CosmoProf Rewards Credit Card Review: Rewards, Fees & Benefits

Rewards

Reward TypePoints

Base Rate1x / 1%

Bonus RateUp to 5x

Point Value~0.01¢ each

ExpirationPoints will expire 12 months from the date they are earned.

Redemption NotesPoints will be forfeited if your Account is closed or if the Rewards Program terminates.

Category	Rate	Type	Cap
CosmoProf & SalonCentric Purchases Earn 5 points for every $1 spent at CosmoProf and SalonCentric.	5x	Points	No cap
All Other Purchases Earn 1 point for every $1 spent everywhere else Visa is accepted.	1x	Points	No cap

Benefits & Protections

Benefit	Category	Value / Coverage
Birthday Offer Cardholders in good standing will receive a special birthday offer.	Lifestyle	Special offer
Accelerated Rewards Earning at CosmoProf/SalonCentric Earn 2 points for every $1 spent on eligible purchases at CosmoProf and SalonCentric stores and online at CosmoProfBeauty.com and SalonCentric.com.	Shopping	2 points per $1
Exclusive Cardholder Offers Cardholders may receive exclusive offers from time to time.	Shopping	Exclusive offers
Rewards Certificate Redemption Receive a $10 Rewards Certificate for every 1,000 points earned. Rewards Certificates expire 90 days from the date of issuance.	Shopping	$10 per 1,000 points Up to $10
Standard Rewards Earning on Other Purchases Earn 1 point for every $1 spent on eligible purchases everywhere else Mastercard is accepted.	Shopping	1 point per $1

Interest Rates

Purchase APR29.99% Variable

Balance Transfer APR29.99%

Cash Advance APR29.99%

Min. Interest Charge$2

Deferred Interest Warning: Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full by the end of the promotional period. Minimum monthly payments are required.

Fees

Annual Fee $0 — No Annual Fee

Authorized User FeeFree

Foreign Transaction FeeNone

Balance Transfer FeeEither $10 or 5% of the amount of each balance transfer, whichever is greater.

Cash Advance FeeEither $10 or 5% of the amount of each cash advance, whichever is greater.

Late Payment FeeUp to $41

Returned Payment FeeUp to $41

Approval & Eligibility

600 Recommended minimum FICO · Range 600–700

300 Poor580 Fair 670 Good740 Very Good 800+ Exceptional

Approval DifficultyModerate

Credit ProfileFair

Approval OddsGood

Decision TimeInstant

Pre-QualificationNot available

Co-ApplicantNot allowed

Business EligibleNo

Issuer Rules & Restrictions

Maximum Cards per Issuer

You can hold up to 5 cards from this issuer simultaneously.

Shutdown Risk Triggers

Manufactured spending, high cumulative credit limit across Amex products, excessive credit seeking, abuse of return policies, suspicious spending patterns inconsistent with normal behavior, failure to pay on time, or a pattern of opening and closing accounts solely for welcome bonuses (churning).

Cliff Effect Rules

American Express is known for 'family rules' where eligibility for a welcome bonus on one card may be affected by holding or having held another card within the same product family (e.g., Delta, Marriott). While the 'cosmo-prof-rewards-credit-card' primarily falls under the 'one bonus per lifetime' rule for its specific product, applicants should be aware of potential broader Amex family rules for other co-branded or proprietary cards.

International Friendly

This card works well for international travel and transactions.

Additional Issuer Rules

Eligibility for the 'cosmo-prof-rewards-credit-card' generally requires good to excellent credit, being 18 years or older, and meeting American Express's internal underwriting criteria. A key bonus rule is 'One welcome bonus per card per lifetime,' meaning you can only receive the welcome offer once for this specific card product. Application rules include the '2/90 Rule,' limiting applicants to a maximum of 2 credit card approvals from American Express every 90 days.

Military & Hardship

MLA Compliant

Complies with the Military Lending Act (36% APR cap for active duty servicemembers).

SCRA Benefits

Federal law provides important protections to members of the Armed Forces and their dependents, limiting the cost of consumer credit to an annual percentage rate of 36 percent, including certain fees.

CosmoProf Rewards Credit Card