Why Is American Express Good? Top Reasons for 2024 (2024)

American Express is good because its credit cards offer customers a wide selection of bonus rewards in popular purchase categories. American Express credit cards also have an assortment of lucrative welcome offers, introductory 0% APR offers, and luxury travel benefits. As a result, American Express cards are often considered to be among the most prestigious credit cards on the market. Plus, they are designed for people with good or excellent credit.

What you should know before getting an American Express credit card:

Although American Express has several decent credit cards with $0 annual fees, the issuer also offers elite credit cards. The Platinum Card® from American Express, for example, offers a wealth of premium travel perks for people who don’t mind shelling out $695 a year to cover the card’s annual fee.

In addition, the Blue Cash Preferred® Card from American Express gives stellar rewards on grocery purchases at U.S. supermarkets and streaming services in the U.S. for an annual fee of $0 intro 1st yr, $95 after. These cards are well worth the cost when used correctly, though.

Here’s why the American Express credit cards are good to have:

• They offer generous offers and rewards. Amex cards generally offer lucrative rewards, with high earning rates on popular spending categories, along with high welcome bonuses for new cardholders.
• There are plenty of membership benefits. Some American Express cards offer travel insurance and purchase benefits, along with concierge services. In addition, all Amex cards also come with $0 fraud liability protection.
• Various perks for every need. American Express offers introductory 0% APRs, $0 annual fees, or luxury travel benefits, depending on the card. So, there are plenty of options to choose from, based on your financial needs.

Here are some notable American Express cards:

It is worth noting that American Express cards are geared toward customers with above-average credit. So, there are no options for students, or for people looking to establish or rebuild their credit. In addition, American Express cards are still not as widely accepted as credit cards on the Visa and Mastercard networks.