Amazon has recently introduced two credit cards from their newest partner, American Express. They are offering the AMEX Blue Cash card and the AMEX Gold Card. Both are easy to apply for and both have their own benefits. However, there are some differences between these two cards that might help you determine which one to get. Here are the main differences:
The AMEX Blue Cash card offers cash back on all purchases you make, up to a maximum of $1000. You have to pay the cash fee each month, but it is well worth the nominal fee. You can use this card anywhere Visa and MasterCard are accepted, including gas stations, department stores, drugstores, gift shops, etc. The only downfall with this card is that you can't cash back your points back with the AMEX Gold Card or with the American Express credit card you may already have.
The American Express card is a little more flexible. It offers cash back only up to a specific percentage of the purchase price. You do, however, have the option of paying the balance in full each month, which I think is a good way to build your credit history. You also get a grace period of up to a year before they will charge you the balance again, if you haven't used your card in that time.
Both cards allow you to choose from a range of rewards. They do differ a little bit in terms of what rewards are available. Each card offers with different cash back percentages for gas, restaurants, hotels, car rentals, travel, department store purchases, and so on. This means that you can get more or less cash back from the card that you end up choosing. If you are looking to build credit by using the card to pay off an expensive balance you may consider one of these cards, as they seem to have decent rates for the amount of money spent each month.
These are cards that are offered to anyone who wants an opportunity to build their credit. You can find these cards advertised online, in newspapers, magazines and even on TV. If you don't have a lot of cash to spend on one of these cards, it is probably not a good idea to go with it, unless you are really bad at managing your money. This is because the interest rates can be high and the fees can be high as well. However, this type of credit card is ideal to those who have the discipline to use the card wisely.
It's a good idea to look into all of your options, especially if you are looking to get a new credit card. It's important to make sure you take your research into consideration, as there are a wide variety of rates and fees associated with these cards. You'll want to pay special attention to the interest rates, because these rates often determine how much you end up paying in the end.
When you are applying for one of these Amazon cards, it's important to understand the terms and conditions of the program. . . . . . . Most cards will charge you a fee for any unused portion of the credit. This means that you have to pay out of pocket for something that you may not even be able to use. It's important to read through all of the terms of the Amazon Small Business Credit Card Program so that you are fully aware of what you will be charged for using the card. In some cases there may be a limit on the number of times that you can charge on the card or a fee for just using the card. Make sure you are completely comfortable with the terms before signing on the dotted line.
Remember that the interest rate on any Amazon Small Business Credit Cards will vary from card to card. Therefore it is a good idea to compare them before you apply for one. This is especially true if you are looking to get a credit card with favorable terms and a low interest rate.