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Regular Contributor
danpass
Posts: 227
Registered: ‎06-01-2011

Amex prepaid card (not PASS)

Interesting that there are no foreign transaction fees with this 'card'.

BK to fall off 2/12 - DONE!
myFICO (6-14-11): EX ?, EQ 684, TU 713
FICO (5-17-12): EX: 731
CreditSecure FAKOs (6-14-11): EX 745, EQ 661, TU 654
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Goal: 760 across the board
Established Contributor
TannerK
Posts: 1,275
Registered: ‎12-02-2010

Re: Amex prepaid card (not PASS)

Theres a whole page about it here:

 

https://www212.americanexpress.com/dsmlive/dsm/dom/us/en/personal/cardmember/additionalproductsandse...

 

Seems like there marketing it more for adults as pass seems to be for teens.

Regular Contributor
danpass
Posts: 227
Registered: ‎06-01-2011

Re: Amex prepaid card (not PASS)

I know, that's where I saw it.

 

:smileywink:

BK to fall off 2/12 - DONE!
myFICO (6-14-11): EX ?, EQ 684, TU 713
FICO (5-17-12): EX: 731
CreditSecure FAKOs (6-14-11): EX 745, EQ 661, TU 654
CreditSecure FAKOs (5-17-12): EX 732, EQ 671, TU 697
Goal: 760 across the board
Valued Contributor
john398
Posts: 2,465
Registered: ‎01-19-2009

Re: Amex prepaid card (not PASS)

Wow is that green dot? If so arent there fees to load the card?

Regular Contributor
kilps
Posts: 142
Registered: ‎01-01-2011

Re: Amex prepaid card (not PASS)

Not according to the website. Only fee it looks like is the ATM fee for more than 1 ATM withdrawal.

7/6 Equifax Fico - 678, 7/12 EX Fico 720 (lender pull), 7/19 TU Fico 707
Super Contributor
CS800
Posts: 6,149
Registered: ‎04-07-2008

Re: Amex prepaid card (not PASS)

AMEX should have come up with a credit builder card or even a secured card. This would have gotten them more customers. This one is a prepaid card that has no contribution whatsoever to someone's credit.

 

They go either prime cards or prepaid card. How about something in between?





Super Contributor
concorduser
Posts: 6,023
Registered: ‎09-18-2007

Re: Amex prepaid card (not PASS)

I ordered one card online. Not sure when it would arrive.

Regular Contributor
daylove
Posts: 146
Registered: ‎08-06-2009

Re: Amex prepaid card (not PASS)

 


CS800 wrote:

AMEX should have come up with a credit builder card or even a secured card. This would have gotten them more customers. This one is a prepaid card that has no contribution whatsoever to someone's credit.

 

They go either prime cards or prepaid card. How about something in between?


they do not want more customers they just want better ones..

Regular Contributor
daylove
Posts: 146
Registered: ‎08-06-2009

Re: Amex prepaid card (not PASS)

 


john398 wrote:

Wow is that green dot? If so arent there fees to load the card?


Amex prepaids are pretty bad...Western Union prepaid is a better choice.

Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: Amex prepaid card (not PASS)


john398 wrote:

Wow is that green dot? If so arent there fees to load the card?


There are various ways to load the card.  If you use your AmEx card or bank account to load, there are no fees.  If you use a "Money Pak" then there is a fee included in the purchase price.  I think AmEx says they will even refund that fee.

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