

Naturally, you can mix spending in these categories, and supplement your rewards with other spending, which earns an unremarkable 1% cash back. To break even on the fee within a year, you’ll need to spend at least $31 per week at a combination of supermarkets and streaming services, or $62 per week on eligible gas or transit. $95 Annual Fee After the First Year: Although American Express charges no annual fee to new cardholders for the first year, the annual fee is $95 afterward.The APR increases to a typical range after the first year. That can be useful for financing a major purchase, as long as you pay it off before the introductory period is up. 0% Intro APR on Purchases: For the first 12 months of membership, all purchases with this card are charged 0% APR (as long as you follow the card terms).You will receive the $250 back in the form of a statement credit. New cardholders can earn $250 back after spending $3,000 in purchases on the new Card within the first 6 months of card membership.

One-Time Offer for New Cardholders: The one-time introductory bonus is one of the most generous that’s currently available, and should be fairly easy to achieve.supermarkets, on up to $6,000 in spending per year, and 6% with no limit on select services like Hulu, Netflix, and SiriusXM. Outstanding Cash-Back Rewards, Especially at Supermarkets and Streaming Services: This card offers the top cash-back rewards rate for supermarkets and streaming services in our database.Superstores and warehouse clubs are excluded from the top cash-back earningsĪmerican Express isn't as widely accepted as Visa or Mastercard
