Target American Express Prepaid Card – Another Way To Meet Minimum Spending

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A reader shared with me in confidence that American Express had a prepaid card at Target which can be funded with a credit card for virtually no fees ($3 for $1,000 in funding).

I don’t usually like keeping secrets on the blog, but I prefer keeping my word.  Note that confidentiality has to be negotiated in advance, so you can’t just send me an email with what you consider a secret and ask me to not publish it!

However, Frequent Miler recently wrote about the American Express prepaid card, so it isn’t a secret anymore.  I’ll share my experiments with the card once I finish writing about the other prepaid cards which I’m experimenting with.

You can buy and fund the American Express Target prepaid card with either a credit card (useful for meeting minimum spending requirements) or with gift cards bought using a credit card which has a high category bonus.

For example, the Hilton American Express card offers 6X Hilton points for purchases at drug stores, grocery stores or at gas pumps.  Or the Chase Ink Bold or Ink Plus which offer 5X Ultimate Rewards points for purchases at office supply stores such as Office Max, Office Depot, and Staples.

You then use the Target American Express prepaid card for your regular spending or to withdraw money at an ATM.

The Catch

The big catch is that the card is hard to find in Target stores and is available in only certain states!

Here’s a list of states in which the card is available.  See Frequent Miler’s post here on how to find the card.

Bottom Line

The Target American Express card could be potentially better for many folks than American Express Bluebird.  That’s because you can fund the card with a credit card at a Target store which are usually easier to find than Vanilla Reloads at Office Depots or at Walgreen’s.

However, there isn’t an option to pay bills, but this card is still useful to increase the amount you can spend on a credit card.

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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