Barclaycard Cashback removing the 1% Amex card

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  • darren72
    darren72 Posts: 1,288 Forumite
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    Just got my letter today. Disappointed. Will have to look at what options are available to replace it. I still have my Aqua Cashback card paying 0.5% as I have been using that abroad due to the no fees for purchases.
  • isasmurf
    isasmurf Posts: 1,999 Forumite
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    As a temporary alternative for those with a TSB Classic Plus account, the TSB Platinum Mastercard offers 1% cashback on the first £500 of monthly spend to June 2018, and 0% on purchases for up to 20 months.
  • Marchitiello
    Marchitiello Posts: 1,266 Forumite
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    jimclark1967 wrote: »
    The terms & conditions "summary of changes" box says the payment network is changing from Amex & Visa to Visa only so safe to assume it will be a Visa.

    Like many here, I've had this card since it was Egg Money (oh for 4% on credit balances now!) - feels like the end of an era. I'll have a look at options but may well stick with it for non Amex spends.

    You are right, I read the second page shorthly after writing my previous post and realised it clearly stated the new card will be Visa only.

    I have my own reason to keep it but unless other members have better Visa/MasterCard deals I do not agree that getting an Amex issued card and cancelling/closing this one is the solution, as it should still be a good fall back for where Amex is not accepted.
  • planteria
    planteria Posts: 5,321 Forumite
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    i'll keep the Barclaycard Visa as a spending backup, but only because it is also a backup for balance transfers some time next year when my current MBNA deal comes to an end.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
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    I got the letter today, I wonder if they will start throwing money at complaining customers to keep their accounts open - like the last time they downgraded the cashback?

    I will keep the card for now as 0.5% is better than nothing and their balance transfer fees always seem lower than other banks - something to consider going forward.
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
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    That's a shame - I'm a sole trader and earn around £70 a month using the Amex 1% cashback.
    Just got my letter too.
  • TheEffect
    TheEffect Posts: 2,293 Forumite
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    Not received my letter yet, but use the AMEX cashback as my primary card. Not sure there's much point switching to Lloyds AMEX/MC duo, as that will most likely follow suit.

    Direct AMEX and Barclaycard Visa backup probably best option.
  • MABLE
    MABLE Posts: 4,080 Forumite
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    My two letters arrived today!
  • Marchitiello
    Marchitiello Posts: 1,266 Forumite
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    TheEffect wrote: »
    Not received my letter yet, but use the AMEX cashback as my primary card. Not sure there's much point switching to Lloyds AMEX/MC duo, as that will most likely follow suit.

    Direct AMEX and Barclaycard Visa backup probably best option.

    Not sure about that.
    Barclaycard only launched a partner card with Amex in 2013 and it looks like it only lasted 4 years.

    Lloyds launched the Airmiles duo card (Amex/MasterCard, now Avios- which at the time replaced the NatWest Airmiles Visa/MasterCard duo) in June 2007, so almost 10 years ago
  • TheEffect
    TheEffect Posts: 2,293 Forumite
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    Marchitiello wrote: »
    Not sure about that.
    Barclaycard only launched a partner card with Amex in 2013 and it looks like it only lasted 4 years.

    Lloyds launched the Airmiles duo card (Amex/MasterCard, now Avios- which at the time replaced the NatWest Airmiles Visa/MasterCard duo) in June 2007, so almost 10 years ago

    Lloyds constantly decline me. I had the Avios card with them a year or so ago, tried to churn it, been declined ever since.

    Nothing wrong with my credit report, no problem getting any of the AMEX cards.

    I wonder if Barclaycard will just cancel the AMEX and let us use the same VISA card, or whether we'll all receive new VISA cards.
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