By: Travis Cormier
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Hey Travel Junkies,
Recently, we’ve discussed some big changes to the American Express Platinum Card and how to use SPG Starpoints. With so many great offers coming from American Express, you should know what rules Amex places on its applications and bonuses.
Charge card vs Credit Card
American Express offers two types of cards – charge cards or credit cards. Understanding the difference is important if you want to be sure that you can open a new account with American Express.
Credit cards are lines of credit with a pre-set spending limit that does not have to be paid off monthly. Many of the co-branded cards provided by American Express are credit cards including the Gold Delta SkyMiles and Platinum Delta SkyMiles cards, the Starwood Preferred Guest card, and the Hilton Honors Surpass card.
Charge cards are lines of credit without a pre-set spending limit, but must be paid monthly. Several cards that earn Membership Rewards are charge cards, including the American Express Platinum and Premier Rewards Gold cards.
There are also some co-branded charge cards, including the American Express Platinum cards by Charles Schwab and Mercedes-Benz.