Card Details
Interest Rates
Purchase: 21.99% - 29.99%*
Cash Advance: N/A*
Annual Fees
Main Card: $199
Additional Cards: $50
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
Welcome Bonus
- Earn up to 100,000 Membership Rewards® points with Amex’s best offer this year on this Card
- Earn 40,000 points after you spend $7,500 on your Card in your first 3 months of Cardmembership.
- Earn an additional 40,000 points after you spend a total of $30,000 on your Card in the first 12 months of Cardmembership.
- Plus, earn 20,000 points when you make a purchase between 15 and 17 months of Cardmembership.
- That’s $1,000 in statement credits that can be reinvested in your business.
- Offer ends August 18, 2025.
Card & Reward Type
Our Rating
4/5
Institution
American Express
Rewards
- 1x point per $1 spent on all purchases
- 10,000 points each quarter when you charge $20,000 in net purchases to your card
Insurance & Benefits
Insurance
Coverage
Mobile Device Insurance
$1,000
Flight Delay
$500Baggage Delay
$500
Hotel Burglary Insurance
$500
Lost or Stolen Baggage
$500
Travel Accident
$100,000.svg)
Car Rental Damage & Theft
yes
Purchase Protection
90 days
Extended Warranty
1 year
Benefits
Details
Amex Experiences™
Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex Experiences™.svg)
Travel Credit
Book two or more consecutive nights at participating properties through The Hotel Collection with American Express Travel to receive a $100 credit for amenities or a complimentary room upgrade, if available.
Priority Travel
Enjoy premium benefits at the Toronto Pearson Airport, including access to the Pearson Priority Security Lane and discount on parking.
Pros & Cons
Pros
- Flexible Rewards: Enjoy flexible Membership Rewards point conversion with up to 2.1 cents per point in average value.
- Travel Perks: Includes $100 annual travel credit when you spend at least 2 nights through booking with the Hotel Collection with American Express Travel
Cons
- Foreign Transaction Fees: A 2.5% fee applies to foreign transactions.
- Limited Travel Insurance: No travel medical insurance, trip cancellation or interruption coverage.
- Lower Acceptance: As an American Express card, it may have lower acceptance compared to Visa or Mastercard.
Legal
*Terms and conditions apply.
This charge Card has both Due in Full and Flexible Payment Option balances. All Due in Full balances must be paid each month. Interest rate of 30% applies to each delinquent Due in Full charge. This rate is effective from the day account is opened. The Preferred rate of 21.99% applies to your Flexible Payment Option balance. If you have 2 separate Missed Payments in a 12 month period, the Flexible Payment Option rate for your account will be 25.99%. If you have 3 or more separate Missed Payments in a 12 month period, the Flexible Payment Option Rate will be 29.99%. These rates are effective from the day the Flexible Payment Option is first available on your account.
Account must be in good standing. Membership Rewards points (points) earned by the Basic Cardmember on all purchases, less credits and adjustments. Interest charges, annual fees, other fees and cash equivalent transactions are not purchases and do not qualify for Membership Rewards points. A minimum purchase of $0.50 is required to earn points. Earn one (1) point for every $1.00 in eligible purchases charged to your card.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.