topic Re: Amex green card in Credit Cards

Amex green card

Anonymous — Tue, 17 May 2016 14:10:48 GMT

i applied for this a few days ago and just got an email saying I've been approved and card should be in mail. I logged onto my Amex account and added the new card to my existing account. After I added and checked it out it says "no pre set spending limit" does that mean I can charge whatever I want on it and just pay it full the following month. Also what's the benefit of the green card??

Re: Amex green card

Anonymous — Tue, 17 May 2016 14:19:42 GMT

Yes, this is a charge card. Means you have to pay your balance in full each month.

Benefits are 1/1 points on all purchases.

annual fee is 95.

Re: Amex green card

Anonymous — Tue, 17 May 2016 14:27:14 GMT

@Anonymous wrote:
Yes, this is a charge card. Means you have to pay your balance in full each month.

Benefits are 1/1 points on all purchases.
annual fee is 95.

Does that mean I can charge any amount on card as I want. Currently I have 30k limit between 2 other cards with amex

Re: Amex green card

Mattopotamus — Tue, 17 May 2016 14:29:02 GMT

Not related to your question, but I do not understand the green card and why they still offer it. The MRs are 1 point per dollar and it has an annual fee?! I just do not see the logic since they started offering revolvers with no AF and better rewards.

You can charge any amount, but a large amount may make you call in to confirm since you are just starting out. For example, if your income in $40,000 and you try to make a purchase for $5,000+ right away you may have to call. It varies.

Re: Amex green card

Anonymous — Tue, 17 May 2016 14:30:01 GMT

@Mattopotamus wrote:
Not related to your question, but I do not understand the green card and why they still offer it. The MRs are 1 point per dollar and it has an annual fee?! I just do not see the logic since they started offering revolvers with no AF and better rewards.

I got it just cause I see so many post about it. I don't even know what's the reward for it. I do know that the annual fee is waived for first year. After first year it's 95/year

Re: Amex green card

myjourney — Tue, 17 May 2016 14:46:54 GMT

No you can not charge whatever amount you want

Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid

You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)

We see far to much of this and with a $95 AF I don't get it

But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol

Re: Amex green card

Anonymous — Tue, 17 May 2016 14:57:26 GMT

@myjourney wrote:
No you can not charge whatever amount you want
Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid
You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)
We see far to much of this and with a $95 AF I don't get it
But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol

I don't even know the reward for my other 2 cards with Amex. I applied for other 2 cause I don't have Amex and they were doing the sign on bonus and it's 10% back using to pay phone bill so why not?? Also the green card is a charge card. I probably won't use it much. The 95 annual fee is waived for first year so if I don't like I can just cancel it before first year

Re: Amex green card

myjourney — Tue, 17 May 2016 15:02:40 GMT

@Anonymous wrote:
@myjourney wrote:
No you can not charge whatever amount you want
Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid
You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)
We see far to much of this and with a $95 AF I don't get it
But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol
I don't even know the reward for my other 2 cards with Amex. I applied for other 2 cause I don't have Amex and they were doing the sign on bonus and it's 10% back using to pay phone bill so why not?? Also the green card is a charge card. I probably won't use it much. The 95 annual fee is waived for first year so if I don't like I can just cancel it before first year

No bonus for green and if it was its usually 5k you would have been better off with PRG 50k offer with AF waived 1st year and a better reward system

Now if you wanted to test drive a card that would have been a better choice since after the $100 air credit it ='s $95 AF same as green but a better value

The bonus along is worth $500+

Just my 2 cents tho

Re: Amex green card

Anonymous — Tue, 17 May 2016 15:11:12 GMT

@myjourney wrote:
@Anonymous wrote:
@myjourney wrote:
No you can not charge whatever amount you want
Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid
You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)
We see far to much of this and with a $95 AF I don't get it
But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol
I don't even know the reward for my other 2 cards with Amex. I applied for other 2 cause I don't have Amex and they were doing the sign on bonus and it's 10% back using to pay phone bill so why not?? Also the green card is a charge card. I probably won't use it much. The 95 annual fee is waived for first year so if I don't like I can just cancel it before first year
No bonus for green and if it was its usually 5k you would have been better off with PRG 50k offer with AF waived 1st year and a better reward system
Now if you wanted to test drive a card that would have been a better choice since after the $100 air credit it ='s $95 AF same as green but a better value
The bonus along is worth $500+
Just my 2 cents tho

The PRG (premier reward gold?) is more of a flyer rewards right? I hardly ever fly or travel. I like cash back cards and most cards I carry is cash back. Now I just need to be able to get a discover. Discover doesn't like me and won't give me a card

Re: Amex green card

myjourney — Tue, 17 May 2016 15:25:46 GMT

@Anonymous wrote:
@myjourney wrote:
@Anonymous wrote:
@myjourney wrote:
No you can not charge whatever amount you want
Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid
You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)
We see far to much of this and with a $95 AF I don't get it
But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol
I don't even know the reward for my other 2 cards with Amex. I applied for other 2 cause I don't have Amex and they were doing the sign on bonus and it's 10% back using to pay phone bill so why not?? Also the green card is a charge card. I probably won't use it much. The 95 annual fee is waived for first year so if I don't like I can just cancel it before first year
No bonus for green and if it was its usually 5k you would have been better off with PRG 50k offer with AF waived 1st year and a better reward system
Now if you wanted to test drive a card that would have been a better choice since after the $100 air credit it ='s $95 AF same as green but a better value
The bonus along is worth $500+
Just my 2 cents tho

The PRG (premier reward gold?) is more of a flyer rewards right? I hardly ever fly or travel. I like cash back cards and most cards I carry is cash back. Now I just need to be able to get a discover. Discover doesn't like me and won't give me a card

Both are flyer/travel cards( green/PRG)

If you just wanted to cash in the PRG bonus its worth $500 cash back (50K)

Far more if transferred to FF program but

The green if you got the bonus which I doubt because it's rare for Amex to offer it is worth $50 cash back (5k)

Not coming down on your decision but this is why you do the research before applying ....a learning curve that's all

Discover will come around at some point but don't rack up HP's on useless cards in the mean time cuz that won't help when there's a card you do want

Maximize your profile and don't settle

Re: Amex green card

Anonymous — Tue, 17 May 2016 15:58:50 GMT

@myjourney wrote:
@Anonymous wrote:
@myjourney wrote:
@Anonymous wrote:
@myjourney wrote:
No you can not charge whatever amount you want
Amex system may allow you to charge 2k today and 1k tomorrow then the next day deny all charges until bill is paid
You have an internal limit that is constantly changing

Now here's the tough question: Why would you get a card that you know nothing about? (Rewards/how it works)
We see far to much of this and with a $95 AF I don't get it
But hey maybe its just me as to why anyone would ask how the card works after applying ...IDK Lol
I don't even know the reward for my other 2 cards with Amex. I applied for other 2 cause I don't have Amex and they were doing the sign on bonus and it's 10% back using to pay phone bill so why not?? Also the green card is a charge card. I probably won't use it much. The 95 annual fee is waived for first year so if I don't like I can just cancel it before first year
No bonus for green and if it was its usually 5k you would have been better off with PRG 50k offer with AF waived 1st year and a better reward system
Now if you wanted to test drive a card that would have been a better choice since after the $100 air credit it ='s $95 AF same as green but a better value
The bonus along is worth $500+
Just my 2 cents tho

The PRG (premier reward gold?) is more of a flyer rewards right? I hardly ever fly or travel. I like cash back cards and most cards I carry is cash back. Now I just need to be able to get a discover. Discover doesn't like me and won't give me a card
Both are flyer/travel cards( green/PRG)
If you just wanted to cash in the PRG bonus its worth $500 cash back (50K)
Far more if transferred to FF program but
The green if you got the bonus which I doubt because it's rare for Amex to offer it is worth $50 cash back (5k)

Not coming down on your decision but this is why you do the research before applying ....a learning curve that's all
Discover will come around at some point but don't rack up HP's on useless cards in the mean time cuz that won't help when there's a card you do want
Maximize your profile and don't settle

Yea thanks I probably do need to stop applying and wait till I get my discover... In the last week added 6 new cards and 7 weeks ago added 2 new Amex. Just applied for discover 2 weeks ago and got letter of denial for too many new account

Re: Amex green card

UncleB — Tue, 17 May 2016 16:56:20 GMT

@Anonymous wrote:
Yea thanks I probably do need to stop applying and wait till I get my discover... In the last week added 6 new cards and 7 weeks ago added 2 new Amex. Just applied for discover 2 weeks ago and got letter of denial for too many new accounts.

Don't feel bad... I also got the Green last April when I was still a 'newb' on here (before I knew better). I canceled it last month before the AF was due... no harm, no foul.

The good news is that like you state, it will give you the chance to see if MR points are workable for you; in my case they were of little value since I don't fly very often. You can use them for things other than airfare, but you'll get the biggest "bang for the buck" if you use them for plane tickets (generally speaking... there are always exceptions, of course).

I'll only mention that this time next year if you decide you like MR points and want to get the PRG, be sure to app for it - don't let them PC your Green. If you get the PRG via PC, you (usually) don't get the new account bonus. Most people are willing to take the slight AAoA 'ding' for the 50k MR point offer that you can usually find with a little effort.

Just my 2¢.

Re: Amex green card

Anonymous — Tue, 17 May 2016 17:24:13 GMT

I would never get it now, but the Green Card holds a special place in my heart. It was the first "big boy" card I got way back in the olden days.

Re: Amex green card

UncleB — Tue, 17 May 2016 17:39:19 GMT

@Anonymous wrote:
I would never get it now, but the Green Card holds a special place in my heart. It was the first "big boy" card I got way back in the olden days.

Same for me... I got mine just weeks before my first (and only) overseas trip to the U.K. back in 1995.

Back then having a Green card was actually considered a 'big deal', and I used that card until the numbers wore off.

Amex also took care of me while in the U.K. when my friend lost his wallet on our second day, and I had to foot the bill for the entire trip (he paid me back when we got home). I called Amex collect from a pay phone and explained the situation - remember, my account was new - and after a short time on hold the rep came back and told me to "enjoy my trip". I ended up charging around $3k - all overseas - and they never even flinched. (To put things in perspective, that was well over a month's salary for me at the time.)

I don't know if they would be that robust if I were to find myself in a similar situation today, but I still appreciate how they treated me back then. They made what could have been a very austere two and a half weeks into the great vacation it was originally planned to be.

Edited to clarify: this is about my first Green card in the '90s; my previous post referenced the Green card I got last April.

Re: Amex green card

exCYter — Tue, 17 May 2016 18:04:17 GMT

I got a green card offer with 30k points in mail the other day.

Re: Amex green card

becontent — Tue, 17 May 2016 20:21:02 GMT

There is a Green Card 25k MR point offer if you spend 1k in 3 months. If people are all out of options with Platinum, PRG, EDP, etc., this might be one way to go...