Rhonda Stewart, WalletHub Loans Analyst
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The American Express balance transfer fee is 3% (min $5) of the transferred amount. All American Express cards that offer balance transfers charge this fee.
American Express Credit Cards Balance Transfer Fees
- The Amex EveryDay® Credit Card from American Express: 3% (min $5)
- Amex EveryDay® Preferred Credit Card: 3% (min $5)
- Blue Cash Everyday® Card from American Express: 3% (min $5)
- Blue Cash Preferred® Card from American Express: 3% (min $5)
Transfer fees are a key component of a balance transfer. Plus, these fees apply to each balance that you transfer to an American Express card. It is also worth noting that you can only transfer balances (including fees) up to your available credit limit.
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