@UncleB wrote:
@Anonymous wrote:
Save the $95 dollar and go buy a nice frame and hang it on the wall. You find that cards is useless either way.For the right person and the right circumstances it does have a purpose, it's just more of a niche product at this point. I'm the first to admit that while it may not be a good fit for me, there are some folks it's perfect for.
Just to provide an answer for "why does AMEX still have the green card" it's for all the (ALL The) corporate AMEX cards out there, which are green AMEX for the vast majority of those spend cards. Having the consumer version of the green card is an easy extension of the marketing, of the cache that goes along with AMEX history.
So we as consumers may see other cards as rewarding, but corporations see AMEX green cards as low cost and controllable resources to let their people get things done.
@Anonymous wrote:
UNCLEB, what kind of people are you referring tolol
Well, of the top of my head there are those folks who travel for work and get reimbursements, and would rather not impact their utilization with temporary charges. Many folks, especially non-management and contractors, don't get Corporate cards and have to use employer advances or their own funds.
Then there are the folks who psychologically need to know that the bill must be paid in full each month as a way of keeping their budget intact. For them there would always be a temptation to carry the balance forward if they use a traditional credit card.
Back when I was in college (yeah, a while back) several of the people that lived around me had an Amex card off their parent's account in case something came up that was beyond the means of their own cards. Referring back to reason #2, each person I knew with Dad's Amex in his/her wallet was very aware that if they were to use it the bill would be due almost immediately, so it was genuinely for emergencies.
Some people, like myself, don't travel by air at all, but still want the flexibility that having a true charge card offers. Perhaps those folks have smaller revolving limits, or simply want to separate a class of purchases to help with budgeting. Without using MR points for travel, the value of a PRG is severely limited, and the lower AF of a Green card might be attractive.
Those are some examples... other folks (like jfriend33) just like the card for nostalgic reasons, and that's as valid as any other.
Again, none of these reasons apply to me personally, but just because they don't doesn't mean they aren't valid, like just because I don't care for seafood doesn't mean that nobody else should eat it, either! 