The Choice Card from American Express is a credit card offered by American Express to anyone who meets the minimum requirements and who has a satisfactory credit record. Once approved for the card, there are travel and entertainment benefits, as well as a number of rewards, such as gift cards, that points can be redeemed for.
The exact requirements are to be a Canadian with a Canadian credit file, be the age of majority in the province or territory where you live, have no bankruptcy on your credit report for the past 7 years, and have an annual income of $15,000 or more.
The application process is rather simple in that it is carried out online. When applying online, you provide your personal information, including your income information. This information is used to pull your credit file and see your creditworthiness. If deemed creditworthy, the account is approved. Once the card is received and used for the first time a Welcome Bonus of Membership Reward points is added to the card. There is also a very low introductory rate for a specific period of time. Once that period expires, the interest rate increases to the normal rate, granted the monthly payments are made on time. Funds advances have a higher rate.
Cardholders receive one point for every dollar spent at 5 places the cardholder can choose from a list of American Express merchants. This is twice the number of points that are awarded when using the card everywhere else. The typical earning amount is one point for every $2 in card purchases.
As for what you can redeem your points for, there are many items. The first area of redemption is choosing from one of a number of $50 gift cards to shop at a number of retailers. This also includes the acquisition of a $50 American Express gift card if the cardholder wants a card that can be accepted anywhere American Express is accepted rather than a merchant-specific card.
The second area of redemption is $50 gift cards to dine at a number of well-known restaurants. The third area is to use points to purchase merchandise from popular retailers. This makes for a good opportunity to obtain top-of-the-line merchandise for points acquired from using a credit card whether than spending actual money on the merchandise, which saves a great deal of money to have nice things.
Points may also be used for an adult movie ticket at Empire Theatres or Cineplex or two adults can buy tickets for a night out. In addition, cardholders can receive a statement credit if buying tickets from Ticketmaster with the card or receive gift cards to the Stratford Shakespeare Festival. For the sports lover, there are Sporting Life Gift Cards and gift cards for Golf Town.
The cardholder who likes to travel can enjoy a number of travel benefits. The first benefit is TripFlex rewards. If travel purchases are charged to the card, the points can be redeemed for a statement credit. The points can even be allowed to cover fees and taxes associated with the trip.
Points may also be transferred to hotel rewards programs, such as Hilton HHonors and they may be used for gift cards that are usable at car rental establishments, hotels and resorts, and airports. If you want a Plaza Premium Lounge Pass, you can receive that as well for a specific number of points.
There is also the opportunity to purchase tickets to specific events before they go on sale to the public. This is known as Front Of The Line Advance Ticket Access. In addition to advanced ticket purchases, Reserved Ticket Access allows cardholders the opportunity to purchase seating that is reserved by American Express for its members.
Combined with the travel rewards and other perks, a cardholder could travel to an event and earn points as they spent money on all of the expenses related to that trip. This gives the opportunity to earn points to later redeem for even more money saving rewards.
American Express's customer service is known as being world class. The reason is because they are available 24/7 to answer questions and take care of issues. One of the issues they take care of is Emergency Card Replacement. Through Emergency Card Replacement, a lost or stolen card can be replaced whether the cardholder is at home or traveling.
There is also the ability to manage the account online. Online account management makes it easy to check the balance, view transactions, review rewards, and make a payment. All of this is done from the privacy and comfort of your computer at a time that is convenient for you.
If you wish, you can opt for Online-Only statements so you do not have to pay the small monthly fee to receive paper statements. Another thing that is free is the card itself, as it has no monthly fee and supplementary cards are also free. Because of access to free supplementary cards, you can add individuals to the account, which gives more opportunities to receive points faster and redeem them for more rewards. Supplementary cards can be provided to your spouse, children, grandchildren, parent, brother, sister, or anyone that you trust to have a card on your account.
If the card details would be compromised in any way and fraudulent charges made on your account, American Express offers cardholders the Fraud Protection Guarantee. Through this guarantee, American Express does not hold the cardholder responsible if fraudulent charges are made. The only requirement to receive this protection is that the cardholder has exercised diligence in ensuring that the card details are not compromised. Unfortunately, there are times that even the most careful individuals become the victims of fraud and American Express feels that these people should not pay the price.
All in all, as long as the card is managed well and payments made on time, this is a credit card that works well for its card members. American Express has been known to take care of their customers by rewarding them for their card activity. This Choice Card is a perfect example of how American Express takes care of its people.