Joined Mar 2024
Pro User
Forum Thread
AMEX credit cards
October 11, 2024 at
11:06 AM
in
Question
Thread Details
Hi everyone,
I always see people on SD talking about rewards using AMEX credit cards. I do not want to pay an annual card fee but want to receive the benefits such as huge casba k bonuses for certain websites. Is it worth it to apply for their no annual fee card and I see their Blue Cash Everyday® Card from American Express. Is this the best option? I have no issues with paying off my 4 other CC's and am just wondering if this is worth it at all. Thank you!
I always see people on SD talking about rewards using AMEX credit cards. I do not want to pay an annual card fee but want to receive the benefits such as huge casba k bonuses for certain websites. Is it worth it to apply for their no annual fee card and I see their Blue Cash Everyday® Card from American Express. Is this the best option? I have no issues with paying off my 4 other CC's and am just wondering if this is worth it at all. Thank you!
About the OP
4 Comments
Your comment cannot be blank.
Sign up for a Slickdeals account to remove this ad.
I always see people on SD talking about rewards using AMEX credit cards. I do not want to pay an annual card fee but want to receive the benefits such as huge casba k bonuses for certain websites. Is it worth it to apply for their no annual fee card and I see their Blue Cash Everyday® Card from American Express. Is this the best option? I have no issues with paying off my 4 other CC's and am just wondering if this is worth it at all. Thank you!
Amex is typically for people who shop high end retail. The rewards I see are usually geared towards that. I have it but never use it.
Two federal laws provide protections to active-duty military when borrowing money:
The Servicemembers Civil Relief Act (SCRA) applies to credit accounts and loans opened before military service.
The Military Lending Act (MLA) applies to credit accounts and loans opened during military service.
These laws include a variety of protections, including interest rate caps. Some card issuers, including American Express, go above and beyond by providing additional benefits.
While you're in the military on active duty, you can get the annual fee waived on many American Express cards. That includes The Platinum Card® from American Express (terms apply). Here's how getting the fee waived works:
For cards opened before military service: You can request it online through the credit management section of your account. Select the option for SCRA benefits. You can also do it by phone -- just call the number on the back of your card.
For cards opened during military service: There's no action required on your part. American Express checks if you're eligible with the Department of Defense during the application process. If you are, you receive the applicable benefits automatically. If you don't receive them, contact customer service.
It makes sense to apply for The Platinum Card® from American Express if you're active-duty military. You can get one of the most valuable credit cards without paying a dime. It has over $1,500 in annual spending credits and access to over 1,400 airport lounges, to name a few of the highlights (terms apply, select enrollment required).