As a parent, you can say it until you're blue in the face: "Money doesn't grow on trees!" But until your teenager or college-aged kid actually has to balance a budget and manage finances on their own, the message might not really sink in. Now, more than ever, it's critical for young people to become money-savvy before they are launched...
|Annual Fee||$0 introductory annual fee for the first year, then $175|
|Cash Advance APR||N/A|
|Intro APR Promotions||Earn 50,000 Membership Rewards® points after you spend $5,000 in purchases on the Card in the first 3 months of Card membership|
Access to dedicated Business Consultants who know your company, plus On-Call Support for issues ranging from identity theft to travel emergencies
$0 introductory annual fee for the first year, then $175
3X points on airfare purchased directly from airlines
2X points on US purchases for advertising in select media, shipping and at gas stations
1X points on other purchases
See card issuer's website for details about terms and conditions of offer.
Excellent Credit Needed
- Fantastic rewards on air travel and business promotion
- Discounts at partner business supplies retailers and shipping companies
- Additional cards for all of your employees for only $50 annually, waived for the first year
- Car rental insurance, baggage insurance and on-call travel and business support
- 2.7% foreign currency transaction fee
- $175 annual fee, waived for the first year
The Simple Dollar’s Review
The Business Gold Rewards Card® from American Express OPEN is an excellent choice for a growing business. Aside from its sleek design and powerful reputation, this card offers real benefits to help your business succeed. Your company will enjoy up to 10% discounts on purchases through partner retailers like FedEx and OfficeMax with the OPEN Savings program.
For a flat $50 fee per year, you can add several additional cards to the account for each of your employees. You also get fantastic rewards every time they use their cards: three points per dollar spent on air travel, two points for per dollar on business advertising and promotion, and one point per dollar on everything else. With numerous airlines, hotels, and merchandise to choose from – not to mention a 50,000-point bonus – you’ll truly be realizing returns with this rewards program. In fact, if you and your employees are doing a lot of air travel, you can appreciate the free baggage insurance and rental car coverage that comes with this card.
While American Express is exceptional at serving businesses, most of their cards – including this one – include a 2.7% foreign currency transaction fee; so this may not be the best choice if you and your associates conduct most of your business overseas. For domestic-based enterprises, however, there’s little to complain about. The Business Gold Rewards Card® from American Express OPEN can help your business through substantial rewards, perks, and flexibility and will undoubtedly serve as a mark of your company’s success.
You may feel like giving up. Suffocating under a mountain of debt can make you feel helpless. Perhaps you've even been considering bankruptcy. The jury is out on whether bankruptcy should be an absolute last resort, or one that should be considered seriously in order to deal with exorbitant, unpayable debt. Still, most people do want to avoid...