Are AMEX credit cards considered as "prestigious cards," setting aside rewards, etc?

Question

I understand majority of AMEX cards ask for high standards for qualification. So is having an AMEX card similar to owning a Mercedes or Lexus versus a Chase or Bank of America credit card?

Answer 1

I think the standards have lowered in recent years. It use to be that American Express cards had huge limits but you had to pay the balance in full each month. That made them very good for business purposes.

But now they have a variety of cards that allow balances and have less stringent credit requirements. They still have limited acceptance. I wouldn't recommend them for everyday usage.

Answer 2

American Blue Express Credit card: Apart from no annual fee feature of the American Blue Express it also gives cash returns on specific purchases. Users of the American Blue Express also enjoy protection against fraud for online credit card transactions. This card tries to right the various wrong notions about the American Express credit cards, one of which is that it is a credit card only for rich or those who have money to keep a credit card.
http://www.complete-debt-info.com/category/American-Blue-Express-Credit-Card.html

Answer 3

not sure bout that i'm not rich i have one they are mostly go0d on customer service and reward profram is best problem is u need another cause not everywhere takes them.