You have seen many advertisements from Amex card offers and there is a good chance you have received some offers as well. If you have not checked out the credit card offers that are currently out there, then you may want to do so right away because they could be quite attractive for anyone who does not have any credit whatsoever. But before you sign up for anything, you need to do your homework first.
The first thing that you should know about this card is that it is a secured card. What this means is that you will need to put money down on the card in order to receive a credit card. If you have bad credit, you will be able to get approved but there are some things that you will have to pay for before the card even becomes available to you.
The best part about this card is that you will have unlimited credit for purchases that you make, even if you do not have any credit limit. What you will do is to apply for the card online. The next step you will have to take is to fill out a certain amount of information about you including your name, address, social security number, and date of birth.
After you fill out the credit card application, the processing of your request will begin. If you are approved for the card, then you can use it right away or at a later time. If you apply for a card online, you should expect to wait around twenty-four hours before you receive your card in the mail. But, if you apply for an Amex card through a local bank or store, you will have the card right away.
If you want to have an Amex card, there are some important things that you will have to remember about this card before you decide to apply. First, you will have to make sure that you are not going to charge more than you actually need to. If you charge more than you actually have to, then this can hurt your chances of having an Amex card. Also, . . . . . . make sure that you pay off your balance on time so that you can keep your Amex card.
If you decide to apply for an Amex card, then you will also have to consider the APR that the company has to offer. This APR can vary by several percent points depending on how much you owe on the card, so you need to check the company out first.