Exchange Bank Cash Rewards American Express® Card Review

Exchange Bank Cash Rewards American Express® Card is a cashback credit card issued by Exchange Bank of Milledgeville. If you're wondering whether Exchange Bank Cash Rewards American Express® Card is the right card for you, read on. This is everything you need to know to make a good choice.

• Generous reward rate. You will get a cashback rewards rate of up to 3%.
• Earn 1% cash back on everyday purchases (terms apply*).
• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• Signup bonus. Offers a signup bonus of $25.
• Competitive APRs. Exchange Bank Cash Rewards American Express® Card has a variable purchase APR that ranges from 14.49% up to 23.49%.
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Exchange Bank Cash Rewards American Express® Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, and fraud protection.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 600.

The Good	The Bad
Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 6 months. 0% APR on new purchases during the first 6 months. No annual fee. Multiple credit card perks. Access to a concierge. Considers applicants with fair or poor credit. Exchange Bank Cash Rewards American Express® Card reports to multiple credit bureaus.	Does not offer rewards or cash back. Charges a foreign transaction fee of 2%. Charges a 3% balance transfer fee.

Is there a Exchange Bank Cash Rewards American Express® Card cash back or rewards program?

No, Exchange Bank Cash Rewards American Express® Card does not offer a rewards program. Exchange Bank Cash Rewards American Express® Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Exchange Bank Cash Rewards American Express® Card you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 3% for purchases in a bonus category.

What are the Exchange Bank Cash Rewards American Express® Card benefits?

Exchange Bank Cash Rewards American Express® Card provides the following benefits:

• No blackout dates when redeeming miles
• Reports to major credit bureaus

What are the relevant APRs for Exchange Bank Cash Rewards American Express® Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Exchange Bank Cash Rewards American Express® Card has lower than average purchase APRs.

Exchange Bank Cash Rewards American Express® Card has a variable purchase APR that ranges from 14.49% up to 23.49%. The card has a variable balance transfer APR that ranges from 14.49% up to 23.49%. It also has a variable cash advance APR of 23.99% .

What are the fees for Exchange Bank Cash Rewards American Express® Card?

The following fees apply to Exchange Bank Cash Rewards American Express® Card:

• There is no overlimit fee

Exchange Bank Cash Rewards American Express® Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	2%
Returned Payment Fee	up to $35
Late Payment Fee	up to $40

Does Exchange Bank Cash Rewards American Express® Card report your account activity to credit bureaus?

Yes, Exchange Bank Cash Rewards American Express® Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Exchange Bank Cash Rewards American Express® Card

• Visit the Exchange Bank Cash Rewards American Express® Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.