Is The American Express Green Card Worth The $150 Annual Fee?

The American Express Green Card®* is a good travel card with solid travel and transit-related rewards, a generous welcome bonus and plenty of other benefits. However, the card does come with a $150 annual fee.

As with any card that comes with an annual fee, it’s a good idea to consider whether you’ll be able to earn back or exceed the fee through a combination of rewards, bonuses and other perks. While the American Express Green Card is a good choice for some, whether it’s right for you depends on your budget, expenses and how you plan to use the card.

When the Amex Green Card is worth the annual fee

When it comes to cards that charge an annual fee, it’s important to ensure you’re getting your money’s worth by taking advantage of all the benefits a card offers. Although the Amex Green Card may not have the luxurious perks that come with some other top American Express cards, there’s still plenty to like about this card. Some of the perks that more than make up for the annual fee include the welcome bonus, Clear Plus membership credit and more.

You want a solid welcome bonus

The card comes with a welcome bonus of 40,000 Membership Rewards® Points after spending $3,000 in your first six months (or about $500 in spending a month).

While the exact value of Amex points varies depending on how you choose to redeem them, each point is typically worth between 0.7 cents and 1 cent, which means that the 40,000-point welcome bonus alone is generally worth $280 to $400 — or enough to cover more than two years’ worth of annual fees for the card.

According to Bankrate’s latest points valuations, though, Membership Rewards points are worth an average of 2.0 cents apiece when transferred to high-value American Express airline and hotel partners — effectively making the bonus worth an average of $800.

You would use the Clear Plus membership credit

The Amex Green Card comes with up to $199 in statement credits for Clear Plus membership when you purchase a membership with your card. This membership allows you to quickly and easily get through security at airports and stadiums.

You prefer Amex Rewards

One of the most lucrative features of the Amex Green Card is its flexible rewards structure. The card earns 3X points in an expanded travel category that includes flights, hotels, transit, taxis, rideshare services, rental cars and tours. It also earns 3X points at restaurants worldwide and 1X points on all other purchases.

While your earnings depend on how much you spend in these categories, if you spend at least $5,000 in combined purchases on travel, transit and dining per year, you can cover the cost of the annual fee.

You want travel insurance

The Amex Green Card also comes with several different types of travel insurance, including trip delay insurance, baggage insurance and car rental loss and damage insurance. These perks can help to ensure that you’re covered in case something goes wrong while you’re traveling.

When the Amex Green Card is not worth the annual fee

While the Amex Green Card can be a worthwhile travel card with attractive perks, it’s not the best fit for everyone.

You don’t travel frequently

The perks and benefits of this card are designed for the frequent traveler. If you don’t travel much, you may be better off with a general rewards credit card like a flat-rate cash back card or a card that rewards spending in other areas, such as at grocery stores and gas stations.

You’re looking for a premium card

There’s a lot to like about the Amex Green Card, but consumers who aren’t afraid of high annual fees should consider other luxury travel cards. If you’re confident you can take advantage of enough card benefits to justify a higher fee, look to premium travel cards like:

For instance, The Platinum Card from American Express comes with a hefty annual fee of $695, but it also features such incredible perks as an 80,000-point welcome bonus (after you spend $8,000 on purchases in the first six months), up to $200 in hotel credits (terms apply), up to $200 in airline fee credits with a pre-selected airline, 5X points on flights booked directly with airlines or through American Express Travel (on up to $500,000 spent per year) and much, much more.

The loss of LoungeBuddy credit reduces value for you

The card previously offered up to a $100 annual credit for LoungeBuddy, a service that allowed cardholders to purchase one-time lounge passes, making it a valuable perk for occasional travelers. However, LoungeBuddy was discontinued in January 2025, and American Express has not introduced a replacement benefit.

This loss significantly reduces the card’s appeal for those who relied on lounge access to enhance their travel experience. While the Green Card still offers other benefits, the absence of the LoungeBuddy credit makes it less competitive compared to other travel cards with lounge access perks.

Should you get the Amex Green Card?

If you often travel or commute daily and want to take advantage of worthwhile perks like a $199 Clear Plus credit or rewards for transit — namely commuter perks, then the Amex Green Card is a great choice. Just make sure you are comfortable paying the $150 annual fee and can commit to responsibly making your monthly payments on time.

The bottom line

The American Express Green Card is a solid travel credit card with some attractive features, including rewards on numerous types of travel purchases and some travel-related statement credits. While the card does come with a $150 annual fee, it’s relatively easy to get much more than $150 in value from this card.

Applying for this card is a great fit if you have a recommended credit score in the good to excellent range, and are looking for a lucrative and dependable travel card. It’s not so much the best fit for those who don’t travel often or for frequent travelers looking for an even more premium card.

*Information about the American Express Green Card® has been collected independently by Bankrate. The card details have not been reviewed or approved by the issuer.