American Express® Prepaid Card

Quick Card Summary

• Fewer fees than other prepaid cards
• No credit checks or overdraft fees
• No transaction fees - Use wherever American Express is accepted worldwide

Ongoing APR	Setup Fee	Annual Fee	Credit Bureau Reporting	Credit Required
n/a	$0	$0	No	Bad Credit OK

Creditnet's Full Review

American Express® has added a "fewer fees" prepaid card to its popular suite of cards. In fact, the only fee this card charges is an ATM fee of $2. You may not even need to pay this fee if you only withdraw once a month—you get one free ATM withdrawal every month (up to $400 at a time). Here are the fees you won't be paying with this card:

• No activation fees
• No load fees
• No monthly fees
• No annual fees
• No purchases fees
• No overdraft fees
• No inactivity fees
• No foreign transaction fees

Loading funds is easy. Just enter your account info online to load/reload whenever you want for free. You can also load up to $5,000 from your paycheck each month via direct deposit. Or purchase a MoneyPak® at a local retailer like Walmart, CVS, 7-11, and Walgreens. For a limited time, American Express® will refund you the cost of your first MoneyPak®!

And as a card-carrying member, you'll enjoy the many benefits that make American Express® so popular with its cardholders:

• Great customer service: They've won awards because they're so good!
• Purchase protection: If an eligible item purchased with this card is accidentally damaged or stolen within 90 days of purchase, American Express® will reimburse you in full.
• Fraud protection: If your card is lost or stolen, you won't be held responsible for any fraudulent activity. American Express® will actually replace the stolen funds.
• Roadside assistance: Car trouble? Just call the number on the back of your card and help will be on its way in no time.
• Global assist: If you find yourself needing emergency assistance and are more than 100 miles from home, American Express® can help you find the local help you need wherever you are in the world.
• Discounts on travel, entertainment, dining, shopping and more: Merchants we know and love pair up with American Express to offer cardholders great discounts and deals.

You get all these benefits for virtually no fees with the American Express® Prepaid Card. And since you can only spend what's preloaded on the card, there's no risk of overdrafting or ruining your credit.

Have less-than-perfect credit? The American Express® Prepaid Card is a great way for you to start developing good spending and budgeting habits. Regular use of your prepaid card may even earn you an invitation by American Express® to apply for one of their charge cards. Charge cards report your financial activity to credit bureaus, which means your on-time payments and responsible use could help improve your credit standing.

Wait, there's more...

Read our blog post on the American Express® Prepaid Card.

Offer details may have changed since the last update of the information on this page. Please see Fees, Terms & Conditions for updated and complete information.

Purchase Rates

Intro APR:	n/a
Intro Period:	n/a
Ongoing APR:	n/a
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Balance Transfer and Cash Advance Rates

Balance Transfers		Cash Advances
Intro APR✝ :	n/a	Intro APR✝ :	n/a
Intro Period:	n/a	Intro Period:	n/a
Ongoing APR:	n/a	Ongoing APR:	n/a
Penalty APR:	n/a	Penalty APR:	n/a
Transfer Fee:	n/a	Advance Fee:	n/a
Min. Transfer Fee:	n/a	Min. Advance Fee:	n/a
Max. Transfer Fee:	n/a	Max. Advance Fee:	n/a
✝ Must initiate transfer:	n/a

Miscellaneous

Other Rates		Credit Line		Penalty Fees
Foreign Transaction Fee:	0%	Min:	n/a	Late Payment:	n/a
Min. Interest Charge:	n/a	Max:	n/a	Over the Credit Limit:	n/a
				Returned Payment	$0.00