If you're looking for a simple rewards card with no annual fee, the First National Bank American Express card could be a good fit. ... It has an easily-earned, if small, one-time offer for new cardmembers, and offers flat 1.5% cash back rewards on all purchases.
The Amex EveryDay® Credit Card: Best for getting started with Amex. ... Why this is a great first credit card: This is a credit card for points-and-miles beginners because it earns valuable Membership Rewards without charging an annual fee.
The First National Bank of Omaha Platinum Edition Visa Card is a solid option for debt consolidation. The introductory balance transfer offer is competitive, especially given the relatively low APR you'll get after the promotion is over.
The main disadvantage of an American Express card is the cost – not to you, but to the businesses it processes the payments for. Unlike Visa or Mastercard, American Express operates its own network, which means it charges vendors an additional fee to use the card, much like some other credit cards.
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
The easiest American Express credit card to get is the USAA Secured Card, so long as you're eligible for USAA products. Ifyou're not, you might want to focus on one of the Amex cards that require good credit, like the Amex EveryDay Credit Card.
Note that Amex will still report your statement balances to the credit bureaus, even if they don't affect your credit score. This means that other creditors looking at your report (for a mortgage or car loan, for example) will see the balance when deciding whether to approve you.
FNBO Direct is an online-only bank that launched in 2007. The bank is part of the First National Bank of Omaha, which has been around for more than 160 years.
The FNBO Direct Online Checking Account pays an uncommonly high rate of interest on checking. ... And while you may not think of earning interest on your checking account, it sure is nice when you can! There are no monthly fees for this account, and your deposits are FDIC-insured up to $250,000.
First National Bank uses both Experian and Equifax credit bureaus for approval, depends on each application in particular. But when it comes to reporting, it reports to all three major bureaus.
Why can't every store accept American Express cards? The answer is simple: stores want more money in their pockets. American Express charges stores, or merchants, higher fees than other credit card networks like Visa, Mastercard, and Discover.
No. American Express is not specifically for rich people, though applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards. In addition to high credit scores, applicants that have an annual income of $60,000 or higher are often more likely to get approved.
The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don't accept American Express. American Express' interchange fee is just too high. Providers like Visa and Mastercard charge between 1.5% and 2.5%, while Amex charges merchants between 2.5% and 3.5%.
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