Woods Credit Card
As part of its rewards cards series, American Express created the all-new American Express Tiger Woods credit card
in the early 2000 which was packaged as the ultimate rewards credit card for those who live to play golf.
The main features of the Tiger Woods credit card are the rewards, which is exclusive only to
members of the American Express’ Membership Rewards Club, Club Level. A complimentary membership to this club is
given upon approval of your application for the Tiger Woods credit card and this membership entitles you to the
opportunity of earning 1 reward point for every $1 spent using the American Express Tiger Wood credit card. Every
purchase dollar spent equals points so the more the card is used, the more points can be earned. These points, when
accumulated, can be redeemed for exciting swags such as travel discounts or certificates, merchandise that include
jewelry and electronics, and access to exclusive golf events and getaways. Of course, it’s not the American Express
Tiger Woods credit card for nothing. It gives 500 bonus Club Level rewards every time Tiger Woods wins a major.
Golf rewards are the crème de la crème of the American Express Tiger Woods credit card. Being a cardholder gives
you discounts to ClubLink discounts and a green fee pass to GolfTown locations. Moreover, the Tiger Woods credit
card gives 6 complimentary issues of the premier magazine for golf enthusiasts, ScoreGolf Magazine.
Standard features of the American Express Tiger Woods credit card are the travel insurance and the non-compulsory
balance protection feature. The minimum credit limit is $500. It has an annual interest rate of 18.5% on purchases
and cash advances and an introductory APR of 5.99% on balance transfers. The grace period for the Tiger Woods
credit card is 21 days and the minimum monthly payment required is 3% of the current balance or $10, whichever is
greater. Other fees include a $99 annual fee and a $30 fee for every supplementary card requested.
To apply for the American Express Tiger Woods credit card, you will need a minimum income of $15,000 and, at least,
a good credit rating.
In recent news, following the scandal that broke Tiger Wood’s squeaky-clean image, American Express has decided to
end their 10-year relationship with the pro golfer and discontinue the American Express Tiger Woods credit
card. Though both parties insist that the separation was amicable, American Express has since decided to tie
up with the PGA of America for a more consumer-driven credit card.
Source: Credit Cards For People With Bad Credit Rating
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