The company, better known as Amex, was founded in the United States. It is the largest global card issuer, according to the company's website. The brand is aimed at people with greater purchasing power, providing benefits and convenience to its customers. Today you'll learn how the American Express Credit Card works and why it's worth getting one.
In Brazil, the card issuers are Bradesco (main) and Banco do Brasil. With a minimum income of R$5,000, you can apply for an Amex card, the American Express Green.
Benefits of applying for an American Express credit card:
It's worth noting that the company also offers benefits on your purchases. You buy a product or service and accumulate points according to your bank's rewards program.
The brand's customers also receive discounts at an online bookstore at São Paulo MASP, where you can get double-price tickets and other discounts. It doesn't stop there, offering additional services such as concierge, travel insurance, and baggage.
Use airport lounges when traveling with your American Express card. These exclusive rooms are designed for relaxing while you wait for your flight in complete comfort. When your card is issued by Bradesco, you can count on the Livelo Points Program, which earns points for every dollar spent or the equivalent in Brazilian reais.
Customer well-being. That's what the company looks like. In his opinion, American Express' mission is to be the most respected service brand in the world.
American Express Card: Discover the most popular international card on the market
For frequent travelers who need fast, widely accepted payment methods, the American Express card can be an attractive alternative.
With the aim of offering insurance, advice and access to VIP lounges, the Amex card can currently only be issued by Bradesco in Brazil.
Additionally, the payment solution also offers a unique points program which, compared to other cards in the same segment, can be an excellent reason to use it.
How do I apply for American Express?
American Express cards can be requested online, by phone, or at Bradesco branches. Existing customers can also apply for these products through home banking, the Cartões Bradesco app, or directly through their advisor. The best cards may be more difficult or challenging, but they're not impossible.
It's important to note that the best cards may not be available for online application; the best option is to find a bank branch or contact a consultant. It's possible to find consultants by searching online, but it's important to be careful and make sure the person is actually connected to the bank, especially before submitting any personal documents.
It's best to talk to advisors who have already applied for cards from someone they trust. I've already created two Bradesco cards (including the Platinum Card) through an advisor and had no problems.
Is it worth getting an American Express?
Of course, the Green and Gold versions of the card are very weak—meaning they're very short on benefits and points. The market offers several other cards that offer up to 2.5 points per dollar, access to VIP lounges, and expense-based annual fee waivers, all of which are much less restrictive to apply for.
On the other hand, the Platinum Card offers many advantages and a significant number of points. The partnership with Bradesco Cartão Salas VIP is very useful for those who travel frequently in Brazil and pass through the country's main airports with accredited rooms. Access is unlimited and allows free entry for one companion. Although I didn't receive the metal version of the card, I always carry the TPC in my wallet and am happy with it.
If you're not immediately approved for the Platinum Card, it's worth applying for the Green or Gold Card and, depending on your spending volume and relationship with the bank, requesting a category upgrade. This request can be made through the call center or via chat.
Important tips for acquiring your American Express credit card:
If you apply for an American Express card and your application is rejected, don't give up! Check the grace period before applying for a new card and try again. You might want to choose a lower-tier card next time and request an upgrade in the future.
The minimum income isn't an insurmountable barrier. There are several ways to prove income. A pay stub, tax return, or even another credit card statement can be used. Banks are paying more attention to the fact that they can deduct payments from your officially declared income.
Check your credit history. This tool, especially the Serasa Score, is increasingly being used by banks to analyze customers' financial situation, especially when applying for a new card.
The higher your score, the more likely your proposal will be approved. It's important to check your score regularly and maintain healthy financial habits to avoid a decline.
Remember that the card could be a friend or a malicious person. When used wisely, it can bring many advantages..
