The Amazon Rewards Visa Card from American Express is one of many rewards programs offered by AMEX. It is perfect for online retailers and merchants that process credit card transactions. There are other credit cards from other issuers that are better suited for certain kinds of business. However, none offer as much rewards as the Amazon Rewards Visa Card from AMEX. It is especially beneficial to those who shop at Amazon. The AMEX card has no annual fee, which makes it more attractive to frequent shoppers.
This credit card can be used just like any regular Visa or MasterCard. They offer benefits such as cash back, merchant account, air miles, gas rewards and more. Many AMEX cardholders reported that they have not received a lot of interest in the Amazon rewards program, but many of them reported positive customer experiences. For instance, some reported that their experiences with the AMEX program were nothing like others reported. Others said that they have had issues with excess fees and foreign transaction fee. These are common complaints among AMEX cardholders.
Many of the AMEX cardholders complained about the foreign transaction fees, which are paid by the cardholder when making the purchase of goods at Amazon. However, AMEX says that they will waive some of these fees for specific promotions. However, there are still some who are wondering how AMEX defines “promotions” and “freebies”. One way to determine whether or not you're getting the full value of your reward is to read the fine print.
The American Express Rewards Visa Card lets you earn points toward spending on certain items and services at participating retailers. You can earn up to two percent points for every dollar you charge to the credit card. However, there are some catches to the earning potential. You will need to pay an annual fee of $99 to join. You also have to meet a set of minimum account requirements before you can earn the two percent rewards.
Amex has introduced a new credit card called the Amex Blue Cash Rewards Visa Signature. It follows the same format as the AMEX Rewards Visa Card, wherein you can earn points toward purchases at participating retailers. The only difference between this card and the AMEX Rewards Visa Card is that you don't pay an annual fee. You also don't have to meet a set of minimum account requirements. You can cash-back your purchases and use the cash-back credit card at any time including for online purchases and ATM transactions.
You can combine the benefits of the Amazon rewards card with other perks offered by Amex. For instance, if you use your credit card at a participating gasoline station, the cash back rewards can add up to a significant amount. And you can make even more money if you use rebates when you make purchases at selected retailers. The only drawback is that you usually won't receive cash back on gas purchases made with your Amex Blue Cash Visa Signature card. You can't cash-back airline tickets or hotel accommodations, however.
There are many ways to abuse the cash-back program of the Amex Blue Cash Visa Signature, so be careful in your spending. You will get very little reward for the amount of money you spend on gas, airline tickets, and other purchases. You can earn cash-back on interest paid on purchases, but the annual fee makes this unattractive for most people. For those who have a lot of expendable income, it's usually not worth paying the annual fee for the cash-back benefits. For those looking to build a nest egg, though, it's a good way to start.
In fact, the biggest problem with the Amex Blue Cash Visa Signature is that it offers no protection from fraud. The major security breach that brought about the cancellation of this card happened because one of card members sent emails to someone else that contained harmful viruses. This harmed a lot of people, including some businesses. Thankfully, the Amex customer service department responded quickly and fixed the problem. Other than that, the card has been a great service for many people. With the many perks and low annual fee, there is no reason not to sign up for this card.