American Express Rewards Credit Card

American Express Rewards Credit Card

As there are a lot of credit cards to choose from, narrowing down your options can be difficult. With so many credit cards offering low rates and benefits, it’s hard to know which is the best credit card for you. This is why it’s important to credit card compare your options, to highlight which tick the right boxes. For a lot of people the American Express Rewards Credit Card comes up top, especially when you consider the rewards and benefits it offers. As well as offering a relatively low APR, the American Express Rewards Credit Card also awards bonus points on spending. This is not something that many other credit cards offer, so it’s certainly an advantage that comes with choosing the American Express Rewards Credit Card.

Who Can Apply For An American Express Rewards Credit Card?

The American Express Rewards Credit Card is available to a lot of people, but that doesn’t mean that everyone is automatically approved. In order to be eligible for the American Express Rewards Credit Card, you need to meet certain criteria. This includes being over the age of 18, being a UK resident and having a good credit score. There are credit cards for bad credit out there, but the American Express Rewards Credit Card is not one of them. This means that having bad credit could hold you back, but you are likely to be approved if you have good credit.

What Does The American Express Rewards Credit Card Offer?

• With the American Express Rewards Credit Card, you will receive an APR of 22.9%. Though this is by no means the lowest APR out there, it’s certainly lower than a lot of other credit card APRs.

• If you are looking for a balance transfer credit card, the American Express Rewards Credit Card is not ideal. This is because balance transfers are not offered as standard and are only available at the discretion of Amex upon request. If you want to transfer a balance, a specific balance transfer credit card may be a better choice.

• The American Express Rewards Credit Card offers a rate of 22.9% P.A. variable on purchases, which is in line with a lot of other credit cards. It’s neither extremely low, nor extremely high.

• When you spend £2,000 in the first three months of having a American Express Rewards Credit Card, you will earn 5,000 bonus Membership Rewards® points. This is something that is unique to the American Express Rewards Credit Card.

Though there are a lot of credit cards to choose from, the American Express Rewards Credit Card ranks as one of the best for many people. This is because of the wide range of rewards and benefits that are available to card holders. However, it does not offer balance transfers as standard and therefore is not ideal as a credit card for balance transfer purchases.