Credit Card News
Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Card Issuers » Earn Cash Back with American Express Serve

Earn Cash Back with American Express Serve

Add to Favorites:
Earn Cash Back with American Express Serve

American Express is rolling out Serve Cash Back, a new prepaid debit card that lets people earn 1% cash back on purchases, along with the usual benefits that come with this account including free direct deposit and online bill payment.

What does 1% cash back mean in terms of dollars and cents with this new card? When you do the math using recent U.S. Department of Labor national averages for groceries, restaurants, transportation, entertainment, clothing and gas, according to Amex, it means that cardholders could earn $400 or more back depending on their spending patterns.

This is seen by American Express as being a way to help people get more for their money. “We know consumers are looking to stretch their budgets and get more from every dollar they spend,” said Stefan Happ, chief commercial officer, Enterprise Growth, American Express. “With the American Express Serve Cash Back Card, we are defining a new standard in the prepaid industry and rewarding our customers where they’re already spending – on everyday items such as gas, groceries and clothing.”

How it works

With the Serve Cash Back card people start accumulating their cash back when they use the card. Once they are ready to use the cash back they’ve saved, they log into their account, check out how much they have accumulated, and then opt to use the whole amount or a portion to pay for their next purchase.

The cash back that people earn with this can cannot be redeemed for cash.

Additional card benefits

People who opt to get the American Express Serve Cash Back card also get access to other benefits including:

  • Direct deposit is free
  • Online bill payment is free
  • Withdrawals can be made for free at 24,000 MoneyPass ATMs
  • Access to special discounts and Amex offers from select merchants
  • Amex customer service 24/7
  • Fraud Protection

The fee for this prepaid card is $5.95 per month, but there is no minimum balance or credit check required.


Add to Favorites:

Related News:

New Business Card from Amex

By Dar Dowling, Posted: February 02, 2016

American Express OPEN now has a new card in their lineup – the SimplyCash Plus Business Credit Card, offering small businesses up to 5% cash back on key purchases. Continue reading
The New Costco Credit Card is Coming Soon

By Dar Dowling, Posted: April 11, 2016

People with the Costco American Express cards will be receiving the new Costco Anywhere Visa credit card in late May or early June, offering up to 4% cash back. Continue reading
Money Magazine Names Best Credit Card Picks

By Elizabeth Nelson, Posted: October 08, 2015

The October issue of Money Magazine has once again named their picks for the best credit cards of 2015-2016, and cards from Citi, Discover, and Barclaycard have taken top honors in the cash back, shopping, and travel categories. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Unlimited 1.5x rewards on every purchase, every day. For every $1 you spend, you earn 1.5x Miles.
For Excellent, Good Credit
You could turn $200 into $400 with Cashback Match™. We’ll automatically match all the cash back you earn at the end of your first year. New cardmembers only.
For Excellent, Good Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit