If you’re an American Express cardholder, you might wonder: Does Amex offer auto loans? The answer is slightly different from what you might expect — and knowing the details can help you find the right car financing option.
Here’s what to know about Amex and auto loans — plus smart alternatives if you’re planning your next vehicle purchase.
Does American Express Offer Auto Loans?
No, American Express does not directly offer traditional auto loans like banks or credit unions.
Instead, Amex focuses on:
- Credit cards
- Personal loans
- Business financing
- Luxury vehicle services for Platinum and Centurion cardmembers (but not loans)
They do not have a product specifically for car financing or refinancing like a dedicated auto loan program.
Auto Financing Alternatives for Amex Cardholders
While Amex doesn’t offer auto loans, cardholders have other options:
1. Amex Personal Loans
- Available to pre-qualified American Express cardholders
- Loan amounts from $3,500–$40,000
- Fixed rates and terms (up to 36–48 months)
- No collateral required
✅ You could technically use an Amex personal loan to buy a car, but interest rates might be higher than traditional auto loans.
2. Credit Union or Bank Auto Loans
- Typically offer lower rates than unsecured personal loans
- Allow longer loan terms (up to 84 months)
- Collateralized by the vehicle (lower risk for lender = lower rates for you)
✅ A better option for most car buyers compared to using personal loans.
3. Auto Loan Refinance Options
- If you already have an auto loan, refinancing through a bank, credit union, or online lender could reduce your rate
- Amex itself doesn’t offer refinance services
Special Benefits for Amex Cardholders
While Amex doesn’t offer direct auto loans, higher-tier cardholders (especially Platinum and Centurion) sometimes get perks like:
- Car rental discounts
- Luxury vehicle services through Fine Hotels + Resorts programs
- Purchase protections if buying a car with your Amex card (terms apply)
But again — no official auto loan or leasing program is available through Amex.
Related: Auto Loan for Bad Credit
Need car financing options that work for all credit types? Check out our complete guide to finding affordable auto loans even if your credit isn’t perfect.
Final Thoughts
While American Express doesn’t directly offer auto loans, cardholders still have strong financing alternatives. Whether through a personal loan, a credit union auto loan, or another trusted lender, it’s important to compare rates and terms carefully before making a decision.
