No, there are no American Express cards for bad credit at the moment. Applicants need at least good credit to have decent odds of approval for most American Express credit cards.
If you’re considering an American Express card but don’t meet the minimum credit requirements, you can request to be added to another person’s credit card as an authorized user. Another option is to apply for a card from another issuer with less stringent requirements.
Here are some of the best credit cards for bad credit:
Keep in mind that, with responsible use of a card for bad credit, your credit profile should gradually improve over time. Once you have good credit, you can apply for an American Express card with a good chance of being approved.
There are no American Express credit cards that are easy to get. They all require good credit or better. The USAA® Secured American Express® Card used to be the easiest American Express card to obtain as it was available to people with bad credit. But USAA® Secured American Express® Card is no longer available to new applicants.
While American Express credit cards aren’t that easy to obtain, there are several other credit cards that are easy to get approved for.… read full answer
Having one of these credit cards may increase your chances of landing an American Express credit card in the future, if you use it responsibly. That means paying your bill on time every month and keeping your credit utilization below 30% of your credit limit.
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for an American Express credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.
*All information about the American Express Cash Magnet® Card has been collected independently by WalletHub. The American Express Cash Magnet® Card is no longer available to new applicants through WalletHub, but may be available on the American Express website.
One of the easiest credit cards to get with bad credit is the OpenSky® Secured Visa® Credit Card because there’s no credit check required for approval. As long as you have a U.S. mailing address, proof of your identity and some income, you can get an OpenSky. This card has an annual fee of [sc_c55e1eff3ee32db7c067ecc2dd186173] and requires a refundable deposit of at least $200 to “secure” the credit line. The deposit amount becomes your credit limit.… read full answer
If you’re looking for an unsecured credit card for bad credit, one of the easiest to get is the Credit One Bank® Platinum Visa® for Rebuilding Credit. This card gives you 1% cash back on gas and grocery purchases, as well as 1% back on mobile phone, internet, cable and satellite TV services. The card has an annual fee of $75 intro 1st yr, $99 after.
You should be wary of credit card companies that offer unsecured credit cards to people with bad credit, though. They can give you an unsecured line of credit, but most come with big fees and high interest rates. Unless you need an emergency loan, it’s better to get a secured credit card and build up your score enough to qualify for a good unsecured card.
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