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Does American Express have a Secured American Express Credit Card?

In: Credit and Debit Cards [Edit categories]

Answer:

Yes, they do. You have to open a Certificate of Deposit and pledge it as collateral. The limit on the credit card is equal to the amount of the CD you open.

First answer by ID1204064293. Last edit by ID1204064293. Question popularity: 2 [recommend question].

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Relevant answers:

Is American Express a credit card?
YES
How can you apply for an American Express credit card?
An American Express credit card still has one of the lowest interest rates in the industry. It can be applied for by going online to fill out the required information.
What is an American express card a charge card or credit card?
Credit Cards are a type of charge card. American Express is a charge card brand that offers both credit and debit cards. It depends on the account type of the person using it.
Is the american express platinum card a credit card?
Yes, American Express Platinum Card is a credit card
What are the benefits of an american express card?
"There are several options for American Express cards with benefits including, no interest, 24/7 support, emergency card replacement, travel insurance, flight savings and VIP lounges at airports."