Secured Business Credit Card From American Express

Secured Business Credit Card American Express - You want to know if there is a secure business credit card from American Express. Well, although American Express does not offer a secured credit card specifically for business shopping, they offer secure consumer credit cards called USAA Safe Cards from American Express.

No business credit cards are safe from American Express, but you have an option. Because increasing your personal credit will increase your business financing options, we recommend finding a secure consumer credit card.

If you insist on finding a secure business credit card, you should consider Wells Fargo Secured business Credit Card. However, we found that secure personal credit cards are often the way business owners should do business to increase their business funding options.

USAA Safe Card from American Express

While this is not a secure business credit card, American Express offers consumer cards - USAA Secure Credit Cards - for individuals who want to improve their credit.

Although all secured credit cards come with the same basic features, credit lines are secured by bail, they all vary significantly in these fundamental features.

Rates and Charges for USAA Secure Cards from American Express

With USAA Secure Credit Cards from American Express, you must pay the following rates and fees:

The annual fee is $ 35
Balance transfer fee 3%
3% advance fee
$ 35 penalty fee or late or refunded payment
APR variable on whatever balance you bring from month to month

Be sure to note that, no matter how you spend it, you have to pay a $ 35 annual fee to access this secure credit card. Plus, if you have an existing balance to transfer to the card, or you have to bring the balance from month to month, then the costs and interest can actually accumulate. If you are not careful, then this fee may cover APY in your security deposit for this secure credit card.