American Express® Green Card review: In the same league as Gold and Platinum?

The American Express® Green Card offers an interesting rewards structure for applicants who want to earn more points on dining and travel, as well as some important credits that can make the $150 annual fee easier to justify.

Additionally, this card boasts payment and purchase flexibility that allows you to pay in full each month or carry a balance with interest on eligible purchases. The Amex Green Card also comes with a surprising number of consumer protections and benefits that can protect cardholders when they travel or make large purchases.

The best part is the Amex Green Card lets you rack up valuable points in the American Express Membership Rewards program, which is known for its flexibility and valuable transfer partners.

(see rates and fees)

Quick highlights

• Rewards rate: Earn 3X Membership Rewards points in expanded travel categories (including airfare, hotels, transit, cruises, campgrounds, vacation rentals, taxis, ride-share services, rental cars and tours), 3X points on eligible purchases at restaurants worldwide, including takeout and delivery in the U.S and 1X points on all other purchases
• Welcome offer: Earn 60,000 Membership Rewards® Points after you spend $3,000 on purchases on your new Card in your first 6 months of Card Membership. Plus, earn 20 percent back on eligible travel and transit purchases made during your first six months of card membership, up to $200 back in the form of a statement credit.
• Annual fee: $150
• Purchase intro APR: None
• Balance transfer intro APR: None
• Regular APR (Pay Over Time): 21.24 percent to 29.24 percent variable APR

Current welcome offer

The Amex Green Card has taken it up a notch with its latest welcome offer. New cardholders can earn 60,000 points after spending $3,000 on purchases on the card in the first six months Additionally, cardholders can earn 20 percent back on eligible travel and transit purchases made during the first six months of card membership, up to $200 back in the form of a statement credit.

The value of 60,000 Membership Rewards points will vary based on how you redeem them. If you take advantage of Amex’s travel partners, you could squeeze an average of 2.1 cents in value out of each point according to Bankrate's latest valuations, making this offer worth up to $1,260.

Rewards rate

This card lets you rack up American Express Membership Rewards points in expanded travel categories and on dining worldwide. However, there’s a lot to understand about this card’s earning structure and potential redemption options, including those for travel.

Earning rewards

Cardmembers can earn unlimited 3X Membership Rewards points for travel purchases on both third-party websites and through the American Express Travel portal. They also earn 3X points at restaurants worldwide (including takeout and delivery limited to U.S. restaurants), 3X points on transit and 1X points on all other purchases. The travel category for the Amex Green is especially notable compared to other mid-tier travel cards, since many eligible purchases go beyond basic airfare and hotels. Eligible purchases include more unique travel options like cruises, campgrounds and even vacation rentals. Whether you prefer to take a road trip, catch a flight or set sail, the Amex Green card’s expansive travel category has you covered. 

Redeeming rewards

You can redeem American Express Membership Rewards points for cash back, merchandise, gift cards and travel through the Amex Travel portal. Cardholders can use points at checkout with select merchants and for prepaid rental cars booked through Amex Travel. You can also transfer American Express Membership Rewards points to airline and hotel transfer partners like Hilton Honors, Delta SkyMiles, Air France / Flying Blue and more.

American Express Membership Rewards are some of the most valuable points you can earn, holding a 2.1 cent redemption value, on average, according to Bankrate's valuations. 

The Amex Membership Rewards program is flexible because cardholders have plenty of options to choose from, but some redemption options are more rewarding than others. You’ll typically want to use points on options that give you a point value of at least 1 cent apiece. So booking flights with American Express Travel, selecting gift cards or transferring to certain partnering hotels and airlines are where you should focus your point redemptions.

The Amex Green Card has quite a few important benefits consumers can utilize whether they travel or not. The key perks this card offers can help protect new purchases you make with your card or even save you money if something goes wrong with your travel plans.

Travel perks

The Amex Green Card offers you an up to $189 credit toward a CLEAR Plus membership each year, which can help you get through security lines faster at participating airports and other venues.The CLEAR Plus membership usually costs $189 annually, so you should be able to take full advantage of this offer.

You will also get up to $100 credit to use toward LoungeBuddy, which you can use to purchase lounge access in hundreds of airports around the globe. Lounge access through LoungeBuddy starts as low as $25 and is sold as a single entry pass, so you’ll need to book lounge access and pay in advance each time.

A $100 credit for lounge access is a bit underwhelming compared to the Global Lounge Collection that The Platinum Card® from American Express offers, but since these cards are in entirely different price ranges, it’s a reasonable perk for the Green Card. If you see yourself spending more money on lounge access than what the LoungeBuddy credit offers, you should weigh that excess spending against the Platinum Card’s annual fee. Determining how much the Global Lounge Collection would save you each year would be a great place to start in comparing both cards’ viability for your situation.

Travel protections

This card also comes with travel protections, including secondary auto rental coverage and access to a Global Assist hotline. You’ll also get a baggage insurance plan that can reimburse you up to $1,250 for carry-on baggage and $500 for checked baggage lost by a common carrier. Finally, you’ll get trip delay insurance worth up to $300 per trip, which can be useful if your trip is delayed by more than 12 hours for a covered reason.

Purchase benefits

Cardholders also receive purchase protection against damage or theft, which is good for up to $1,000 per occurrence and up to $50,000 per cardmember each calendar year. Plus, Amex offers extended warranties for eligible items that come with a manufacturer’s warranty.

The Amex Green Card comes with a $150 annual fee. Other fees to be aware of include a cash advance fee of 5 percent (minimum $10), plus a 29.99 percent cash advance APR if you use your card to take out cash, a late payment fee up to $40 and a returned payment fee up to $40. Using the Pay Over Time alternative payment option poses a 21.24 percent 29.24 percent Pay Over Time variable APR.

Fortunately for frequent flyers who see the Amex Green Card as an ideal travel card, this card does not have foreign transaction fees (see rates and fees).

In place of other American Express cards that may seem to carry more value with higher annual fees, the American Express Green Card can be a strategic option that compliments your lifestyle and travel capabilities.

As Stephanie Zito, Bankrate’s Travel Rewards Expert Contributor, puts it:

“The traditional American Express Green Card may not be the most exciting card in the Amex portfolio, but it definitely has its place. During the pandemic I downgraded my American Express Platinum because I wasn’t using the travel benefits, and keeping the Green Card open gave me a good place to park my Membership Rewards points — while paying a much lower annual fee and still taking advantage of a good 3X earning rate at restaurants, travel and transit.”

— Stephanie Zito, Bankrate contributor

While the Amex Green is a solid mid-tier card for occasional travelers, it may not be the best fit based on your spending habits. Whether you’re looking for an American Express credit card that earns American Express Membership Rewards points or a general travel rewards card, consider these alternatives at different price points. 

American Express Green Card vs. American Express Gold Card

While you’ll pay a higher annual fee for the American Express® Gold Card, you’ll also enjoy higher rewards and potentially more valuable perks and benefits.

Along with offering 4X points on dining (beating the Amex Green), the Amex Gold earns 4X points at U.S. supermarkets, up to $25,000 in purchases a calendar year, then 1X. It also earns 3X points on flights booked directly with airlines or through American Express Travel. Since groceries make up such a big portion of the average person’s monthly budget, this addition could seriously speed up your earning. On the downside for frequent travelers, the Amex Gold card is missing the CLEAR Plus membership credit and lounge access perks the Amex Green offers via LoungeBuddy.

American Express Green Card vs. Capital One Venture

If you’re hoping to earn travel rewards but don’t want the headache of tracking bonus categories or juggling multiple cards to maximize your rewards — or if a $150 annual fee sounds a bit too high — the Capital One Venture Rewards Credit Card is a terrific alternative to the Amex Green card.

The Venture costs only $95 a year to keep in your wallet and comes with a flat rewards rate of 2X miles on all eligible purchases. That means that regardless of whether you spend a ton on travel or stick more to everyday spending, you could slowly but surely build up a balance of rewards. The card also offers a bit more value on redemptions than the Amex Green card, since your points are worth the same amount whether you redeem for travel through the Capital One Travel portal or use them to cover outside travel purchases.

Best cards to pair with the Amex Green Card

If you’re considering the Amex Green Card but want more than one card, it could be smart to pair it with another Membership Rewards card that earns in spending categories the Green card doesn’t cover.

If you have a business, you could also pair this card with The Blue Business® Plus Credit Card from American Express, which lets you earn Membership Rewards points on business purchases without an annual fee. You should compare all American Express Membership Rewards cards to see which one might work best and which card — or combination of cards — will cover all of your spending categories.

Although, the Amex Green Card has a $150 annual fee, the 60,000-point welcome offer could be worth up to over $1,200, based on Bankrate’s valuations, if you transfer your rewards to select airline partners and book flights. You could also qualify for up to just less than $500 in credits annually when you combine the CLEAR Plus membership credit, LoungeBuddy credit and the travel and transit welcome offer statement credit. Together, these can more than offset the fee the first year.

Considering you can earn 3X Membership Rewards points in popular categories on top of that, this card could easily be worth it. Just make sure you can use the cardholder benefits available to you. If not, you may want to consider an American Express credit card with different benefits or no annual fee.

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

All information about the American Express® Green Card and Amex EveryDay® Credit Card from American Express has been collected independently by Bankrate.com and has not been reviewed or approved by the issuer.