American Express credit cards are not be as widely accepted as Visa or Mastercard, which is why this should not be the only card in your wallet just in case you find yourself in a situation where it is not accepted. But owning one can still give you a lot of benefits that you can enjoy. Although some people may choose other cards rather than American Express because of this issue, having this card can put on more weight on your credit card portfolio.
American Express credit cards allow consumers to have an additional of up to five cards which they can share with their family members. You will pay only a one-time fee of $30 and if you need more than that, then they will just charge you an addition al $30 per card and there is no limit to how many you can get. Each card will have the same benefits and restrictions as well, just like the original card. The whole family can enjoy having their own card separately. For instance, if the wife wants to go shopping, the husband does not have to give out his card. There is also the convenience of having to manage only one account for all family members.
There is no preset spending limit with this card, compared with other cards that usually limit each member to a certain amount. American Express credit cards are believed to be for the wealthy, as the limits are based on the person’s financial capabilities and spending style. The spending limit is flexible and on a shifting basis, depending on the person’s ability to pay.
It also has pay features that can be used to pay bills using their online system. They have partnered with over a hundred companies wherein you can just settle your bills using the credit card either on automatic, monthly basis, or even for one-time transactions. The consumer can enjoy the convenience of this service and enjoy earning rewards as well for every payment made using the card.
American Express credit cards earn points once they are used for payments through their Membership Rewards Program. Every time you use the card in dining out, shopping, traveling, and entertainment, it will accumulate points that can be exchanged for gifts and other privileges – thus, the reason why American Express is known to be one of the most generous credit companies. This is all because of the perks they award to their loyal customers.