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American Express Travel Portal

The American Express Travel Portal is a platform where American Express cardholders can book travel-related services like flights, hotels, car rentals, and vacation packages. Here are some key features and benefits: Key Features: Flexible Payment Options: You can pay with your American Express card, Membership Rewards points, or a combination of both. Membership Rewards Points:

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Variable

In the credit card world, the term “variable” typically refers to a Variable interest rate. A Variable interest rate on a credit card is an annual percentage rate (APR) that can change over time. It is often tied to a benchmark interest rate, such as the prime rate. When the benchmark rate changes, the Variable

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Statement Credit

Statement credits are reductions applied directly to your credit card balance. They often come as part of promotional offers or rewards programs. For example, travel credit cards might provide statement credits for travel-related expenses like airfare, hotel stays, or dining. These credits effectively act as a discount on your purchases, reducing the amount you owe.

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Sign-Up Bonus

Credit card sign-up bonuses are promotional offers by credit card issuers to attract new customers. These bonuses typically come in the form of points, miles, or cash back, which can be earned by meeting a specified spending requirement within a certain period after account opening. Here are some common aspects of credit card sign-up bonuses:

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Rewards Rate

A Rewards Rate typically refers to the percentage of cash-back, points, or miles you earn for each dollar spent using a rewards credit card or similar loyalty program. The rate can vary depending on the category of spending, such as dining, travel, groceries, or general purchases. For example, a card might offer 2% cash-back on

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Global Entry and TSA PreCheck

Global Entry: Provides expedited clearance for international travelers entering the U.S. Members enter through automatic kiosks at select airports. TSA PreCheck: Allows expedited security screening for flights departing from U.S. airports. It provides a faster security line and doesn’t require the removal of shoes, laptops, or liquids.

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Foreign Transaction Fees

Foreign Transaction Fees are charges that banks and credit card companies apply when you use your card to make a purchase in a foreign currency or through a foreign bank. These fees typically range from 1% to 3% of the transaction amount. They are intended to cover the cost of converting currency and processing the

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Cash Back Rewards

Cash Back Rewards are a type of incentive offered by credit card companies, where a percentage of the amount spent on purchases is returned to the cardholder. These rewards can be accumulated over time and redeemed for statement credits, gift cards, or direct deposits, among other options. The specific percentage of cash back and the

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