Specifics

• Introductory Rate: 0% APR for 12 Months
• Applied Towards: Purchases
• APR (Purchases): As low as Prime + 3.99% The APR for purchases is based on the Prime Rate.
• APR (Cash Advances): 19.99% There is a minimum APR on cash advances. The APR for cash advances is based on the Prime Rate.
• Finance Configuration: Average Daily Balance (including new purchases)
• Annual Fee: None
• Additional Cardholders: $0
• Grace Period: 25 Days
• Minimum Credit Limit: n/a
• Maximum Credit Limit: n/a
• Late Payment Fee: $19 on balances up to $400 and $38 on balances of $400 and over
• Over-The-Limit Fee: $35
• Cash Advance Fee: 3%, $5 minimum for Express Cash transactions
• Balance Transfer Fee: There is no balance transfer fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable transaction.

Reward Program Details

• Points per Dollar: 1 Point
• Additional Points: None
• Point Details: Points can be redeemed for purchases at airlines, hotels, car rentals, cruise lines, travel agencies, tour operators, and on-line travel sites. Once the eligible purchase appears on the monthly statement, the cardholder may request the discount redemption to be applied. Points can only be redeemed toward a purchase in 7,500 increments, which is equal to a credit of up to $100, and they must be redeemed in a single request.
• Expiration: None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus.)
• Yearly Limit: None

Review

Created for those with good credit who will take advantage of the reward program from American Express. Earn 1 pt. per $1 spent. Get 5,000 bonus points after 1st purchse. Use points for travel discounts. Redeem points in 7,500 increments (equals $100). No expiration to points. Benefits include travel accident insurance and auto rental insurance. Last Modified Date: 8/19/2008 12:00:00 AM

Additional Perks

Various Internet account related services.
Access to OPEN: The Small Business Network services.
Discounts on products and services at participating merchants and retailers.
Extended warranty for purchases.
Lost luggage insurance.
Auto rental insurance.
Purchase protection.
Year-end financial statement.
Up to $100,000 in travel accident insurance.
Emergency card replacement.
Emergency check-in service.
See website for additional benefits.
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Important Notations

The APR for purchases and balance transfers varies according to the applicant's credit history and will be 3.99%, 5.99%, 7.99% or 9.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.