whats the big deal with an american express card?
400045
First it is a big Credit and Charge Card company.\nThey have different types of card - from standard to Silver, Gold and Platinum.\n\nCard members are rewarded for their membership loyalty.  Also there is an arrangement where whenever you charge your purchases or air tickets to their cards, your purchases are covered (I think for 90 days) against theft, damage or other form of losts.\n\nTo own the Gold Charge Platinum cards reflect success/status.  Some cards attract an annual fee but people still use them because of convenience.\n\nI am lucky I have a Gold one that was granted Life free of fee - you get one after a long excellent Credit rating - one of the reason besides others.\n\nIt is only the Charge card that insist on full payment.  Their Credit cards provide 55 days interest free.  There are 2 types of interests options.  No free days lower interest rates.  Free days higher interest rates.\n\nI suggest you check their website for more info.
563137
I'm not sure, however, some will charge you interest just to keep the card open. In some cases the interest is compounded daily, thats why it is important to watch spending, and pay more than the amount due.
188348
American Express and Bank of America started a new program where they round up your total to the nearest dollar amount and deposit the change into a savings acccount.  I'm not sure if this is what you are talking about.
687597
It depends what you want.  To generalize, the four different cards associations have different market positioning that can be summarized as the following:\n\nMasterCard/Visa: Greatest worldwide acceptance\nAmerican Express:  Good for frequent travellers and affluent customers\nDiscover:  Good for customers wanting cashback rewards.\n\nHowever, what really matters is the loyalty program that you get attached to the card.  This depends on the bank that is issuing the card, not the cards association.  You can find a cashback card that is branded with the Visa logo, the MasterCard logo, the Discover logo, or the American Express logo.  The deal given by the bank is what you should use to determine what card you want.
877732
Avoid this one like the plague as well.  It's a racket, it isn't a real credit card at all.  They only thing you can buy is overpriced junk from their catalog.  For that dubious privileged they charge you for the "card" and charge you a monthly fee.\n\nSave your money.  It isn't going to help your credit in the slightest.\n\nAnd yes, you will have to pay a shipping fee as well for items you purchase.
354547
There is a lower rate available for accepting government cards  - like a full 1% lower. My family works in construction and we set it up last year. E-mail me if you want contact info.
589784
A credit card, such as VISA or MasterCard, allows you to pay for sales or services by borrowing against your line of credit with the credit card company and to make monthly payments on the outstanding balance. A charge card, such as American Express requires payment in full each month of the outstanding balance charged to the account. \n\nAs for who is eligible to obtain it....that depends on the specific creditors requirements although one cannot not be a minor.
902915
I'm inclined to say American Express.  My husband uses it for travel and I believe they have a student card.
823683
I just got this sham deal in the mail today.Outrageous APR for starters.I've never even heard of this company before today.If you want a GREAT card for lesser credit,then you NEED the Orchard Bank card.I've had a few cards of this sort and Orchard destroys the rest for rates,customer service and 2% cash back.\nYou can apply right on the Yahoo! home page.It's the good card for ugly credit.It's always there.\nGo to www.ripoffreport.com and look up applied card bank.Thecardiwant may be there as well,but applied card bank is definitely there.\nOrchard has files there too,but that was from before HSBC owned them.Orchard is by far your best choice if you have limited credit.Stay away from Imagine or Aspire.First Premier isn't terrible,but the customer service really stinks.
94581
The ones that stores offer are relatively easy to get and you can use them to build your credit so you can get a major card later.  However, don't let the balance get out of hand, those cards from stores have stricter penalties and higher fees.
872147
£50 per annum for your Diners Card and £19 per annum for each additional cardholders card. \n\nNever had one myself but a few of my customers have had them in the past. They don't rate the card very highly but have said that its more of a status symbol. \n\nIn certain walks of life you are almost expected to have one as a sign of your wealth.
499856
I love American Airlines and CitiBank's card:\n\nAadvantage Mastercard\n\nI earn 1 mile for each $1 and they have a million more ways to earn miles.\nWe put EVERYTHING on this card, including groceries, gas....and it pays for us to go on our family vacation about every other year.  We don't even have to save for vacations anymore!\nTwo years ago we went to Hawaii and it paid for our airfare and hotel.\nThey have remarkable service, too.  They call whenever there is any questionable activity to ensure that no one has taken your number and charging on it.\nHighly recommend them!
220610
its a debit card , so cash for sure.
1010277
4 cards.\n\nCitibank Mastercard - no balance.  Pays back 5% on gas, supermarket and drugstore purchases, 1% on everything else.  I get the maximum $300 cash back out of this card every year.\n\nChase Mastercard - no balance.  Pays back 1% on everything.  I usually get $100-200 cash back on this card every year.\n\nWescom Credit Union Visa - no balance.  I only use this card when I travel overseas because it doesn't have a 3% service charge for currency exchanges like the other cards I have.\n\nChase Visa - carrying an $9K balance at 0% interest (introductory 1st year offer).  I took out a $11K cash advance (cost me $75) and put the money into a CD paying 4.75% interest.  When the year is up, I'll pay off the card and keep the interest earned.  Net gain: $447.50 before taxes.\n\nBasically, once you get out of the hole, credit cards can be a good tool for generating extra money on stuff that you're going to buy anyway.  The main thing is to keep tight control on your spending.  If you can't afford to pay off the card every month, you probably shouldn't buying the item.\n\nMost people make the mistake of believing that credit cards stretch their money because they can buy things they can't normally afford.  But that's a mistake.  The reality is that you not only have to pay for whatever you purchased, you also have pay interest on top of that.\n\nCredit card companies offer deals to lure people in.  The key is to make those deals work for you, instead of falling into their trap.  The company will lose money on you, but they don't really care because they'll more than make up their losses on you by profiting from those who get can't control their spending.  So take control of your life and get yourself out of the hole.  You can do it and once you do, you'll be amazed at how much extra money you'll have because your earnings are not being dragged down by interest payments.\n\nThere a bunch of us money geeks who discuss this stuff all the time, so much that one guy started a Web site for such discussions.  There's no membership, no fees to pay, nothing being sold.  Just a bunch of people talking about how to save money and invest.  Check out the link below and if you have questions, don't be shy.  Feel free to ask anything you like.
614858
The best exchange rate for tender (paper currency) is given by bank's to their respective customers. If you are traveling to Europe the best way to transact is by using a credit card. The spot rate, the currency quote, will always be more favorable to Visa/American Express since they conduct far more business than any one traveler. If you use Visa its typically a 1% fee, while American Express is 2%. Even with the fee's, you save money on the transaction.
801791
Are you serious?!?!?!\n"Without paying the annoying interest"?\nWas it "annoying" when you used the card to buy what you wanted?  \n\nThe interest is the price you pay for using the card.  You pay even more interest for not paying on time and having it "long overdue".  \n\nDepending on the card, the only ways to not pay "annoying interest" are to not use the card or pay it off before the cut off date.\n\nJust pay what you owe, and learn from the experience.  Interest rates go up because of people like you.
249854
Depends on if you are the one writing them or recieving them.\n\nWriting:\n~Advantages:\n  -Money is not automatically deducted, so you can write at check at the store, and then go to the bank and put your money in later.\n  -No reciept required, you have a record right there in your carbon copy of how much you spent and where you spent it.\n  -If you still pay bills in the mail rather than online, it's much safer to send a check than a credit card number.\n  -Can't send cash in the mail.\n  -Don't know about you, but I don't carry much cash, so when I owe friends money, they don't accept credit cards.\n\n~Disadvantages:\n  -Checks cost money.\n  -Some places don't accept checks.\n  -Too much writing!\n\n\n\nStore/Vendor/Reciever of Checks:\n~Advantages:\n  -More customers, because they have more choices in how they can pay (the same with deciding to accept American Express or Discover or whatever else)\n  -No specialized machines required (although many stores have check readers or MICRs anyway).\n\n~Disadvantages:\n  -Bounced checks!  (In many cases, the one who the check was written to is who the bank holds responsible for bounced check fees.  It is then your responsibility to get the money from whoever wrote the bad check!)\n  -Can't always verify that they actually have the money.\n\nAnd if you're the bank, that gives you another way to get money out of people!\n\nI hope that helps!