Pass from American Express is a prepaid credit card for teens and young adults. With Pass, teens and young adults don’t have to carry around large sums of cash, or have to worry about overspending. Online tools help manage an allowance, and track spending. As a result, parents have a better way to provide spending money and monitor their teen’s spending. Teens are also enabled to start their first steps in learning about fiscal independence.
Pass Perks
- Unlike cash, if Pass is lost or stolen, your money is safe. You’re not responsible for fraudulent purchases, and American Express will replace your funds free of charge.
- If you accidentally break something you paid for with your Card, Purchase Protection will help you repair it, replace it, or reimburse you, up to 90 days from the date you bought it, up to $1,000 for each occurrence.
- Roadside Assistance means you won’t be stranded. Call us and we’ll call someone to help you out.
- Customize your Pass Card. The card comes in four colors, and you can even add an image of your choice.
- Pass Card can be used at millions of merchants worldwide, online, and at ATMs so you can use it at home, on the go, or internationally to purchase what you choose.
- Pass is prepaid so you can’t spend more than you have on the Card, and unlike debit, there is no risk of overdraft fees.
- Check Card balances and purchase histories anytime online, and receive alerts via e-mail when a purchase has been made, or when the account balance falls below $10. Pass Card members can also get low balance or “funds added” alerts on their cell phone, or check their current balance.
- Add funds instantly. Parents can add funds instantly online or over the phone.
- 24/7 service. If you need to reload, have a question, call customer service 24 hours a day, 7 days a week.
- Through the Rewards Mall, you can get discounts and special offers from merchants nationwide, including clothing, electronics and music.
- Become financially educated. Learn to manage money through Pass Card’s partnership with Junior Achievement.
How to Add Money to the Pass Prepaid Card
Parents can load the card instantly from any computer by logging into their account at americanexpress.com, and selecting “Load Funds To Card” from the Account Activities list. Since Pass is prepaid, parents don’t have to worry about their teens spending more than you load onto the card.
Other Benefits:
- Get a $25 cash bonus when you order Pass from American Express, and complete your first reload by August 15, 2010. American express offers up to 3 of the $25 cash bonuses with the Pass prepaid card today.
- Monthly fee of $3.95 is waived until Oct 1, 2010
Fees:
- Monthly fee: $3.95
- ATM fee: $1.50
How To Apply:
It’s easy to apply for Pass from American Express. Initially, you can load from $25 to $2500. Click here to submit an application.
This is a test.