Just what I need — another Amex card, you may think.
Well, this card will be in my next batch of applications.
Here’s how and why it might be worth your investment, too.
The American Express Green Card earns 3X Membership Rewards on all eligible travel purchases. Not just airfare — but hotels, rideshares, taxis, city tours…you get the point.
Restaurants worldwide earn 3X Membership Rewards with the card, too.
Cardholders also enjoy a $100 annual LoungeBuddy credit.
New applicants before January 15, 2020, receive 30,000 bonus Membership Rewards after spending $2000 in eligible purchases during the first three months of membership. (Terms apply.)
(Call me crazy but it’s certainly more exciting than the other credit card announced yesterday.)
Why Delta Air Lines Travelers May Like the Amex Green Card
Here’s why many Delta flyers should strongly consider getting the Green Card.
Cardholders receive an annual $100 CLEAR statement credit. Keep in mind CLEAR offers lower pricing to various Delta SkyMiles program participants.
$109/year (a $70 annual savings)
- Delta Amex cardholders
- Platinum Medallions
- Gold Medallions
- Silver Medallions
- SkyMiles members with no status and no Delta Amex card
This brings your annual CLEAR out-of-pocket cost to $9 or $19 dollars, depending on your status level or if you have a Delta Amex.
Accounting for the Annual Fee’s Other $50
To break even on the American Express Green Card $150 annual fee, you must earn $50 worth of Membership Rewards points each year (assuming you take advantage of the CLEAR credit).
So if we value Membership Rewards at an ultra-conservative bare minimum of one cent each, you need to accumulate 5000 points.
So that’s about $1700 annually in the travel and/or restaurant categories. That’s not a hard feat for most of us.
Not to mention the 30,000 point welcome bonus, worth at least $300. So that provides value for several years, too.
If you don’t have a Chase Sapphire Reserve — or do but want to ditch for something else — the American Express Green Card is a great alternative to earn 3X on rideshare, taxis, parking, subways, other trains…
Will You Apply for the Amex Green Card?
Please share your thoughts about this card’s big refresh!
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