The best American Express cards of October 2020 — from the Amex Platinum to options for cash back

The best American Express cards of October 2020 — from the Amex Platinum to options for cash back

October 15, 2020

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The best American Express cards:

  • Best Amex card for lounge access, elite status, and more travel perks: The Platinum Card® from American Express
  • Best Amex card for dining rewards: American Express® Gold Card
  • Best cash-back Amex card: Blue Cash Preferred® Card from American Express
  • Best for bonus points on travel: American Express® Green Card
  • Best business credit card for travelers: The Business Platinum Card® from American Express
  • Best business card for everyday spending: The Blue Business® Plus Credit Card from American Express
  • Great bonus categories for families: Amex EveryDay® Preferred Credit Card from American Express
  • Best no-annual-fee Amex card: Amex EveryDay® Credit Card from American Express
  • Best Amex card with a low intro APR: Blue Cash Everyday® Card from American Express

American Express is most famous for its travel cards like the Platinum Card and premium "experiential" offerings like concierge service, but it also offers cards with non-travel perks and lower annual fees. 

Amex cards also offer various benefits like travel insurance and purchase protection. Additionally, all American Express cardholders get access to Amex Offers that can earn you bonus points or get cash back when you shop with certain retailers.

If you're looking for the best Amex card for you, here are the ones you should consider.

We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

  • Best Amex card if you travel a lot: Platinum Card
  • Best for dining rewards: Amex Gold Card
  • Best for cash back: Blue Cash Preferred® Card from American Express
  • If you travel but don't want to pay for the Amex Platinum: Amex Green Card
  • Best business card for travelers: Amex Business Platinum Card
  • Best business card for earning maximum points: The Blue Business® Plus Credit Card from American Express
  • Great bonus categories for families: Amex EveryDay® Preferred Credit Card
  • Best Amex card with no annual fee: Amex EveryDay Card
  • Best Amex card with an intro APR offer: Blue Cash Everyday® Card from American Express

Best Amex card if you travel a lot: Platinum Card

The Platinum Card® from American Express

American Express The Platinum Card® from American ExpressAmerican Express American Express® Gold CardAmerican Express Blue Cash Preferred® Card from American ExpressAmerican Express American Express® Green CardAmerican Express The Business Platinum Card® from American ExpressAmerican Express The Blue Business® Plus Credit Card from American ExpressAmerican ExpressBlue Cash Everyday® Card from American Express

Annual Fee
Regular APR
Credit Score
  • A five pointed star
  • A five pointed star
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  • 4.1 out of 5 Stars
    Editor's Rating

    Chevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.

    Annual Fee

    $0

    Regular APR

    13.99% to 23.99% variable APR

    Credit Score

    Good to ExcellentA five pointed star

  • A five pointed star
  • A five pointed star
  • A five pointed star
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  • 4.1 out of 5 Stars
    Editor's Rating
    Featured Reward

    $200 statement credit after you spend $1,000 in the first 3 months from account openingChevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.

  • Details
  • Pros & Cons
    • Earn a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
    • 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
    • 2% Cash Back at U.S. gas stations and at select U.S. department stores.
    • 1% Cash Back on other purchases.
    • Low intro APR: 0% for 15 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%.
    • Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.
    • Cash Back is received in the form of Reward Dollars that can be redeemed for statement credits.
    • No annual fee.
    • Terms Apply.
    Pros
    • Good bonus cash-back rate at US supermarkets
    • No annual fee
    Cons
    • If you spend more than $6,000 at US supermarkets in a year, you should use another card to earn bonus rewards once you hit that cap

    The Blue Cash Everyday® Card from American Express is similar to the Blue Cash Preferred, with a different earning structure and no annual fee (See Rates).

    The card earns a lower 3% cash back at US supermarkets on up to $6,000 each calendar year — and 1% after that — 2% back at US gas stations and select US department stores, and 1% cash back on everything else. While many people spend enough in the bonus categories to make the Blue Cash Preferred the better option, this remains a decent card for anyone who's strictly opposed to paying an annual fee.

    If you're looking to make a major purchase and pay it off over time, like an appliance or an engagement ring, you can take advantage of the 0% intro APR on purchases  for the first 15 months after account opening (after that, it reverts to a 13.99% to 23.99% variable APR (See Rates)). You'll earn cash back on the purchase, which you can put right towards paying it off.

    For rates and fees of the Blue Cash Preferred® Card from American Express, please click here.

    For rates and fees of the Blue Cash Everyday® Card from American Express, please click here.

    Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

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    Please note: While the offers mentioned above are accurate at the time of publication, they’re subject to change at any time and may have changed, or may no longer be available.

    For rates and fees of the American Express® Gold Card, please click here.

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