American Express Green Card
American Express
Points beginners who want a no-fee entry into the Membership Rewards ecosystem.
VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
The cheapest way to collect transferable Membership Rewards points in Canada. Earn rates and insurance are bare-bones, but at $0 a year it is a useful keeper card.
Reward rates
All purchases | 1x |
VaultNerd values these points at ~2¢ each.
Welcome bonus
10,000 Membership Rewards points
Requirement: Spend $1,000 in purchases in the first 3 months
Pros
- Rare no-fee access to fully transferable Membership Rewards points
- Decent 10,000-point welcome bonus for a no-fee card
Cons
- Flat 1x earn rate everywhere
- Essentially no travel insurance coverage
Perks
- No annual fee, including free additional cards
- Full Membership Rewards flexibility: transfer 1:1 to Aeroplan, Avios and other partners
- Redeem points as statement credits on any purchase (1,000 points = $10)
- Amex Experiences and Front Of The Line presale tickets
Insurance
- Purchase protection up to $1,000 (90 days)
- Extended warranty (+1 year)
Researching and writing about Canadian credit cards and rewards since 2026.
“American Express Green Card Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/amex-green, updated June 2026.
- American Express cardholder agreement and rates & fees disclosure
- VaultNerd cards database