Comparison Site for Great Credit Card Offers

June 8, 2005 05:34 PM

Although the payment structure is different in relation to other unsecured credit cards, the charge card does share similar benefits and services that include auto insurance, travel accident insurance, discounts at participating retailers, buyer’s assurance plan, and a purchase protection plan (see website for additional benefits).

Cardholders also have access to the Membership Rewards Options program for no additional fee where points can be redeemed for various services and products. The Membership Rewards Options program is by far one of the best reward programs offered in the credit card industry, due in part to the variety of rewards offered with no yearly limit and no expiration policy for earned points.

Although the card comes with an annual fee of $65 and an additional cardholder fee of $30, those who can take advantage of the many benefits and services provided by American Express®, especially frequent travelers who take advantage of the Membership Rewards Options program, will benefit most from the card, as earned points can be combined with various frequent flyer accounts.