So what’s so special about this American Express One Credit Card?
- Get $50 to jump-start your savings after your first purchase
- Earn a competitive Annual Percentage Yield (APY), currently 5.00% (variable rate as of 2/1/2007)
- The Savings AcceleratorSM Plan contributes 1% of eligible purchases into an FDIC-insured High-Yield Savings Account in your name
- No annual fee the first year - that’s a $35 savings4
- No Preset Spending Limit
Every dollar spent can be money saved and interest earned
The American Express One® Card offers an altogether different way to save for your future. Your Card comes linked to a competitive FDIC-insured High-Yield Savings Account. And with the Savings Accelerator Plan, a full 1% of all your eligible purchases will be deposited into this Savings Account at American Express Bank, FSB. It’s automatically set up for you when you activate your Card. Plus you’ll get $50 to jump – start your savings after your first purchase.
Carry a balance without paying interest on new purchases
Unlike most cards, the American Express One® Card offers a feature called Interest Protection. With it, you can pay your bill in full at the end of the month or pay over time – but you never pay interest on new purchases. So – by choosing to pay with the American Express One® Card – not only are you free to carry a balance for last month’s vacation, you can also avoid paying interest on this week’s groceries.
No pre-set spending limit
One from American Express has no pre-set spending limit which gives you purchasing power that adjusts with your use of the Card. No pre-set spending limit does not mean unlimited spending. Your purchases are approved based on a variety of factors, including current spending patterns, your payment history, credit record, and financial resources known to us.
See? Why not apply now for your own One from American Express »
