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Amex prepaid card (not PASS)

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Anonymous
Not applicable

Re: Amex prepaid card (not PASS)


@daylove wrote:

 


@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.


 

Why?

Message 11 of 14
carlosg
Valued Member

Re: Amex prepaid card (not PASS)


@daylove wrote:

 


@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..


Of course the want more customers, they don't want you to have good credit that is why the fico score was created. Before fico score it was to simple you pay your credit card on time you have good credit. Now that is not the case


Starting Score: 500
Current Score: 627
Goal Score: 700


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Message 12 of 14
CS800
Super Contributor

Re: Amex prepaid card (not PASS)


@daylove wrote:

 


@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..


Better ones by creating a hype about a prepaid card that has nothing to do with credit rating?




Message 13 of 14
trumpet-205
Valued Contributor

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 used to have student card for college students/teenagers who are starting out on building credit. During recession, however, they got burned pretty bad from these cardholders so they discontinue the student card.

Message 14 of 14
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