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The Knot Credit Card from American Express was last reviewed on 23th January 2008
Summary - The The Knot Credit Card from American Express is a wedding credit card from The Knot, which is an online wedding store and community website for new couples to be. This card allows you to earn Membership Rewards Option Points and one of the perks is that you can get discounts and savings from The Knot if you are a cardholder. Find out more about this card.
Reward Formula - The Knot credit card allows you to earn one membership rewards options points for every dollar that you spend on the card. Points can be redeemed for rewards in the membership rewards program. As a cardholder, you will get discounts and savings at the Knot, which is an online wedding store and community. You will also get a wedding planning binder to help plan for your wedding.
New cardholders also get 5,000 bonus points. You will receive 10,000 bonus points if you spend $15,000 a year on your card.
Fees - The Knot Credit Card has no annual fee. The apr is either prime rate plus 3.99%, 5.99% or 7.99%. The average daily balance method (including new purchase) is used to calculate monthly balances.
Verdict - If you are planning ahead of your wedding, you may want to check out TheKnot.com and see if you will make use of them for your wedding related purchases. If you like the store, you may want to consider The Knot Credit Card from American Express as you can get discounts and savings from the Knot. You can also earn membership reward points and hence even after your wedding, the card is still useful.
Positives
Free Wedding Planner in a BinderEarn Membership Rewards Options pointsNo annual fee
| The Knot Credit Card |
| Reward Benefits |
| Bonus Points |
5,000 points after first purchase |
| Point Accumulation |
Earn one membership reward point for every dollar that you spend on the card |
| Caps on Points |
Earn unlimited Points |
| Points Expiration |
Membership Reward Points do not expire |
| Cost/Fees/Interest rates |
| Introductory rate |
None |
| Annual Fee |
None |
| Purchase APR |
Prime Rate plus 3.99%, 5.99% or 7.99% |
| Balance Transfer APR |
Prime Rate plus 3.99%, 5.99% or 7.99% |
| Cash Advance APR |
Prime Rate plus 14.99% |
| Penalty/Default Rate APR |
Prime Rate plus 21.99% |
| Min Finance Charge |
$0.50 |
| Grace Period |
20 days |
| Balance Calculation Method |
Average Daily Balance (including new purchases) |
| Balance Transfer Fee |
No balance transfer fee during introductory offer |
| Cash Advance fee |
3%, min $5.00 |
| Over-the-credit-limit fee |
$30.00 |
| Late Payment fee |
$30.00 |
Apply for the The Knot Credit Card from American Express
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