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Top 5 Money Transfer Apps That Accept American Express

In this digital age, the importance of money transfers is growing as our everyday activities rely heavily on them. Fortunately, the fintech industry has revolutionized the way we transfer money through convenient mobile apps. Gone are the days of visiting a bank branch or waiting in line. With just a few taps, money transfer apps have made it quick and easy to send and receive money.

While many money transfer apps accept various payment cards, only a select few accept American Express (AmEx). If you’re curious about which ones do, keep reading as we’ve done thorough research to provide you with the top 5 money transfer apps that accept American Express.

What Are Money Transfer Apps?

Money transfer apps are convenient and effortless ways to transfer money from one account to another securely. These apps may come with some limitations, such as transfer limits or regional availability, which can vary depending on your location.

What Is American Express?

American Express, also known as AmEx, is a renowned American financial company that specializes in issuing payment cards. As one of the top card issuers worldwide, AmEx offers a range of payment cards like the Platinum Card, the Blue Cash Everyday Card, and the Delta SkyMiles Blue Card. These cards come with various perks to help users manage their finances effectively.

Which Money Transfer Apps Accept American Express?

With over 121 million cards in circulation worldwide, American Express is a prominent card issuer. Therefore, most money transfer apps strive to support AmEx cards to provide users with seamless financial management. Here are the top 5 money transfer apps that accept American Express:

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1. Venmo

Venmo, a popular peer-to-peer payment service, allows quick, safe, and convenient money transfers. On top of that, Venmo offers features like cashing or depositing checks into your account and using them for transactions or withdrawing funds to your linked bank account. Notably, Venmo has partnered with American Express to introduce a new feature called “Send & Split.” This feature enables customers to send and receive money from their American Express cards and even split the cost of purchases. Setting up your American Express card with Venmo is a breeze:

  1. Download the Amex App on your smart device.
  2. Log in and tap the “Account” tab.
  3. Enroll in “Send & Split®” to set up your Send Account.

Once your Amex Send Account is ready, simply open the Venmo app, go to the “Me” tab, select the Wallet section, and add your Amex Send Account from the list of options. Now you can use your Amex Send Account as a funding source when sending money through Venmo or transfer money from your Amex Send Account in the Amex app.

2. PayPal

PayPal is a widely recognized international money transfer app. It allows individuals and businesses to conveniently and securely send and receive money across the globe. Unlike other apps, PayPal supports a wide range of payment methods, including bank accounts, credit/debit cards, and prepaid cards. Moreover, PayPal has partnered with reputable companies like Walmart and American Express to offer excellent fund management options. To use American Express with PayPal, follow these steps:

  1. Download the Amex App on your smart device.
  2. Log in and tap the “Account” tab.
  3. Enroll in “Send & Split®” to set up your Send Account.
  4. Open the PayPal app and add your Amex Send Account as a payment method.
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Once you’ve linked your Amex Send Account to PayPal, you can use your American Express card as a funding source for transfers. Likewise, you can transfer money through the Amex app using PayPal.

3. Cash App

With over 44 million active monthly users, Cash App is a notable money transfer app. It allows safe and convenient peer-to-peer transfers between accounts. However, please note that Cash App is only available in the US and UK. Cash App accepts debit and credit cards from major issuers like Visa, Mastercard, American Express, and Discover, making it another excellent choice for AmEx cardholders.

4. Skrill

Skrill is a trusted digital wallet provider that offers secure money transfer services. It also provides a virtual card for enhanced fund management. Skrill has long been a popular choice for business owners to receive payments securely. Notably, Skrill supports payment cards from major issuers, including Visa, Mastercard, and American Express.

5. Payoneer

Payoneer is a global financial services company that offers cross-border money transfer and digital services. It provides a seamless way for business owners to accept payments worldwide. Setting up an account with Payoneer is simple and hassle-free, and they offer an intuitive app to manage your account. Payoneer accepts a variety of payment cards from major issuers, including Visa, Mastercard, and American Express.

Frequently Asked Questions

  • Can I Transfer Money From My American Express to My Bank Account?
    Unfortunately, American Express does not support transfers from an AmEx credit card to a bank account. However, you can obtain a cash advance from your AmEx card account and transfer the funds to your bank account. Some banks, like U.S. Bank, do support transfers from American Express to checking or savings accounts held with them.

  • Can I Transfer Money From American Express to PayPal?
    Absolutely! You can transfer money from your American Express card to PayPal. Eligible AmEx card members will find the process even more straightforward. To do this, ensure you’ve set up an “Amex Send Account” to transfer money from your Amex card account to PayPal.

  • Does MoneyGram Accept American Express?
    As of now, MoneyGram does not accept American Express as a payment method.

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Final Thoughts

Money transfer apps have gained significant popularity, and it’s crucial to know which ones accept American Express cards. Luckily, there are several apps that allow you to add your Amex card as a payment method. We’ve listed the top 5 money transfer apps in this guide to help you make informed choices.

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