Is American Express worth it?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
bravo4
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Postby bravo4 » Tue Jan 25, 2011 8:47 pm

I think their customer service alone is worth it. When I have had trouble on any one of my Visa/MC cards, disputing the charge is like pulling teeth. With Amex, they are awesome about it and I have never, ever, in over 10 years, had any trouble with them.


Myaz31
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Amex benefits

Postby Myaz31 » Tue Dec 13, 2011 10:10 pm

Can someone please explain to me the benefits of having an Amex card...keep in mind I'm not a traveler.....I just don't understand what's so attractive about $100 bonus sign ups and annual fees...

SuperKirby
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Postby SuperKirby » Tue Jun 18, 2013 3:14 am

Myaz31 wrote:Can someone please explain to me the benefits of having an Amex card...keep in mind I'm not a traveler.....I just don't understand what's so attractive about $100 bonus sign ups and annual fees...


I'm not sure if CCF frowns upon reviving threads (like other forums) but here it goes.

Amex cards have one of the best travel perks and benefits, so for the traveler it's definitely worth it once you read on what's right for you. If you're not a traveler then they have some really good cash back cards as well; one with an annual fee and one without. Personally I use mainly Chase cards because I like their rewards more, but IME Amex has the BEST customer service and protection, and the credit card website layout is so outstanding that it's worth mentioning.

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FastSRT8
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Postby FastSRT8 » Tue Jun 18, 2013 11:01 am

Amex used to be and is still to some extent a niche card. It's basically a charge card not a credit card.

Having said this, the card is not for everyone and Amex knows this. They want to have the 'better' low risk clients and have structured their company accordingly.

So rather than go on and on about how good it is, it usually is easier and faster for those contemplating to simply answer this quick question.

Are you concerned about the fees and what you are getting back in return? If you answer yes and are further finding yourself spending more than 5 minutes studying all the benefits and seeing how it can help you from a cost perspective, then I'd say the card is not for bust this time.

In the future maybe.





Myaz31 wrote:Can someone please explain to me the benefits of having an Amex card...keep in mind I'm not a traveler.....I just don't understand what's so attractive about $100 bonus sign ups and annual fees...
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mdl28
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Postby mdl28 » Wed Jun 19, 2013 12:07 am

Its worth it to me. I started with green, went to gold, and just recently added the blue cash pref'd. They have great benefits, perks, and loyalty to members. If you have doubts or cannot come to realize why you should get or keep your card. Its a simple answer, Amex is not for you... or I should say you are not Amex's type.
MDL

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Jacksnow
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Postby Jacksnow » Thu Jun 27, 2013 3:00 pm

I run around the US a lot.

Free airport lounge entry
$200 statement credit for airline fees
GOES reimbursement
Emergency planning/ secondary traveldesk

I'd have to echo SRT8. If you look at the annual fee and you're trying to minmax the way a lot of card churners do it may not be the best card for you. If you don't mind paying for good customer service and like knowing there's an organization *paid* to make sure if you call they take care of you.

I'll concede they're not miracle workers. High end restaurants that they don't have a relationship with are hit or miss. Things like my bags were sent to Miami and I'm in New York they can cover my expenses to get what I need. I need a plane ticket immediately and I don't want to wait on the phone with each airline they can do that and get back to me ASAP.

Additional warranty is brilliant
Car rental insurance is a bonus same with Travel medical.

Plus SPG gold is nice too.


Stuff that is nice to have and makes things easier. That's what you pay for.
If it doesn't make sense, that's fine. It didn't for me until I started traveling.

MemberSince99
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Postby MemberSince99 » Thu Jun 27, 2013 3:18 pm

It's like everything - you will get people who love it and people who hate it and some in the middle. But honestly few are in the middle with Amex you either love it or hate it.

If I didn't feel it was worth it I would not have Amex. So I guess that answers the question for me. But for you, it really depends. A good way to find out is determine how you would use their products and pick the best matching card for you. Try it out. if you don't care for what you are getting, you can close and go with another company.

AMEXPlatino86
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Postby AMEXPlatino86 » Thu Jun 27, 2013 5:24 pm

Well to ask another question, how do you feel about people that only get American Express cards to only churn rewards and free annual fee to only dump them later once they got everything they wanted?
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)

My credit score :cool:
EQ: unknown
EX: 762
TU: 752

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FastSRT8
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Postby FastSRT8 » Thu Jun 27, 2013 5:46 pm

AMEXPlatino86 wrote:Well to ask another question, how do you feel about people that only get American Express cards to only churn rewards and free annual fee to only dump them later once they got everything they wanted?


Not me... I proudly sport the member since 89 (uninterrupted)
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AMEXPlatino86
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Postby AMEXPlatino86 » Thu Jun 27, 2013 7:04 pm

Yeah but I've been lurking on myFico and it seems like most of them want is the are the rewards and then just shut down the card when they are done with it.
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)

My credit score :cool:
EQ: unknown
EX: 762
TU: 752



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