0 Interest Rate Credit Card

The American Express credit card which is also known as AMEX by vendors everywhere, is probably the most identifiable credit card the world over.  I’m willing to bet that you probably have a Visa card or a MasterCard in your arsenal of credit tools, but the AMEX is a highly desired credit card.  The Visa credit card, the MasterCard credit card and the American Express credit card are the most popular types of cards out there, but they also have some differences.

Visa and MasterCard credit cards are the most widely used cards out there because they are issued by banks.  I’ll bet your banking debit card is a Visa or MasterCard.  This is because they are methods of payments.  The two cards will allow businesses to take credit card payments from their charging systems.  Neither Visa nor MasterCard issue out these cards, instead they allow the banks to do so.  When you make a purchase with that credit card the payment goes to the issuing bank not to either one of the companies.

Now then, American Express works a bit differently.  They have their own processing system for payments and those payments go straight to American Express.  They are also the issuers to consumers. They have control from issuance to payments to credit increases or decreases all the way to cancellation.  Seeing the AMEX symbol or even just the credit card you automatically can tell who issued the card.  Obviously it wasn’t issued by a bank; it was issued by none other than American Express.

American Express credit cards, the company as a whole is seeking ways to expand their empire so they can keep up with Visa and MasterCard.  With over 25 million locations where their cards are being used, Visa and MasterCard are global, a global credit card.  American Express is not used as much around the world but some places abroad do accept it, just check with travel agents when going overseas.  Although you may have the other two in your possession so you should be okay.

One major difference between Visa and MasterCard and American Express is Visa and MasterCard are owned and operated by banks.  What this means is when you are looking to get a credit card you have to wade through numerous offers in order to find the best offer.  Those best offers are the ones with a smaller APR, a higher credit limit, or maybe no annual fee.  With American Express you can visit their website to learn what they are offering for terms, it does not change between offers.  They may, though, have introductory offers periodically or they may periodically lower the APR.  Whatever the case is you have to do your research to get the perfect credit card that meets your needs.

Several advantages to the American Express are that it is widely accepted in North America and Europe.  The card has many great features to it and is easily recognizable with its cool logo.  They offer great rates, excellent customer service, and some really good rewards.

Blue is a newer card from American Express that has an awesome 0 percent introductory offer for six months then returns to 11.99 percent, it has no annual fee and flexible payment options.  The rewards program can be better explained here.  They also offer you exception protection while using your card.

If you’re filthy rich and want an even better American Express credit card there’s the Centurion credit card from American Express.  However, in order to be able to get this card you have to be invited.  There is no application process for this card and its eligibility requirements are rather steep.  All I know is that you need to have an annual spending profile of $250,000.  There is also an initiation fee of about $5000.00 and an annual fee of $2500.00.  Needless to say you are required to have a substantial net worth.

In conclusion, there are a lot of credit cards out there and American Express is in the top three. They offer great benefits and rewards. The best way to get an American Express credit card is online through their website at www.AmericanExpress.com . When you receive the card you will be happy and you’ll be among a select group to own one.

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