Hello Guys,

I just got approved for American Express Preferred Rewards Gold Card. I am not sure hether I should go ahead and apply for it. As I see, the pros include,  Having an AMEX card (which is supposed to be good), no credit limit, exclusive rewards points that don't expire.  And the cons include, need to may off the balance at the end of each billing cycle, annual fee of 125 dollars and since I am student and not much of a traveler I am not not sure if  I can make use of all those rewards points. What would you guys suggest me ? What would you do in my case? Anyone with the similar card please reply. thanks a lot.

they will ask you for your business, i guess. And why you want to pay 125 dollars if you don't need it rt now. Just go for american exp blue.

credit is good, credit cards are bad, just think twice