The Amex Serve prepaid cards are like your ordinary plastic cards that have been preloaded with money that you choose. They will only be used in places that accept their Visa cards, such as shops and restaurants.
The prepaid cards are basically a debit card that you load with money that you choose. It works just like a credit card, but with the added benefit of the ability to load money with a single touch of a button from your phone. The cards may be loaded by spending one dollar, five dollars, or ten dollars, as well as using the amount of money already on the card. The prepaid credit cards are only FDIC insured, so check out the terms of each company carefully before you spend.
The cards work like any other card. Simply use your credit card to make purchases at stores that accept the card or from online merchants that accept Visa. You can also use the card in other countries and regions. This means that even if you're not in the U.S., you can use the cards wherever you go. The reason most people use the cards abroad is because they are convenient and allow the user to shop around without leaving home.
The cards work like all other cards. Once you start using the card, you must pay it off in full every month. This is usually a simple monthly bill sent to your address from the credit card company. In order to get the highest benefits, you should pay the full amount every month. If you do, you'll be able to receive reward perks, which include cash back rewards, airline miles, and gift certificates.
If you are traveling abroad, you should keep a balance on the card when you're there. Some cards will transfer you to a new card once you have met the balance requirement. If you don't want to transfer the balance to another card, you can put a small amount in an ATM and then withdraw it when you need it to make a trip back home.
Most people who have an Amex Serve credit card love it because they can travel anywhere without worrying about losing the card. Although this card is not accepted everywhere worldwide, you won't have to worry about it being stolen or lost when you're traveling abroad.
As long as the card has not yet been maxed out, you can reload the card with money from the money in your account whenever you like. The amount of money that you can put into the card is up to you and your bank. There is a limit as to how much you can put into the card, but it isn't set in stone, so you can put as much money as you'd like.
When you have this card, you will need to remember that it is yours only and you can't give it to anyone else. . . . . . . unless you want to receive a statement that shows that person's name on the card. You must pay off the balance in full every month or risk losing it permanently.