American Express Essential Card

Flytrippers opinion: A card for those who don't pay their balances every month.
Flytrippers Valuation
of Welcome bonus (net value)

via Amex secure application link
–$25

Rewards: $0

Card fee: $25

Card eligibility
no minimum income
required

Welcome bonus eligibility
must not have had
this specific card
ever before
No rewards (low interest rate)
Bonus: None
Earn on min. spend: $0 (total: $0)
How to unlock bonus
no welcome bonus




Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

Summary of Flytrippers' review

WHY GET THIS CARD

  • Low interest rate of 12.99% on purchases
  • Access to discounts and credits with Amex Offers

WHO SHOULD GET THIS CARD

  • Those who want a low interest rate

Card details

Net value

  • $0 Bonus
  • –$25 Card fee (deducted from Valuation)

–$25 Total net value

‣ Details about our Flytrippers Valuation of welcome bonuses

Effective return rate

–25% Return on the minimum spending requirement of $0*
*$1 for calculations

‣ Details about effective return rates (coming soon)

Rewards acquisition summary

$0 Rewards you get for $25 in fees paid

Apply for the American Express Essential Card

Value of redemption options

No rewards

Earn rates

No rewards

Discounts and credits with Amex Offers
Access to discounts, credits, and special offers throughout the year.

Learn more about the Amex Offers benefit

Access to American Express Experiences
Access to exclusive virtual and in-person experiences and pre-sale tickets to lots of events.

‣ Learn more about the American Express Experiences benefit (coming soon)

Insurance included

Travel accident insurance

‣Learn more about the insurance coverage included with the American Express Essential Card (coming soon)

Insurance not included

Medical travel insurance
Trip cancelation insurance
Trip interruption insurance
Flight delay insurance
Rental car insurance
Delayed and lost baggage insurance
Hotel burglary insurance
Purchase protection coverage
Extended warranty coverage
Mobile device insurance

‣Learn more about the different types of insurance coverage (coming soon)

Card eligibility
Minimum income: $0
Age: Majority in your province
Estimated credit score: Good or Excellent
Credit bureau: TransUnion Canada

Learn more about credit card eligibility requirements (coming soon)

Welcome bonus eligibility
No welcome bonus

Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date
No welcome bonus

Subscribe to Flytrippers’ free travel rewards newsletter to get all card updates

Card details
Issuer: American Express Canada
Network: American Express
Card type: Credit card
Product type: Personal card

‣Learn more about credit card types basics (coming soon)

Fees
Card fee: $25/year
Fee for additional card: $0
Foreign transaction fee: 2.5%
Balance transfer fee: N/A

‣Learn more about why Flytrippers recommends never looking at the fee alone (coming soon)

Annual interest rates

Purchases: 12.99%
Cash advances: 12.99%
Balance transfers: N/A
Purchases (penalty): 25.99% – 28.99% Variable

Learn more about why Flytrippers recommends ignoring rates (coming soon)

*Subject to approval. The preferred rate for purchases and funds advances is 12.99%.

If you have 2 separate Missed Payments, the applicable rates for your account will be the penalty rate. See the information box included with the application for the definition of Missed Payment and which rates apply to charges on your account and other details.

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

via Amex secure application

Questions?
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Terms & conditions — Travel rewards

Terms and conditions apply.

This content is not sponsored. However, this page may contain some affiliate links that allow Flytrippers to earn a commission at absolutely no cost to you. Thank you for using our links and helping us keep all our content free for everyone. This helps us fulfill our mission of helping Canadians travel more for less.

The views and opinions expressed on this page are purely our own. They have not been provided, approved, endorsed, or ratified by any third party mentioned on the site.

Financial institutions are not responsible for updating or ensuring the accuracy of the information on Flytrippers’ website. All the information was independently collected by Flytrippers and not provided by financial institutions.

All offers described on the Flytrippers website are subject to the financial institutions’ latest terms and conditions, which can be found on their official website. No efforts are spared to ensure this page is up to date but offers from financial institutions change quickly. It is your responsibility to ensure the accuracy of these offers on their website. Flytrippers will not accept any responsibility for the accuracy of the offers or the result of your actions.

Flytrippers’ website does not contain all available credit card offers or all available credit card products on the market. In addition, Flytrippers never shares an offer if it is not considered advantageous for some travelers, at its sole discretion.

No author on Flytrippers’ website is a financial advisor, a financial planner, a legal professional, or a tax professional. No author on Flytrippers’ website can in any way be considered as such.

All articles, pages, and content on Flytrippers’ website are merely personal opinions of a general nature and are for informational purposes only and should not be considered advice for specific situations. It is your responsibility to perform your own personal research to ensure that travel rewards are appropriate for your own situation.

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