(5.00 out of 5) (5.00 out of 5) (5.00 out of 5) (5.00 out of 5) (5.00 out of 5) (5.00 out of 5) (5.00 out of 5)
(4.80 out of 5) (4.67 out of 5) (4.50 out of 5)Credit card and finance computations can make your head spin, we have developed common calculators to assist you.
Random Word:
A credit card with secured credit means that the borrower, in order to... ...more
American Express’ roots date back to 1850, when it was an express mail service located in Buffalo, New York. American Express, also referred to as AmEx, Amex and AMEX, monopolised the express shipment industry, transferring everything from merchants’ goods to currency… read more.
In 1917, United States President Woodrow Wilson decreed that all express companies, their properties and equipment, would become part of the country’s railroad system, allowing railways to be used to transport United States military personnel and coal, which was in short supply. This ended American Express’ express shipment era. American Express then entered the travel charge card business and issued paper cards to members. Plastic cards were introduced in 1959. American Express members paid higher annual fees than other charge card users, setting them apart as an elite group. Today, annual fees range from $0 to $2,500. All American Express bills were to be paid in full each month until 1987, when their first credit card was introduced.
Credit and Charge Cards
The more prestigious American Express cards are available only through an invitation from American Express. Would-be members can apply directly to American Express for some of the other credit card selections. American Express cards come with a number of benefits, including reward points for purchases at dining, shopping, travel, and entertainment establishments. There are also cash back rewards cards available. Most American Express credit cards do not have a pre-determined limit or interest rate because the owner is required to pay off the card’s balance every month. Annual fees for cards available by application range from $0 to $450. Additional benefits of being an American Express card customer are guaranteed reservations at hotels, preferred entertainment seating, and twenty-four hour a day assistance for legal, financial, and medical needs.
Travel Rewards
American Express members enjoy benefits whenever they use their American Express card for travel. Reserving an airline flight, hotel, rental car, or cruise all pay double rewards points to the member when the reservation is made online. Accumulated rewards points can be redeemed when reserving future trips. Members can easily manage their travels with an American Express Travel Account. These accounts maintain information about travel reservations made with the American Express card and trip itineraries. Members automatically have car rental insurance and travel accident insurance. The Global Assist Hotline is available for members traveling more than one hundred miles from their permanent address. English-speaking financial, legal, and medical professionals are available to assist members with emergency situations.
Small Business and Corporate Cards
American Express business and corporate cards are available. These cards offer rewards as well as savings when used with select vendors. American Express helps make business and corporate financial management easier with online tools and expert assistance.
Insurance and Home Loans
American Express members can apply for Income Protection Insurance and a travel insurance, Secure Sentinel. Home loans are also available through American Express. These loans are available with fixed and variable rates, and rates are discounted for American Express members.