Comparing American Express Prepaid Cards

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Prepaid cards are becoming more popular.  But the world of prepaid cards can be daunting especially when you’re comparing American Express Prepaid Cards.

How do you choose? Which one is better for you?

Miles and points junkies have been raking in frequent flyer miles and points through credit cards (welcome offers/bonuses and purchases) ever since credit card companies started affiliating with the airlines.  Now, the rapidly growing trend among the miles and points community is a focus on prepaid cards.

Why prepaid cards?  Once you know all the in’s and out’s, combined with large credit card signup bonuses you can leverage more miles and points.  But the trick is knowing which prepaid cards to get.

There are several prepaid cards on the market, in this five part series I’m covering American Express prepaid cards.

Part 1 of this series will cover Comparing American Express Prepaid Cards.
Part 2 of this series will cover the American Express Prepaid Card – Part One
Part 3 of this series will cover the American Express Prepaid Card – Part Two
Part 4 of this series will cover the American Express Bluebird Card
Part 5 of this series will cover the American Express for Target Card

If you’re already playing the prepaid card game you’re probably thinking, “Yeah, but what are you going to tell me that I don’t already know or hasn’t already been talked about by every other miles and points blogger, especially FrequentMiler and MillionMileSecrets?

Probably not much, maybe a little gem here or there, but then you, the miles and points junkie whose already using prepaid cards, is not for whom I’ve written this post.  So sit back, relax and just enjoy the post/s.  And feel free to comment as I’m totally ok with comments, good or bad.  Naturally, I prefer good…

American Express offers three Prepaid Cards: American Express Prepaid, American Express Bluebird, and the American Express for Target Card.

While each offers the same purchase protections as afforded by an American Express credit card, there are subtle nuances to each card as you can see from the chart below.

In Part 2 I’ll discuss the American Express Prepaid card and go into depth about each of the features and fees.  I’ll also provide examples on the best way to leverage usage out of the card.

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Traveling Well For Less has partnered with Your Best Credit Cards for our coverage of credit card products. Traveling Well For Less and YBCC may receive a commission from card issuers.

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Southwest® Rapid Rewards® Premier Business Credit Card

The Southwest® Rapid Rewards® Premier Business Credit Card is currently offering a quick way to get up to two years of free flights. The welcome offer is up to 120,000 points: 60,000 points after spending $3,000 in the first three months. And another 60,000 points after spending a total of $15,000 in the first 9 months. This offer will end soon.

 

My favorite perks about this card are earning 3X points per $1 on Southwest purchases, 2X points on rideshare, 2 free Earlybird checkins, and no foreign transaction fees.

 

Review of the Southwest Premier Business card.

 

Learn more about the Southwest® Rapid Rewards® Premier Business Credit Card and how to apply

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Capital One Venture X Business

With the Capital One Venture X Business the welcome offer is 150,000 mile bonus after spending $$30,000 on purchases in the first three months.

 

My favorite perks about this card are free Capital One Lounge access, earning 2X points on all purchases, and transferring miles to over 15 travel loyalty programs.

 

Learn more about the Capital One Venture X Business and how to apply

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Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is the best card to get started in the world of miles and points. It is the first card you should get to start traveling for free because the welcome offer is 60,000 points after spending $4,000 in the first three months.

 

My favorite perks about this card are earning 5X points on travel when booked through the Chase portal (2X if direct purchase), 3X points on dining, $50 yearly credit on hotels booked through the Chase portal, no foreign transaction fees, and transferring points to 13 airline and hotel partners like Hyatt, United, and Southwest.

 

Learn more about the Chase Sapphire Preferred® Card and how to apply