American Express Green Card Review
- AmEx Green Card. Note that you have to use the incognito mode or empty the cache in your browser to see the 25k offer. If you can only see the application page without sign-up bonus, please try a few more times. Now the offer differs by location, you may need a VPN to see the big offer, see How to Use VPN to Get Amex Big Offers for details.
- Earn 25,000 Membership Rewards (MR) Points after spending $1000 in first 3 months! This credit card usually doesn’t have a sign-up bonus, and this is the best offer in recent years.
- We estimate that Membership Rewards (MR) are worth about 1.6 cents/point, see below for a brief introduction. So the 25k highest sign-up bonus is worth about $400!
- Earn 1 Membership Rewards Points per $1 spending on all purchases.
- With this card, you can get access to Amex Offer, which usually offers very good discounts at some stores, such as: spend $15 or more and get $5 back at Walmart; spend $75 or more and get $25 back on Amazon.com.
- This card is very easy to get approved, because it is a Charge Card, not a Credit Card. Charge card means that you don’t have an option to pay only minimum payment, you have to pay your balance in full on the due dates. Note that Charge Card applications will also result in a Hard Pull, same as Credit Card applications.
- Charge Cards have no pre-set spending limit.
- $95 annual fee, but waived for the first year.
- If you add an Additional Card to your account following your Basic Card application, you will be charged an annual fee of $30 for up to 5 Additional Cards. The annual fee for 6 or more Additional Cards is $30 for each Card. Waived for the first year.
- It has foreign transaction fee, so it's not a good choice outside the US.
Introduction to MR Points
- You can earn MR points with AmEx ED, AmEx EDP, AmEx Green, AmEx Gold for Ameriprise, AmEx PRG, AmEx Platinum, AmEx Platinum for Ameriprise, AmEx Platinum for Schwab, AmEx Platinum for Mercedes-Benz, AmEx Blue Business Plus, AmEx Business Green, AmEx Business Gold, AmEx Business Platinum, etc.
- The MR points you earn on different MR cards will automatically go to the same MR account.
- MR points never expire. You will not lose the MR points on one card if you close the account, but you will lose all of the MR points if you close all of the MR cards. In order to avoid losing your MR points, we recommend to keep the no annual fee AmEx ED.
- If you have any of the MR cards, MR points can be transferred to some airline miles. One of the most common and best way to use MR points is to 1:1 transfer them to All Nippon Airways (ANA, NH) miles (Star Alliance). Other good options are: Air Canada (AC) (Star Alliance), Delta Air Lines (DL) (SkyTeam), British Airways (BA) (Oneworld), Asia Miles (Oneworld), Singapore Airlines (SQ) (Star Alliance), Flying Blue (SkyTeam), Virgin Atlantic (VS) (Non-alliance), etc. If you use MR in this way, the value is about 1.6 cents/point.
- If you have any of the MR cards, you can redeem your MR points at a fixed rate about 1 cent/point towards air tickets on AmEx travel portal.
- If you have AmEx Platinum for Schwab, you can redeem your MR points at a fixed rate 1.25 cents/point towards cash. If you don't want to spend time studying airline miles, this is a pretty good way to cash out the points. If you don't have this card, you can only redeem your MR points at a fixed rate 0.6 cents/point towards cash.
- In summary, we estimate that MR points are worth about 1.6 cents/point.
- For more information about MR points, see Maximize the Credit Card Points Values (overview), and Introduction to MR: How to Earn and Introduction to MR: How to Use (very detailed).
Recommended Application Time
- You can get the sign-up bonus once in a lifetime, so be sure to apply when the historical highest offer appears.
- AmEx doesn’t care about the number of hard pulls.
- You can try to apply for it when you have a credit history of 6 months.
The reward rate is not good at all. But its highest sign-up bonus 25k MR points is worth $400, so it deserves a consideration for people need a lot of MR points. Considering you can combine Hard Pull when apply for AmEx cards in one day, and charge cards are not restricted by the application interval restriction, so you can apply for this card as you apply for another AmEx credit card. If one day you don’t want to keep this card any more, while still have some remaining MR points, you can apply for AmEx EveryDay (ED) (no annual fee) to keep the MR points and use them in the future.
Recommended Downgrade Options
- You can not downgrade this card to any card with no annual fee, so I suggest you close it when you don’t want to keep it any longer.
- Click here to check AmEx application status.
- AmEx reconsideration backdoor number: 877-399-3083. The “real” backdoor number of Amex is well protected. Different from Chase, the representatives from this AmEx reconsideration backdoor number only have the right to help you submit requests.
Historical Offers Chart
- AmEx Green Card. Note that you have to use the incognito mode or empty the cache in your browser to see the 25k offer, and the application page looks like the picture below. If you can only see the application page without sign-up bonus, please try a few more times. Now the offer differs by location, you may need a VPN to see the big offer, see How to Use VPN to Get Amex Big Offers for details.