American Express Green card

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Vermonster
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Re: American Express Green card

Postby Vermonster » Thu Jul 23, 2015 7:31 pm

CarefulBuilder14 wrote:Besides, most people don't constantly re-examine their cards to see if they can do better. They usually get something from a major bank (or their local bank) and keep it until they have a problem with it - especially if there's no annual fee.

The fact that Green is an Amex...and has the same basic look as traditional Amex charge cards...probably plays a factor.


Prior to the Gold and PRG changes the Green and Gold were the EXACT same except the Gold had a higher AF. How many people had the Gold just because it looked good? Plus we all know Amex will easily convert you form a Green to a PRG whenever you want. So I bet a lot of people start with a green and keep it open long enough to "establish history" then leave it open because it is one of their oldest accounts.

But again if you do the math, Green is a really good Amex charge card for someone that spends less than $6500 per year on flights and restaurants. Actually, I think the Gold is more worthless than the Green. I mean if you were going to be spending enough to warrant the upgrade to Gold, then you are easily going to take advantage of the PRG. Amex should drop the Gold and add 2x Restaurants to the Green. THAT would definitely be worth it.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k


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CarefulBuilder14
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Re: American Express Green card

Postby CarefulBuilder14 » Thu Jul 23, 2015 7:51 pm

Vermonster wrote:
CarefulBuilder14 wrote:Besides, most people don't constantly re-examine their cards to see if they can do better. They usually get something from a major bank (or their local bank) and keep it until they have a problem with it - especially if there's no annual fee.

The fact that Green is an Amex...and has the same basic look as traditional Amex charge cards...probably plays a factor.


Prior to the Gold and PRG changes the Green and Gold were the EXACT same except the Gold had a higher AF. How many people had the Gold just because it looked good? Plus we all know Amex will easily convert you form a Green to a PRG whenever you want. So I bet a lot of people start with a green and keep it open long enough to "establish history" then leave it open because it is one of their oldest accounts.

But again if you do the math, Green is a really good Amex charge card for someone that spends less than $6500 per year on flights and restaurants. Actually, I think the Gold is more worthless than the Green. I mean if you were going to be spending enough to warrant the upgrade to Gold, then you are easily going to take advantage of the PRG. Amex should drop the Gold and add 2x Restaurants to the Green. THAT would definitely be worth it.

Gold used to have top-level roadside assistance. It doesn't anymore. That was a big difference from Green, which had the mid-tier service. Other than that, though, I think the difference was "entertainment access" of questionable value.

One nice thing about PRG vs. Gold and Green is that PRG (and Platinum) get some offers that the other cards don't.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card



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