American Express

[Asiann]

The Blue from Amex should create a history with a credit limit. If you really want to know call one the credit bureaus.

[nightkhan]

Originally Posted by younghov85

So the blue Amex card is not a credit card, but instead a charge card??

no...the american express blue card is a credit card. it has a limit like any other credit card.

the green, gold, platinum and black cards are charge cards where there is no pre-set spending limit and you have to pay it off each month in full.

[findtom]

I hate amex, I just cancelled both my cards from them.

[so gti]

i am debating if i should go platinum or stay with gold...i got pre-approved by platinum but the annual fee was 450 bux or something. not sure if its worth it.

[MrSilver]

Originally Posted by so gti

i am debating if i should go platinum or stay with gold...i got pre-approved by platinum but the annual fee was 450 bux or something. not sure if its worth it.

If you travel alot the AMEX Platinum is worth it.

Free companion business class ticket wehn you fly to Europe, and you get tons of upgrades to rooms etc.

[nightkhan]

Originally Posted by so gti

i am debating if i should go platinum or stay with gold...i got pre-approved by platinum but the annual fee was 450 bux or something. not sure if its worth it.

same here. i've been getting a lot notices about how i have been approved to upgrade to platinum, but that $395 annual fee is slowing me down. I know of all the perks associated with it, but just wondering whether if I really need it right now. i had just decided this morning to stick with gold, when i pop on my e-mail, and lo and behold, another email from amex inviting me to apply for the platinum.

i could use that $395 instead and get some more mods for the car!

[CALIF65GM]

Originally Posted by so gti

i am debating if i should go platinum or stay with gold...i got pre-approved by platinum but the annual fee was 450 bux or something. not sure if its worth it.

LOL I get a notice to upgrade like every year. They must be having a Platinum card upgrade promotion for the holidays as I got a notice last week too. I remember it used to be $200 or $250 and I thought it wasn't worth it then either.

[CALIF65GM]

Originally Posted by Nikki

my american express has a limit?

LOL check your statement Nikki and which card do you have?

[Nikki]

Originally Posted by CALIF65GM

LOL check your statement Nikki and which card do you have?

i don't remember what it is but it has a limit. it's an amex blue for students.

[so gti]

Originally Posted by Nikki

i don't remember what it is but it has a limit. it's an amex blue for students.

amex blue has a limit.



and if membership fee is only 250 bux, i'd do platinum for sure!

[CALIF65GM]

Originally Posted by so gti

and if membership fee is only 250 bux, i'd do platinum for sure!

I think this might have been like 10-yrs ago. I don't remember exactly.

[so gti]

Originally Posted by nightkhan

I've also used their special events services to get tickets in the past.
My brother and my dad have the Centurion (Black) AMEX, and they say the perks for that are amazing in terms of traveling services (upgraded rooms, special concierge/services and checkin at hotels for Centurion cardholders), although they're paying I think $2000 a year for the card. That's the older grandfathered in cost. I think the newer cost/year is $4000 now.

my dad has centurion too. He loves it. I and my sister are eligible to get platinum as spouce but for some reason, my dad gave it to my sis but not to me. I guess he knows my expenditure habit pretty well. So i am stuck with my own card which I think is enough. I hardly use their service to be honest..lol but the reward program is pretty nice.

[younghov85]

Originally Posted by Nikki

i don't remember what it is but it has a limit. it's an amex blue for students.

Do you have a yearly fee for that student card? If so "around" how much is it? (Not trying to get too personal)

[Nikki]

Originally Posted by younghov85

Do you have a yearly fee for that student card? If so "around" how much is it? (Not trying to get too personal)

no, it's free. and i was approved with barely any credit. i think they basically approve you as long as you're in college and don't have bad credit.

[icewatersoda]

Originally Posted by TommyBahama

you cant use AMEX at as many places as visa or mastercard, im not sure if its still this way but they charge higher annual fees and they perks they offer arent as great as they make them out to be.

this was back in the 80's... I use my blue and delta card most stuff i charge. I can only recall not able to use my amex at a gas station.. cant remember which one.

[so gti]

for some reason, there are a lot of places that i cant amex around my place.... usually the most of gas station is ok.

[KaBoom]

which ever card you get, stay with a card at least 6 years and use it every month. I found this out when I bought my house at age 22. Credit can only built up with time. And ofcourse pay everything in time whether you chose to pay full amount or not. One late can make a good dent into your credit. Also, make sure to contact your Federal Loan to pay them back when you get out of school if you borrowed any money through Federal Financial Aid.

[CnoteMD]

If you want to get an American Express card, I would recommend starting out with a credit card (like Blue). American Express puts a lot of weight on your personal history with them. As you build a history, it becomes increasingly easy to achieve very high credit lines and pre-approvals for other cards, etc.

In the future if you will actually take advantage of the benefits, then you can easily add a charge card (green, gold, platinum, though centurion has a strict spending requirement).

[younghov85]

Its like Deja Vu. I just brought this up about the Amex blue card and when I got home from school last night, Amex sent me the pre-approval in the mail for the blue card. I will let everyone know if I do decide to get it. Thanks for the helpful knowledge.

[shragon]

yea, there are still some places that don't accept amex (though it used to be worse back in the day). that's why i still carry my visa as a backup.

[soma4u]

if i use my amex card to pay for my car will i get the points???????

[Annette]

We've got Centurion cards (me & my husband), we do quite a bit of travelling and take advantage of both the travel perks and the concierge service, best thing since sliced bread IMO. It is a bit steep fee wise, and the requirements are a little steep, but most definitely worth it.