I have a amex platinum card how do I redeem the cashback

Philip21

I have had a amex card for several months and a significant amount of cashback has built up how/when can I redeem it?

p00hsticks

My understanding is that any cashback is credited to the card on the year anniversary of you taking it out.

lisyloo

It will be credited on your 3rd statement.
You either spend it or ask them to transfer it to your bank account by sending them the details in a secure message.
Keep USING the card otherwise they might cancel your card and forfeit the cashback.

gazareth

p00hsticks wrote: »

My understanding is that any cashback is credited to the card on the year anniversary of you taking it out.

This is correct. I have just had a little under £260 credited to my card, a year after taking the card out. I had to phone them up and get them to do a bank transfer for the credit amount (7-14 days!).

Kaiser_Kangaroo

Just been trying to find out the same information.
Built up £60 in 5 months..
But, just seen this

No rebate is payable if you end the agreement before the relevant Card Anniversary Date or if, in the 12 months preceding your Card Anniversary Date, the aggregate amount of all transactions (other than cash advances and balance transfers) totals less than £3000

Is there an easy way to see how much you've spent in a year, or do you need to add up each monthly total.. thinking i'll be racing to spend in 6 months time..

On a plus point, the cashback is higher if you spend over £3501

McKneff

the cash back amount is now on your statement
(They started doing this about 3 or 4 months ago)

Mr_K

Kaiser_Kangaroo wrote: »

No rebate is payable if you end the agreement before the relevant Card Anniversary Date or if, in the 12 months preceding your Card Anniversary Date, the aggregate amount of all transactions (other than cash advances and balance transfers) totals less than £3000

I 'think' the min £3k spend clause was introduced recently, won't apply if you took your card out a year ago with different terms. However I've made sure my spending over £3k to be on the safe side. Soon as I've got the money its goodbye AMEX....

McKneff

if you are saying goodbye to Amex, dont forget to actually cancel your card.

I got a letter a while ago saying that if i do not use my card in a 12 month period they would charge a £20 inactivity fee.

I also will be cancelling mine after my cash back. I can get better cash back cards than half %

Mr_K

McKneff wrote: »

if you are saying goodbye to Amex, dont forget to actually cancel your card.

I got a letter a while ago saying that if i do not use my card in a 12 month period they would charge a £20 inactivity fee.

yes, thats the main reason i'll be cancelling. However I've heard they can offer incentives to stay, like cash payments etc. I'll keep it a while, if they offer this, and then cancel (!)