American Express Balance Transfer. American Express money transfers can be made by customers using several methods including balance, wire and online transfers. Balance transfers are not currently available on new American Express Credit Card applications.
If you get an American Express that comes with car insurance, you will only benefit from this if you don't already have car insurance taken out. But how do you complete an American Express balance transfer? Balance transfers can be made from most non-ANZ Visa or Mastercards (ASB, Bank Direct, BNZ, KiwiBank, TSB or Westpac), American Express, GE CreditLine, Q Card and Farmers Card.
American Express' Serve card is a prepaid, reloadable card that you can use to transfer money to another person.
Decisions about balance transfers are sent through the mail.
This typically is done to lower interest payments. A balance transfer could take up to six weeks to appear in the account you're transferring the balance to, depending on your card issuer. Although American Express (Amex) is best known for credit cards, it also operates a personal savings division.
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