Offer and Redeem Link – https://americanexpress.com/en-us/referral/all-cards?ref=SARAVMeHRE&XL=MIMNS
American Express (Amex) credit cards are known for offering attractive welcome bonuses and a range of benefits designed to cater to different financial needs. Below are details about Amex’s welcome bonuses and the cards best for credit approval:
Amex Credit Cards Welcome Bonuses
- American Express® Gold Card:
- Welcome Bonus: Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases in the first 6 months.
- Rewards: 4x points on dining at restaurants, including takeout and delivery, 3x points on flights booked directly with airlines, and 1x on other purchases.
- American Express® Platinum Card:
- Welcome Bonus: Earn 80,000 Membership Rewards® points after spending $6,000 on purchases in the first 6 months.
- Rewards: 5x points on flights booked directly with airlines or on amextravel.com, 5x on prepaid hotels booked through Amex Travel.
- Blue Cash Preferred® Card from American Express:
- Welcome Bonus: Earn $350 statement credit after spending $3,000 on purchases in the first 6 months.
- Rewards: 6% cashback on groceries (up to $6,000 per year), 3% on gas, and 1% on other purchases.
- American Express® Green Card:
- Welcome Bonus: Earn 45,000 Membership Rewards® points after spending $2,000 in the first 6 months.
- Rewards: 3x points on travel, restaurants, and transit.
Best Amex Cards for Credit Approval
- American Express® Blue Cash Everyday® Card:
- Best for: Individuals with good to excellent credit. This card has no annual fee and offers cashback on everyday purchases, making it easier to get approved for those starting their credit journey or looking for simpler rewards.
- Approval Chances: Good for individuals with fair to excellent credit.
- American Express® Gold Card:
- Best for: Those with good credit who want to earn significant rewards on dining and travel. While it does come with a higher annual fee, the benefits and rewards it offers make it appealing to many.
- Approval Chances: Moderate to excellent credit needed for approval.
- American Express® Platinum Card:
- Best for: Frequent travelers who want premium perks like access to airport lounges and elite status with certain hotels. This card has a higher approval requirement due to its premium status and hefty annual fee.
- Approval Chances: Excellent credit required for approval.
- American Express® Blue Business Cash™ Card:
- Best for: Small business owners with good credit. It offers 2% cashback on the first $50,000 in purchases each year, making it a great option for business owners looking to earn rewards while maintaining manageable fees.
- Approval Chances: Fair to good credit.
How to Improve Your Chances of Approval for Amex Cards:
- Maintain a Good Credit Score: For most Amex cards, a good to excellent credit score is recommended, typically around 700 or higher.
- Consider a Lower-tier Card: If you’re new to credit or rebuilding, start with a no-annual-fee card like the Blue Cash Everyday® Card to increase your approval chances.
- Review Your Credit Report: Make sure there are no errors on your credit report that could affect your approval chances.
- Income and Debt-to-Income Ratio: Ensure your income is sufficient to handle the credit card’s spending limits, and your debt-to-income ratio is healthy.
Amex credit cards are highly regarded for their welcome bonuses, excellent rewards, and premium benefits, but approval for the best offers often depends on your credit profile and financial situation.