Are you tired of being overlooked for the best credit card options simply because your credit score is just "fair?" Good news! American Express (Amex) has options for those with less-than-perfect credit scores. Let Flik Eco guide you through the world of Amex cards for fair credit so you can take control of your financial destiny and boost your score!
Amex Cards For Fair Credit Table of Contents
Understanding Fair Credit
First, let's define what we mean by "fair" credit. Credit scores typically range from 300 to 850, with rankings as follows:
- Poor: 300-579
- Fair: 580-669
- Good: 670-739
- Very Good: 740-799
- Exceptional: 800-850
If you fall within the "fair" range, you may have limited options in the credit card marketplace. However, Amex offers some solid choices to help you work your way up the credit ladder.
The Top Amex Cards for Fair Credit
We've done the research for you and identified three top Amex cards that might be a perfect fit for individuals with fair credit. Here's a sneak peek at your potential Amex card match:
Amex EveryDay® Credit Card
- No Annual Fee
- Earn 2x points at US supermarkets (up to $6,000 per year in purchases, then 1x) and 1x points on all other purchases
- Receive a 20% points bonus when making 20 or more purchases in a billing period
- 0% intro APR on purchases for 15 months, then a variable rate applies
Blue Cash Everyday® Card from American Express
- No Annual Fee
- Cash-back rewards: 3% at US supermarkets (up to $6,000 per year, then 1%), 2% at US gas stations and select department stores, and 1% on all other purchases
- 0% intro APR on purchases for 15 months, then a variable rate applies
- Welcome bonus: Earn $200 back after spending $1,000 in purchases within the first three months
American Express Cash Magnet® Card
- No Annual Fee
- Unlimited 1.5% cash back on all purchases
- 0% intro APR on purchases for 15 months, then a variable rate applies
- Welcome bonus: Earn a $150 statement credit after spending $1,000 within the first three months
Amex Cards For Fair Credit Example:
Imagine you're an avid cook who loves spending a good chunk of your paycheck at the grocery store. The Amex EveryDay® Credit Card could be an ideal match for you. With the card's 2x points on US supermarket purchases (up to $6,000 per year) and 1x points on all other purchases, you'll see your rewards rack up quickly. Plus, if you make 20 or more purchases within a billing period, you'll receive a 20% points bonus – perfect for redeeming gift cards, travel rewards, or even a statement credit to offset your balance!
With Amex cards for fair credit, you can take advantage of great rewards programs and work on boosting your credit score at the same time. Don't let a "fair" credit rating hold you back – explore the card options above to discover your perfect financial partner. And remember, Flik Eco is here to help you navigate the complex world of personal finance with our accessible guides and expert insights. Don't forget to share this article with friends and check out our other helpful content to continue your journey toward financial success!
