Overview
American Express Green Card Snapshot
Annual Fee: $150
Recommended FICO Score: 740 – 850
Interest Rate: 19.74% to 26.74%
SignOn Bonus: 45,000 points after $2,000 in 6 months
Card Type: Rewards
Best For: Travel and dining purchases.
The American Express Green credit card is a middle of the pack travel card. It offers a strong sign-on bonus (45,000 points after an initial spend of $2,000 in the first 6 months), 3x rewards on travel and dining out purchases and annual travel credits. This card also has a $150 annual fee, so to extract maximum value from the card it’s important that you take advantage of all its rewards and perks.
Reward Offering
The Sign On Bonus
The American Express Green card has a one-time bonus of 45,000 points once you spend $2,000 on purchases within the first 6 months from account opening.
Reward Multiplier
3x
3x points on restaurants, including takeout and delivery.
3x
3x points on travel purchases including flights, hotels, transit, taxis, tours, and ridesharing services.
1x
Earn 1x points on all other purchases.
Other Benefits
$100 annual LoungeBuddy credit: to purchase lounge access through the LoungeBuddy app and receive up to $100 in statement credits per calendar year.
Up to $100 Clear credit when you pay for your CLEAR membership with the American Express® Green Card.
Trip delay insurance, car rental and damage insurance, extended warranty and purchase protection.
No foreign fee transactions.
Who Is This Card Suited For
The American Express Green credit card benefits frequent travelers who dine out and can take advantage of the cards benefits. With a $150 annual membership this is not the cheapest travel card on the market, but the 3x reward multiplier, 45,000 point sign on bonus and annual statement credits for the CLEAR and LoungeBuddy it can definitely provide value to any traveler.
Key Benefits:
- High spending multipliers on travel and dining out.
- Ability to transfer miles to partner programs.
- No foreign transactions.
Key Drawbacks:
- $150 annual fee.
Redeeming AMEX Points
An awareness of how how you can redeem AMEX points and the value you get from each option will impact the overall return you get from your AMEX cards. The below table summarizes the value you get from each option.
Redemption Option | Value |
---|---|
Transfer To Program Partners | Most programs have 1:1 transfer rate. |
AMEX Travel Portal | 1 cent per point |
Redeem As Gift Cards | 0.5 - 1 cent per point |
Shop With Points | 0.5 - 1 cent per point |
Statement Credits | 0.6 cent per point |
Travel Partners
AMEX has 19 different airline partners that span 3 different alliances. To maximize the value of your points, it’s recommended that you consider transferring your points to partners programs when booking flights. The below table summarizes the transfer rates you get for each airline partner.
Transfer Partner | Alliance | Transfer Rate |
---|---|---|
AeroMexico | SkyTeam | 1,000 : 1,600 |
Air Canada | Star Alliance | 1,000 : 1,000 |
Alitalia | SkyTeam | 1,000 : 1,000 |
Aer Lingus | N/A | 1,000 : 1,000 |
ANA | Star Alliance | 1,000 : 1,000 |
Avianca LifeMiles | Star Alliance | 1,000 : 1,000 |
British Airways | OneWorld | 1,000 : 1,000 |
Cathay Pacific | OneWorld | 1,000 : 1,000 |
Delta Air Lines | SkyTeam | 1,000 : 1,000 |
Emirates | N/A | 1,000 : 1,000 |
Etihad Airways | N/A | 1,000 : 1,000 |
Flying Blue Air France/KLM | SkyTeam | 1,000 : 1,000 |
Hawaiian | N/A | 1,000 : 1,000 |
Iberia | OneWorld | 1,000 : 1,000 |
JetBlue | N/A | 250 : 200 |
Qantas | OneWorld | 500 : 500 |
Singapore Airlines | Star Alliance | 1,000 : 1,000 |
Virgin Atlantic | N/A | 1,000 : 1,000 |
AMEX also has 3 hotel partners and the transfer rates are listed below:
Partner | Transfer Rate |
---|---|
Choice Privileges | 1,000 : 1,000 |
Hilton Honors | 1,000 : 2,000 |
Marriott Bonvoy | 1,000 : 1,000 |
Card Fees And Expenses
Annual Fee | $150 |
Foreign Transaction Fee | $0 |
Interest Rates | 15.99% to 22.99% |
Late Fees | Up to $40 |
Cash Advance | Either $10 or 5% of the amount of each cash advance, whichever is greater. 25.24% APR |
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