American Express secured credit card?

Do you want to know if American Express offers secured credit cards and also learn about other available options in the United States? Responsible Economy is here to give you all the necessary information. Let’s get started!

American Express secured credit card

Currently, American Express does not offer secured credit cards, which might be surprising considering its significant presence as a major U.S. and global bank. Given the widespread demand for secured credit cards among individuals, it’s noteworthy that American Express has decided not to enter this substantial market opportunity. This decision could potentially restrict its ability to connect with a wider range of customers.

Alternatives to American Express secured credit card

We have created a ranking with the best secured credit cards you can apply for, since you cannot obtain any with American Express:

Capital One Quicksilver Secured Credit Card Logo
  • Fees: $0
  • Cashback: 1.5%
  • Welcome bonus: $0
  • Credit Score: No
Discover it Cash Back
  • Fees: $0
  • Cashback: 1%-5%
  • Welcome bonus: up to $300
  • Credit Score: 690-850
  • Fees: 0
  • Cashback: No
  • Welcome bonus: No
  • Credit Score: No
Bank of America customized cash rewards secured credit card
  • Fees: 0
  • Cashback: Up to 3%
  • Initial deposit: $200-$5,000
  • Welcome bonus: No
  • Credit Score: No
Opensky plus secured credit card
  • Fees: 0
  • Cashback: 0%
  • Initial deposit: $300
  • Welcome bonus: No
  • Credit Score: No
Bankamericard secured credit card
  • Fees: 0
  • Cashback: 0%
  • Initial deposit: $200-$5,000
  • Welcome bonus: No
  • Credit Score: No
OpenSky secured credit card
  • Fees: $35
  • Cashback: 0%
  • Initial deposit: $200
  • Welcome bonus: No
  • Credit Score: No
Bank of america unlimited cash rewards secured
  • Fees: 0
  • Cashback: 1,5%
  • Initial deposit: $200-$5,000
  • Welcome bonus: No
  • Credit Score: No
U.S. Bank Secured Visa credit card
  • Fees: 0
  • Cashback: 1,5%
  • Initial deposit: $200-$5,000
  • Welcome bonus: No
  • Credit Score: No

Conclusion and opinions

To sum up, it’s clear that American Express does not presently provide secured credit cards. The good news is that there are plenty of other banks that offer this type of credit card. When considering applying for a secured credit card, it’s crucial to remember the importance of thoroughly reviewing and comprehending all the terms and conditions that come with it.

To conclude, you have more related content about secured credit cards:

Updated the day 1 September, 2023 by Alfredo Barandiarán

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Alfredo Barandiarán
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