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The American Express Preferred Rewards Green Card can be best for you if you agree to pay in full each month avoiding accumulating credit card debt, which is often the case for high interest rates and revolving balances. Preferred Rewards Green Card from American Express can be your best bet for managing travel expenses when you are planning a vacation. Make use of the card for meeting all the expenses right from booking your lodging and tickets you will have a stress free time and as a bonus, some $100 will be credited to your account once a year. Basics Of The Card With Preferred Rewards Green Card from American Express, you are inducted into an admirable rewards program. You also receive plenty of add-ons to enjoy. Have a look at the basic features of the card: § Though the card has a high annual fee of $95, it is waived for the first year. § There are no application, participation, reload and/or any inactive fees involved. § The card enrolls you automatically into the membership rewards program, so you gain points on every purchase through the credit card. § The most significant thing about this card is that you are not bound to a pre-set spending limit and so if something exciting comes up you always have a way to pay. § There is no defined limit for points and you are free to earn as many points as possible. Reward Program The Preferred Rewards Green Card from American Express has a superb rewards program and a lot of benefits. The reward program reads thus: § Firstly, for every dollar you spend on purchases, a point is added to your pool of points. § As soon as your card is approved, you receive 5000 bonus membership reward points. § Cash in your points for rewards from 21 airlines, vacation packages, hundreds of hotels worldwide, over 50 cruise itineraries, spa retreats, shopping and entertainment hubs (including names like Banana Republic, COACH®, Callaway® Golf, Dell TM Computer, Saks Fifth Avenue, The Sharper Image, so on and so forth). § It is not that your membership rewards points are redeemable at select merchants only, you can also transfer them to the frequent flyer program, wherein 1 point is equal to 1 Frequent Flyer Mile or Frequent Guest Credit. Earn as many points as possible, there is no limit to the amount of points you can earn and they have no dates for expiration. If you wish you can redeem your rewards right away or else you can bank them towards a better redemption. Additional Benefits Preferred Rewards Green Card from American Express also allows you some extra perks and services including auto rental insurance, purchase protection services, various Internet related account services. Year-end financial statement, extended warranty for purchases and emergency travel assistance services are also offered to you.
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