| Although American Express has forged a tie-up | | | | Although you may not earn any reward miles |
| with the AIR MILES rewards program to come up | | | | for transferring your balances to an American |
| with the American Express AIR MILES credit | | | | Express AIR MILES card, you will enjoy a |
| card, you will continue getting the benefits | | | | lower monthly credit card payment, which |
| provided to American Express card members. | | | | could translate into substantial savings. |
| | | | Paying only one credit card bill every month |
| You still get to enjoy the low interest rate | | | | saves you time. |
| of 3.99 percent on balance transfers and | | | | |
| 16.99 percent on purchases and cash advances | | | | As is the case with other American Express |
| if you apply for the American Express AIR | | | | credit cards, the American Express AIR MILES |
| MILES credit card. This balance transfer rate | | | | credit card allows you to access your account |
| is applicable only for the first six months. | | | | on the Web anytime, anywhere. American |
| You need to make your minimum monthly | | | | Express guarantees a secure access, so you |
| payments on time though, otherwise all | | | | need not worry about compromising your |
| introductory period features like the low | | | | American Express AIR MILES credit card |
| rate will become void, and the transferred | | | | account online. |
| balance will become like a normal purchase | | | | |
| transaction, which is subject to the | | | | Should you need supplementary an American |
| applicable interest rate prevailing at the | | | | Express AIR MILES credit cards for any of |
| time. | | | | your family members who attain the age of |
| | | | majority, you can get these free of charge. |
| Remember that if you incur two separate | | | | These supplementary American Express AIR |
| missed payments within the introductory | | | | MILES credit cards do not carry an annual |
| period, you will be charged 19.99 percent, | | | | fee. Any rewards miles will still be credited |
| instead of 16.99 percent, for purchases and | | | | into your account, thus, allowing you to |
| fund advances. And, if you have at least | | | | accumulate more miles quickly. |
| three separate missed payments or you haven't | | | | |
| paid on one missed payments for at least two | | | | Even if you are a busy person, you won't have |
| consecutive billing periods, expect to be | | | | any difficulty in paying your American |
| slapped with a 25.99 percent charge on | | | | Express AIR MILES credit card bills. Internet |
| purchases and funds advances. You would not | | | | banking, pre-authorized payment, and |
| want to pay this much, so you ensure that you | | | | telephone banking are just some of the ways |
| make timely payments on your American Express | | | | of paying your credit card bill. You also |
| AIR MILES credit card. | | | | have the option to pay by sending a check |
| | | | through mail. You may choose to visit your |
| With the American Express AIR MILES credit | | | | local bank branch to pay in person, or you |
| card, you have an option to transfer a | | | | can pay at various ATMs. Note, however, that |
| balance: You can transfer your other credit | | | | Amex Bank of Canada will credit the payment |
| cards bearing high interest rates into your | | | | to your account only upon actual receipt. |
| American Express AIR MILES credit card. | | | | |