American Express, also known as Amex, is an American multinational financial services company based in the global financial center (building number 3). The company was founded in 1850 and is one of the 30 Dow Jones Industrial Average Components. This financial system is active in the field of issuing various types of credit cards, prepaid cards and traveler’s checks. It is one of the four leading financial and payment institutions along with Visa Card, MasterCard and Discovery Card.
In 2016, American Express’s credit cards accounted for 22.9 percent of the total value of credit card transactions in the United States. On December 31, 2017, the company was running 112.8 million cards, including 50 million cards in the United States, with an average of $ 18,519 annually paid out each year.
In 2017, Forbes magazine named this financial system as the twenty-third most valuable brand in the world (and the highest in financial services). The brand is estimated to cost about $ 24.5 billion. In 2018, Fortune magazine named American Express as the 14th most popular company in the world and the 23rd most suitable company for work.
The logo of the financial services company, which was designed in 1958, is a gladiator or hero depicted in American Express’s traveler’s checks and credit cards.
Different American Express Cards
A variety of American Express cards are available for individuals, small businesses, and legal entities in the United States and around the world:
- Personal Card
- Small Business Card
- Corporate Card
- Serve Card
If you are looking for an international credit card that allows you to buy from stores, business centers, and websites all over the world, and get a cash reward for each transaction, PayPax’s offer will definitely be American Express. There are three general categories in relation to the American Express Credit Card rating system. These cards are categorized according to their color and they are awarded based on customer points.
This is one of the bank cards used to sign up for American Express, which offers benefits in the membership rewards program. With your Green Card, you will receive a one point for each dollar and receive two points for bookings made through the American Express Travel service. Points can be used to buy goods, gift cards, travel reservations, airplane tickets or hotel costs. The American Express Travel Service includes travel insurance and damage to car rentals.
This credit card will be covered by warranty and return protection policies when you purchase. There is an annual cost of $ 95 for this card that will not be received in the first year and a 2.7% fee for all transactions processed outside the United States.
Premier Rewards Gold Card
Currently, these types of credit cards include traditional golden cards and Premier Rewards Gold cards. The Gold Card offers the standard of any service that the Green Card offers. Standard Gold Card holders can get unique benefits when booking a hotel accommodation in some hotels, including a $75 credit for meals and recreational activities during a stay of at least two nights. There is an annual fee of $160 for this card that will not be received the first year and there is no external fee.
The Premier Rewards Gold card is superior to the standard Golden Card, with benefits such as providing 3x credit points for direct flights to airlines and 2x points at US gas stations and supermarkets. The card also includes an airline ticket worth $100 a year that can be used for airline services and other items. There is an annual cost of $195 for this card, which is not received for the first year, and there is no external fee.
Unlike the Gold Card, you will receive one point for spending one dollar with American Express Platinum Card credit and earn double points for bookings through the American Express Travel service. (Like a Green Card), but in other cases it has many advantages over Gold ones. Owners of these cards will benefit from access to several airports, such as Delta Sky Club, Priority Pass Select, and Clubs Centurion American Express. Other benefits include the $200 annual airline credit and the $100 credit for using the Global Entry system. There is an annual cost of $550 for this card, which is not received for the first year, and there is no external fee.
Advantages of American Express
Compatible with payment software
American Express is compatible with software such as Google Pay, Apple Pay and Samsung Pay. Just add your credit card in the corresponding software; then you can easily make payments at any place.
If you make a fraudulent transaction, American Express will offer you a fraud protection guarantee and you will not be held responsible for the transaction. American Express policies are highly respected in terms of reciprocating goods and warranty service.
American Express manages one of the biggest travel networks in the world. It is also one of the biggest traveler’s checks issuers in the world.