The company American Express was founded in 1850 by three astute men, namely: John Butterfield, Henry Wells, and William Fargo. As the years progressed, the card business started in the year 1958, and the annual fee back then was $6. The credit card itself was made up of paper that shows the card member’s name and account number, and then a year after, they started issuing “plastic-made” credit cards.
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The first ever American Express Gold credit card was issued in 1966, succeeded by the Platinum card in 1984, and then the Optima cards in 1987 with a dissimilar annual fee structure. Furthermore, consumers were eventually allowed to carry a balance, and in 2005, the American Express card called “Clear” was offered as the first-ever credit card with no fees whatsoever. From then on, many American Express credit cards were introduced with different kinds of offers that match almost every individual’s way of spending.
American Express cards can easily be obtained by applying online, over the phone, or sometimes, they send you pre-approved cards. It is convenient to have one because it’s easy to pay all of your dues by just a click using your computer or by swiping it. By carrying a well-known card issuer means you have access to almost every merchant and retailer not only in the USA, but also all over the world.
In addition, if you meet the American Express’ strict eligibility requirements, you will be offered to get the famous “black card” or Centurion card. Since this is only an invitation-only membership, you will have exclusive benefits, including a personal concierge when travelling, personal shoppers for top-of-the-line stores, like Neiman Marcus, Gucci, and many more. Not only that, you can gain access to exclusive clubs, numerous hotel freebies and discounts, and memberships with the finest retailers, airlines, and merchants.
American express credit cards have an edge over other brands because they value their consumers with extensive “rewards programs”, in which you earn points by spending, banking options that allow you to link your bank accounts to your card, and they provide the best customer service that can be proven by J.D Powers to have achieved the highest customer satisfaction amongst other competitors five times in a row.