Visa Sig benefits.  It's a no brainer IMO.  Even if you transfer the MR points to an airline at 2-3x value the Cash+ would still save you money.  Just my opinion.  Now the BCP is a different story....

 

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Established Contributor
flowfaster
Posts: 785
Registered: ‎08-30-2011

Re: Amex green card benefits!!!!!

Double post and off topic. sorry


garci349 wrote:
Im putting about 1k a month. Its my only card with rewards

Why don't you ask BoA to add 123 rewards to your card?  Or ask US BANK for a PC?  Boa was more than happy to PC my Visa card to whatever I wanted, Visa plat to 123 to travel rewards and to a Travel Rewards Sig.

 

Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012

Re: Amex green card benefits!!!!!

[ Edited ]

flowfaster wrote:


AKA......No benefit at all! 

 

IMO the Green card is a straight rip off.  There are tons of no/low af cards that give better benefits/cashback/points. Hell, even the US Bank Cash+ is better.  5% back on airfair/hotels/restaurants/car rentals and Visa Sig benefits.  It's a no brainer IMO.  Even if you transfer the MR points to an airline at 2-3x value the Cash+ would still save you money.  Just my opinion.  Now the BCP is a different story....

 


I agree, but it's always difficult to know whether a card is really worth it! 

 

One common thing is people "saving" with points etc, but are in fact buying things that that wouldn't otherwise buy, just to get the rewards (which is of course why the issuers and partners create these cards).   

 

For that reason I prefer straight cash back cards that don't encourage special behavior like "Since Chase Freedom has 5% at store X this quarter, I will go there and buy..." 

 

  So I like cards like the Fidelity Amex, which you can just use instead of cash (where they take it of course) without changing your behavior and get 2% off, and then special cases like BCP and PenFed Platinum Rewards, which have very generous (near)-cash back in the useful year-round categories of groceries and gas.

(But nothing like hypocrisy: I have bought arguably unnecessary gift cards at grocery stores with my BCP "because they are 6% off."!)

 

If your patterns are different, such as always eating out and not driving, but love travel, the Amex Green is a better choice (but as flowfaster says, probably not the best choice).

 

 

Valued Contributor
CreditScholar
Posts: 2,277
Registered: ‎01-22-2012

Re: Amex green card benefits!!!!!


garci349 wrote:

haha. I hope I end up making good money to use those high cards! My parents have the platinum but they charge over 250+ alone on bull**bleep**. they want a black.


Other than the prestige factor, airline status and CSRs, I didn't notice too many tangible differences benefits-wise from the platinum vs the centurion. The only thing that really stood out is how people received you upon showing them the card. In many cases it was more hassle than it was worth.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+