At this time, only pre-approved Cardmembers may apply for a Personal Loan and the application must be done online. You must have an American Express Online Services account to apply. Simply sign up for an Online Services account if you do not have one prior to accessing the application . If you are pre-approved, we’ll let you know the maximum amount you can borrow, as well as the annual percentage rate that will apply to your loan.
You will be required to provide the following information during the application process including:
- Amount you wish to borrow
- Desired repayment period
- Purpose for requesting the loan
- Contact information
- Bank account details for direct deposit of funds and monthly payments (Account, Institution & Transit numbers). These numbers can be found on your cheque or your online banking portal.