Don't waste your time getting this card for starters they do not report to the credit bureaus. They won't evaluate your account after 1yr to see if you qualify for a unsecured account you have to reapply for the regular optima account and also to be accepted you have to have premium credit. What is funny that they LIED to me! On the month my annual fee was due I called american express to find out about my account and they told me that my account was unsecured and they were sending me my security deposit "in the Mail" SO I PAID my annual fee and waited a month and called back and they told me that my account was still secured and I would have to reapply for a unsecured account. Can you believe that they tricked me into paying the annual fee. Recently I closed that account and when I did they had no remorse in doing so meaning they did not try to keep my business which is ironic in 1992 I Closed the Gold Card with a zero balance and they begged me to keep it open.....I guess American Express is not like it used to be. So I could apply for the GREEN CARD but I now have really too many accounts and I will not Pay the 55 dollar fee and especially American Express is not worthy of my business.