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...