You may have seen recently that American Express is testing a new charge card that targets prospects in their 20s. The ZYNC card, currently being advertised on American Express’s website and already being tracked by Mintel Comperemedia, could be a great new tool for young adults looking to spend wisely.

The card has an annual fee of only $25, far lower than other charge card products American Express offers. In addition, new cardholders can pick one or more “Lifestyle Packs” for an additional fee, with the exception of the Eco Pack, which is fee-free. The Lifestyle Packs offer members the opportunity to earn double Membership Rewards points in certain categories (for example, the Go Pack offers double points on travel purchases).

This card is a customizable, affordable and mature way for young adults to begin establishing themselves financially. How do you think it will do?

Bookmark It

Hide Sites