American Express® Balance Transfer Credit Cards

Until September of 2008, American Express® had offered a number of fixed APR balance transfer cards. However, once the credit crunch began, American Express stopped offering these balance transfer deals. It is still possible to transfer balances to an American Express credit card. However, these balances are charged the standard interest rate. Thus, you may want to view the 0% APR balance transfer section if you are looking for a no interest card.

Although American Express balance transfers have been unavailable for almost three years, they continue to offer some of the best rewards credit cards. Below you can compare these offers and apply online for approval.

American Express® Credit Card Offers

American Express Credit Card Trends

Very soon after the start of the credit crisis over three years ago, American Express balance transfer offers were completely pulled. At the time, other credit card companies were behaving similarly, though most simply reduced the length of 0% APR balance transfer offers and increased balance transfer fees. American Express, however, took things to the extreme. They pulled all fixed APR for life balance transfer offers – something nearly all other credit card companies did as well – but unlike the vast majority of major credit card issuers, American Express never returned to the 0% balance transfer market.

Ultimately, American Express made a substantial strategic shift. They essentially reverted back to the bread and butter that made them profitable throughout the company’s history by focusing on charge cards and rewards credit cards. Low rate offers are clearly not a part of this strategy and many of their best credit card offers not only lack 0% introductory rates, but also come with high regular APRs. As a result of this, American Express cards are best left to consumers who pay their balances in full every month as, even though they offer top tier rewards card, consumers who carry balances from month to month could end up spending more in interest than they earn in rewards.

American Express Blue Cash Review: The American Express Blue Cash card was revamped. In the past, this card offered a tiered cash back rewards program that severely limited the ability of low spending to consumers to benefit from this offer. Two new versions of American Express Blue Cash, the Blue Cash Preferred and Everyday cards, offer as much as 6% cash back on groceries and 3% cash back on gas year round with no limits. While this card does charge an annual fee, these American Express credit cards are among the best in the space.

Review of the American Express Starwood Credit Card: The American Express Starwood Preferred Guest credit card is one of the most popular hotel rewards cards among travel aficionados. This particular offer is highly regarded due to its easy to use rewards program as well as the various perks and substantial sign up bonus offered to card-holders.

American Express® Balance Transfers | Citi Balance Transfers | Discover Balance Transfers | Chase Balance Transfers | Mastercard Balance Transfers

*Important Disclaimer: See credit card applications for complete terms and conditions. While Smart Balance Transfers makes reasonable efforts to maintain accurate information, all credit card information is presented without warranty. When you click an “Apply” button, you can review the credit card terms and conditions on the issuing company’s web site.