In this post I wanted to take an in-depth look at the Amex Green Card, which is underrated and often overlooked. In my opinion is a great card for anyone looking to earn travel rewards in the long run.
American Express Green Card Basics For September 2021
The Amex Green Card has a reasonable annual fee, offers statements credits that can potentially more than offset the annual fee, and offers 3x points in categories that many will spend a lot in.
Combine that with the value of Membership Rewards points, and the other great cards out there you can complement that with, and this is a card that should interest many. So let’s take a closer look at the details.
Amex Green Card $150 Annual Fee
Let’s start off with what most people would consider to be the negative of the card. The Amex Green Card has a $150 annual fee. That might sound a bit on the steep side, but I think the benefits more than outweigh it.
Amex Green Card Welcome Bonus
The Amex Green Card’s welcome bonus varies depending on which link you apply through. For example, when I open this refer a friend link, I see a bonus of 50,000 Membership Rewards points, which is definitely among the higher offers I’ve seen on the card. Others may see a different offer, so you’ll want to see what you’re eligible for.
Earning Points With The Amex Green Card
This is where the Amex Green Card gets really awesome, as it’s one of the best cards for earning Amex points. The Amex Green Card offers 3x Membership Rewards points in some lucrative categories. I value Membership Rewards points at 1.7 cents each, so to me 3x points categories equate to a 5.1% return on spending, which is excellent.
Earn 3x Points On Dining
The Amex Green Card offers 3x points at restaurants globally with no limits. Generally speaking, the restaurants category doesn’t just include sit-down dining establishments, but you’ll often find that fast food establishments, cafes, and even takeout and delivery, code as restaurants as well.
It all comes down to how the merchant categorizes themselves. For example, a restaurant located inside another establishment (like inside a hotel) often won’t code as dining, so that’s something to be aware of.
Furthermore, expect that bars, nightclubs, cafeterias, and convenience stores, won’t code as restaurants. This is one of the better cards out there for dining purchases.
Earn 3x Points On Travel (Including Transit)
The Amex Green Card offers 3x points on travel purchases (including transit) globally with no limits.
You can expect this to include all kinds of travel purchases, including airfare, hotels, cruises, car rentals, campgrounds, trains, taxicabs, rideshare services, tours, ferries, tolls, parking, buses, subways, and third-party travel sites.
As you can see, this includes many purchases you might make in your day-to-day life without actually “traveling,” like ridesharing, as well as bus, train, and subway tickets.
No Foreign Transaction Fees
The Amex Green Card has no foreign transaction fees (Rates & Fees), so this is a great card to use for purchases abroad. That’s especially true when you consider how many foreign purchases are often in the travel and dining category. I’d say that’s a majority of what I spend money on when traveling.
Redeeming Points With The Amex Green Card
The best way to redeem your Amex Green Card points is to transfer them to one of the Membership Rewards airline or hotel partners. Points can be transferred to the following 20 partners, including 17 airline partners and three hotel partners:
Aer Lingus AerClub
Aeromexico Club Premier
Air Canada Aeroplan
ANA Mileage Club
Cathay Pacific Asia Miles
Hawaiian Airlines HawaiianMiles
Qantas Frequent Flyer
Singapore Airlines KrisFlyer
Virgin Atlantic Flying Club
The reason this represents such a good deal is because you can get outsized value towards international first and business class travel. These tickets are often super expensive if paying cash, while they can be a good deal on points. On top of that Amex often has transfer bonuses, which can stretch your points even further.
American Express Green Card Benefits
The Amex Green Card has some benefits that potentially more than offset the annual fee on the card. This includes two $100 annual credits that many may find useful.
Amex Green Card Annual $100 CLEAR Credit
Historically so many credit cards have offered TSA Pre-Check and Global Entry fee credits, though it’s great to see some cards increasingly offering CLEAR credits instead.
The Green from Amex offers up to $100 per calendar year in CLEAR statement credits. What’s also awesome is that this is annual, and not once every four to five years, like the TSA Pre-Check credit would usually be.
Just use your card when you pay for your CLEAR membership, and you’ll automatically receive statement credits within two to four weeks of when your card is charged.
Ordinarily, a CLEAR membership costs $179 per year, but just for being a member (even without status) of Delta SkyMiles or United MileagePlus, that cost is reduced to $119 per year. If you have Delta Medallion or United Premier status, or select co-branded credit cards, it’s even lower than that.
Realistically no one should be paying more than $119 per year for CLEAR, and that $100 credit would bring down your out of pocket to $19 per year, which is awesome.
Amex Green Card Annual $100 LoungeBuddy Credits
In 2019 Amex acquired LoungeBuddy, and this is the first card to add a LoungeBuddy credit as a benefit.
The Green from Amex offers up to $100 per calendar year in LoungeBuddy statement credits when you buy lounge access and charge it to your card.
LoungeBuddy lets you instantly buy access to hundreds of lounges around the world. Now, in fairness, there is quite some overlap between LoungeBuddy’s lounges and those belonging to Priority Pass, so this may not be all that useful to everyone.
However, LoungeBuddy does also have some unique partner lounges that don’t belong to Priority Pass.
Statement credits with this should post within two to four weeks.
One of the great features of Amex cards is access to Amex Offers, which offers savings or bonus points on purchases with all kinds of retailers. There’s huge value to be had in getting as many Amex cards as possible, so that you can get these offers on multiple cards.
Amex Offers could save you hundreds of dollars per year. You can access these offers by logging into your account and scrolling down to the bottom of your account summary page.
Is The Amex Green Card Worth It?
The Amex Green Card has a unique place in Amex’s card portfolio, thanks to the very broad bonus categories. The card offers 3x points on dining and travel, has a fairly reasonable $150 annual fee to begin with, and that gets even better when you consider the $200 in credits you can take advantage of annually.
If you’re someone who finds Amex points to be valuable and you spend a lot on dining and travel (which are major categories), then I think this card is a no brainer. Let’s just look at a few other things to consider when deciding if this card makes sense.
Quick Card Comparison: Amex Green Vs. Amex Gold
There’s also the American Express® Gold Card, so how do the two cards compare? The Gold Card:
- Has a $250 annual fee (Rates & Fees)
- Earns 4x points at restaurants, 4x points at U.S. supermarkets (on up to $25,000 of spending per calendar year), and 3x points on airfare
- The card offers significant credits, including up to a $120 annual dining credit, up to a $120 annual Uber credit (as of 2021), and up to $100 annual airline fee credit (this last credit ends on December 31, 2021)
Personally I think the Amex Green Card is better for those who don’t shop a lot at supermarkets, while the Amex Gold Card is better for those who spend a lot at supermarkets.
Quick Card Comparison: Amex Green Vs. Chase Sapphire Preferred
The Chase Sapphire Preferred® Card is another incredibly popular card that earns bonus points on dining and travel. How do the two cards compare? The Sapphire Preferred:
- Has a $95 annual fee
- Has a welcome bonus of 100,000 points (which is far superior)
- Earns 3x points on dining, online groceries, and streaming services, and 2x points on travel (which isn’t as good, since the Amex Green earns 3x points on both, and on a per point basis I value the currencies equally)
- Offers super travel protection, including car rental coverage (which the Amex Green doesn’t)
- Offers a $50 annual hotel credit valid through Chase Travel, compared to the Amex Green’s $100 CLEAR credit and $100 LoungeBuddy credit
- Offers more flexible ways to redeem your points, including the “Pay Yourself Back” feature
Individually I think the Amex Green might be superior to the Sapphire Preferred in terms of maximizing points. The catch is that I think the Sapphire Preferred is a better “hub” card, given the value you can create by having Chase Ultimate Rewards cards.
Quick Card Comparison: Amex Green Vs. Citi Premier
The Citi Premier® Card is another comparable mid-range card that is a competitor to this card. How do the cards compare? The Citi Premier:
- Has a $95 annual fee
- Has a superior welcome bonus of 80,000 points after you spend $4,000 within the first three months of card membership
- Earns 3x points on dining, groceries, gas, air travel, and hotels, making this the mid-range card with the best bonus categories
Complement: Amex Blue Business Plus
If I were to get the Amex Green Card and complement it with one other Amex card, I’d recommend The Blue Business® Plus Credit Card from American Express, which offers 2x points on the first $50,000 spent every calendar year (1x after $50,000).
It’s a pretty unbeatable combination to earn 2x points on everyday business spending and 3x points on personal dining and travel spending.
The Amex Green Card is one of my favorite mid-range American Express cards. The $150 annual fee card offers 3x points on dining, travel, and transit, and offers up to $200 in annual credits ($100 with CLEAR and $100 with LoungeBuddy).
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Gold Card (Rates & Fees), and American Express® Green Card (Rates & Fees).