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Amex Green question.

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Blueprint83
Established Member

Amex Green question.

I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have any usage for more than a statement period??

Barclay SallieMae Rewards World MC $4.5K ***** CapitalOne QuickSilver One MC $4.5K ***** Citi Double Cash World MC $3.7K ***** Discover IT $2.5K ***** Chase Freedom $2.2K ***** Amex BCE $2.K ***** Chase Amazon Rewards $1K ***** Wells Fargo Platinum $1k ***** Macy's Store $2.5K ***** Walmart Store 2.3K ***** GameStop Power Up Rewards $1k ***** Amex Green Gone ***** Citi Diamond Preferred PC'ed
Message 1 of 12
11 REPLIES 11
myjourney
Super Contributor

Re: Amex Green question.


@Blueprint83 wrote:

I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have an usage for more than a statement period??


IMHO no 

If it doesn't benefit you then before the AF hits close it

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 12
Blueprint83
Established Member

Re: Amex Green question.

Ok thanks. Just seems like the points dont really add up to the other rewards cards. I luv using the Chase Amazon rewards and Discover it.

Barclay SallieMae Rewards World MC $4.5K ***** CapitalOne QuickSilver One MC $4.5K ***** Citi Double Cash World MC $3.7K ***** Discover IT $2.5K ***** Chase Freedom $2.2K ***** Amex BCE $2.K ***** Chase Amazon Rewards $1K ***** Wells Fargo Platinum $1k ***** Macy's Store $2.5K ***** Walmart Store 2.3K ***** GameStop Power Up Rewards $1k ***** Amex Green Gone ***** Citi Diamond Preferred PC'ed
Message 3 of 12
myjourney
Super Contributor

Re: Amex Green question.


@Blueprint83 wrote:

Ok thanks. Just seems like the points dont really add up to the other rewards cards. I luv using the Chase Amazon rewards and Discover it.


Yeah it's a heavy spend card or it's not worth the AF

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 4 of 12
Transmogrifying_Bee
Frequent Contributor

Re: Amex Green question.

You could always change to the Amex "Senior Green" version with a $35.00 AF (no Membership Reward points), or $75.00 AF, with MR points. 

 

This card was a fairly recent topic of Forum conversation, if you care to search for more information.

FICO Score 8: EQ 823 EX 817 TU 825 **** VantageScore 4.0: 825 **** VantageScore 3.0: EQ 823 EX 826 TU 825
TOTAL CL (6 cards): $141.0K **** INQUIRIES 2 yrs (1 yr): EQ 0(1) EX 0(0) TU 0(0) **** UTILIZ: 1 % **** GOAL: FICO Score 8: 840+
r>>
Amex BCE 30K || NASA FCU Rewards Visa 30K || Chase Sapphire Visa Signature 21.5K || PayPal Extras MC 20K
CITI Diamond Preferred MC 25.0K || Discover it 14.5K **** CLOSED 7 cards **** GARDENING since 9-26-2014
Message 5 of 12
Kenny
Moderator Emeritus

Re: Amex Green question.

A word to the wise, I would get a revolver before you close the charge card just in case you aren't approved then it's just a SP.

I still don't understand why one would keep this card even with only a 35 annual fee.

What is the value in this card to you, Transmorgifying_Bee? Just very curious to see the value in it. Smiley Happy -- As I'm thinking about closing mine, as well.

Message 6 of 12
Open123
Super Contributor

Re: Amex Green question.


@myjourney wrote:

@Blueprint83 wrote:

I really don't like this card or the $95 AF and i hardly use it. Is it a bad thing not to have an usage for more than a statement period??


IMHO no 

If it doesn't benefit you then before the AF hits close it


+1

 

With the Amex ED cards, unless one needs the NPSL, there is absolutely *NO* reason to pay for the Green Charge.

Message 7 of 12
Transmogrifying_Bee
Frequent Contributor

Re: Amex Green question.

@ KennyS2006 - - - I agree with your assessment of the Amex Green card.  I renewed (@$35.00) for the year, but almost NEVER use this card anymore.  I obtained the Amex BCE card last year and now have $24L CL on that card alone, and can probably get a CLI if I need it, which I don't for the foreseeable future!  Hence, I will probably NOT renew my Green card next year.  Hate to say goodbye to a card I've had for many years, but I am essentially wasting $35.00/year for basically sentiment's sake!  My Amex BCE keeps me in their "family," and I can always reapply again in the future for a Green or maybe Platinum card (travel?) IF there's some benefit for me to have a NPSL card.  With my decent CL on my Amex BCE card and some degree of NPSL latitude with my Chase Sapphire Visa Signature card, I should be well covered for any anticipated personal spending for the time being.

And as to having too many accounts, I have the same problem.  Even though I have only 9 CC's, I plan on eliminating at least 2 or 3 cards.  Definitely the Chase Amazon card (transfer my measly $1K CL to my Chase Sapphire card), and maybe closing one or both of my Capital One cards?  Gotta think that through a bit more . . . !

FICO Score 8: EQ 823 EX 817 TU 825 **** VantageScore 4.0: 825 **** VantageScore 3.0: EQ 823 EX 826 TU 825
TOTAL CL (6 cards): $141.0K **** INQUIRIES 2 yrs (1 yr): EQ 0(1) EX 0(0) TU 0(0) **** UTILIZ: 1 % **** GOAL: FICO Score 8: 840+
r>>
Amex BCE 30K || NASA FCU Rewards Visa 30K || Chase Sapphire Visa Signature 21.5K || PayPal Extras MC 20K
CITI Diamond Preferred MC 25.0K || Discover it 14.5K **** CLOSED 7 cards **** GARDENING since 9-26-2014
Message 8 of 12
Kenny
Moderator Emeritus

Re: Amex Green question.


@Transmogrifying_Bee wrote:

@ KennyS2006 - - - I agree with your assessment of the Amex Green card.  I renewed (@$35.00) for the year, but almost NEVER use this card anymore.  I obtained the Amex BCE card last year and now have $24L CL on that card alone, and can probably get a CLI if I need it, which I don't for the foreseeable future!  Hence, I will probably NOT renew my Green card next year.  Hate to say goodbye to a card I've had for many years, but I am essentially wasting $35.00/year for basically sentiment's sake!  My Amex BCE keeps me in their "family," and I can always reapply again in the future for a Green or maybe Platinum card (travel?) IF there's some benefit for me to have a NPSL card.  With my decent CL on my Amex BCE card and some degree of NPSL latitude with my Chase Sapphire Visa Signature card, I should be well covered for any anticipated personal spending for the time being.

And as to having too many accounts, I have the same problem.  Even though I have only 9 CC's, I plan on eliminating at least 2 or 3 cards.  Definitely the Chase Amazon card (transfer my measly $1K CL to my Chase Sapphire card), and maybe closing one or both of my Capital One cards?  Gotta think that through a bit more . . . !


I wondered what would be the reasons you might keep it. I thought well maybe it's just a good long trade line. Looks like I was right somewhat.

 

It's crazy.. I want to trim the fat, but I want to build muscle in the way of cards that have better value than the ones I have. Currently have a 2%-er card with the Arrival so that got rid of the 2% Fidelity that I was thinking about.. but I just can't get the Sallie Mae out of my head. lol Smiley Happy

Message 9 of 12
Blueprint83
Established Member

Re: Amex Green question.

Thanks for the valuable input guy's.

Barclay SallieMae Rewards World MC $4.5K ***** CapitalOne QuickSilver One MC $4.5K ***** Citi Double Cash World MC $3.7K ***** Discover IT $2.5K ***** Chase Freedom $2.2K ***** Amex BCE $2.K ***** Chase Amazon Rewards $1K ***** Wells Fargo Platinum $1k ***** Macy's Store $2.5K ***** Walmart Store 2.3K ***** GameStop Power Up Rewards $1k ***** Amex Green Gone ***** Citi Diamond Preferred PC'ed
Message 10 of 12
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