[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Amex has created a lucrative offer for their popular baby "Preferred Rewards Gold Card." A couple of carrots which make this product attractive are a sign-up bonus of 10,000 Membership Rewards Bonus Points (equivalent to a $100 gift card) and an annual fee waiver for the first year (worth $125)!
- Bonus: We can earn 10,000 Membership Rewards® bonus points after our first purchase with the Card, redeemable for a $100 gift card.
- Fee Waiver: The annual fees for the Preferred Rewards Gold Card and the Additional Preferred Rewards Gold Card will be waived for the first year. Thereafter, the annual fee will be $125 for the Basic Card and $35 for up to 5 Additional Cards and $35 for each Additional Card after the first five.
- Rewards:
- Earn 1 point for virtually every dollar spent on Card purchases.
- Redeem points for rewards from 20 airlines, hundreds of hotels worldwide, vacation packages, over 50 cruise itineraries, and spa retreats.
- Transfer points into 16 frequent flyer programs: 1 point for 1 airline mile with most programs.
- Redeem points for rewards from over 50 of the finest names in shopping and entertainment, including Saks Fifth Avenue, Dell Computer, Callaway Golf, and The Sharper Image.
- Points have no expiration date.
- There is no limit to the number of points we can earn.
- Other Benefits:
- Gold Card Events : Exclusive access to tickets for select concerts, shows, major sporting events, and more in cities nationwide.
- Shopping: Card holders enjoy the following services for a smooth shopping experience:
- Fraud Protection Guarantee
Use the American Express Card online or off, and you won't be held responsible for any unauthorized charges. Period. No fine print, no deductible-just pure protection, so you can shop with confidence. - Return Protection
If you try to return a designated item within 90 days from the date of purchase and the merchant won't take it back, American Express will refund the full purchase price, up to $300 per item, excluding shipping and handling and up to a maximum of $1,000 annually per Card Account. - Save with American Express SelectsSM from American Express
Offers, savings, entertainment, and special events. American Express Selects puts together great brands, Online ExtrasSM, and much more - all in one great place. - Buyer's Assurance Plan
With the Buyer's Assurance Plan, you can shop worry-free knowing that the terms of the original manufacturer's warranty will be matched up to one additional year, on warranties of five years or less that are eligible in the U.S. - Purchase Protection Plan
Shop with confidence and the Purchase Protection Plan, which protects eligible purchases made with the Card against accidental damage and theft for up to 90 days from the date of purchase. - Travel Protection Services: Amex is offering a host of services for travel purchases made with this card.
- American Express Preferred Rewards Travel Service
It pays to let American Express Travel plan your family or traveling party's vacation! Now, when you use the Card to book your getaway with American Express Travel, you'll not only enjoy a perfectly planned vacation, but if you qualify you'll also receive a credit to your account of up to $100 once a year. Call 1-866-AXP-6805 to learn more. - Global Assist® Hotline
Whenever you travel more than 100 miles from home, you have security and peace of mind 24/7 with medical, legal, financial or other emergency assistance, including medical and legal referrals, visa/passport help, roadside assistance, cash access and more. - Baggage Insurance Plan
Travel in comfort knowing you are covered by the Baggage Insurance Plan when you purchase your Common Carrier tickets on your Card. Coverage is provided for up to $1,250 for carry-on baggage and up to $500 for checked baggage. - Emergency Check-In
Emergency Check-In enables a Card member to check into a hotel and charge his/her stay with the Card, even if the Card has been lost or stolen. - Assured Reservations
Guarantee all your hotel and motel reservations with your American Express Card account and your room will be waiting for you even if you arrive late. If you have an assured reservation and your room is not available, the hotel or motel will provide you with a comparable room that is nearby, along with transportation to your new location and a 3-minute phone call. - Car Rental Loss and Damage Insurance
Relax and enjoy the ride when you use your eligible Card to reserve and pay for an auto rental! The Car Rental Loss and Damage Insurance Plan provides coverage for theft of or damage to most rental vehicles. Simply decline the collision damage waiver (CDW) or similar option offered by the Commercial Car Rental Company. This coverage is excess to your other sources of insurance. Coverage applies for the first 30 days of an auto rental if rented from a Car Rental Company. Just call 1-800-338-1670 for more information and eligibility requirements. - Emergency Card Replacement
Enjoy the security and convenience of access to Emergency Card Replacement services by calling 1-800-964-8542. - Travel Accident Insurance
Protect yourself and your family with up to $100,000 in Travel Accident Insurance*. Automatic coverage for accidental death and dismemberment insurance while traveling on a Common Carrier Conveyance (plane, train, helicopter, ship, or bus) when the entire fare has been charged to the Card. - Emergency Check Cashing
Get access to cash when you need it most, at more than 1,700 American Express Travel Service locations worldwide. You can receive up to $10,000 per account every 30 days in the U.S. and abroad. For details, call 1-800-327-2177.
To summarize: Amex is offering a host of attractive services along with a standard cash back of 1% on purchases made with this card. It is to be noted that there might be service fees associated with one or more of the services offered with this card.
Since Amex has waived the hefty annual fees for the first year, it might be worth to give it a try and pocket a $100 gift-card as a sign-up bonus. We are looking forward towards your opinion and experiences with this deal.
Since Amex has waived the hefty annual fees for the first year, it might be worth to give it a try and pocket a $100 gift-card as a sign-up bonus. We are looking forward towards your opinion and experiences with this deal.