The company's high fee, high reward structure and closed - loop model give it an advantage
over other card companies on this front.
While
other card companies like Chase, have to deal with separate fees from their MasterCard / Visa networks, American Express has full control of the entire payment pipeline.
Note that Discover is no different than
other card companies in that the insurance does not include liability coverage.
Under these circumstances, Citi and
other card companies have a wide array of rewards credit cards that will earn you points, miles or cash back on all your purchases.
When you revolve your balance the interest charges make you attractive to
other card companies.
Under these circumstances, Citi and
other card companies have a wide array of rewards credit cards that will earn you points, miles or cash back on all your purchases.
The advantage of department store credit cards is that they still report to the credit bureaus like
other card companies, but they are typically much easier to get.
Note that — sooner than you think —
other card companies will send you low - rate balance transfer.
Discover is more lenient than
other card companies, making it a good option for people with poor credit or short credit histories.
No other card company offers that level of security for free.
I have never held any Chase card prior to my Chase Ink and had reservations about venturing away from
my other card companies.