The Knot Credit Card from American Express®
- No annual fee. Pay over time or in full.
- Start out with a great wedding gift - 5,000 Membership Rewards® points the first time you use the Card.
- Earn an additional 10,000 bonus points when you spend over $15,000 on the Card annually.
- Track all of your wedding - related expenses with the Card on one monthly statement.
- Exclusive Welcome Gift: Plan every detail of your wedding with The Knot Wedding Planning Kit, including The Knot wedding binder, where you can manage wedding ideas, budgets, guest lists, to-do′s and more.
| Name | The Knot Credit Card from American Express® |
| Issuer | American Express |
| Credit Type | Unsecured Card |
| Card Type | Consumer |
| Intro APR | |
| Regular APR | 11.24% |
| Cash Advance APR | |
| Annual Fee | None |
| Credit Needed | Good Credit |
| Credit Limit | - |
| Network | American Express |
| Grace Period | |
| Finance Charge | 0.5 |
| Balance Transfer Fee | |
| Cash Advance fee | 3% of each transaction with $5.00 minimum and no maximum. |
| Forex Fee | |
| Setup Fee | 0 |
| Late Payment Fee | Subject to applicable law, $19 on balances less than $400 and $38 on balances $400 or greater. |
| Over-limit Fee | $35, subject to applicable law. |
| Review | This is a unique kind of credit card offered by American Express for couples who are planning a wedding. It is custom tailored to provide perks for exactly the things needed when getting married. The Knot Card takes into consideration the large amounts of money being spent for a wedding and it is designed to reward just such kinds of monetary outlays as well as provide discounts on necessary expenses. Discounts from participating businesses providing wedding dresses, travel services, event services are all included. Many merchants provide special offers exclusive to couples who have The Knot Credit Card. Cardholders are also eligible to attend VIP events open only to people within The Knot program. A unique feature of this card is that a companion card is available for parents or others who may be also purchasing for the event. This is a convenience that is not something you find in a regular credit card. Convenience checks are also available for this credit card so that purchases can be made that way if it is more suitable. The Knot Card has a 11.24% annual percentage rate for purchases. You may also transfer existing credit card balances over to The Knot at the same 11.24% rate. Cash advances are costly as with any credit card and are at 22.24%. There is no annual fee payable on this credit card and there is no fee to enroll in the rewards program. Those signing up for this credit card will also receive a wedding planning kit as well as American Express' 'nest planning' kit which is designed for newlyweds. These are helpful tools that might make all the arrangements and details a little easier. This is not the best rate credit card to use if you will be carrying the balance of your wedding expenses over a long period. The 11.24% rate will add up to quite a bit of financing charges. Whether these charges are worth the wedding planning kit and the merchant discounts received will depend on how much you will spend overall. If your discounts are considerably, the interest rate may well be offset. Overall, this card is a good idea for couples who are getting married except for the high interest rate. You will have to do a pro and con list on this one to determine if the exclusive offers are more useful to you than a lower rate card would be. |
| Term and Conditions |
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