American Express Air Miles

By: EconomyWatch   Date: 6 October 2010

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American Express Air Miles credit cards are issued by American Express Canada. They promise ultimate financial freedom throughout all parts of Canada, including British Columbia. These cards are widely accepted at major car rentals, hotels and airlines across the world. American Express Credit Cards are known for their reward programs, low interest rates and negligible fees.

American Express Air Miles Credit Card: Features

The prominent features of this credit card include:

  • During the first six months of usage, the card charges a balance transfer rate of 3.99%.

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  • It charges an interest rate of 18.5% for usual purchases and cash advances.

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  • The card gives an automatic travel accident insurance worth $100,000.

    • American Express Air Miles Credit Card: Reward Program

    Air Miles is Canada’s popular loyalty reward program. In this reward programs, card holders are given reward miles for cardtransactions done at any of the 9,600 affiliated retail outlets. After collecting a substantial amount of reward miles, card holders can exchange them for any item from a collection of over 800 prizes.

    Benefits of American Express Air Miles

    The holders of American Express Air Miles credit cards enjoy a variety of advantages. Some of them include:

    • Zero annual fee.

    • Incentive of one air mile for every $20 charged to the card.

    • Opportunity to earn 150 bonus reward miles when the holder uses the card for the first time.

    • Allocation of 150 reward miles if an applicant applies before March 31, 2009.

    • A credit limit of up to $75,000.

    American Express Air Miles: Application Requirement

    To be approved for the American Express Air Miles Credit Card, applicants must have:

    • A Canadian residency with a Canadian credit file.
    • They should have attained the status of a ‘major’ as per the age specifications of the province or territory of residence.

    • Personal annual income of $15,000 or more.

    • Never filed for bankruptcy in the past seven years.

    American Express Air Miles: How to apply

    One can apply for the American Express Air Miles credit card mainly through e-mails, the phone and the official website of American express at www.americanexpress.com.

    ‘American Express Air Miles’ and ‘American Express’ are trademarks of American Express Company, who can be found at www.americanexpress.com.

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