American Express is a Credit Karma partner
American Express Serve® Cash Back adds cash back to the prepaid debit card formula.
What to Like
With the American Express Serve® Cash Back, cardholders get 1% cash back on purchases. There’s no credit check or minimum balance, and cardholders get access to many of the same services as with an American Express credit card.
Look Out For
In return for the cash back, cardholders pay a $5.95 monthly fee (as opposed to just $1 for the normal American Express Serve®). Cardholders also pay up to $3.95 each time they reload cash onto their cards at a retailer, though you can use Direct Deposit to reload without a fee. Keep in mind that this is a prepaid debit card, not a credit card, and it won’t be included on your credit reports.