AMEX Green vs Visa Signature?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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sapple89
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AMEX Green vs Visa Signature?

Postby sapple89 » Sun May 15, 2011 4:27 am

Background
I :
am a 22 year old college student.
should have 2-3 years of good established credit
usually spend about $15,000 a year on my credit card
Am more interested in cash rewards, purchase rewards, and warranty extensions but am skeptical about what is ACTUALLY covered by the extended warranty
almost never carry a balance

My question to you experts is should I apply for a AMEX green card or a visa cash rewards signature card?


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Mogul of Pineapples
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Postby Mogul of Pineapples » Mon May 16, 2011 11:14 pm

For warranty extensions, AmEx will beat Visa Signature hands down. The Visa program is setup different, it's called Warranty Manager Service, and has more hoops to jump through than the American Express Extended Warranty program. Go there to learn about coverage.

The drawback of the American Express Green Card is that the annual fee is $95 and the rewards are nothing to write home about. By now you may qualify for the AmEx Gold and I would recommend that over the Green, since the promotion usually waives the first year's fee. Whenever I have looked at the Green the first year fee is never waived.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

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dfm990
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Postby dfm990 » Tue Jun 28, 2011 6:24 pm

I agree about choosing the AmEx Gold Card, but i think if you look now at the Amex site, they started waiving the first years annual fee for the AmEx Green Card. :)
Amex Gold NPSL (35000 Approved)(11/13)
Discover It $22500 (12/13)
Bank of America Cash Rewards $7000 (3/13)
Amex BCP $6000 (12/14)
Walmart Store Card $3050 (2/10)
Capital One Platinum $2000 (3/11)
Chase Slate $1000 (1/16)

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Postby Money card » Thu Jul 07, 2011 10:33 pm

Mogul of Pineapples wrote:For warranty extensions, AmEx will beat Visa Signature hands down. The Visa program is setup different, it's called Warranty Manager Service, and has more hoops to jump through than the American Express Extended Warranty program. Go there to learn about coverage.

The drawback of the American Express Green Card is that the annual fee is $95 and the rewards are nothing to write home about. By now you may qualify for the AmEx Gold and I would recommend that over the Green, since the promotion usually waives the first year's fee. Whenever I have looked at the Green the first year fee is never waived.


My first year is waived. the gold card is 30 dollars more and what do you get a copy of your year end summary plus gold card events, that's about it. I like my green card.

Moneytalks
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Postby Moneytalks » Wed Apr 25, 2012 9:45 pm

I like the green card, and from what I heard, Visa Signature cards could be hard to get for someone new to credit...
Wallet: Amex BCE & Chase Freedom. (Credit Card dieting since 2014)

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FastSRT8
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Postby FastSRT8 » Thu Apr 26, 2012 12:02 am

At your junction in life, you may have no option but to go with the Amex Green. I recall when I was in university (1988), I got my first Amex and it was green. I kept up payments and as my income grew so did my loyalty and use of the card. Fast forward to today... they finally invited me to the Centurion club.

I think I got the Centurion based on my history with them and there use...
Carpe diem quam minimum credula postero!

JCarter
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Postby JCarter » Thu Apr 26, 2012 1:58 am

FastSRT8 wrote:At your junction in life, you may have no option but to go with the Amex Green. I recall when I was in university (1988), I got my first Amex and it was green. I kept up payments and as my income grew so did my loyalty and use of the card. Fast forward to today... they finally invited me to the Centurion club.

I think I got the Centurion based on my history with them and there use...


What were you spending on average per month?

amexguy321
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Postby amexguy321 » Thu Apr 26, 2012 2:40 am

that would be very interesting to know... i am in university right now.. maybe down the road in 20 yrs i get an invite as well... maybe i should try to apply for gold down the road very soon

Regnohspf
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Postby Regnohspf » Thu Apr 26, 2012 9:48 am

for benefits (i.e. purchase protection, extended warranty, concierge, etc) definitely AMEX,

but if your wanting just rewards then i would go with any other Visa, you can make out with better rewards without the annual fee's

and i can see the Platinum and PRG are out of the question, but that's where you will be getting the most bang for your buck in terms of rewards and added benefits

just go after both haha, Visa to backup your Amex where it's not accepted
Wells Fargo Student Credit Card Visa - $1300 (February 2011)
American Express Zync Charge Card (February 2012)
Chase Freedom Visa- $2000 5% rotating (April 2012)
Citi Forward Visa- $3000 - 5x at restaurants, amazon.com (April 2012)
Chase Sapphire Preferred Mastercard World Elite - $5000 (July 2012)

Credit cards left to attain
-Amex BCE/BCP

JCarter
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Postby JCarter » Fri Apr 27, 2012 1:56 am

amexguy321 wrote:that would be very interesting to know... i am in university right now.. maybe down the road in 20 yrs i get an invite as well... maybe i should try to apply for gold down the road very soon


He is in Canada. Every country has different requirements for issuance of the Centurion.



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