The American Express (Amex) card is a payment card issued by the financial services corporation American Express. Unlike most credit cards, which operate on a third-party network such as Visa or MasterCard, American Express operates its own network. This means that Amex handles both the issuance and processing of the card.
Amex offers several types of cards, including:
Credit Cards: Allows you to carry a balance over time subject to interest charges.
Charge cards: You are required to pay off the balance in full each month. These typically don’t offer a pre-set spending limit, although your purchases are still approved based on factors like your spending history.
Prepaid and Debit Cards: Reloadable payment cards for general use or specific purposes.
Amex cards are known for their high-quality customer service and rewards programs, including points, cash back and travel perks.
How to get an American Express card
To get an Amex card, you have to meet certain eligibility requirements and apply online. American Express is selective, and requires a good to excellent credit score for many of its cards.
Basic eligibility requirements
While this can vary by card and country, common requirements often include:
Good credit history: You need a strong credit score, usually 700 or above, with no history of payment defaults.
Stable income: A stable income is required to be able to afford the monthly payments and annual fees, although specific income requirements vary by card.
Minimum age: You must be at least 18 years old.
Valid Address: Applicants must provide a valid residential address.Valid Address: Applicants must provide a valid residential address.
Steps to apply online
- Check your credit score. Before you apply, review your credit score and history to see if you meet the requirements. An online tool can tell you which cards you’re likely to be approved for.
- Compare Amex cards. Visit the American Express website and review the available cards. Compare their features, rewards, annual fees, and specific eligibility requirements.
- Choose the right card for you. For your first Amex card, consider one with lower income and credit requirements, such as the Blue Cash Everyday card.
- Complete the online application. Click “Apply Now” on your chosen card’s page and fill out the application with your personal, contact, and financial details.
- Submit necessary documents. You may be asked to provide documentation for identity, address, and income. If your application is successful, you can receive your card in about 7–15 days