Do not get an AMEX card that has an annual fee. Why? Because they offer several cards that do NOT have an annual fee and that have better benefits. The Platinum Cash Rebate card for instance (the card I use unless the merchant doesn't take it).
I just checked the AMEX website to find you info on that card, but it looks like they don't have it on there anymore. I'll have to call 'em up tomorrow and see how that's going to affect me, but I just found the "Blue Cash" from American Express which looks even better.
No annual fee.
0% intro APR
Online Fraud Protection
Return Protection (return shit up to 90 days even if merchant won't take it... covers up to $300 per item)
Buyer's Assurance (adds time to warranty on purchases)
Purchase Protection (CD player you bought a month ago stolen? kicked your new LCD monitor after losing in a video game? AMEX covers you up to $1,000 per item, $50,000 per year)
and, the part I like best... CASH REBATES
3% cash back on supermarkets, gas stations... (oh shit... gas stations? LOL I'm going to chuck my "Chase Freedom" card in the trash now!!), drugstores, and home improvement stores. Up to 1.5% cash back on any other purchases.... and 2% cash back for months in which you carry a balance... meaning you can carry a balance for the 6 month introductory period and get 2% additional cash back on purchases.
lol
This new Blue shit card rules. I'm gonna get one tomorrow.