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American Express Prefered Rewards Green Card

# First Year Fee-Free

# Get 5,000 Bonus Membership Rewards® points redeemable for Rewards right away

# The Membership Rewards program lets you choose your rewards from over 21 airlines and also lets you transfer points to 11 frequent flyer programs.

# Many other travel and shopping benefits

# Online Fraud Protection Guarantee

Read more about it at: http://www.squidoo.com/American-Express-Preferred-...

Here are the specs.

* First year fee-free - $95 Thereafter

* Get 5,000 Bonus Membership Rewards® points redeemable for Rewards right away

* The Membership Rewards program also lets you transfer points to 11 frequent flyer programs: 1 point = 1 frequent flyer mile or frequent guest credit for most programs

* Global Assist® Plus Hotline allows you to travel with total peace of mind when you are more than 100 miles away from home

* Many other travel and shopping benefits

* No Preset Spending Limit

Amex Green Card Benefits

American experess is not a standard credit card (green, gold, platinum or black) like a Visa, you have to pay the balance in full every month and there is no interest because you have no balance. You do have to pay a fee once a year my gold card it $75.00, I think the green is $50, the platinum is $300 and the black is $1000. The store where you use the card is charged 5% and that is how the American Express works and that is why not every one accepts the card.

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