Accepted Credit Scores
Excellent Credit, Good Credit
Accepted Credit Scores
Excellent Credit, Good Credit
The American Express Green Card’s initial bonus is worth roughly $360, based on the average redemption value of Amex Membership Rewards points. The average credit card welcome bonus equals roughly 24,860 points/miles or $205.48 cash back. To earn the bonus, you need to spend $2,000 in the first 6 months.
Amex Green gives 3 points per $1 spent on all travel-related purchases. A purchase simply has to be made from a travel-focused company to qualify, but some examples that Amex gives include airfare, hotel reservations, ridesharing, and public transit. Accommodations booked on third-party travel comparison websites count, too. Purchases made at restaurants (including takeout and delivery) also yield 3 points per $1 spent. And unlike the restaurant rewards on some other American Express cards, the bonus earning rate applies to dining worldwide – not just at restaurants in the U.S.
All purchases that fall outside of those two bonus rewards categories get you 1 point per $1 spent. To put things in terms of actual currency, 3 points per $1 spent is roughly equal to 2.4% cash back, while 1 point per $1 is worth less than 1% cash back – the baseline for most rewards cards.
The American Express Green Card’s annual fee is more than eight times higher than the average credit card’s membership charge. So, you have to ask yourself, will Amex Green turn out to be eight times more rewarding than the best credit cards with no annual fee, based on your particular spending habits? For most people, the answer will be no.
Amex Green won’t cost you extra when making purchases processed internationally, whether you are traveling abroad or buying from internationally based merchants while in the U.S. That hasn’t always been the case.
The American Express Green Card’s limit varies based on each cardholder’s spending and payment habits as well as overall economic conditions. That’s because the card has a feature known as No Preset Spending Limit. You generally won’t know exactly what your spending power is when using this card, which can create some practical problems for people.
The American Express Green Card’s credit score requirement is standard for an American Express card, all of which require a minimum of good credit for approval, if not excellent credit outright. Although it’s possible to get approved with a lower score, we recommend a credit score of 700+ for the best odds of success.
In addition to a good or excellent credit score, the American Express Green Card’s requirements for approval include being 18+ years old, having a Social Security number, living in the U.S., and earning much more income than you spend on debt payments and other major expenses.
Cardholders enjoy up to $100 per year in credits for membership in the biometric airport screening service CLEAR. They also get up to $100 per year in credits for LoungeBuddy purchases in order to save on airport lounge access.
The Amex Green Card is not made of metal. Rather, it lives up to its name by helping to promote clean oceans. The recycled plastic that the Green Card is now constructed of was taken from oceans, beaches and coastal areas.
The Amex Green Card is worth it if you have a 700+ credit score, spend a lot on travel and dining out, and don’t need to carry a balance from month to month. In that situation, the card should save you a lot more than it costs you at the end of the day.
However, if you only plan on having one card in your wallet, choosing Amex Green probably would not be worth it. That would mean missing out on some of the best rewards credit cards on the market, which have similar approval requirements.
Purchase Intro APR
|
Transfer Intro APR
|
Regular APR
|
---|---|---|
Not Offered | Balance Transfers Not Allowed | See Pay Over Time APR |
Purchase Intro APR
|
Not Offered |
---|---|
Transfer Intro APR
|
Balance Transfers Not Allowed |
Regular APR
|
See Pay Over Time APR |
MAX LATE FEE |
$40 |
---|---|
MAX OVERLIMIT FEE |
Not Applicable |
MAX PENALTY APR |
See Rates & Fees |
GRACE PERIOD |
25 days |
ONLINE RESPONSE |
Yes |
CASH ADVANCE APR |
25.24% (V) |
CASH ADVANCE FEE |
5% (min $10) |
FOREIGN TRANSACTION FEE |
0% |
SMART CHIP |
Yes, chip-and-PIN |
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We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
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Last updated on: March 1st, 2021 at 09:40
WalletHub is an independent comparison service.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
Ad Disclosure: Offers originating from paying advertisers are noted as “Sponsored” at the top of this page. Advertising may impact how and where offers appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
Editorial Disclaimer: Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by the issuer. In addition, it is not issuer’s responsibility to ensure all posts and/or questions are answered.
Offer last updated: Mar 1st, 2021 at 09:40 ET