American Express Discussion Area

pin

Seems I had 2% cashback for one month, but now have been dropped back to 1% (as have not reached the £7k ceiling). I have reached the £5k ceiling though. I will be writing to complain, as they have changed the terms of my contract without notifiying me within a reasonable time (also I thought the changes were supposed to be applied from October?)

ler01kjh

That doesn't really make sense. If before, you got 1% cashback on all spending, and now, you get 0.5% up to £2000, and 1% after, then there is a reduction - it can't possibly be 1% on aggregate terms because cashback is at a rate under 1% for the first £2000 spend!

If you spend over 2K on it in a year you won't lose any cashback as the cashback is payed at 1% on aggregate amounts.

CopperPlate_2

Have just phoned and cancelled my application. Can't be bothered with all the carrying on and I was told that if I signed up to the old T&C's then I would be informed within a 'reasonable' period of time that there was a variation. Will stick to my Smile Gold card I think!

CP
;D

westernpromise

I've just had an Amex mailshot offering the Platinum credit card with 4% cashback. This month is the 1-year anniversary of my having an Amex Blue.

I fancy a Platinum given the high cashback, but is there a way to finesse switching from one to another to avoid missing out on any cashback I've accrued in the new membership year?

zcaprd7

Don't know - ask them if you can carry the cashback with you?

dark_star_3

some bad news I'm afraid  :(
I've just received a letter from AMEX advising of a change to their Platinum credit card T&C's..

The cashback will now be calulated as follows:
Up to £3K spend earns 0.5%
From £3K - £7.5K earns 1%
£7, 501+ earnes 2%

this obviously changes the annual spend required to make the Platinum better than the Blue.

Before the T&C change, it was worth upgrading to a platinum if your annual spend was in excess of £6K (after the introductory offer in year 1)
however now, it's only worth upgrading if you will spend over £9K
very sneaky  >:(
edit> I've just read here that Blue now only pays 0.5% cashback, if this is the case can you let me know as the above calcs will be wrong (it still says 1% on their site)

pin

0.5% up to £2,000, then 1% above £2,001

http://www24.americanexpress.com/pes/uk/benefits/blue_credit_features.asp

SmartRRRR

I rang to cancel my Green card (I've had it since it was launched 10 years ago) and was offered an 'upgrade' to a Platinum with 'up to 4% cashback' - instead of the poor points offering they do with the green card.

I signed a form they sent, and heard nothing.

Now, my new Amex Platinum arrived today. Limit? £1,100!

A phone call for an explanation and a stupid response.

They said I would have the (already poor) £3300 limit from my green card transferred 'within the next 14 days' when they closed the green account.

If I was good and used the card regularly and was never late with a payment I could apply for an increase after 6 months.

The BT rate is 4.9% life of balance. I won't do a BT because my Accucard also came last week with £5k and 0%.

dave111

Got a Gold charge 12months ago for free
not used it much.
rang up today and asked to cancel.
i was offered a Green chargecard for free.
Is it worth taking.
Any benefits using Green charge card.
thanks

carpy

does anyone if it's ok to pay by debit card on the due date without incurring a late payment fee or in other words do you have to wait for the payment to clear?? ???

i'm new to american express but with my halifax card i've always paid on the due date (sometimes late and after office hours) without a problem