Amex May Sweeten the Green Card with New Perks, Improvements
On Monday, Doctor of Credit shared details on rumored changes coming to the American Express Green Card. While the card hasn’t historically offered much in terms of rewards and benefits, that could all be changing very soon.
Rumored Changes Coming to the Amex Green Card
Doctor of Credit reports that the changes will go live at sometime in March but could possibly happen as early as February. Rumored changes are as follows:
- The card would earn 4x Membership Rewards points per dollar spent at gas stations
- The card would earn 3x Membership Rewards points per dollar spent on streaming services like Netflix & Hulu
On top of this, Amex is also reportedly trying to include an Amazon Prime membership as a benefit of holding this card. This would be a huge change and if it happens, I imagine Amex would be increasing the annual fee on this card from its current $95 price point.
Amex has been working feverishly to update their suite of Membership Rewards earning credit cards over the past few years. This started with some massive improvements to the Amex Platinum Card by offering 5x points per dollar spent on airlines, $200 in annual Uber credits, and other benefits.
The Green Card is in desperate need of a refresh, so these rumors are believable. It is clear Amex is working to update their offerings and this card would be the most logical next target.
The card has an annual fee of $95, but there is currently no reason to keep the card long term. If Amazon Prime was added as a benefit, that would change overnight. It would also likely result in an annual fee increase for the card.
If these changes take place, whether this card deserves a place in your wallet will depend on how you spend money – and whether you value Amazon Prime.
Stay tuned for updates to this story once they become available. I hope the Amazon Prime benefit rumors are true, as it would make this card a no-brainer for many – including myself – as long as the annual fee increase is reasonable.
Benefits like these are why we always encourage our readers to do the math and not rule out cards with a high annual fee.
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