What is the American Express Green Card annual fee?

The Amex Green card is worth it for frequent travelers with good credit or better (a credit score of 700+) who buy airport lounge day passes and prefer expedited airport security. Customers with enough dining expenses to help offset the card’s $150 annual fee may also find the Amex Green card worth applying for.… read full answer

The Amex Green card offers new cardmembers 45,000 points for spending $2,000 in the first 6 months. And it also earns substantial ongoing rewards: 3 points per $1 at restaurants (including takeout and delivery), 3 points per $1 on travel, 1 point per $1 on all other purchases. Aside from these rewards, what makes the Amex Green card particularly worthwhile is annual statement credits, up to pre-set amounts, toward CLEAR memberships and airport lounge day passes, purchased through LoungeBuddy. By making the most of these travel-friendly perks, the Amex Green card’s annual fee will easily pay for itself.

However, the card most likely won’t be worth it if you’re unable to pay the balance in full and on time every month. The interest you’ll pay on the balance will cut into the card’s overall value.

If you’d like a more detailed dive in to what the Amex Green card has to offer, feel free to check out our editor’s comprehensive review of the card.

The Amex Green card credit limit can vary from month to month, but generally there is no preset spending limit. American Express may adjust the limit based on your card use. The amount and the frequency in which those adjustments occur also depend on a wide range of factors such as your income, credit standing, payment record, and more.… read full answer

You should be able to charge up to the same amount on the Amex Green card each month, as long as there are no drastic changes in your financial situation. A reduced income or lowered credit score may prompt American Express to reduce how much you can spend, for example. Conversely, improvements to your credit and income may allow you to spend more.

You might get your American Express Platinum card annual fee waived if you are calling the Amex retention line at (800) 452-3945, but it is not guaranteed that it will work. Alternatively, you should consider applying for the Amex financial relief program.

Here’s how to get the American Express Platinum card annual fee waived:… read full answer

• Call the retention line: You can ask Amex to waive the annual fee by calling (800) 452-3945. However, it’s important to understand that this approach may not be successful. American Express typically does not waive annual fees entirely, but it may offer a side benefit to offset the Platinum card’s $695 annual fee. Retention offers traditionally include statement credits, bonus points or spending bonuses. But make sure your account is in good standing before calling.
• Apply for the Amex financial relief program: If you’re having difficulty paying your annual fee due to unforeseen financial difficulty, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived. Or you might receive other assistance such as lower monthly payments or lower interest rates. If you decide to enroll in a financial relief program, though, your spending ability will likely be greatly reduced for the duration. Your credit score may be impacted by the reduction in credit limit. And if you don’t comply with the terms of the program, that will appear as a negative on your credit report.
• Other options: You might be able to get your American Express Platinum card annual fee waived if you’re an active member in the military. Downgrading to an American Express card with a lower annual fee is also an option.

However, if you don’t end up getting the $695 annual fee waived, you should consider keeping the card for its rewards. With the American Express Platinum card, you’ll earn 5 points per $1 on flights booked with airlines or with American Express Travel (up to $500,000 spent per year), 5 points per $1 spent on prepaid hotels booked through Amex, and 1 point per $1 on all other purchases.

If you spend a lot on these categories, the rewards you’ll get will more than make up for the cost. But if you can’t take advantage of its travel-focused perks, you’ll end up overpaying.