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  • FIRST POST
    • MiM
    • By MiM 26th Apr 08, 12:05 PM
    • 640Posts
    • 96Thanks
    MiM
    Do PayPal payments earn Amex cashback?
    • #1
    • 26th Apr 08, 12:05 PM
    Do PayPal payments earn Amex cashback? 26th Apr 08 at 12:05 PM
    Hi all! I'm hoping to make an expensive and sparkly purchase to an American company.

    They only take bank wire transfer or PayPal. I've just got the Amex card paying 5% cashback at this point.

    Can I use the card to make the PayPal payment and if so do I get the 5% back?

    Many thanks for any advice.
Page 1
  • JohalaReewi
    • #2
    • 28th Apr 08, 12:45 PM
    • #2
    • 28th Apr 08, 12:45 PM
    AFAIK, all Amex purchases are eligible for cashback including USD ones. Note that Paypal charge all transactions to AMEX in USD but if you are buying in USD to start with, this won't be a problem for you. There will be the usual 2.73% commission charged by Amex to convert USD to GBP on your account.
    • MiM
    • By MiM 28th Apr 08, 4:47 PM
    • 640 Posts
    • 96 Thanks
    MiM
    • #3
    • 28th Apr 08, 4:47 PM
    • #3
    • 28th Apr 08, 4:47 PM
    Great stuff, means it's still worth doing for 2.something profit - many thanks.
    • mentat72
    • By mentat72 28th Apr 08, 4:50 PM
    • 297 Posts
    • 1,191 Thanks
    mentat72
    • #4
    • 28th Apr 08, 4:50 PM
    • #4
    • 28th Apr 08, 4:50 PM
    So using a Morgan Stanley card would also earn cashback in this way?

    I was using my Amex, but being charged for the conversion I switched to the MS card instead and did it through Quidco too..
    Money can't buy friends, but it can get you a better class of enemy - Spike Milligan.

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  • JohalaReewi
    • #5
    • 29th Apr 08, 12:49 PM
    • #5
    • 29th Apr 08, 12:49 PM
    Should do. Paypal transactions are usually purchases to credit card companies and so should be eligible for cashback.
    • lisyloo
    • By lisyloo 29th Apr 08, 2:00 PM
    • 20,601 Posts
    • 9,708 Thanks
    lisyloo
    • #6
    • 29th Apr 08, 2:00 PM
    • #6
    • 29th Apr 08, 2:00 PM
    I was using my Amex, but being charged for the conversion
    If you are buying in s then the conversion charges should be refunded (ring AMEX if not).

    If you are buying in $ and in the Amex introductory period then cashback is still pretty good at 5%-2.73% = 2.27%.
  • JohalaReewi
    • #7
    • 30th Apr 08, 12:33 PM
    • #7
    • 30th Apr 08, 12:33 PM
    If you are buying in s then the conversion charges should be refunded (ring AMEX if not).

    If you are buying in $ and in the Amex introductory period then cashback is still pretty good at 5%-2.73% = 2.27%.
    Originally posted by lisyloo
    Slightly better than that in theory. You get cashback on the GBP amount on your account which includes the 2.73% commision so you should get 5% of that back too.
    • billbennett
    • By billbennett 30th Apr 08, 9:31 PM
    • 2,272 Posts
    • 1,623 Thanks
    billbennett
    • #8
    • 30th Apr 08, 9:31 PM
    • #8
    • 30th Apr 08, 9:31 PM
    an expensive and sparkly purchase to an American company.

    They only take bank wire transfer or PayPal.
    Originally posted by MiM
    Is their salesman's name George Adgdgdgwngo? (Google it)

    But seriously - doesn't it sound a bit dodgy they only take wire transfer or Paypal?

    Would've thought a reputable american company will take amex... or at least visa/mastercard...
    In "Monopoly", what makes the "Super Tax" so super?
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