Simple Guidance For You In Personal Savings Amex

by Pustaka Ilmu September 28, 2021 Post a Comment

Are you familiar with Personal Savings Amex? If not, here is a quick review of the same. Personal savings Atex is one of the latest credit cards to be launched by Amex. What it does is it enables you to accumulate a certain amount of money as savings in a separate account and hence borrow money from the card for other purposes.

Now, let us focus on how to qualify for this card. To qualify for the card, you will have to open a checking and savings account separately with Amex. After opening both the accounts, check the status of your accounts to make sure that they are also active. Once you are satisfied with both accounts, go online and apply for the card. If you have a mix of personal and business credit, then your credit limit will be determined on the basis of the combined amount of both accounts.

In case you are a non-business account holder and wish to avail of the benefit of the personal card, then make sure that your personal and business accounts are always updated so that Amex finds you a suitable customer. Otherwise, it may take some time for the company to find you an appropriate customer. On the other hand, if your personal and business accounts are closed, then you will have no option but to continue with the standard card provided.

There are many perks associated with this card. For one, you get one free ATM card with the same card. Another perk is that you will get your full access to all the travel facilities offered by Amex including air flights, taxis and rental cars. The perks and benefits do not end here, as you also get discounts when shopping at grocery stores, movie theatres, travel agencies and even on car rentals and hotel reservations.

If you have been using your credit card extensively for making purchases, then perhaps now is the right time to transfer your balance to this card. This is possible only if you have not made use of your card for more than two months. If you have been making regular monthly purchases for at least one year, then you can easily apply for this card. You should remember that you will have to pay a higher APR of 18% or more to transfer money from your credit cards to this card. So, you should be aware of your priorities.

It has been observed that there are many people who have been carrying around lots of credit cards, which they often do not bother to make a single cent payment on them. They are so carried away with their desires that they do not realize that there are debts lurking in the shadows. Only after the card bills start pouring in that they realize the extent of their mismanagement. In this situation, they should remember that only with this card they can easily manage to settle all their cash demands at once which can help them to save money for other needs.

Baca Juga

However, you should not use this card for every little purpose that you want to make. Instead, always focus on using the card only when it is really important. It is because a small purchase can turn out to be very expensive in the future. Hence, it is always better to keep some money in your pocket which you can use later on. This is where Amex personal card helps.

Amex personal savings offers a lot of facilities for its customers. The card holder gets to enjoy low APRs along with a range of great benefits. It is also possible for one to get a refund if he is not satisfied with the services provided by the bank. So, you should go for this card if you truly wish to make your life easier. Amex has truly made personal savings, an easy option to handle your money in a trouble free manner.