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| Name | Amex Green Card CANCELED! (Here’s Why…) |
| Video Uploader | Video From Mark Reese // Credit & Finance |
| Upload Date | This Video Uploaded At 14-02-2023 18:28:55 |
| Video Discription | 🤑 Get up to 15 Free Stocks from moomoo: https://markscreditcards.com/moomoo 💳 Is the Amex Green Card worth it? Maybe for you, but not for me! Here are 5 reasons why I canceled. Click “Show More” to see Ad Disclosure, links, and additional information below. 💳👉VIEW CREDIT CARD OFFERS! http://markscreditcards.com/offers 💥🏢BILT CREDIT CARD https://markscreditcards.com/bilt 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten 🏦 SOFI CHECKING & SAVINGS – Get $25 FREE (or more w/ direct deposit) http://markscreditcards.com/sofibanking 📲 MAXREWARDS - Manage credit cards & rewards! Get Gold level for free with PROMO CODE = markr http://markscreditcards.com/maxrewards 📈 GET FREE STOCKS FROM WEBULL when you open an account & make a deposit: http://markscreditcards.com/webull 🔐 AURA – Identity Theft Protection & More! Get Your 2-Week Free Trial: https://aura.com/markreese 🥇 CHANNEL MEMBERSHIP - VIP PERKS! http://markscreditcards.com/join The Amex Green Card is actually a great travel credit card. It earns Amex Membership Rewards points which are among the best rewards to redeem for flights, and it has some excellent 3X rewards categories that cover a lot of areas. However, since having the card since 2018, the value proposition has decreased for me and it no longer fits into my overall credit card strategy. Here are my reasons for canceling the American Express Green Card… Reason #1: I have no use for the $189 CLEAR Credit. CLEAR is great for expedited security at the airport and other participating locations (like stadiums). However, I also have the Amex Platinum Card which offers the exact same credit. Since I have no need for a second, this has no value for me. Reason #2: I have no use for the $100 LoungeBuddy Credit. LoungeBuddy was acquired by Amex in 2019 and it allows you to buy day passes to airport lounges around the world. However, many of those lounges also participate in Priority Pass and/or the Plaza Premium programs. I have access to those networks through the American Express Platinum Card, too, so this is another overlap in benefits that doesn’t make sense for me. Reason #3: I only use the Amex Green Card for a few rewards categories, like rideshares, parking, tolls, and non-chain hotels. But…I also have other credit cards to cover those categories. This could mean using my Chase Sapphire Preferred credit card, my U.S. Bank Altitude Reserve card, or my Wells Fargo Propel card (which has since been replaced by the newer Wells Fargo Autograph card, offering virtually the same 3X categories with no annual fee). Reason #4: My annual spend is too small. Since I cannot use the 2 credits mentioned above, I’d have to earn enough Amex Membership Rewards points each year to break even with the $150 annual fee and then get into profit. However, my spend isn’t large enough to make that happen. Reason #5: I didn’t get an Amex retention offer this year. So, while I do think the Amex Green Card is an excellent product, it’s just not right for me at the moment. For the reasons listed, I decided to cancel the card. Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #americanexpress #amex |
| Category | Howto & Style |
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