How to Get an American Express Personal Loan
American Express (Amex) offers personal loans to selected existing cardholders in the U.S. These loans are unsecured, meaning no collateral is needed.
✅ Eligibility Criteria
To be eligible for an Amex loan, you must:
| Criteria | Requirement |
|---|---|
| 🪪 Amex Customer | You must be a pre-approved American Express cardholder |
| 📊 Credit Score | Typically 660+ FICO score (good credit) |
| 💳 Card Status | Card account must be active and in good standing |
| 💰 Income | Stable source of income required (no fixed minimum disclosed) |
| 🧾 Debt-to-Income Ratio | Should be within acceptable limits |
| 🌎 Residency | Must be a U.S. citizen or permanent resident |
📑 Required Documents
Though Amex doesn’t always ask for uploads if you’re pre-approved, generally these may be needed:
Government-issued ID (Driver’s License, Passport)
Proof of Income (Pay stubs, tax returns, W-2s)
Social Security Number (SSN)
Proof of Address (Utility bill, bank statement)
Amex Card Account Details
📝 How to Apply – Step-by-Step Process
Log in to your Amex account at www.americanexpress.com
Go to “Personal Loans” section
If you’re eligible, you’ll see a pre-approved offer
Select your loan amount (typically $3,500–$40,000)
Choose your repayment term (12–36 months)
Review interest rates and monthly payments
Submit your application
Get funds in your bank account (usually within 1–3 business days)
💡 Features of Amex Personal Loan
Fixed interest rates (no hidden fees)
No origination or prepayment fees
Good for debt consolidation, travel, medical, etc.
Only available to pre-selected Amex cardholders
❓FAQs
Q1. Can I apply for an Amex loan without an Amex card?
No, only pre-qualified existing cardholders can apply.
Q2. What is the max loan limit?
Up to $40,000 depending on eligibility.
Q3. What are typical interest rates?
Rates vary by applicant, but usually 5.9%–19.9% APR (fixed).