i haved paied all my bills on time and i have a checking and savings account. iv been at my current job for 30 months and i have never made a late payment. im a student and i work part time making about 150 a week. should i apply for the amex or should i wait?
2007-09-20 09:03:07 · 7 answers · asked by N8 2 in Business & Finance ➔ Personal Finance
Why? When I was about your age I got an American Express card, but it was mainly to boost my ego. Most places do not exclusively take American Express. It is a good thing that you don't get into credit card debt, so be sure to always pay off your monthly bill in full. Credit card interest is terrible, and debt can balloon very quickly. If I were you, I would keep it simple. I personally use a Discover card whenever I can just to get the cash back bonus.
2007-09-20 09:18:14 · answer #1 · answered by rod85 6 · 0⤊ 0⤋
It's good news folks for all Bank of America fans. Open your arms to receive the Rewards American Express Card from Bank of America. What makes this credit card special is that it will be readily accepted across the global network of American Express . Proudly called the Bank of America - Rewards™ American Express Card, it brings together the goodness of both the Bank of America and American Express. Let us look at some of its features.
Basic features highlights
1. 0% Introductory APR (Annual Percentage Rate) on balance transfers and cash advance checks for first 12 billing cycles.
2. Low fixed interest rates after the introductory rate has expired.
3. No annual fee.
4. Option to pay over time.
5. Emergency services such as replacement of prescription, physicians, hospitals, and referrals as well as legal referral services.
6. Extended warranty protection on purchases from scheduled outlets
7. Insurances for accident, damage and rental loss, while traveling
8. Protection against damage or theft of the card
Go to : http://www.credit-card-gallery.com/American_Express.html and check out all popular American Express credit cards. Choose a best one according to your choice and apply online.
2007-09-21 00:06:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can apply but having 2 credit cards doesn't mean you should run up balances on both of them. Use the cards but pay them off in full every month. You might want to use just one on a regular basis and keep the other for emergencies.
2007-09-20 09:15:33 · answer #3 · answered by bdancer222 7 · 1⤊ 0⤋
Don't get an American Express card till after you graduate college and get a full time job this way you can earn more points.
2007-09-20 09:20:14 · answer #4 · answered by theamericanbombers 4 · 0⤊ 0⤋
I wouldn't because I got one credit card and then another and then I had like 5. I was in over my head with debt. I had to pay them off and cancel my accounts. I now only have one and use it very rarely. Credit cards can get you in a lot of trouble. Be careful!
2007-09-20 09:12:35 · answer #5 · answered by Mortisha 4 · 2⤊ 0⤋
American Excuse oops I mean Express is a poor card. Get a Visa.
2007-09-20 14:08:10 · answer #6 · answered by Gary 5 · 0⤊ 1⤋
No just use your debit card
2007-09-20 09:32:03 · answer #7 · answered by Anonymous · 0⤊ 0⤋