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Ok, so in my reading I've seen you guys say things like "core revolvers", "charge cards", co-branded etc. Treat me like a kindergartner and teach me your knowledge. Which Amex cards are which??
Charge cards: https://www.investopedia.com/terms/c/chargecard.asp
Revolvers:
https://www.investopedia.com/terms/c/creditcard.asp
Amex Charge cards: Green, Gold, Platinum
Revolvers:
Core: anything that is not co-branded
Co-branded: Hilton/Delta/Marriott cards, hence the term co-brand.
Hey @Anonymous , Can you explain ..Bluebird, Optima, Zync and Centurion? ...JK
Ok let me clarify, lol I do know what the terms mean. However just trying to make sure my understanding is correct specifically with Amex. BCP, BCE, cash magnet are the core revolvers? The charge cards are the green, gold etc? Co-branded well yes, they do speak for themselves. Thanks for the response.
@Svthhvn wrote:Ok let me clarify, lol I do know what the terms mean. However just trying to make sure my understanding is correct specifically with Amex. BCP, BCE, cash magnet are the core revolvers? The charge cards are the green, gold etc? Co-branded well yes, they do speak for themselves. Thanks for the response.
That is correct. The various flavors of Green, Gold, Platinum, and Centurion are charge cards. "Core revolvers" is often used for cards that are only Amex-branded cards (Blue, ED, EDP, BCE, BCP, CM, and this list will get long if I start listing business cards) and "co-branded" are of course Delta, Marriott, Hilton, etc. (a bit light on the etc. at this point since cards like the Mercedes-Benz credit card went away).
To make matters more confusing, there are co-branded charge cards like Platinum cards for various wealth management accounts.
@Svthhvn wrote:Ok, so in my reading I've seen you guys say things like "core revolvers", "charge cards", co-branded etc. Treat me like a kindergartner and teach me your knowledge. Which Amex cards are which??
If card says Amex , its an Amex, if it says Visa, its not an Amex.
@AverageJoesCredit wrote:
If card says Amex , its an Amex, if it says Visa, its not an Amex.
That is Cute. Yes. if it has stripes then it is a Zebra. If it has a large Trunk then it is Elepehent.
@AverageJoesCredit wrote:
@Svthhvn wrote:Ok, so in my reading I've seen you guys say things like "core revolvers", "charge cards", co-branded etc. Treat me like a kindergartner and teach me your knowledge. Which Amex cards are which??
If card says Amex , its an Amex, if it says Visa, its not an Amex.
Not really, since Amex is also a payment network. NFCU More Rewards, Macy's, etc. may have Amex in the name and logo on the card, but since they're not issued by Centurion bank, they're not Amex backed cards. They're just cards that use the Amex network.
@M_Smart007 wrote:Hey @Anonymous , Can you explain ..Bluebird, Optima, Zync and Centurion? ...JK
Must admit for a tenth of a second...
@Anonymous I literally lol'd.