The American Express gift card is one of the most popular bank issued gift cards, second only to the Visa Gift Card. The gift card can be purchased at participating banks and at drug and grocery stores in denominations of $25, 50, 100 and 250. They can also be purchased online here in denominations of $25, $50, $100, $200, $500, $700, $1000, $2000 and $3000 (subject to a shipping charge, in addition to the purchase fee).
Below are the most frequently asked questions about the American Express Gift Card:
1. Can I add more funds to the American Express Gift Card?
No, you cannot add more money to the American Express Gift Card. Once the original value on the card is used up, the card becomes worthless. For a reloadable bank issued gift card, you can buy a Reloadable Visa Gift Card.
2. What fees come with the American Express Gift Card?
Like most bank issued gift cards, the American Express Gift Card comes with fees, including a purchase fee of about $4.95 payable at the time of purchase. There is also a monthly service fee of $2 that is charged after 12 months of purchase. This is better when compared to the Visa Gift Card service fees, which are typically charged after 7 months of purchase and can be as much as $4.95. In addition, if your card is lost or stolen, American Express will replace any available funds still remaining on the card but will charge you a replacement fee of $5.95.
3. Can I use the American Express Gift Card to make purchases online?
Yes, but before you do that, you need to register the card with American Express (add your name and billing address to the card). This is necessary because the online merchant will then be able to match the name and billing address you provide for your order with the name and billing address on file for your visa gift card (just like they do for credit cards).