Hey everyone just received word today that amex is discontinuing the secured optima card for good. No reason was given. But I have it on good word that amex does not want to be known for easy to get credit cards. Instead they are starting a card called American Express 1 card. The card will have lower credit and income requirments. There will be a 99.00 processing fee and 5.00 monthly fee. The annual fee is at 55.00. The credit lines will begin at 200.00 just enough to pay for the fee's. Sounds just like a capital one card???