American Express Gold with 2% Cash Rebate (tiered)

No Annual Fee!

Cash Rebates paid in January (once per year):
$0 - $2,500 = 0.5%
$2,500 - $5,000 = 1.0%
> $5,000 = 2.0% (no need to carry balance to get the 2%)
Added Bonus of 0.5% if you carry balance (so you could get upto 2.5% cash rebates)

UPDATED:
Sign up through: 1-800-268-2639.

Credit Card information is not available on the AMEX website.

cadave wrote:
- MINIMUM $30,000 annual income required to apply for this card
- Just remembered, there is also no maximum rebate... the sky's the limit. i.e. If you spend $200,000, you'll get $3937.50 back :P

Cash rewards calculator/comparison:
http://www3.telus.net/CalgaryBen/

UPDATE 2007-08-30:
It took me 9 calendar days to receive the card from the date I applied.

This is interesting, I was just trying to figure out where to switch to after they killed off Accelerator Plus, hmm. Any funny conditions, or just that? Any idea about side benefits like rental insurance, etc?

Also, when you say "carry a balance", any idea if there's a minimum balance you can carry, or can you just pay off 99% of your bill and carry $10?

[EDIT] and how did you find out about this card?

I have this card. It was invitation only. It is my main card after CT cash advantage lose its advantage.

I'd be interested in changing my air miles amex to this, but I find it a little fishy that there's no info anywhere...

Should you have spendings of $5000 each month?
It's not so easy.

I just called and there is an annual fee of $75.
i asked for the no annual fee one and there is only the costco card one.

not sure what you asked for but i asked and asked and the same numbers you mention are for the gold card with $75 annual fee.

COLD DEAL!!!!!

unless you can specify what to ask for and how to get no annual fee!!!

I think those are the same earnings you get with the Costco Amex.

Originally Posted by Midav

Should you have spendings of $5000 each month?
It's not so easy.

its per year not per month!!!!!

Originally Posted by Pseudo Nim

...
Also, when you say "carry a balance", any idea if there's a minimum balance you can carry, or can you just pay off 99% of your bill and carry $10?
...

I tried this once with my VISA - I mean paying off not the whole 100%. Got to pay interest for the whole amount next time, as the condition for not paying the interest is to pay balance in full. (It's usually not that simple to outsmart a financial institution )

Originally Posted by avich

I tried this once with my VISA - I mean paying off not the whole 100%. Got to pay interest for the whole amount next time, as the condition for not paying the interest is to pay balance in full. (It's usually not that simple to outsmart a financial institution )

Oops. Good call, better not do that.

Originally Posted by 6millions

I think those are the same earnings you get with the Costco Amex.

No - the Costco AMEX is 1.5% max $500 rebate.

Originally Posted by gman

I have this card. It was invitation only. It is my main card after CT cash advantage lose its advantage.

Do you pay an annual fee?

Originally Posted by cheap_guy

I'd be interested in changing my air miles amex to this, but I find it a little fishy that there's no info anywhere...

That was for invitation only.

Originally Posted by Midav

Should you have spendings of $5000 each month?
It's not so easy.

No, it is for a year.

Originally Posted by sandviper

I just called and there is an annual fee of $75.
i asked for the no annual fee one and there is only the costco card one.

not sure what you asked for but i asked and asked and the same numbers you mention are for the gold card with $75 annual fee.

COLD DEAL!!!!!

unless you can specify what to ask for and how to get no annual fee!!!

Mine is $0 annual fee.

Originally Posted by 6millions

I think those are the same earnings you get with the Costco Amex.

No, this has better rate than Costco Amex which I also have.


This is what I scanned in 2005 (used in another thread here) when I got the invitation and applied for the card.

http://img324.imageshack.us/my.php?i...exgold22gy.jpg

That says "no annual fee".

There are a few people here also have this card.

Originally Posted by Midav

Should you have spendings of $5000 each month?
It's not so easy.

>$5000 / year (not per month)

Originally Posted by sandviper

I just called and there is an annual fee of $75.
i asked for the no annual fee one and there is only the costco card one.

not sure what you asked for but i asked and asked and the same numbers you mention are for the gold card with $75 annual fee.

COLD DEAL!!!!!

unless you can specify what to ask for and how to get no annual fee!!!

They also told me that there is a $75 annual fee, but when after they checked, they found out there is no annual fee. When I applied for it, I was told clearly that there is no annual fee.

i have been wanting an Amex for a while now, and found that their annual fee's are crazy.

i would jump if there is way to get this without an Annual fee ?

so is there or isn't there a fee???

i wonder why this card isn't advertised???