Amegy Reserve Credit Card Review

Amegy Reserve Credit Card is a cashback credit card issued by Amegy Bank. If you're wondering whether Amegy Reserve Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Generous reward rate. You will get a a rewards rate of 3 points per dollar spent.
• Earn 2 points for every dollar spent on everyday purchases. Terms and conditions apply. This is higher than the average reward rate (1 point per dollar spent) for everyday purchases.
• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• Signup bonus. Offers a signup bonus of 50000 points after spending $5,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 25.74% up to 23.74%.
• 3% Balance transfer fee. Amegy Reserve Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Amegy Reserve Credit Card Pros and Cons:

The Good

The Bad

0% APR balance transfer intro rate on balance transfers for up to 6 months. Multiple credit card perks. Access to a concierge. Travel accident and travel assistance insurance. Trip cancellation insurance. No foreign transaction fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Amegy Reserve Credit Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Higher than average purchase APRs. Requires good to excellent credit. Charges an annual fee of $450 Charges a 3% balance transfer fee.

Is there a Amegy Reserve Credit Card cash back or rewards program?

Amegy Reserve Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Amegy Reserve Credit Card you receive 2% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $20 back in cash. However, you can earn up to 3% for purchases in a bonus category.

Amegy Reserve Credit Card Rewards

Rewards rate (all purchases)	2%
Max rewards rate	3%
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	50000
Signup Bonus Spend Requirement	$5000
Signup Bonus Spend Period (months)	3 months

What are the Amegy Reserve Credit Card benefits?

Amegy Reserve Credit Card provides the following benefits:

• Emergency Support
• Trip Cancellation Insurance
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Amegy Reserve Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Amegy Reserve Credit Card has higher than average purchase APRs.

Amegy Reserve Credit Card has a variable purchase APR that ranges from 25.74% up to 23.74%. The card has a variable balance transfer APR that ranges from 15.74% up to 25.74%. It also has a variable cash advance APR of 24.74% .

What are the fees for Amegy Reserve Credit Card?

The following fees apply to Amegy Reserve Credit Card:

Amegy Reserve Credit Card Fees

Fees	Amount
Annual Fee	$450
Foreign Transaction Fee	0%
Returned Payment Fee	up to $35
Late Payment Fee	up to $35

Does Amegy Reserve Credit Card report your account activity to credit bureaus?

Amegy Reserve Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Amegy Reserve Credit Card

• Visit the Amegy Reserve Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.